Indiana basketball legend George McGinnis dies at 73
McGinnis’ rose from Indianapolis prep star into an unstoppable force in his one and only college season at Indiana University before eventually taking the Indiana Pacers to two ABA titles.
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Federal Reserve keeps key interest rate unchanged, foresees three rate cuts next year
The Fed’s quarterly economic projections showed that its officials envision a “soft landing” for the economy, in which inflation would continue its decline toward the central bank’s 2% target without causing a steep downturn.
Cignetti hoping for smooth transition to IU after hiring seven assistant coaches from prior staff
New Indiana University head football coach Curt Cignetti has a plan to make a smooth transition into his new job—hiring all of his coordinators from his previous staff at James Madison University.
House approves impeachment inquiry into President Biden
Authorizing the monthslong inquiry ensures that the impeachment investigation extends well into 2024, when President Joe Biden will be running for reelection.
Small businesses face new regulations in 2024
Regulations are created to improve business dealings, discourage unfair or illegal business activity, and protect workers. But, for small business owners, they often mean more red tape, higher costs and possible penalties for failing to comply.
Wholesale inflation slowed last month, signaling that price pressures continue to ease
Wednesday’s report reinforced the belief that inflation pressures are cooling across the economy.
Tesla recalls nearly all vehicles sold in U.S. to fix Autopilot monitoring system
The recall of more than 2 million vehicles comes after a two-year investigation by the National Highway Traffic Safety Administration into a series of crashes that happened while the Autopilot partially automated driving system was in use. Some were deadly.
Fed might shed light on prospects for rate cuts in 2024
When its latest policy meeting ends Wednesday, the Federal Reserve is likely to provide some highly anticipated hints about the extent of rate cuts next year.
Pew survey: YouTube tops teens’ social-media diet
Seventy-one percent of teens said they visit YouTube at least daily, and 16% described their usage as “almost constant” according to the survey.
AI might be term of the year, but there many other contenders
The Associated Press reached out to colleagues around the world for terms that emerged this year and seized or crystalized the popular mood.
Regulators take first step toward requiring new vehicles to prevent drunk or impaired driving
The National Highway Traffic Safety Administration announced on Tuesday that it is starting the process to put a new federal safety standard in place requiring the technology in all new passenger vehicles.
Consumer inflation eased slightly last month, but some costs kept surging
The latest data on consumer inflation showed that prices in some areas—services such as rents, restaurants and auto insurance—continued to rise uncomfortably fast.
In landmark decision, jury finds Google’s app store broke anti-monopoly laws
A federal court jury has decided that Google’s Android app store has been protected by anticompetitive barriers that have damaged smartphone consumers and software developers, dealing a blow to a major pillar of a technology empire.
Inflation likely cooled again in November, but not in all areas of economy
Tuesday’s inflation report from the Labor Department is expected to show that businesses kept overall prices unchanged for a second straight month. But a closely watched category called “core prices” is predicted to outpace the Federal Reserve’s 2% annual target.
Donor-backed collectives face changes if colleges pay athletes directly
Donor-fueled collectives that raise money and funnel it to college athletes through name, image and likeness opportunities they facilitate probably won’t go away entirely if NCAA President Charlie Baker’s proposals for paying athletes become reality. But changes will be inevitable.
Barbie, Israel-Hamas war among year’s top internet searches
Other top searches included Damar Hamlin, Jeremy Renner, Matthew Perry and Tina Turner.
Holiday crowds at airports, on highways expected to be bigger than last year
Auto club AAA forecast Monday that 115.2 million people will go 50 miles or more from home during the 10 days between Dec. 23 and New Year’s Day. That’s 2.2% more than AAA predicted during the comparable stretch last year.
Indiana Fever win WNBA draft lottery for No. 1 pick for 2nd straight season
Indiana, which hasn’t made the playoffs since 2016, had a 44% chance of getting the No. 1 pick, but became only the third franchise to win the draft lottery in consecutive seasons.
Secretary of state appeals ruling for Senate candidate seeking GOP nod
The filing came a day after a Marion County judge granted an injunction sought by John Rust, the former chair of the egg supplier Rose Acre Farms who is running to replace Sen. Mike Braun.
Two Indiana police officers acquitted of excessive force in 2020 protesters’ arrests
Officers Jonathan Horlock and Nathaniel Schauwecker had been charged with battery and official misconduct in the case.