Trump to put 25% tariffs on Japan, South Korea
President Trump provided notice of the tariffs to begin on Aug. 1 by posting letters on Truth Social that warned both countries to not retaliate by increasing their own import taxes.
Associated Press
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Prices for obesity drugs fall, but affordability still out of reach for many
The medications still amount to around $500 per month for those without insurance—out of reach for many patients. And even for people with insurance, coverage remains uneven.
Musk says he’s forming new political party after split with Trump over tax cuts law
Elon Musk said he’s carrying out his threat to start a new political party after his fissure with President Donald Trump, announcing the America Party in response to the president’s sweeping tax cuts law.
Fever’s Caitlin Clark to miss 10th game of season with injury
The Fever announced Clark’s status on Friday, a day before their game against the Sparks. The game is a near-sellout.
Westfield’s Joey Chestnut reclaims title in Nathan’s Famous hot dog eating contest, wins 17th Mustard Belt
It marked the 17th win in 20 appearances for Chestnut at the internationally televised competition, which he missed last year over a contract dispute.
House gives final approval to Trump’s big tax bill, sends it to him to sign
The outcome delivers a milestone for the president, by his Friday goal, and for his party. It was a long-shot effort to compile a lengthy list of GOP priorities into what they called his “one big beautiful bill,” an 800-plus page measure.
House Republicans ready to finish Trump’s bill, but Dem leader Jeffries draws out debate
House Republicans, up all night, are ready to vote on the $4.5 trillion bill, but House Democratic leader Hakeem Jeffries of New York has been holding the floor for more than seven hours.
Labor market continues to surprise and unemployment rate falls
June numbers were surprisingly strong. Health care jobs increased by 39,000. State governments added 47,000 workers and local governments 33,000.
House Republicans are pushing Trump’s big bill to the brink of passage
GOP leaders were up all night and the president himself worked to persuade skeptical holdouts to drop their opposition and deliver by their Fourth of July deadline.
Caitlin Clark to miss 4th straight game for Fever with groin injury
The game against the Las Vegas Aces marks the beginning of a five-game homestand for the Fever.
Trump announces trade deal that will let US goods into Vietnam duty-free
Vietnam is one of Indiana’s top 10 trade partners in terms of imports.
Tesla sales plunge again as anti-Musk boycott shows staying power
A June AP-NORC poll showed about half of U.S. adults have an unfavorable opinion of Tesla, including 30% of Republicans.
Microsoft announces another mass layoff, thousands of workers affected
In May, the company also laid off about 6,000 workers, its largest job cuts in more than two years, as the company spent heavily on artificial intelligence.
House Republicans race toward final vote on Trump’s tax bill, daring critics to oppose
The bill would extend and make permanent various individual and business tax breaks that Republicans passed in Trump’s first term, plus temporarily add new ones that Trump promised during the campaign.
Trump administration withholds $6B in federal grants for after-school and summer programs
The move leaves states and schools in limbo as they budget for programs this summer and in the upcoming school year, introducing new uncertainty about when—or if—they will receive the money.
Lululemon’s lawsuit against Costco highlights rise of fashion ‘dupes’
Across the retail industry, it’s far from a new phenomenon. But social media is pushing the culture of online dupe shopping to new heights as influencers direct their followers to where they can buy the knockoffs.
Playing without injured Clark, Fever stun Lynx on road to claim WNBA Commissioner’s Cup
The Fever will receive a $500,000 prize for winning the league’s in-season tournament.
Senate strikes AI provision from GOP bill after uproar from states
Proponents of an AI moratorium had argued that a patchwork of state and local AI laws is hindering progress in the AI industry and the ability of U.S. firms to compete with China.
Myles Turner agrees to $107M contract with Bucks after 10 seasons with Pacers
The Milwaukee Bucks waived nine-time All-Star Damian Lillard to make the acquisition happen, according to Associated Press sources.
Senate Republicans haul Trump’s big bill to passage after turbulent all-night session
Vice President JD Vance broke a 50-50 tie to push the bill over the top.