U.S. job openings cooled in February, slipped to 9.9M
Despite the drop, the number of layoffs ticked lower in February, and more Americans quit their jobs—a sign of confidence they can find better pay or working conditions elsewhere.
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Indiana Senate backs GOP bill tightening mail voter rules
A proposal that would require Indiana voters to submit more identification information to obtain mail-in ballots was endorsed Monday by the state Senate despite objections from opponents that it would make voting more difficult for many people.
McDonald’s temporarily closes U.S. offices ahead of layoffs
McDonald’s has more than 150,000 employees in corporate roles and in company-owned restaurants. It warned employees in January that layoffs would be coming.
U.S. auto sales up 7.5% in 1Q despite rising loan rates
Supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane. To keep sales rolling, automakers might have to offer subsidized loan rates.
Community colleges are reeling. ‘The reckoning is here.’
Two-year community colleges have the worst completion rates of any kind of university or college. Nearly half of students drop out within a year. Only slightly more than 40% finish within six years.
Distraction, speeding, alcohol drive up annual traffic deaths
Nearly 43,000 people died in U.S. traffic crashes in 2021, with deaths due to speeding and impaired or distracted driving on the rise.
After March Madness, women’s pro basketball options are slim
March Madness may have been the last time for fans to see many of the talented college women players compete. Players’ options for professional basketball careers are limited, whether in the U.S. or overseas—the jobs just aren’t there.
Oil producers’ cuts could boost gasoline prices, help Russia
Less oil flowing to refineries should mean higher gasoline prices for drivers and could boost the inflation hitting the United States and Europe.
UFC parent, WWE combine to form $21.4B sports entertainment company
The deal between the company that runs Ultimate Fighting Championship and WWE catapults WWE into a new era, after functioning as a family-run business for decades.
War of the states: EV, chip makers lavished with subsidies
Good Jobs First, a not-for-profit that tracks and is critical of corporate subsidies, said 2022 set a record for the number of billion-dollar-plus incentive deals.
Saudis, other oil giants announce surprise production cuts
The cuts total up to 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide.
Companies targeting big spenders with premium products
Companies from toothpaste makers to Chipolte are adding more premium items as they reach out to wealthier shoppers who are still spending freely even in the face of higher inflation.
Holcomb declares disasters in Johnson, Sullivan counties after storms
The National Weather Service said at least seven tornadoes struck Indiana, with two in Johnson County and one in Sullivan County. Four other tornados were confirmed in Howard and Clinton counties.
Key inflation gauge tracked by Fed slowed in February
Taken as a whole, Friday’s figures show that inflation pressures, though easing gradually, still maintain a grip on the economy.
Colts owner Irsay part of effort to send killer whale back to wild
More than 50 years after the orca known as Lolita was captured for public display, plans are in place to return the whale to her home waters at a cost that could reach $20 million. An unlikely coalition involving Jim Irsay announced the agreement Thursday.
Trump indicted, becoming first ex-president charged with crime
The charges remained under seal late Thursday, but the investigation centered on payments made during the 2016 presidential campaign to silence claims of an extramarital sexual encounter.
Judge’s ruling undercuts U.S. health law’s preventive care
A federal judge who previously ruled to dismantle the Affordable Care Act struck down a narrower but key part of the nation’s health law Thursday that requires most insurers to cover preventive services that include screenings for cancer, diabetes and mental health.
U.S. House GOP approves broad bill to ‘unleash’ American energy
The massive bill calls for sharply increasing domestic production of oil, natural gas and coal, as well as critical minerals such as lithium, nickel and cobalt that are used in electric vehicles, computers and cellphones.
Used-car prices, after finally easing, are back up again
With the supply of used vehicles failing to keep up with robust demand, prices are creeping up again, with signs pointing to further increases ahead.
500 winner Ericsson intends to stay in IndyCar title picture
Winning in weird ways could be part of the reason why Ericsson doesn’t get the championship consideration he craves, but he believes eeking out victories under strange circumstances is a show of strength for his team.