New-vehicle sales barely rose in second quarter as buyers balked at still-high prices
Sales were crimped in late June, when cyberattacks knocked out software from CDK Global that dealerships use to do sales paperwork.
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Caitlin Clark, Angel Reese headline WNBA All-Star team that will face US Olympic squad
The Indiana Fever’s Aliyah Boston and Kelsey Mitchell also made the All-Star team.
Fed Chair Jerome Powell: U.S. inflation cooling again, but rate cuts would be premature
After some persistently high inflation reports at the start of 2024, Powell said, the data for April and May “do suggest we are getting back on a disinflationary path.”
Arrow McLaren to replace Rossi with Lundgaard in yet another driver lineup change for IndyCar team
Alexander Rossi, who won the Indy 500 in 2016 as a rookie with Andretti Global, joined Arrow McLaren last year. In late June, he scored only his second podium since joining the team.
Supreme Court rules for truck stop in new blow to federal regulations
The Supreme Court opened the door Monday to new, broad challenges to regulations long after they take effect.
Supreme Court rules ex-presidents have broad immunity, dimming chance of a pre-election Trump trial
In a historic 6-3 ruling, the justices said for the first time that former presidents have absolute immunity from prosecution for their official acts and no immunity for unofficial acts.
Drag racing great John Force improves, but faces long road to recovery after brain injury
Brownsburg-based John Force Racing said Sunday that the 75-year-old Force is gaining momentum in his recovery, but will remain in a neurological ICU for the immediate future.
Summer hours are perk small businesses can offer workers to boost morale
Reduced hours in the summer months can also enable smaller businesses to stand out to prospective employees in a competitive talent marketplace.
Supreme Court weakens federal regulators, overturning decades-old Chevron decision
The Supreme Court on Friday upended a 40-year-old decision that made it easier for the federal government to regulate the environment, public health, workplace safety and consumer protections, delivering a far-reaching and potentially lucrative victory to business interests.
Supreme Court allows cities to enforce bans on homeless people sleeping outside
In a 6-3 decision, the high court reversed a ruling by a San Francisco-based appeals court that found outdoor sleeping bans amount to cruel and unusual punishment.
Federal Reserve’s preferred inflation gauge shows price pressures easing further
Prices for physical goods actually fell 0.4% from April to May. Gasoline prices, for example, dropped 3.4%, furniture prices 1% and the prices of recreational goods and vehicles 1.6%.
The Supreme Court rejects a nationwide opioid settlement with OxyContin maker Purdue Pharma
The decision also could affect other major bankruptcies, including the $2.4 billion bankruptcy plan for the Boy Scouts of America that has been approved by a federal judge, lawyers said.
A halting Biden tries to confront Trump at debate but stirs Democratic anxiety about his candidacy
Biden’s uneven performance crystallized the concerns of many Americans that, at age 81, he is too old to serve as president. It sparked a fresh round of calls for the Democrat to step aside.
What it means for the Supreme Court to block enforcement of the EPA’s ‘good neighbor’ pollution rule
Three energy-producing states—Ohio, Indiana and West Virginia—challenged the rule, along with the steel industry and other groups, calling it costly and ineffective.
The first legal objection to the $2.8B NCAA antitrust settlement plan comes from Houston Christian
The plan is intended to settle a host of federal antitrust claims and also clears the way for schools to share revenue with athletes, a dramatic step that all but ends the NCAA’s longstanding amateurism model.
USA Basketball expects Haliburton to be ready for Olympic camp in Vegas next week
Tyrese Haliburton was hampered at the end of the Indiana Pacers’ playoff run by issues with his left hamstring.
Supreme Court rejects $6B nationwide opioid settlement with OxyContin maker Purdue Pharma
The settlement would have shielded members of the Sackler family from civil lawsuits over the toll of opioids while providing billions of dollars to combat the opioid epidemic.
Supreme Court temporarily halts enforcement of the EPA’s plan to limit downwind pollution from power plants
Three energy-producing states—Ohio, Indiana and West Virginia—have challenged the air pollution rule, along with the steel industry and other groups, calling it costly and ineffective.
Walgreens en route to closing hundreds—maybe thousands—of stores
CEO Tim Wentworth told analysts Thursday morning that “changes are imminent” for about 25% of the company’s 8,600-plus stores nationwide, which he said were underperforming. Walgreens counts more than 100 stores in central Indiana.
Hollywood’s video game actors want to avoid strike but believe AI could spell doom
Union leaders say they aren’t “anti-AI altogether.” But voice actors and other video game performers are worried that unchecked use of AI could provide game makers with a means to displace them.