Justice Department says it won’t charge Pence over classified documents
No evidence ever emerged suggesting that Pence intentionally hid any documents from the government or even knew they were in his suburban Indianapolis home.
Associated Press
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Wave of retirements leaving some U.S. industries desperate to hire
Since 2019, the proportion of retirees in the U.S. population has risen from 18% to nearly 20%—equivalent to about 3.5 million fewer workers. And the trend seems sure to accelerate.
Purdue’s Edey returning to school instead of staying in NBA Draft
National player of the year Zach Edey decided it was the right call to go back to school instead of playing in the NBA.
Amazon to pay $30M to settle privacy issues over Alexa, Ring cameras
The Federal Trade Commission voted to file charges in two separate cases Wednesday that could also force the company to delete certain data collected by its popular internet-connected devices.
Fan whose car was damaged by flying tire at Indy 500 to get new ride
The wheel came off with less than 20 laps to go in Sunday’s race when Felix Rosenqvist and Kyle Kirkwood collided. Kirkwood’s left rear tire bounced over the fence and the corner of the grandstand before landing in a parking lot.
House OKs debt ceiling bill, sends Biden-McCarthy deal to Senate
The hard-fought deal to avoid a default crisis pleased few, but lawmakers assessed it was better than the alternative—a major economic upheaval if Congress failed to act.
Fed likely to skip interest-rate hike in June, officials signal
Leading Federal Reserve officials are sending out stronger signals that they will forego an increase at the central bank’s next meeting, though they indicate hikes could resume later this year.
Mike Pence to launch campaign for president in Iowa next week
The former Indiana governor’s campaign is expected to lean heavily on town halls and retail stops aimed at showcasing his personality as he tries to emerge from former President Donald Trump’s shadow.
CEO pay hikes at S&P 500 companies slowed in 2022
Pay disparity between chief executives and rank-and-file workers, which has been widening for years, narrowed only slightly.
U.S. job openings rise unexpectedly to highest mark since January
The resilience of the American labor market continues to complicate the Federal Reserve’s efforts to fight inflation.
Debt ceiling package heading toward crucial U.S. House vote
President Joe Biden and Speaker Kevin McCarthy are assembling a coalition of centrist Democrats and Republicans to push the package to passage over fierce blowback from conservatives and some progressive dissent.
As Supreme Court considers affirmative action, colleges see few other ways
As the Supreme Court decides the fate of affirmative action, colleges nationwide are bracing for setbacks that could erase decades of progress on campus diversity.
U.S. consumer confidence declines for 4th time in 5 months
Consumer confidence fell in May as Americans became more pessimistic about the labor market, on top of elevated anxiety over inflation.
Newgarden earns record $3.6M for Indy win; Pedersen gets rookie of year honor
Indy’s total purse of $17,021,500 broke last year’s mark by more than $1 million.
Penske: IndyCar sure to investigate wheel that flew over stands from Indy 500 wreck
The owner of the Chevrolet that took the brunt of the damage from the flying wheel was treated with a chance to kiss the yard of bricks and got a ride home from the track’s president.
Ericsson left to rue IndyCar’s decision on white-checkered finish
It was the fourth-closest finish in Indy 500 history, and one that will no doubt be discussed for years to come.
Josef Newgarden gives Roger Penske his 19th win in dramatic Indianapolis 500
“Finally,” Newgarden said after pouring milk over his head. “I’m elated to get it to finally work out.”
Indy 500 arrives with clear favorites, plenty of off-the-radar spoilers
Looking for a surprise contender? Other drivers say Agustín Canapino, one of the most popular athletes in Argentina, who is making his Indy 500 debut.
Ganassi vs. McLaren headlines Indianapolis 500 title fight, some 300,000 fans expected
It has become the best rivalry in IndyCar, the one between Chip Ganassi himself and Zak Brown, the head of McLaren Racing.
Sato paces strong Ganassi contingent in final Indianapolis 500 practice
Sato turned a fast lap of 227.855 mph early in the session, and teammate Scott Dixon was right behind with pole sitter Alex Palou fourth on the speed chart.