Fewest Americans collecting unemployment aid since 1970
A winter spike in coronavirus infections briefly tripped up the country’s rebound from 2020′s virus-caused recession, but employers appear confident in long-term growth and are eager to hire.
Associated Press
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Shares dive, oil soars after Russian action in Ukraine
Market benchmarks in Europe and Asia fell by more than 4% as traders tried to figure out how large Russia’s incursion would be and the scale of Western retaliation. Wall Street futures sank, indicating that U.S. shares were likely to retreat after trading opens.
F1 speculation swirls as Herta heads into IndyCar opener
The spotlight is on Colton Herta, a 21-year-old on the eve of a new IndyCar season who many think could be the next great American F1 driver.
Prospects for Indiana tax cuts boosted by governor’s support
Indiana Gov. Eric Holcomb said Wednesday he now believes the state’s individual income tax rate could be cut while maintaining enough state revenue for additional spending needs in the next state budget to be adopted in 2023.
Holcomb signals some support for contentious education bills
Indiana Gov. Eric Holcomb told reporters that he was waiting to see the final versions of bills that would ban transgender girls from participating in K-12 girls school sports and place restrictions on teaching about racism and political issues.
A 10% drop for stocks can be scary for investors, but it’s not that rare
The worries rocking Wall Street about interest rates, inflation and now Ukraine have sent the S&P 500 index—the most widely followed measure of the U.S. stock market—tumbling more than 10% from its record.
COVID-19 shots unlikely to prompt rare inflammation in children
First reported in the United Kingdom in early 2020, the condition is sometimes mistaken for Kawasaki disease, which can cause swelling and heart problems. Since February 2020, more than 6,800 cases have been reported in the U.S., according to the CDC.
Indiana transgender athlete bill on fast track to governor
If the full Senate approves the bill, which could happen as soon as Thursday, it would head to the governor for consideration. The Indiana House already passed it.
IndyCar set to open season with bright new stars, big expectations
The stars of IndyCar crowded into Indianapolis Motor Speedway on Tuesday to celebrate an upcoming season of opportunity for America’s open-wheel racing series to further cement its legitimacy and expand its popularity.
Indiana Senate panel backs bill without big tax-cut proposal
The Senate’s tax committee voted 12-1 to advance the bill to the full Senate, where Republican leaders have cited uncertainty about the economy in resisting tax cuts despite recent big growth in state tax collections.
American women players settle suit vs. U.S. Soccer for $24M
U.S. women soccer players reached a landmark agreement with the sport’s American governing body to end a six-year legal battle over equal pay, a deal in which they are promised $24 million, plus bonuses that match those of the men.
High court takes case involving refusal to serve gay couples
The high court said Tuesday it would hear the case of a web designer who says her religious beliefs would lead her to decline any request from a same-sex couple to design a wedding website.
Standard General acquiring WTHR parent in $5.4B cash deal
New York City-based investment firm Standard General plans to take television station owner Tegna private in the deal, which has an enterprise value of about $8.6 billion, including the assumption of debt.
NFL scouting combine loosens virus rules after blowback
Players attending the NFL’s scouting combine in Indianapolis next week won’t have to stay in a “bubble” as originally ordered after organizers loosened regulations Monday night after getting blowback for strict COVID-19 rules issued over the weekend.
Michigan’s Howard suspended 5 games for Wisconsin altercation
University of Michigan men’s basketball coach Juwan Howard also was fined $40,000 for hitting a Wisconsin assistant in the head, triggering a postgame skirmish.
U.S. virus cases, hospitalizations continue steady decline
In Indiana, hospitalizations for COVID-19 fell to 1,093 on Sunday, down 69% from a pandemic high of 3,519 on Jan. 13.
Indiana lawmakers advance stripped-down college aid application bill
A bill that seeks to increase the number of Indiana students who complete the federal college financial aid application advanced to the Indiana House on Monday, but only after lawmakers removed an significant mandate from the measure.
Federal Reserve governor opens door to half-point rate hike in March
Federal Reserve Governor Michelle Bowman said Monday that she was open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
World shares mixed as investors eye Ukraine, inflation
The concern that Russian troops could descend on the Ukrainian capital, Kyiv, a city of about 3 million people less than a three-hour drive away, has added to uncertainties for investors already jittery over central bank strategies to combat inflation.
Michigan hoops coach Howard hits Wisconsin assistant after loss
Juwan Howard struck Wisconsin assistant Joe Krabbenhoft after jawing with Wisconsin coach Greg Gard during the handshake line. The Big Ten said it planned to “take swift and appropriate disciplinary action when it completes its review.”