What is DeepSeek, the Chinese AI company upending technology stocks?
DeepSeek’s AI assistant became the No. 1 downloaded free app on Apple’s iPhone store Monday, propelled by curiosity about the ChatGPT competitor.
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New bid for TikTok from Perplexity AI could give U.S. government 50% stake
The Perplexity proposal comes as several investors are expressing interest in TikTok. President Donald Trump said late Saturday that he expects a deal will be made in as soon as 30 days.
Federal Reserve expected to stand pat on rates even as Trump demands cuts
Fed officials have clearly signaled they expect to skip a rate hike, at least in January, to evaluate the job market and economy.
New player arrives in U.S. Steel-Nippon takeover saga with goal of quashing it
U.S. Steel said it remains committed to pursuing a deal with Nippon, believing it is best for the U.S. steel industry, supply chains and for steel workers.
Penske’s pair of Porsches dominate as The Captain wins Rolex 24 at Daytona
Roger Penske started his 59th season in motorsports the same way he closed last year—as a champion.
Target joins others in scaling back diversity, equity and inclusion initiatives
Target, which operates nearly 2,000 stores nationwide and employs more than 400,000 people, said it already had planned to end the program this year.
Existing home sales in 2024 fell to lowest level in nearly 30 years
Elevated mortgage rates, rising home prices and limited inventory have kept prospective homebuyers out of the market.
Lou Anarumo hoping to make most of fresh start as Colts defensive coordinator
Anarumo has a track record of being aggressive and using multiple defensive formations. That’s a big change from what Colts fans saw under former defensive coordinator Gus Bradley.
Purdue Pharma and owners to pay $7.4B in settlement over OxyContin’s toll
The deal represents an increase of more than $1 billion over a previous settlement deal that was rejected last year by the U.S. Supreme Court.
Samsung aims to turn its next generation of Galaxy smartphones into AI companions
New Galaxy S25 models are capable of pulling more requests out of conversations, learning people’s routines, anticipating people’s needs and performing more technological tricks.
College Football Playoff national title game sees viewership decline
Ohio State University’s 34-23 victory over the University of Notre Dame in Monday night’s CFP championship game in Atlanta was the most-watched game of the season. However, it saw a double-digit drop in viewers from last year’s title match.
What’s next for EVs as Trump moves to revoke Biden-era incentives?
President Trump’s order also put an immediate pause on billions of dollars in funding allocated for EV charging stations.
Trump administration directs all federal diversity, equity and inclusion staff be put on leave
President Trump’s executive order will toss out equity plans developed by federal agencies and terminate any roles or offices dedicated to promoting diversity. It will include eliminating initiatives such as DEI-related training or diversity goals in performance reviews.
Trump signs executive order on developing AI ‘free from ideological bias’
The new order sets out to track down and review “all policies, directives, regulations, orders, and other actions taken” as a result of former President Joe Biden’s sweeping AI executive order of 2023.
Rosy December for small business sales, except at restaurants
The strongest selling categories were general merchandise, clothing, shoes and jewelry retailers, furniture, electronics, appliances and grocery.
Trump says 25% tariffs on Canada, Mexico coming Feb. 1
President Trump also signed a directive telling federal agencies to conduct a 30-day review of how they can help to lower the costs of housing, health care, food, energy and home appliances as well as finding ways to bring more people into the workforce.
Ohio State outlasts Notre Dame in CFP final to win first national football title since 2014
Notre Dame (14-2) saw its 13-game winning streak end when its late comeback attempt fell short. The Fighting Irish are still searching for their first national championship since 1988.
Trump signs slew of executive orders on Day 1
President Donald Trump repealed dozens of former President Joe Biden’s actions, began his immigration crackdown, withdrew the U.S. from the Paris climate accords and pardoned hundreds of people.
Trump issues executive order to suspend TikTok ban. But can it stick?
Business leaders, lawmakers, legal scholars, and influencers who make money on TikTok are watching to see how Trump tries to resolve a thicket of regulatory, legal, financial and geopolitical issues with his signature.
IU eliminates 25 athletic department jobs in preparation for revenue sharing, source says
Indiana University and many other schools are facing an unprecedented dilemma—pay players market value or risk becoming less competitive on the field. In Bloomington, the solution appears to be running a leaner department.