Michigan creates extra marijuana tax to fund governor’s plan to ‘fix the damn roads’
The Michigan Senate Fiscal Agency predicted a 14.4% decline in marijuana sales because of the tax.
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Trump administration says back pay not certain for federal workers in shutdown
The move by the Republican administration was widely seen as a strong-arm tactic—a way to pressure lawmakers to reopen the government, now in the seventh day of a shutdown.
Gold futures rise above $4,000 per ounce for first time
Gold futures are up about 50% since the start of 2025—trading as high as $4,013 per troy ounce by late morning Tuesday, before falling back just below $4,000 in the early afternoon.
Trump open to extending or changing US-Mexico-Canada trade deal
Canadian Prime Minister Mark Carney met with President Trump at the White House on Tuesday to discuss tariffs.
Bob Ross paintings to be auctioned to support public TV stations after federal funding cuts
Seasons 2 through 31 of the Ross’ beloved show, “The Joy of Painting,” were filmed and produced at WIPB-TV studios in Muncie, Indiana.
Government shutdown threatens to stall recovery in IPO market
The IPO market is on track for its best year since 2021, according to Renaissance Capital.
NASCAR teams urge settlement as trial looms for Michael Jordan’s antitrust suit against series
Teams have gone on record calling for both a settlement and the protection of the charter system that is at the heart of NASCAR’s business model and the focal point of the court fight.
Google’s Play Store shakeup looms after Supreme Court refuses to delay overhaul of monopoly
The rebuff delivered in a one-sentence decision by the Supreme Court means Google will soon have to start an overhaul of its Play Store for the apps running on the Android software.
Republicans, Democrats at impasse as government shutdown enters 6th day
The House is not expected to be in session this week, focusing attention on the Senate to take the lead on any deal in the Republican-led Congress.
Fifth Third Bancorp to buy Comerica for $10.9B in combination of big regional banks
Cincinnati-based Fifth Third is one of the largest banks doing business in the Indianapolis area, with more than $7.2 billion in local deposits, 44 area branches and 348 employees as of June 30, 2024.
Trump plans aid package for soybean farmers while seeking trade deal with China
U.S. farmers are worried that time is quickly running out to reach a deal in time to sell any of this year’s crop to their biggest customer.
Lawsuit seeks to stop Trump’s $100,000 fee for H-1B visas
The lawsuit, filed in U.S. District Court in San Francisco, said the H-1B program is a critical pathway to hiring health care workers and educators.
Government funding vote fails again in Senate as hopes fade for quick end to shutdown
On the third day of the shutdown, another Senate vote to advance a Republican bill that would reopen the government failed on a 54-44 tally—well short of the 60 needed to end a filibuster and pass the legislation.
WNBA chief Cathy Engelbert vows to repair player relationships, doesn’t plan to quit
In wide-ranging comments, Engelbert said WNBA officiating will be reviewed this offseason by a new “state of the game” committee.
Hopes fade for quick end to shutdown as Trump readies layoffs and cuts
Although Republicans control the White House and both chambers of Congress, the Senate’s filibuster rules make it necessary for the government funding legislation to gain support from at least 60 of the 100 senators.
Senate rejects plans to extend funding; Congress skips votes on holiday
The federal government remained shut down Thursday amid an ongoing partisan divide over funding laws with no immediate end in sight.
OpenAI now worth $500B, possibly making it the world’s most valuable startup
The valuation reflects high expectations for the future of AI technology and continues OpenAI’s remarkable trajectory from its start as a nonprofit research lab in 2015.
Gatorade, Cheetos among Pepsi products getting natural dye makeover
The process of switching from artificial to natural dyes in well-known food and drink products can take years of research and testing.
Tesla reports surprise increase in car sales in third quarter
The electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30.
Federal shutdown cuts off economic data vital to policymakers and investors
If the shutdown is short-lived, it won’t be very disruptive. But if the release of economic data is delayed for several weeks or longer, it could pose challenges, particularly for the Federal Reserve.