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Economists are cautioning that President Donald Trump’s proposal to lower monthly mortgage payments could leave many Americans carrying far more debt over time, offering short-term savings that may come with a long-term financial cost. Over the weekend, Trump suggested on Truth Social that the government could introduce a 50-year mortgage option. Bill Pulte, the director […]

Politics

A push by U.S. Sen. Mitch McConnell to close a loophole that enabled the sale of intoxicating hemp-derived products has become a major point of conflict in negotiations to reopen the federal government. His effort is being opposed by fellow Kentucky Sen. Rand Paul. After a key vote on Nov. 9, senators have begun advancing […]

Politics

The Senate voted 60-40 to move forward with legislation aimed at ending the shutdown, the longest in U.S. history. The chamber adjourned until Monday and has not yet scheduled a final vote. The House must also approve the bill before it can go to President Donald Trump for his signature. Under the agreement, Congress would […]

Politics

President Donald Trump said Sunday that he wants to provide most Americans with a $2,000 payment funded by tariff revenue, defending a policy that has become central to his administration. He promoted his tariff strategy as a source of new government income, arguing that it has spurred what he described as “record investment” in U.S. […]

Politics

Indiana Republicans continue to show strong approval for President Donald Trump, but that support is not fully extending to his call to redraw congressional maps before the next scheduled redistricting cycle, according to a new survey from Bellwether Research. The poll of 800 registered voters found that 90% of Republicans surveyed hold favorable views of […]

Politics

Total household debt climbed to a record $18.6 trillion last quarter, and while most borrowers remain on track with payments, young Americans are feeling the pressure. During the third quarter, 3 percent of outstanding balances became seriously delinquent — 90 days or more past due — the largest quarterly increase since 2014, according to the Federal Reserve Bank of New York. Among […]

Politics

The Federal Aviation Administration (FAA) is reducing the number of U.S. airline flights by 10 percent as the government shutdown continues, raising concerns for travelers preparing for upcoming trips. Here’s what to expect as the changes take effect. Why Are Flights Being Cut? According to the Associated Press, the FAA’s decision to scale back flights […]

Will Thanksgiving strain consumers’ budgets more this year? The answer varies depending on what ends up on the table. New research from Empower shows that 57% of Americans feel they are being “priced out” of their own kitchens because groceries have become too expensive to prepare a holiday meal at home. Nearly half (47%) say […]

Scrolling through dating apps and social feeds can give the impression that young adults are constantly traveling, shopping luxury brands, and brunching every weekend. But a Credit One Bank survey of 1,000 Gen Zers and millennials shows many of those lifestyles are more staged than real. According to the survey, 51% admit to exaggerating their […]

As cities and counties finish a difficult budgeting year, some Indiana lawmakers say they may reconsider parts of the state’s recent property and income tax changes. Senate Enrolled Act 1, approved earlier this year, expands deductions for homeowners and agricultural land and makes adjustments to the business personal property tax. The law also includes future […]

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Gov. Mike Braun’s fundraising network continues to draw major backing from Indiana’s business community less than a year into his first term, new Federal Election Commission (FEC) filings show. Two key committees — Team Braun and the Freedom and Opportunity Fund — have kept money flowing into Braun’s political orbit, even as one transitions from […]

Politics

Dick Cheney, the former vice president who helped shape America’s post-9/11 wars and pushed the country into Iraq under false intelligence, has died at 84. His family said he passed away from complications of pneumonia and heart disease, surrounded by his wife Lynne and daughters Liz and Mary. “His beloved wife of 61 years, Lynne, […]