U.S. growth slowed sharply last quarter, to 1.6% pace
Despite cooling, the economy is still creating price pressures, a continuing source of concern for the Federal Reserve.
Associated Press
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IndyCar strips season-opening victory from Newgarden
Team Penske suffered a humiliating moment Wednesday when two of its drivers were disqualified from the season-opening race in St. Petersburg, where they finished first and third. Roger Penske, who owns the team and the IndyCar Series, expressed embarrassment.
Study: More than 1 in 4 adults over 50 say they expect to never retire
The share of people older than 50 who say they do not expect to retire has steadily increased, according to the AARP study, which is conducted twice a year.
Supreme Court appears skeptical that state abortion bans conflict with federal health care law
The case marks the first time the Supreme Court has considered the implications of a state ban since the nationwide right to abortion was overturned.
Analysis: IndyCar season has just started, but free agency’s already in full swing
IndyCar, after just two races, is suddenly rife with rumors about driver free agency with its biggest month coming up.
Indiana GOP candidates for governor make their pitch at debate
Five Republican gubernatorial candidates sought to undermine each other’s records during a final debate Tuesday night ahead of Indiana’s May 7 Primary Election, but took few shots at the absent U.S. Sen. Mike Braun.
Government finalizes rule to grant overtime to millions more salaried workers
The move marks the largest expansion in federal overtime eligibility seen in decades. Critics said the regulation could saddle companies with new costs and add to persistent labor challenges.
Bill forcing TikTok parent to sell or face ban heads to Biden for signature
The TikTok legislation was included as part of a larger $95 billion package that provides foreign aid to Ukraine and Israel. President Joe Biden said he will sign it Wednesday.
Government agrees to $138.7M settlement over botched USA Gymnastics probe
The settlement covers more than 100 people who accused the FBI of grossly mishandling allegations of sexual assault against the former team doctor at Indianapolis-based USA Gymnastics.
Indiana Fever’s Caitlin Clark set to sign $28M Nike deal
Sources say the contract spans eight years and includes a signature shoe.
NCAA ratifies immediate eligibility for athletes no matter how many times they switch schools
The Indianapolis-based NCAA fast-tracked rule changes to fall in line with a recent court order.
UPDATE: Express files for bankruptcy, announces store closures, possible sale
A consortium that includes Indianapolis-based Simon Property Group has offered a non-binding letter of intent to potentially purchase the majority of its stores and operations. Four Indiana stores are slated for closure, according to bankruptcy papers.
Kroger, Albertsons—still hoping to merge—agree to sell more stores to satisfy regulators
It’s unclear if the new plan will satisfy regulators. In February, the U.S. Federal Trade Commission sued to block the $24.6 billion merger between the grocery giants.
Caitlin Clark’s early play in WNBA will serve as tryout for Olympic team
Unable to attend the U.S. training camp earlier this month, Clark will have the start of her WNBA career to show the U.S. women’s basketball selection committee whether she deserves a spot on the team.
Councilwoman chosen as new Fort Wayne mayor in caucus
Councilwoman Sharon Tucker, a Democrat, will become the first Black person and second woman to serve as mayor of of Indiana’s second most populous city.
Bill Tobin, former Colts general manager, dies at 83
Indianapolis made the playoffs in two of Tobin’s three years, with the 1995 team advancing to the AFC championship game. The team drafted a pair of Hall of Famers in that period.
Biden sees $35 price cap for insulin as pivotal campaign issue
Rarely a day goes without President Joe Biden mentioning insulin prices and promoting a $35 price cap for the medication for Americans on Medicare. The reality is more complicated.
Record numbers in the U.S. are homeless. Can cities fine them for sleeping in parks and on sidewalks?
The U.S. Supreme Court on Monday will weigh whether punishing people for sleeping outside when shelter space is lacking is unconstitutional.
EPA designates two forever chemicals as hazardous substances, eligible for Superfund cleanup
Designation as a hazardous substance under the Superfund law doesn’t ban the chemicals, known as PFOA and PFOS. But it requires that releases of the chemicals into soil or water be reported to federal, state or tribal officials if they meet or exceed certain levels.
Colts looking beyond quarterback in NFL draft
After taking Anthony Richardson with the No. 4 pick a year ago, the Colts are out of the NFL’s annual draft quarterback derby for the first time since Andrew Luck’s surprise retirement in August 2019.