The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by a half-percentage point Wednesday—its most aggressive move since 2000—and signaling further large rate hikes to come.
Under the terms of a settlement signed by the attorneys general of all 50 states, Intuit Inc. will suspend TurboTax’s “free, free, free” ad campaign and pay restitution to nearly 4.4 million taxpayers.
The roughly two dozen so-called liberty candidates did see some victories in Republican legislative races across the state, with one defeating a 10-term incumbent in northern Indiana and another winning the nomination for a GOP-leaning open seat in suburban Indianapolis.
Vance’s win brings to a close an exceptionally bitter and expensive primary contest that, at one point, saw two candidates nearly come to blows on a debate stage. And it marks a major victory for Donald Trump, who gave late support to Vance.
Former state Sen. Erin Houchin emerged Tuesday from a nine-candidate Republican field for the 9th Congressional District seat that opened up when current GOP Rep. Trey Hollingsworth unexpectedly announced in January he wouldn’t seek reelection after three terms.
Employers posted 11.5 million job openings in March, more evidence of a tight labor market that has emboldened millions of American workers to seek better paying jobs and contributed to the biggest surge in inflation in four decades.
The draft opinion in effect states there is no constitutional right to abortion services and would allow individual states to more heavily regulate or outright ban the procedure.
U.S. Energy Secretary Jennifer Granholm said the new program will offer grants to companies that process or recycle battery components to increase domestic supplies of a market now dominated by China and other countries.
After working remotely in sweats and yoga pants for two years, many Americans are rethinking their wardrobes to balance comfort and professionalism as offices reopen.
In a new policy announced Monday, the American Academy of Pediatrics said it is putting all its guidance under the microscope to eliminate “race-based” medicine and resulting health disparities.
Under the new Census Bureau criteria, more than 1,300 small cities, towns and villages designated urban a decade ago would be considered rural. That matters because urban and rural areas qualify for different types of federal funding.
While it’s unclear if the challengers can defeat incumbents backed by Republican leaders’ multimillion-dollar campaign fund, they say they are tapping into a deep resentment among voters—and even winning a few seats could nudge the Legislature further to the right.
Yet, there were signs in Friday’s report from the Commerce Department that inflation might be slowing from its galloping pace and perhaps nearing a peak, at least for now.
Citing growing worries about high gasoline prices, Democratic leaders announced an effort Thursday to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging.
Amazon prospered during the COVID-19 pandemic as homebound people eager to limit human contact turned online to purchase what they need. But growth has slowed as vaccinated Americans feel more comfortable going out.
White House press secretary Jen Psaki said Thursday that President Joe Biden was still considering whether to tie debt relief to borrowers’ income levels, an idea he’s floated in the past. She said it’s “certainly something he would be looking at.”
The GAO report, issued Thursday, found that while 70% of taxpayers were eligible for the Internal Revenue Service’s free-filing program, only 3% of taxpayers actually use the service.
The Food and Drug Administration said eliminating menthol cigarettes could prevent between 300,000 and 650,000 smoking deaths over 40 years.
The Indianapolis-based organization has signed on to use technology that will give athletes and members an additional method to anonymously report sexual abuse and other forms of misconduct.
Treasury Secretary Janet Yellen said Thursday in an address at the Brookings Institution that countries need to build in “recession remedies” to protect people in the U.S. and globally going forward.
