Fired federal workers face choices now that judge wants them rehired
Whether to return to the federal workforce is a decision confronting thousands of fired employees.
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Consumer confidence tumbles to 12-year low
The Conference Board’s report Tuesday said that the measure of Americans’ short-term expectations for income, business and the job market fell 9.6 points, to 65.2.
Postmaster General Louis DeJoy resigns after 5 years in position
President Trump has said he is considering putting USPS under the control of the Commerce Department in an attempt to stop losses at the $78 billion-a-year agency, which has operated as an independent entity since 1970.
Trump administration asks Supreme Court to halt judge’s order to rehire probationary federal workers
The appeal also calls on the conservative-majority court to rein in the growing number of federal judges who have slowed President Donald Trump’s sweeping agenda, at least for now.
Power conferences fill this year’s Sweet 16 for first time ever
The Sweet 16, a popular destination for bracket-busting mid-majors, is made up entirely of teams from power conferences, a first since the bracket expanded to 64 teams in 1985.
Jury orders Monsanto parent to pay nearly $2.1B in Roundup weedkiller lawsuit
Bayer, which acquired Monsanto in 2018, has continued to dispute claims that Roundup causes cancer. But the company has been hit with more than 177,000 lawsuits involving the weedkiller and set aside $16 billion to settle cases.
March Madness first-round games drawing more viewers
Thursday night’s NCAA Men’s Basketball Tournament games made up the most-watched prime-time first-round slate in March Madness history.
Small Business Administration to reorganize, cut about 2,700 jobs
The layoffs are part of a larger campaign by the Trump Administration to shrink the federal workforce.
Johnson & Johnson plans $55B in United States investments
Aside from building four new plants, Johnson & Johnson said that it will expand several existing sites.
Trump—with Indiana Gov. Braun on hand—orders plan to dismantle the Education Department
Braun tweeted that he supports “President Trump’s bold action to return education to where it belongs and to put parents in the driver’s seat of their children’s education.”
In 35 years of motorsports, Ganassi builds business by winning
Team Penske is considered the gold standard of American open-wheel racing. But drivers for Indianapolis-based Chip Ganassi Racing have won five of the last seven IndyCar championships.
Trump to call for shutdown of U.S. Education Department
President Trump has derided the Department of Education as wasteful and polluted by liberal ideology. However, finalizing its dismantling is likely impossible without an act of Congress, which created the department in 1979.
Fed keeps interest rate unchanged, sees slower growth, slightly higher inflation ahead
The Federal Reserve has again kept its interest rate at about 4.3%, as the central bank evaluates the impact of the Trump administration’s policies on the economy.
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7B from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company in the latest plan to settle thousands of lawsuits.
Judge rules DOGE’s USAID dismantling likely violates Constitution
The federal judge indefinitely blocked the Department of Government Efficiency from making further cuts to the agency.
Google to buy cybersecurity firm Wiz for $32B in largest deal in its history
The acquisition of cybersecurity firm Wiz is expected to boost the tech giant’s in-house cloud computing amid burgeoning artificial intelligence growth.
Americans increased retail spending tepidly last month
U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month
New poll breaks down why people fill out March Madness brackets
The survey found that about one-quarter of Americans fill out a men’s March Madness bracket “every year” or “some years.”
As AI nurses reshape hospital care, human nurses are pushing back
Hospitals say AI is helping nurses work more efficiently while addressing burnout and understaffing. But nursing unions argue the technology is overriding nurses’ expertise and degrading the quality of care patients receive.
A 10% drop for stocks is scary, but isn’t that rare
The U.S. stock market has just dropped 10% from its high set last month. Wall Street has a name for such a decline: a “correction.”