U.S. consumer confidence slumps to lowest level in 16 months
Persistent inflation and rising interest rates have Americans as pessimistic as they’ve been about the future in almost a decade.
Associated Press
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Supreme Court’s abortion ruling sets off new court fights
The fall of Roe v. Wade shifted the battleground over abortion to courthouses around the country Monday, as abortion foes looked to quickly enact statewide bans and the other side sought to buy more time.
Airlines aim to shift blame for ongoing flight problems to FAA
Criticism of the government agency could serve as a pre-emptive defense in case airlines again suffer thousands of canceled and delayed flights over the holiday weekend.
Pfizer says tweaked COVID-19 shots boost omicron protection
The FDA is considering ordering a recipe change for the vaccines made by both Pfizer and rival Moderna in hopes that modified boosters could better protect against another COVID surge expected this fall and winter.
Pilots in line for big raises amid global travel disruptions
The largest pilots union has approved a contract that would boost the pay of pilots at United Airlines by more than 14% over the next 18 months, potentially clearing the way for similar wage hikes throughout the industry.
Abortion ruling thrusts some companies into divisive arena
The Supreme Court ruling comes at a time when companies have become increasingly reliant on women to fill jobs, and especially as they face a nationwide labor shortage.
Indiana political leaders react to Supreme Court abortion ruling
Opinions poured in Friday following the Supreme Court’s decision to overturn Roe v. Wade.
Supreme Court overturns Roe v. Wade; states can ban abortion
The Supreme Court has ended constitutional protections for abortion that had been in place nearly 50 years in a decision by its conservative majority. Friday’s outcome is expected to lead to abortion bans in roughly half the states.
Senate makes key breakthrough on gun laws, advancing new restrictions
The legislation would toughen background checks for the youngest gun buyers, keep firearms from more domestic violence offenders and help states put in place red flag laws that make it easier for authorities to take weapons from people adjudged dangerous.
NCAA Title IX report shows stark gap in funding for women
Men’s programs received more than double that of women’s programs in allocated resources in 2020–and that gap was even more pronounced when looking at home of the most profitable revenue-generating sports.
Settlement would forgive $6B for defrauded college students
Almost all the schools involved are for-profit colleges. The list includes ITT Technical Institute, which was headquartered in Carmel and shut down in 2016.
COVID-19 vaccines saved 20M lives in 1st year, scientists say
The researchers used data from 185 countries to estimate that vaccines prevented 4.2 million COVID-19 deaths in India, 1.9 million in the United States, 1 million in Brazil, 631,000 in France and 507,000 in the United Kingdom.
Pacers draft Arizona’s Mathurin at No. 6; Purdue’s Ivey picked at No. 5
Bennedict Mathurin, a 6-foot-6 shooting guard/small forward, averaged 17.7 points. 5.6 rebounds and 2.5 assists last season, when he was named the Pac-12 Player of the Year.
All big U.S. banks pass Fed’s annual ‘stress tests’
The tests vary from year to year, but generally involve the Fed testing to see how steep the losses in the banking industry would be if unemployment were to skyrocket and economic activity were to severely contract.
Yelp closing three U.S. offices, says remote work is its future
The offices the company is closing in three major cities were its most “consistently underutilized,” with only about 2% of workspaces in use each week.
Judge approves $1B-plus deal in deadly Florida condo collapse
The decision by Miami-Dade Circuit Judge Michael Hanzman came a day before the one-year anniversary of the Champlain Towers South disaster in the Miami suburb of Surfside. The collapse killed 98 people, one of the deadliest building failures in U.S. history.
FDA bans Juul e-cigarettes tied to teen vaping surge
The action is part of a sweeping effort by the Food and Drug Administration to bring scientific scrutiny to the multibillion-dollar vaping industry after years of regulatory delays.
Harley, Westinghouse ordered to fix warranties
Federal regulators have accused Harley-Davidson and Westinghouse of imposing illegal warranty terms on customers. The director of the FTC’s consumer protection bureau said “other companies that squelch consumers’ right to repair should take notice.”
Amazon’s Alexa could soon mimic voice of dead relatives
The capability, unveiled at Amazon’s Re:Mars conference in Las Vegas, is in development and would allow the virtual assistant to mimic the voice of a specific person based on a less than a minute of provided recording.
Biden administration moves to expand Title IX protections
The Biden administration proposed a dramatic overhaul of campus sexual assault rules on Thursday, acting to expand protections for LGBTQ students, bolster the rights of victims and widen colleges’ responsibilities in addressing sexual misconduct.