Senate takes a crucial step toward extending Trump tax cuts
The framework now moves to the House, which must pass it before lawmakers can start working on the bill itself.
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Lawsuit accuses DraftKings, FanDuel of driving ‘compulsive gambling’
The city of Baltimore accuses the sports betting companies of violating state and city law by engaging in “unfair and deceptive practices.”
Removal of tax loophole may make Shein, Temu orders more expensive
President Donald Trump on Thursday revoked a nearly century-old tax loophole that saved companies from paying tens of billions of dollars in fees on cheap imports, most of which come from China.
UPDATE: Stocks see worst day in five years after tariffs announcement
Wall Street underwent a level of shock Thursday unseen since COVID-19’s outbreak tore through financial markets worldwide.
Another buyout offer hits inboxes of some federal workers
The deal, extended across at least five agencies in recent days, resurrects an option to resign now and be paid through September.
Trump administration freezes millions in funding for Planned Parenthood affiliates
Planned Parenthood said nine of its affiliates, including the one that covers Indiana, received notice that the administration would withhold funding from Title X, the nationwide family-planning program.
Dollar Tree selling Family Dollar to private equity firms for $1B
The acquisition price marks a massive discount compared with how much Dollar Tree Inc. paid to buy Family Dollar in 2015 after a bidding war with rival Dollar General.
NBA champ Celtics sold for record $6.1B to group led by private equity mogul
The Celtics are seeking to become the NBA’s first back-to-back champions since the Golden State Warriors in 2017 and 2018.
Trump administration plans 25% staff cut at IRS taxpayer help office
The Taxpayer Advocate Service is part of the IRS but operates independently as its internal watchdog. It identifies major problems facing taxpayers, recommends fixes and assists people with individual problems.
FBI offers tips to protect Gmail, Outlook from malicious Medusa ransomware
Attacks using a type of ransomware called Medusa have grabbed headlines and crippled organizations in critical industries. Now, the FBI is asking companies and individuals to take extra steps to protect important accounts.
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.
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.