Trump orders new efforts to lower drug prices
Trump’s order contains proposals to further lower the cost of insulin, importing more low-cost drugs and streamlining the federal approval process for some drugs.
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Zuckerberg tells court Meta faces broader competition than FTC says
In federal court Monday, Meta CEO Mark Zuckerberg rejected the Federal Trade Commission’s claim that the social media giant maintains a monopoly.
Manufacturers struggle with uncertainty amid tariff chaos
The fallout has been most pronounced for companies that buy or sell from China, but even those that do business with other countries say international buyers are treading carefully.
Jet operated by Republic Airways involved in wing-clip incident
At least five members of Congress posted on social media that they were on one of the planes—with some saying the incident underscores the need for more airline safety funding and personnel.
White House starts trade negotiations, but tensions are high with China
Markets swooned Thursday as investors realized that the president is not backing away from a confrontation with Beijing.
Trump pauses tariff hikes on most nations for 90 days, raises taxes on Chinese imports
Trump said more than 75 countries that were set to face “reciprocal tariffs” have been involved in negotiations and would see their levies paused or lowered to 10 percent for 90 days, also effective immediately.
Trade war escalations spark bond sell-off as companies worry about economy
U.S. Treasury bonds sold off Wednesday as a global trade war escalated, with the Trump administration’s harshest tariffs yet drawing swift retaliation from China and the European Union.
Trump launches tariff barrage, but stresses desire to cut deals
World leaders and business executives are bracing for higher tariff rates that took effect at 12:01 a.m. Wednesday.
Former Indianapolis Symphony director John Nelson left ‘tremendous legacy’
Nelson, who died at age 83, was the fourth music director in the Symphony’s history, guiding it to international recognition through recordings and appearances at Carnegie Hall and the Kennedy Center.
Latest IRS chief to quit over deal to share data with immigration authorities
Acting IRS commissioner Melanie Krause—the tax agency’s third leader since President Donald Trump’s inauguration—will participate in the deferred resignation program the Trump administration offered to agency employees in recent days, sources said.
Trump signs executive orders to help dying coal industry
The president directed federal agencies to loosen various restrictions on coal mining, leasing and exports.
Senate takes a crucial step toward extending Trump tax cuts
The framework now moves to the House, which must pass it before lawmakers can start working on the bill itself.
Lawsuit accuses DraftKings, FanDuel of driving ‘compulsive gambling’
The city of Baltimore accuses the sports betting companies of violating state and city law by engaging in “unfair and deceptive practices.”
Removal of tax loophole may make Shein, Temu orders more expensive
President Donald Trump on Thursday revoked a nearly century-old tax loophole that saved companies from paying tens of billions of dollars in fees on cheap imports, most of which come from China.
UPDATE: Stocks see worst day in five years after tariffs announcement
Wall Street underwent a level of shock Thursday unseen since COVID-19’s outbreak tore through financial markets worldwide.
Another buyout offer hits inboxes of some federal workers
The deal, extended across at least five agencies in recent days, resurrects an option to resign now and be paid through September.
Trump administration freezes millions in funding for Planned Parenthood affiliates
Planned Parenthood said nine of its affiliates, including the one that covers Indiana, received notice that the administration would withhold funding from Title X, the nationwide family-planning program.
Dollar Tree selling Family Dollar to private equity firms for $1B
The acquisition price marks a massive discount compared with how much Dollar Tree Inc. paid to buy Family Dollar in 2015 after a bidding war with rival Dollar General.
NBA champ Celtics sold for record $6.1B to group led by private equity mogul
The Celtics are seeking to become the NBA’s first back-to-back champions since the Golden State Warriors in 2017 and 2018.
Trump administration plans 25% staff cut at IRS taxpayer help office
The Taxpayer Advocate Service is part of the IRS but operates independently as its internal watchdog. It identifies major problems facing taxpayers, recommends fixes and assists people with individual problems.