Fed officials now expect to raise short-term interest rates three times this year, a sharp shift from September, when they were divided over doing it even once. Economists increasingly expect them to raise rates at least four times in 2022.
The move is a reaction to the severe hospital staffing shortages and crushing caseloads that the omicron variant is causing.
Under the new policy, first detailed to the AP, Americans will be able to either purchase home testing kits for free under their insurance or submit receipts for the tests for reimbursement, up to the monthly per-person limit.
Stetson Bennett threw two touchdown passes to lead Georgia to a 33-18 win over Alabama on Monday night for its first national championship in 41 years.
A controversial Indiana bill that Republican lawmakers contend would increase transparency around school curricula has drawn opposition from dozens of teachers who testified Monday at the Statehouse that the legislation would censor classroom instruction.
On Wednesday, the government is expected to report that consumer prices jumped 7.1% over the past 12 months, which would be the steepest such increase in decades.
U.S. health secretary Xavier Becerra on Monday ordered Medicare to reassess a big premium increase facing millions of seniors this year, attributed in large part to a pricey new Alzheimer’s drug with questionable benefits.
As the raging omicron variant of COVID-19 infects workers across the nation, millions of those whose jobs don’t provide paid sick days are having to choose between their health and their paycheck.
The Colts badly botched a chance to secure an AFC wild-card spot by losing at Jacksonville 26-11 Sunday and then the Pittsburgh Steelers won in overtime to shut Indianapolis out of the playoffs.
Several people and companies linked with two now-closed Indiana online charter schools have asked a judge to dismiss claims against them in a lawsuit alleging a fraud scheme that cost the state more than $150 million.
The arguments in the two cases come at a time of spiking coronavirus cases because of the omicron variant, and the decision Friday by seven justices to wear masks for the first time while hearing arguments reflected the new phase of the pandemic.
A big jump in Indiana county jail overcrowding has state lawmakers looking to partially roll back a nearly decade-old criminal sentencing overhaul.
Arriving for the national football championship, players scurried from their planes to buses Friday as bands serenaded them and temperatures hovered in the teens.
Wages also rose sharply, a sign that companies are competing fiercely to fill their open jobs. A record-high wave of quitting, as many workers seek better jobs, is also fueling pay raises.
University of Georgia Coach Kirby Smart and his mentor, Alabama Coach Nick Saban, have assembled the most star-studded teams—recruiting stars, that is—in recent college football history.
The justices are scheduled to hear arguments Friday about whether to allow the Biden administration to enforce a vaccine-or-testing requirement that applies to large employers and a separate vaccine mandate for most health care workers.
Economists estimated that employers added 400,000 jobs last month, according to a survey by data provider FactSet. That would mark an increase from 210,000 in November.
Indiana Gov. Eric Holcomb is moving forward with his bid to have the Indiana Supreme Court overturn a law allowing the Legislature to call itself into special session, arguing in a new filing that the law is akin to a constitutional amendment that must be voted on by Hoosiers.
Indiana lawmakers on Wednesday began debate on a Republican-backed bill that would require all school curricula to be posted online for parental review and ban schools’ ability to implement concepts like critical race theory.
A House committee is set to vote Thursday on a bill that includes administrative actions sought by Holcomb, along with provisions that would force businesses to grant broad exemptions to any workplace COVID-19 vaccination requirements.
