More Americans are millionaires, but they don’t feel rich
For American millionaires, the truth of the achievement is less about cash and more about amassing assets that bump up their overall net worth.
The Washington Post
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Judge dismisses Trump’s $10B lawsuit against Wall Street Journal over Epstein drawing
U.S. District Judge Darrin P. Gayles found that the president — who sued in his personal capacity — had not met the burden of showing that the newspaper acted with actual malice, a legal standard established in the landmark New York Times v. Sullivan case in 1964.
March jobs report blows past expectations
The report showed signs that employers had begun to regain confidence in stable business conditions following the volatile policy swings of the first year of the second Trump administration.
Employees could use 401(k)s to invest in crypto, private equity under Trump plan
The plan is a victory for Wall Street, which has lobbied for wider access to such products.
Billionaires following Musk’s lead to make human labor obsolete
At least three different firms have made new forays into advanced robotics this month — including Amazon and Nvidia.
Verdicts against Meta, YouTube reshape legal protections for Big Tech
There are thousands more cases waiting to be heard, with young internet users, parents, school districts and state attorneys general all seeking compensation and changes to how social media services operate.
Trump threatens to deploy ICE to airports as TSA shortages drive delays
Trump called on congressional Democrats to agree to a funding deal that would include pay for TSA agents, but Democrats want the GOP to agree to new restrictions on immigration enforcement.
FCC green lights merger of TV station rivals; local station will be divested
As part of the merger, Nexstar is expected to divest six TV stations, including one in Indianapolis.
Are boomers the real iPad babies?
Research shows social media use is growing among people 65 and older — and some of their children and grandchildren are worried they’re slipping quietly into screen addiction.
Those seeking to sue ICE for injuries or damage face uphill battle
Scores of claims arising from the crackdown on illegal immigration are winding through a bureaucratic process mandated under the Federal Tort Claims Act.
Researchers predict jobs that are most threatened by AI and who might be able to adapt
History shows that economists and researchers have been terrible at predicting the effects of new technologies on work and workers, so take forecasts seriously but not literally.
Trump administration allows for Russian oil sales as energy prices soar
The move is an effort to calm markets and stem the economic fallout from the war on Iran, which has sent crude prices spiraling upward.
CEO pay to be clawed back when banks fail under new U.S. Senate plan
The bill comes three years after the collapse of Silicon Valley Bank, whose 2023 failure sparked calls for tougher punishments for executives at failed institutions.
Lasting surge in diesel prices would batter nation’s truckers, farmers
High diesel prices could have wide implications for the economy. Along with trucking, diesel powers the nation’s rail carriers, farm tractors, harvesters and combines.
For-profit colleges, once accused of duping students, hope to rebound under Trump
In January, the Education Department said new accountability rules will treat for-profit, nonprofit and public colleges equally.
Consumer advocates, Democrats denounce Live Nation deal as inadequate
More than half of the nearly 40 states that had signed on to the Justice Department’s landmark litigation voiced serious concerns over the deal.
Oil prices ease and Trump says war will ‘be ended soon’
Oil prices rebounded from nearly $120 per barrel, their highest since 2022, back below $90 on Monday.
Unemployment rate ticks up after labor market loses 92K jobs
Health care, which has been buoying the labor market for months, lost 28,000 positions in February, reflecting major strikes in California and New York. The information sector, which includes tech and media, shed 11,000 positions.
Med schools vow nutrition education changes amid push from RFK Jr.
More than 50 medical schools — including the Indiana University School of Medicine — are set to pledge Thursday to boost their nutrition education.
Trump concedes Iran war may push up oil prices for Americans
The conflict — the largest U.S. military action since the invasion of Iraq in 2003 — is pushing oil prices higher and weighing down the stock market.