Inflation is eroding the strong gains in wages and salaries that have flowed to America’s workers in recent months, creating political headaches for the Biden administration and congressional Democrats and intensifying pressure on the Federal Reserve.
To enforce President Joe Biden’s forthcoming COVID-19 mandate, the U.S. Labor Department is going to rely on employees concerned enough to turn in their own employers if their co-workers go unvaccinated or fail to undergo weekly tests to show they’re virus-free.
It’s one of the mandates along with a burst of new spending aimed at improving auto safety amid escalating road fatalities in the $1 trillion infrastructure package that President Joe Biden is expected to sign soon.
Pfizer asked U.S. regulators Tuesday to allow boosters of its COVID-19 vaccine for anyone 18 or older, a step that comes amid concern about increased spread of the coronavirus with holiday travel and gatherings.
The Labor Department reported Tuesday that its producer price index—which measures inflation before it hits consumers—rose 0.6% last month from September, pushed higher by surging gasoline prices.
General Electric announced Tuesday that it will spin off its health care business in early 2023 and its energy segment including renewable energy, power and digital operations in early 2024.
The Biden administration framed its vaccine mandate for larger private employers in life-and-death terms Monday in a legal filing that sought to get the requirement back on track after it was halted by a federal court.
Both men are alleged to be affiliated with the prolific Russia-based REvil ransomware gang, whose attacks have compromised tens of thousands of computers worldwide and yielded at least $200 million in ransom payments, said Attorney General Merrick Garland.
Sen. Tim Lanane of Anderson announced his decision Monday, saying he would finish his current term that runs until the November 2022 election.
The NCAA on Monday set the stage for a dramatic restructuring of college sports that will give each of its three divisions the power to govern itself.
The company plans a 38,000-square-foot expansion at Hoosier Park that will result in 100 more slot machines, along with restaurant and bar space and a new drive-through area for valet parking.
The 5th U.S. Circuit Court of Appeals granted an emergency stay of the requirement by the federal Occupational Safety and Health Administration that workers at certain businesses be vaccinated by Jan. 4 or face mask requirements and weekly tests.
House Ways and Means Chairman Tim Brown wants to explore expanding Indiana’s 7% sales tax to services, which potentially could be anything from haircuts to hospital stays, with the aim of lowering the overall sales tax rate.
The Indiana congressman said he met Twitter’s demand that he delete his Oct. 19 post regarding Dr. Rachel Levine becoming the first openly transgender four-star officer in the U.S. uniformed services.
The House approved a $1 trillion package of road and other infrastructure projects late Friday after Democrats resolved a months-long standoff between progressives and moderates.
Shares of Indianapolis-based Eli Lilly and Co., which makes an antibody treatment for COVID-19 that requires infusions, were down 2.7% in late-morning trading Friday, to $263.76 each.
Friday’s report from the Labor Department also showed that the unemployment rate fell to 4.6% last month, from 4.8% in September.
A new report illustrates how the pandemic imposed a heavy toll on working women. It found one in three women over the past year had thought about leaving their jobs or “downshifting” their careers.
After two disappointing months of hiring, a key question overhanging Friday’s U.S. jobs report for October will be whether companies found more success this time in filling millions of open positions.
IndyCar team owner Michael Andretti said “control issues at the 11th hour” derailed Indianapolis-based Andretti Autosport’s bid to buy the Alfa Romeo team from Sauber, but he has not given up on his attempt to acquire a Formula One team.
