TurboTax customers to receive checks for $141M settlement
Millions of Americans who qualified for free tax services—but were instead deceived into paying TurboTax for their returns—will soon get settlement checks in the mail.
Associated Press
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U.S. adds a solid 253,000 jobs despite Fed’s rate hikes
April’s hiring gain compares with 165,000 in March and 248,000 in February and is still at a level considered vigorous by historical standards.
Holcomb signs 91 more bills, finishes session without veto
Thursday’s final batch included the new two-year $44 billion state budget that includes a broad expansion of the private school voucher program.
United plans to hire 15,000, adding to surge in airline jobs
Airlines are trying to avoid a rerun of last year, when they were caught unprepared for a rapid recovery in air travel.
Regulators: Facebook misled parents, failed to guard privacy of children
The Federal Trade Commission on Wednesday proposed sweeping changes to a 2020 privacy order with Facebook—now called Meta. The FTC said the company has failed to fully comply with the order. Meta called the announcement a “political stunt.”
Hate passwords? Google plans to sideline them with passkeys
Passkeys are designed to offer a safer alternative to passwords and texted confirmation codes. Here’s what you need to know.
Scientists warn of AI dangers but don’t agree on solutions
Computer scientists who helped build the foundations of today’s artificial intelligence technology are expressing concerns, but that doesn’t mean they agree on what the dangers are or how to prevent them.
McDonald’s franchisees fined for child labor violations
Federal officials say two 10-year-olds are among the 300 children who worked for three separate franchisees that operate a total of 62 McDonald’s locations across Kentucky, Indiana, Maryland and Ohio.
Fed raises key rate, but hints it might pause amid bank turmoil
The Federal Reserve said it will consider a range of factors in “determining the extent” to which future hikes might be needed.
Darden buys Ruth’s Chris Steak House for about $715M
Indianapolis is home to two Ruth’s Chris locations—downtown at 45 S. Illinois St. and on the north side at 2727 E. 86th St.
Late-night TV shows go dark as writers strike for better pay
The first Hollywood strike in 15 years began Tuesday as the economic pressures of the streaming era prompted unionized TV and film writers to picket for better pay outside major studios.
New York state to require gas-free new buildings
“This is where our nation has to go eventually,” New York Gov. Kathy Hochul said after negotiating with fellow Democrats to add the law to the state’s budget.
U.S. job openings dip to 9.6 million, lowest since 2021
The Labor Department’s Job Openings and Labor Turnover Summary, out Tuesday, showed that layoffs rose to 1.8 million, the highest level since December 2020.
Hollywood writers, slamming ‘gig economy,’ to go on strike
Streaming has exploded the number of series and films that are annually made, meaning more jobs for writers. But WGA members say they’re making much less money and working under more strained conditions.
Pilots at American, Southwest ratchet up strike threats
American, Southwest and United Airlines are under pressure to match or beat terms that rival Delta Air Lines accepted with its pilots.
Lawmakers call on SEC to assess Shein supply chain before IPO
A bipartisan group of two dozen lawmakers is asking the SEC to put the brakes on an initial public offering by Chinese fast-fashion retailer Shein—which has major operations near Indianapolis—until it verifies it does not use forced labor.
FDIC recommends raising insured deposit limit for businesses
U.S. businesses might be able to secure bank deposit insurance for accounts holding more than $250,000 if Congress agrees with the Federal Deposit Insurance Corp.’s new proposal.
Holcomb signs birth-control, voter-ID legislation
Gov. Eric Holcomb signed 68 bills on Monday, including a GOP-backed proposal requiring voters to submit more identification information to obtain mail-in ballots.
U.S. Supreme Court declines to take up Indiana’s abortion burial law
An Indiana law that requires abortion clinics to either bury or cremate fetal remains will remain in effect after the U.S. Supreme Court has declined to consider a lawsuit challenging it.
Fed set to raise rates yet again. What comes next is unclear.
Another quarter-point rate increase on Wednesday would leave the Fed’s key rate at 5.1%—a 16-year high and a full 5 percentage points higher than in March 2022.