Biden signs order on cryptocurrency as its use explodes
Biden’s top economic and national security adviser said the order establishes the first comprehensive federal digital assets strategy for the United States.
Associated Press
Articles
Biden’s inflation plan upends thinking on jobs sent overseas
Critics see this new Biden effort as largely an attempt at political damage control, rather than a data-driven approach to reducing inflation.
McDonald’s, Starbucks, Coke, Pepsi join exodus out of Russia
The global brands all announced Tuesday they were temporarily suspending their business in Russia in response to the country’s invasion of Ukraine.
State legislators approve repealing gun permit requirement
The bill’s provisions would allow anyone age 18 or older to carry a handgun in public except for reasons such as having a felony conviction, facing a restraining order from a court or having a dangerous mental illness.
Focus of Big Ten Tournament: Howard’s return, Davis’ health
Likely of more interest to local fans is whether Indiana University can play its way into an NCAA tournament bid after losing seven of its last nine games or whether Purdue can earn a favorable seed in the postseason.
Congress passes bill to shore up Postal Service, delivery
Congress mustered rare bipartisan support for the Postal Service package, dropping some of the more controversial proposals to settle on core ways to save the service and ensure its future operations.
Indiana lawmakers near deal on multiyear income tax cut
The tax cut package was a major remaining issue as the Republican-dominated Legislature looked to possibly finish this year’s session on Tuesday.
Fever trade McCowan to Wings, giving team four first-round WNBA picks
The Fever got the fourth and sixth overall picks from the Wings in the deal announced Tuesday. Indiana already had the Nos. 2 and 10 picks, and would be the first WNBA team to make four first-round picks in the same draft if it keeps and uses all of them.
U.S. banning Russian oil imports as Biden warns of ‘costs’
The average price for a gallon of gasoline in the U.S. hit a record $4.17 Tuesday, rising by 10 cents in one day, and up 55 cents since last week, according to auto club AAA.
Ganassi, PNC Bank launch Women in Motorsports campaign
Women in Motorsports will feature both a video content series showcasing female industry leaders and an internship program designed to create opportunities in motorsports for women.
Biden executive order on cryptocurrency expected this week
President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded.
Public transit systems getting $3.7B, with $51M heading to IndyGo
Agencies are expected to use the money to prop up day-to-day operations, including staffing and payroll as well as cleaning and sanitization to limit the spread of illness in public transportation.
U.S. gasoline prices rise again on talk of banning Russian oil
Oil prices soared early Monday before retreating. Benchmark U.S. crude surged to $130 a barrel overnight, then moderated to around $119, a 3% gain, in afternoon trading. The international price skyrocketed to $139 before falling back to about $123 a barrel.
Colts establish coaching fellowship in Tony Dungy’s honor
The program in honor of the Pro Football Hall of Fame coach will provide the team with access to talented coaches while fostering and expanding the team’s diversity, equity and inclusion initiatives.
Longtime Colts tight end Jack Doyle announces retirement
A graduate of Indianapolis Cathedral High School and a former ball boy for the Indiana Pacers, Doyle played all 131 games of his nine-year career with his hometown football team.
Indiana lawmakers discuss ‘trigger’ for income tax cuts
The leader of the tax-writing House Ways and Means Committee said Monday that talks with senators included possibly linking tax rate cuts to whether state tax collections remain strong.
EPA rule would make heavy trucks cut smog, soot pollution
The proposal released Monday by the Environmental Protection Agency would require the industry to cut nitrogen oxide emissions by up to 90% per truck over current standards by 2031.
Wall Street tumbles after oil prices touch $130 per barrel
Markets worldwide have swung wildly recently on worries about how high prices for oil, wheat and other commodities produced in the region will go because of Russia’s invasion, inflaming the world’s already high inflation.
Kohl’s to open 100 small-format stores, expand Sephora shops
As part of its plans to spearhead sales growth, Kohl’s said it forecasts its Sephora business to become a $2 billion juggernaut.
Oil up $10 per barrel as Russia’s invasion of Ukraine deepens
The surge followed a warning from Russian President Vladimir Putin that Ukrainian statehood was imperiled as Russian forces battered strategic locations.