US economy grew 3.2% in Q3, an upgrade from earlier estimate
The rise in gross domestic product—the economy’s output in goods and services—marked a return to growth after consecutive drops in the January-March and April-June periods.
Associated Press
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Holiday procrastinators are back in force. Blame inflation.
This year, supply chain snags have eased and shoppers aren’t as worried about availability as they are about higher prices on everything from rent to food, causing them to postpone their buying until the last minute.
NIL casts cloud over college football’s early signing period
This was second signing class since the NCAA lifted a ban on college athletes being able to earn money for the use of their names, images and likenesses.
Greenwood mall gunman had fascination with Nazis, mass shootings, police say
Although the three slain victims were Hispanic, there was no indication the shooting was racially motivated, according to Greenwood Police Chief James Ison during a press conference on Wednesday.
Indiana gasoline tax dropping 3 cents per gallon in January
A total of 52.9 cents per gallon in state taxes will be charged during January under rate changes released Tuesday by the Indiana Department of Revenue.
Trump tax audits required by IRS were delayed, panel says
A report released by the Democratic majority on the House Ways and Means Committee indicated the Trump administration may have disregarded an IRS requirement dating back to 1977 that mandates audits of a president’s tax filings.
U.S. consumer confidence rebounds in December
This month’s number reflected a sharp rebound, pushing the consumer confidence index to its highest level since April.
Storm adds uncertainty to strong holiday travel demand
Forecasters predict an onslaught of heavy snow, ice, flooding and even tornadoes from Thursday to Saturday in a broad swath of the country, from the Plains and Midwest to the East Coast.
Spurred by regulators, 3M to phase out ‘forever chemicals’
Tuesday’s announcement comes as 3M is facing an onslaught of lawsuits from states and individuals who are claiming contamination from PFAS harmed their health.
Police, FBI plan update on deadly Greenwood mall shooting
FBI spokeswoman Chris Bavender said the federal agency will provide an update on efforts to extract data from gunman Jonathan Douglas Sapirman’s cellphone and laptop.
Lawmakers unveil $1.7T bill to avoid shutdown, boost Ukraine
Lawmakers worked to stuff in as many priorities as they could into the sprawling package, likely the last major bill of the current Congress. They are racing to complete passage before a midnight Friday deadline or face the prospect of a partial government shutdown going into the Christmas holiday.
Wells Fargo to pay $3.7B over consumer law violations
It’s the largest fine to date against any bank by the Consumer Financial Protection Bureau and the largest fine against Wells, which has spent years trying to rehabilitate itself after a series of scandals tied to its sales practices.
Police seize on COVID-19 tech to expand global surveillance
The Associated Press has found that authorities around the world have used technologies and data used in the fight against COVID-19 to halt travel for activists and ordinary people, harass marginalized communities and link people’s health information to other surveillance and law enforcement tools.
FTX founder agrees to extradition to US, attorney says
Sam Bankman-Fried may be ready to come to the U.S. to face criminal charges related to the collapse of cryptocurrency exchange FTX following a chaotic court appearance in the Bahamas.
Jan. 6 committee refers Trump to Justice Department for prosecution
The panel has recommended that the former president be charged with four crimes: inciting or assisting an insurrection, obstruction of an official proceeding of Congress, conspiracy to defraud the United States and conspiracy to make a false statement.
UPDATE: Twitter poll closes, users vote in favor of Musk exit as CEO
More than half of 17.5 million users who responded to a poll that asked whether billionaire Elon Musk should step down as head of Twitter voted yes when the poll closed on Monday.
Crypto’s ties to sports raise ethical questions
The bankruptcy of FTX and the arrest of its former CEO are raising new questions about the role celebrity athletes such as Tom Brady and Steph Curry played in lending legitimacy to crypto.
Inflation dampens otherwise bright small biz holiday season
Small retailers say this year is still far from “normal” because decades-high inflation is forcing them to raise prices and making shoppers rein in the uninhibited spending seen in 2021 when they were flush with pandemic aid or gains from the stock market.
World’s coal use creeps to new high in 2022, agency says
The International Energy Agency said “robust demand” for coal in emerging Asian economies is offsetting declining use in mature markets.
Twitter suspends journalists who wrote about owner Elon Musk
Musk took to Twitter on Thursday night to accuse journalists of sharing private information about his whereabouts that he described as “basically assassination coordinates.”