Inflation rose slightly in April compared to March, but at a slower annual pace
More than half of the monthly increase in April was fueled by a 0.3 percent increase in shelter costs, the labor department said.
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Tech industry warns investment pledges hinge on research tax break
Major tech companies lobbying to salvage a tax deduction for research and development say they might pull back from high-profile pledges of new U.S. investments if Congress doesn’t fully reinstate the break.
First American pope in history of Catholic Church will take name Leo XIV
Cheers erupted in the Vatican’s St. Peter’s Square on Thursday as cardinals announced with a billow of white smoke and the clamor of church bells that a successor to Pope Francis had been named.
Trump drug price idea could cost industry $1 trillion, lobbying group says
The idea, floated by the White House as a way to help pay for the president’s tax cut plan, blindsided the pharmaceutical industry and has prompted a furious lobbying campaign.
Trump administration offers to pay $1,000 to migrants who ‘self-deport’
U.S. Immigration and Customs Enforcement said that even with the cost of the stipend, a “self-deportation” would decrease the cost of a deportation by about 70 percent.
Washington to host 2027 NFL Draft, likely on National Mall
An estimated 600,000 fans attended last month’s three-day draft in Green Bay, Wisconsin. Indianapolis is among the cities hoping to host the draft in upcoming years.
A rising star was accused of cookbook plagiarism. But can you own a recipe?
The case is the latest copyright allegation in the food industry, where chefs and influencers tread a delicate line.
Supreme Court seems open to allowing religious public schools
Supporters say denying full public funding to religious public charter schools amounts to anti-religious discrimination since states allow full taxpayer funding to other types of charter schools.
Trump eases tariffs on imported auto parts through executive order
U.S. automakers had said the auto levies as previously announced would raise production costs and hit their profits. The auto industry is one of the biggest drivers of manufacturing jobs in the U.S. economy.
Public Broadcasting sues Trump after attempted board firings
Since taking office for his second term, Trump has targeted National Public Radio and the Public Broadcasting Service, two broadcasters that receive a portion of their funding from the Corporation for Public Broadcasting, as appropriated by Congress.
While tariffs roil Wall Street, individual investors stay in stocks
The tariff-induced extremes that have gripped Wall Street have been mirrored by a surprising fortitude among everyday people invested in the stock market, financial advisers and analysts say.
Indiana lieutenant governor calls Three-Fifths Compromise ‘a great move’
Indiana Lt. Gov. Micah Beckwith is facing backlash from some of the state’s religious and civil rights leaders for his comments on the Three-Fifths Compromise, which counted each Black enslaved person as three-fifths of a human being for the purposes of taxation and representation.
Sportsbooks ‘cringe’ at NFL Draft—but take bets anyway
The NFL draft is the marquee event of the league’s offseason—and a nightmare for some sportsbooks.
Trump says he has ‘no intention’ of firing Federal Reserve chief
The remarks marked a notable shift in tone from just a day earlier, when President Trump referred to Federal Reserve Chair Jerome H. Powell as a “major loser” on his social media platform, Truth Social.
Report: Americans spent $71B on GLP-1 drugs in 2023
By 2023, semaglutide (Ozempic, Rybelsus and Wegovy) and tirzepatide (Mounjaro) products made up 70% of all U.S. GLP-1 spending.
Former IU football coach Corso to retire after 38 years on ESPN’s ‘College GameDay’
Lee Corso, 89, has been a mainstay on ESPN’s Saturday college football preview show since its inception in 1987.
Trump blasts Fed chair Powell and looks forward to his ‘termination’
The message, posted early Thursday, came one day after Fed Chair Jerome Powell warned that the administration’s trade war was “highly likely” to spur a temporary rise in inflation.
Trump orders new efforts to lower drug prices
Trump’s order contains proposals to further lower the cost of insulin, importing more low-cost drugs and streamlining the federal approval process for some drugs.
Zuckerberg tells court Meta faces broader competition than FTC says
In federal court Monday, Meta CEO Mark Zuckerberg rejected the Federal Trade Commission’s claim that the social media giant maintains a monopoly.
Manufacturers struggle with uncertainty amid tariff chaos
The fallout has been most pronounced for companies that buy or sell from China, but even those that do business with other countries say international buyers are treading carefully.