Homeland Security ends collective bargaining agreement with TSA staffers
The Transportation Security Administration has about 50,000 staffers—called transportation safety officers—at airports around the country.
Associated Press
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Target under 40-day boycott over decision to end DEI initiatives
Organizers of the “Target Fast” urged people who take part to stop shopping at Target and instead redirect their dollars to Black-owned businesses.
Trump signs executive order to establish government bitcoin reserve
Establishing a bitcoin reserve was one of several crypto-related promises President Donald Trump made on the campaign trail last year.
Walgreens agrees to be acquired by private equity firm for almost $10B
A buyout to take the drugstore chain private would give it more flexibility to make changes to improve its business without worrying about Wall Street’s reaction. Walgreens has been a public company since 1927.
UPDATE: Trump changes course, delays some tariffs on Mexico, Canada
Also Thursday, Canadian Prime Minister Justin Trudeau indicated that he expects his country will be in a trade war with the United States for the foreseeable future.
Mortgage rates have declined but could stay at level that makes it tough to afford home
The average rate on a 30-year mortgage in the U.S. has declined six weeks in a row, according to mortgage buyer Freddie Mac.
Number of Americans filing for jobless benefits falls as labor market remains sturdy
The unemployment rate ticked down to an even 4%, signaling a still very healthy labor market.
Toys expected to cost more by fall due to new tariffs on Chinese imports
Nearly 80% of the toys sold in the U.S. are sourced from China, according to The Toy Association, a national industry group.
U.S. charges Chinese hackers, government officials in broad cybercrime campaign
The indictments come as the U.S. government has warned of an increasingly sophisticated cyber threat from China.
Google leans further into AI-generated overviews for its search engine
The stage is also being set for what could turn out to be one of the most dramatic changes to the search engine’s interface since Google’s co-founders started the company in a Silicon Valley garage during the late 1990s.
‘Bear with me,’ Trump says as both farmers and consumers brace for tariff effects
Farmers and meat producers across the U.S. expect the new tariffs on Mexico, Canada and China and the retaliatory action from those countries to hurt their bottom lines if they stay in place a while.
Federal judge blocks drastic funding cuts to medical research
Separate lawsuits filed by a group of 22 states plus organizations representing universities, hospitals and research institutions nationwide sued to stop the cuts, saying they would cause “irreparable harm.”
Novo Nordisk cuts Wegovy prices, following similar move for Zepbound by Eli Lilly
Novo Nordisk’s new offering follows a direct-to-consumer model that Eli Lilly launched last year.
UPDATE: Trump grants one-month exemption for U.S. automakers from new tariffs on imports from Mexico, Canada
The administration is grappling with the fallout of tariffs beloved by President Donald Trump that could create serious blowback for his political mandate to lower prices.
Trump administration deletes list of federal buildings targeted for potential sale
A day after publishing a list of over 400 federal properties it had identified to close or sell—including two in Marion County—the Trump administration deleted the list entirely.
Major retailers temper expectations for 2025
A pullback by American shoppers has led to more caution from national retailers about their sales potential in 2025.
IRS drafting plan to cut up to half of its 90,000-person workforce, sources say
The layoffs are part of the Trump administration’s efforts to shrink the size of the federal workforce through billionaire Elon Musk’s Department of Government Efficiency.
Attorneys in college sports lawsuit point to ‘intergalactic paradigm shift’ for NCAA
Attorneys seeking approval of the $2.8 billion legal settlement for college sports said nearly 102,000 athletes have signed up to receive damages from the action.
Fox Sports draws big numbers for IndyCar season debut
Sunday’s season opener was the most watched IndyCar Series event aside from the Indianapolis 500 on any network since 2011.
US Supreme Court won’t hear challenge to IU’s bias-reporting system
The students say Indiana University’s bias-response team stifles speech on campus by allowing anonymous reports about things that appear prejudiced or demeaning.