Nvidia’s stock market value tops $3.3 trillion, making it No. 1 in S&P 500
The company’s journey to be one of the most prominent players in AI has produced some eye-popping numbers. Here’s a look:
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Congressional Budget Office raises federal budget deficit projection by $400B
Major drivers of the increase include higher costs from the supplemental spending package signed in April.
McDonald’s ending its test run of AI-powered drive-thrus with IBM
Numerous fast food chains have begun exploring the implementation of AI across operations over recent years, with many pointing to possibilities of maximizing speed and cutting costs.
Half-million immigrants could get U.S. citizenship under new plan from Biden
The White House announced Tuesday that the administration will, in the coming months, allow certain spouses of U.S. citizens without legal status to apply for permanent residency and eventually citizenship.
Retail sales rise meager 0.1% as still-high inflation curbs spending
Economists said the report reflected an increasingly cautious consumer.
Fisker becomes second electric vehicle maker to file for bankruptcy in past year
EV sales have slowed as manufacturers have attempted to push electric vehicles into the mainstream.
Indiana swimmers grab Olympic spots on night for big names at trials
Chris Guiliano of Notre Dame, Drew Kibler of Carmel and Lilly King of Evansville qualified for the Olympics on Monday night, and other swimmers with Indiana ties finished high enough in their events to be in the mix for the U.S. Olympic team (with photo gallery).
Surgeon general asks Congress to require warning labels for social media
Dr. Vivek Murthy said social media is a contributing factor in the mental health crisis among young people and should carry warning labels similar to those now mandatory on cigarette boxes.
Biden’s Title IX rule blocked by judge in six additional states, including Indiana
A federal judge on Monday temporarily blocked the Biden administration’s new rule expanding protections for LGBTQ+ students in Kentucky, Indiana, Ohio, Tennessee, Virginia and West Virginia.
IRS seeks to end another major tax loophole, raise $50B in process
The guidance and ruling being announced Monday includes plans to essentially stop “partnership basis shifting”—a process by which a business or person can move assets among a series of related parties to avoid paying taxes.
Drug shortages keep growing. Older, injectable medicines among most vulnerable.
Total active shortages hit an all-time high of 323 in this year’s first quarter, according to the University of Utah Drug Information Service. That’s up about 86% since 2017.
Angel Reese contends she was making basketball play on Caitlin Clark despite flagrant foul call
In front of another sellout crowd in Indianapolis, Caitlin Clark of the Indiana Fever took an elbow to the head, courtesy Angel Reese of the Chicago Sky.
Shackells celebrate strong starts for brother, sister duo at U.S. Olympic swimming trials
Aaron Shackell became the first American to qualify for the Paris Games by winning his race with a time of 3 minutes, 45.46 seconds on Saturday—just minutes after his sister qualified for Sunday night’s women’s 100 butterfly final.
Aaron Shackell of Carmel swims to berth in Olympics
The Carmel Swim Club swimmer upset Tokyo bronze medalist Kieran Smith on Saturday night at the U.S. Olympic swimming trials at Lucas Oil Stadium in Indianapolis.
U.S. Olympic trials feels like Super Bowl of swimming at home of NFL Colts
As usual, there are plenty of compelling storylines at a meet that many swimmers find more nerve-wracking than the actual Olympics. And the massive venue only adds to the feeling that this is the Super Bowl of swimming.
Stellantis CEO cites failures in U.S. operations, ready to compete head-on with Chinese EVs
Stellantis CEO Carlos Tavares expressed dissatisfaction at the operation of some U.S. plants on Thursday, and took responsibility for not reacting quickly enough to address that issue.
Supreme Court, siding with Starbucks, makes it harder for NLRB to win court orders in labor disputes
Workers at 437 company-owned U.S. Starbucks stores have voted to unionize since late 2021, according to the NLRB, but none of those stores has secured a labor agreement with Starbucks.
Unanimous Supreme Court preserves access to widely used abortion medication
The decision preserves access to a medication that was used in nearly two-thirds of all abortions in the United States last year.
Number of Americans filing for jobless benefits jumps to highest level in 10 months
Though this week’s number seems relatively high, it’s still within a range that reflects a healthy labor market.
IndyCar moving to Fox Sports in 2025 after 16 seasons with NBC
Fox promised all the races would be broadcast nationally, as well as qualifying for the Indy 500.