Retailer Forever 21 plans liquidation sales after second bankruptcy
The retailer, which has minority ownership ties to Indianapolis-based Simon Property Group, has two stores in the Indianapolis area.
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Trump moves to gut several agencies focused on museums, libraries, Voice of America
One order signed Friday night calls for the agencies—some of which are focused on minority business enterprises, museum and library services, and homelessness prevention—to “be eliminated to the maximum extent consistent with applicable law.”
Computer programming ranks among hardest-hit occupations
More than a quarter of all computer programming jobs have vanished in the past two years, the worst downturn that industry has ever seen.
John Feinstein, author of ‘A Season on the Brink,’ about Bob Knight, dies at 69
When “A Season on the Brink” appeared in 1986, it was immediately recognized as a breakthrough in sports writing.
Steak n Shake looks for boost from beef tallow—and MAGA
Marketing researchers say Steak n Shake is the latest example of brands targeting increasingly polarized consumers across the country.
Education Department, with mass layoff, cuts nearly half of its staff
The staff reductions announced Tuesday were the largest in department history and of a magnitude rarely contemplated before this administration took office.
Automakers want to start banks, hoping to benefit from lighter-touch rules
In addition to the three U.S. carmakers, several other nonfinancial businesses are interested in seeking regulatory permission to launch their own banks.
US economy added 151K jobs in February amid warnings of weak springtime labor market
The data was collected the second week of February, when Elon Musk’s Department of Government Efficiency was beginning to cut agency workforces and federal contracts and grants were frozen or cut.
Theaters represented by ACLU sue NEA over ‘gender ideology’ policy
The lawsuit argues that the NEA’s policy violates the Constitution “by imposing a vague and viewpoint-based restriction on artists’ speech.”
Trump administration plans 15% cut to VA workforce
VA is among the largest employers of federal workers, with most employed operating its network of hospitals around the country, according to Pew Research Center.
Trump official floats new approach for measuring GDP, as economy shows signs of slowing
The Trump administration’s proposed shake-up comes when economists already have broader concerns about the quality of economic data.
Education Department softens controversial guidance on race and schools
A new question-and-answer document, posted online late Friday, clearly states that by law the federal government cannot dictate curriculum.
Mass firings hit National Weather Service and NOAA offices
The latest mass terminations follow the removal of thousands of probationary employees across the government as the new administration moves swiftly to shrink the federal workforce.
Federal board halts firings of six probationary employees amid Trump cuts
The move could have wider implications for the thousands of probationary employees fired in recent weeks as the Elon Musk-led U.S. DOGE Service sweeps through federal agencies.
Trump administration tells agencies they can ignore Musk order on email reply
On Monday afternoon, many federal agencies began issuing guidance that their employees did not need to reply to Elon Musk’s email—and asserting that no one would be considered as having resigned, despite what Musk said.
Joann plans to close all stores, cease business operations
Monday’s announcement comes less than two weeks after the retailer announced it would close more than two-thirds of its stores, including two in the Indianapolis area.
Apple announces $500B investment in U.S. over next four years
Apple said Monday that it plans to create 20,000 jobs and open a new manufacturing facility as part of the investment.
Weight-loss drugs aren’t just slimming waists. They’re shifting the economy.
Roughly 16 million people—that’s 6 percent of American adults—are taking GLP-1 weight-loss drugs, and that number is growing rapidly. Their collective purchasing power has the potential to profoundly reshape the economy.
HUD cuts expected to worsen America’s housing crisis, staffers say
HUD’s entire workforce is projected to drop by about half—from about 8,300 employees to just over 4,000—with deep cuts in field offices nationwide.
Americans are down on the economy, but CEOs are full of optimism
Consumers are jittery, in part because of fears that new tariffs could worsen inflation. Executives, however, are hopeful about fewer regulations and are planning to boost investments.