WeightWatchers files for bankruptcy protection to eliminate debt burden
The 62-year-old company, which has moved into the prescription drug weight loss business, hopes to emerge from bankruptcy within 45 days.
Associated Press
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Caitlin Clark’s return to Iowa for Fever preseason game draws big viewership for ESPN
The average viewership for Sunday’s game was 13% higher than ESPN’s 2024 regular-season average for the WNBA.
Justice Department expands effort to break up Google with possible teardown of ad network
The government’s latest proposal was filed two-and-half weeks after a federal judge ruled that Google’s lucrative digital ad network has been improperly abusing its market power to stifle competition.
Attorney says NCAA deal should resolve judge’s concerns over roster limits
An attorney in the $2.8 billion legal case reshaping college sports said an agreement reached with the Indianapolis-based NCAA should address U.S. District Judge Claudia Wilken’s concerns.
Homeland Security chief says travelers with no Real ID can fly, but with likely extra steps
Kristi Noem, head of Homeland Security, said security checkpoints will also be accepting passports and tribal identification when the Real ID deadline hits Wednesday.
Cadillac F1 makes entrance as official team as questions swirl about lineup
The new Fishers-based Cadillac F1 team officially announced its arrival over the weekend at a glitzy South Beach extravaganza packed with industry executives and influencers.
Federal Reserve likely to ignore Trump, keep rates unchanged this week
President Trump and Treasury Secretary Scott Bessent have said that inflation has steadily cooled and high borrowing costs are no longer needed to restrain price increases.
Trump swiftly undoing transgender protections in HUD housing policies
With changes to the Equal Access rule and other guidance still unclear, what happens now often depends on where a case is filed.
Trump threatens 100% tariff on foreign-made films
U.S. film and television production in the U.S. was down 26% last year compared with 2021, according to data from ProdPro, which tracks production.
Trump administration asks Supreme Court to let DOGE access Social Security systems
Elon Musk, now preparing to step back from his work with the Department of Government Efficiency, has been focused on Social Security as an alleged hotbed of fraud.
Home ownership climbs further out of reach for most Americans
Based off the latest U.S. median home listing price, homebuyers need to earn $47,000 more a year to afford a home than they would have just six years ago.
Employers add better-than-expected 177,000 jobs as job market shows resilience
Hiring came in above economists’ expectations and the unemployment rate remained unchanged, the Labor Department reported Friday.
Trump signs executive order directing federal funding cuts to PBS, NPR
The broadcasters get roughly half a billion dollars in public money through the Corporation for Public Broadcasting, and have been preparing for the possibility of stiff cuts since Trump’s election.
Apple posts stronger-than-expected Q2 results
Apple’s earnings for the first three months of the year topped expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the quarter’s results.
Lilly shares plunge after CVS Health drops Zepbound from preferred coverage
CVS Health’s pharmacy benefits manager said weight-loss drugs from rival drugmaker Novo Nordisk will become the preferred options on its standard formulary, or list of covered drugs, as of July 1.
Kohl’s ousts CEO Buchanan after investigation into some vendor transactions
The firing comes at a time when Kohl’s, which operates 1,600 stores across the country, is wrestling with sluggish sales.
Caitlin Clark’s return to Iowa for Fever preseason game commands average paid ticket price of $440
Ticketing tech firm Victory Live, which analyzes sales on the secondary market, said the average paid price for Indiana Fever home games has more than doubled since last season.
Senate votes down resolution to block Trump’s global tariffs
The Democratic resolution forced a vote under a statute that allows them to try to terminate the national economic emergency Trump used to levy the tariffs.
Cheap parcels from China will no longer be duty-free. Here’s what it means for buyers, sellers.
Consumers can expect higher prices and delivery delays when the Trump administration ends a duty-free exemption on low-value imports from China on Friday. But some might benefit.
Inflation cools and Americans step up spending
The slowdown in inflation could be a temporary respite as the widespread tariffs are expected to push up prices in many categories.