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Associated Press

Trump administration offers some details U.S. Steel deal; union raises concerns

President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of what the White House calls an “investment” being made by Japan-based Nippon Steel in the iconic American steelmaker.... Read More

Trump clears path for Nippon investment in U.S. Steel, so long as it fits government’s terms

President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted by the federal government.... Read More

Consumer sentiment rises for 1st time this year as inflation remains tame

Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fight with China.... Read More

U.S. producer prices rise modest 2.6% in May with inflationary pressures still mild

The Labor Department reported Thursday that its producer price index — which measures inflation before it its consumers — rose 2.6% in May 2024. ... Read More

Trump’s FAA administrator pick questioned about safety, pilot training standards

Bryan Bedford, CEO of Carmel-based Republic Airways, faced tough questions in the confirmation hearing, which follows January's deadly midair collision in Washington, D.C., and a string of other crashes and near misses since then.... Read More

Inflation barely rose last month as cheaper gas and cars offset some costlier imports

Consumer prices increased 2.4% in May compared with a year ago, according to a Labor Department report released Wednesday. ... Read More

NCAA’s Baker: Will Congress back $2.8B settlement with antitrust protection?

NCAA President Charlie Baker told The Associated Press on Tuesday that draft legislation circulating in Washington is what the association has been asking for. Now, it's simply a matter of passing it.... Read More

Citing trade wars, World Bank downgrades global economic growth forecast to 2.3%

Citing “a substantial rise in trade barriers’’ but without mentioning Trump by name, the 189-country lender predicted that the U.S. economy – the world’s largest – would grow half as fast (1.4%) this year as it did in 2024 (2.8%). ... Read More

Judge approves $2.8B settlement, paving way for colleges to pay athletes millions

A federal judge signed off on arguably the biggest change in the history of college sports Friday, clearing the way for schools to begin paying their athletes millions of dollars as soon as next month.... Read More

Li Li Leung, who led USA Gymnastics in wake of Nassar scandal, to step down

Li Li Leung, who guided Indianapolis-based USA Gymnastics back from the brink of collapse in the wake of the Larry Nassar sexual abuse scandal, is stepping down at the end of the year.... Read More

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