Congress repeals Trump-era regulations on payday lenders
Congress on Thursday overturned a set of regulations enacted in the final days of the Trump administration that effectively allowed payday lenders to avoid state laws capping interest rates.
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NCAA moving toward temporary patchwork solution to NIL issue
The latest strategy to provide clarity to a dramatic change in NCAA policy comes days after the Supreme Court handed down a ruling that left the association exposed to future legal attacks.
Infrastructure spending promises boost for industry
Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies that make machinery and materials a solid foundation for growth.
Carlisle taking over Pacers for 2nd time after leaving Mavs
Rick Carlisle confirmed to The Associated Press on Thursday he has agreed to return to the club he coached for four seasons from 2003-07. He led the Pacers to the Eastern Conference finals his first season.
U.S. jobless claims tick down to 411,000 as pandemic fades
The Labor Department said Thursday that jobless claims declined by 7,000 from the previous week, to 411,000. The number of weekly applications for unemployment aid has fallen steadily this year, from about 900,000 in January.
Federal government extends eviction moratorium for a month
The White House acknowledged Wednesday that the emergency pandemic protection will have to end at some point. The trick is devising the right sort of off-ramp to make the transition without massive social upheaval.
UPDATE: Lilly to seek FDA approval for potential Alzheimer’s drug
Eli Lilly and Co. shares jumped more than 9% Thursday morning after it received “breakthrough therapy” designation for donanemab from the U.S. Food and Drug Administration, putting the drug on a path that could expedite its development.
Teamsters aim to step up efforts to unionize Amazon workers
The International Brotherhood of Teamsters, a union that represents 1.4 million workers, is set to vote Thursday on whether to make organizing Amazon workers its main priority.
Bipartisan senators reach tentative plan on infrastructure
The group had been narrowing on a much smaller but still sizable $1 trillion proposal of road, highway and other traditional infrastructure projects.
House panel pushes legislation targeting Big Tech’s power
The ambitious legislation could curb the market power of tech giants Facebook, Google, Amazon and Apple and force them to sever their dominant platforms from their other lines of business.
Supreme Court rules for cursing cheerleader over Snapchat post
The court voted 8-1 in favor of Brandi Levy, who was a 14-year-old high school freshman when she expressed her disappointment over not making the varsity cheerleading squad on Snapchat with a string of curse words and a raised middle finger.
Low vaccination rate, variant growth fueling spike of COVID cases in Missouri
As the United States emerges from the COVID-19 crisis, Missouri is becoming a cautionary tale for the rest of the country.
Nursing home deaths up 32% in 2020 amid pandemic
The report from the inspector general of the Department of Health and Human Services found that nursing home deaths overall jumped by 169,291 from the previous year, before the coronavirus appeared.
Some used vehicles now selling for more than original sticker price
In the past year, used vehicle prices on average have climbed 30%, according to Black Book, which tracks car and truck data. That’s created many crazy situations where high-demand vehicles are selling for more than they did when they were new.
NCAA could seek once-radical solutions after Supreme Court loss
After the NCAA’s stinging legal loss this week, college sports leaders are acknowledging the path forward will have to include changes that once seemed antithetical to the mission.
More than 150 workers at one hospital system fired, resign over vaccine
Legal experts say such vaccine requirements, particularly in a public health crisis, will probably continue be upheld in court as long as employers provide reasonable exemptions, including for medical conditions or religious objections.
IU students sue university over COVID-19 vaccine policy
The suit contends that IU’s policy violates the Fourteenth Amendment, which includes the rights of personal autonomy and bodily integrity and the right to reject medical treatment.
Conferences urge stopgap for NCAA on NIL until federal law
Six Division I conferences, including the SEC, ACC and Pac-12, have put forth an alternative stopgap measure that cuts out the NCAA and allows athletes to be compensated for name, image and likeness before a federal law is passed.
Powell says economy growing rapidly, inflation up ‘notably’
Federal Reserve Chairman Jerome Powell’s remarks follow a meeting of the Fed’s policymaking committee last week, when central bank officials signaled they now may increase the Fed’s benchmark interest rate twice in 2023.
Biden, GOP struggle over how to pay for infrastructure package
President Joe Biden wants to increase taxes for corporations and those households making more than $400,000 a year. Republicans have ruled that out, putting forward alternatives that Democrats find unacceptable.