House Republicans pass Trump’s big bill after all-night session
Central to the package is the GOP’s commitment to extending some $4.5 trillion in tax breaks, as well as spending cuts and work requirements for Medicaid and nutrition assistance.
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Bitcoin hits new price highs as crypto industry scores wins
Bitcoin’s price increase comes after the crypto industry scored a major win with the U.S. Senate advancing legislation that creates a federal framework to regulate the stablecoins.
Senate advances legislation to regulate stablecoins, a form of cryptocurrency
The bill would aim to create a federal framework to regulate the stablecoin industry, which is currently governed by a patchwork of existing federal and state laws.
Trump’s big bill advances in rare Sunday vote as House conservatives negotiate changes
Republicans advanced their massive tax cut and border security package out of a key House committee as deficit hawks who had blocked the measure two days earlier allowed it to move forward.
Biden diagnosed with ‘more aggressive’ form of prostate cancer
Biden was seen last week by doctors after urinary symptoms and a prostate nodule was found.
Conservatives block Trump’s big tax breaks and spending cuts bill in stunning setback
Hard-right lawmakers are insisting on steeper spending cuts to Medicaid and the Biden-era green energy tax breaks, among other changes, before they will give their support.
Funding for workforce training, manufacturing readiness and flight incentives in limbo after state budget cuts
Business leaders are encouraging state commerce officials to retain the programs that have led to what they say has been a “strong ROI” in the past.
Potential US semiconductor manufacturing boom complicated by Trump’s economic policies
Before “America First” became the Trump administration’s mandate for foreign policy and trade, one sector was already working to bring business back to the United States: the semiconductor industry.
Divisions emerge among House Republicans over how much to cut taxes, Medicaid in Trump’s bill
Republicans are racing to extend Trump’s tax breaks, which are set to expire later this year, while adding the new ones he campaigned on in 2024, including no taxes on tips, Social Security benefits and others.
EPA plans to weaken rule curbing forever chemicals in drinking water
EPA Administrator Lee Zeldin said the changes will “protect Americans from PFOA and PFOS in their drinking water” while providing “common-sense flexibility in the form of additional time for compliance.”
State hires firm specializing in ‘crisis and transformation’ to audit IEDC
Gov. Mike Braun announced the audit last month, citing potential “impropriety” at the IEDC. He also announced a freeze of all state funds associated with Elevate Ventures.
As Indiana manufacturing grows, ‘we clearly don’t have enough electricity,’ Braun warns
Gov. Mike Braun warned that Indiana needs swift solutions for its bevy of water and energy “challenges” to support the state’s expanding manufacturing sector.
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.
Businesses that rely on Chinese imports express relief, anxiety over tariff pause
The news about the agreement between the United States and China sent the stock market and the value of the dollar soaring.
House GOP reveals Trump’s tax breaks for tips, overtime and car loans
Overall, the package is touching off the biggest political debate over taxes, spending and the nation’s priorities in nearly a decade.
Trump signs order setting 30-day deadline for drugmakers to lower prescription drug costs
The sweeping executive order sets a deadline for drugmakers to lower the cost of prescription drugs in the United States or face new limits over what the government will pay.
Trump promises to order that United States pay same price other nations do for some drugs
The proposal, expected to be announced by President Trump on Monday, will face fierce opposition from the pharmaceutical industry.
Indiana Historical Society to keep its building, land after agreement with governor’s office
The deal follows concerns raised during the 2025 legislative session over proposed budget language that could have stripped the nonprofit of its biggest asset.
Hoosier business executives say to voice tariff concerns, find alternative trade pathways
Representatives from Eli Lilly, Cook Medical and other Hoosier businesses gave advice about tariffs during the Indiana District Export Council’s annual trade and business conference Thursday at Newfields.
U.S. Sen. Todd Young partners on bipartisan bill to jumpstart domestic shipbuilding industry
Young, R-Indiana, and fellow Sen. Mark Kelly, D-Arizona, reintroduced legislation to jumpstart the country’s “rusted” shipbuilding industry and increase onshore ship production that has largely shifted to China.