Housing market chills as mortgage rates, prices scare buyers
Mortgage applications have declined sharply while sales of previously occupied homes have fallen for five straight months, during what is generally the busiest time of year in real estate.
Associated Press
Articles
Americans filing jobless claims at highest level in 8 months
The government also reported earlier in July that U.S. employers advertised fewer jobs in May amid signs that the economy is weakening, though the overall demand for workers remained strong.
Amazon to buy primary care provider One Medical for $3.9B
One Medical is a membership-based service that offers virtual care as well as in-person visits. It also works with more than 8,000 companies to provide its health benefits to employees.
U.S. Postal Service to boost purchases of electric vehicles
The Postal Service now wants 50% of its initial purchase of 50,000 next-generation vehicles to be electric, up from the previous plan for 20% being electric.
Sky-high diesel prices squeeze truckers, farmers, consumers
For months, motorists have felt the pain of high gasoline prices. Many might not know that they’re also absorbing the impact of much costlier diesel in the form of higher priced goods.
How canine heart disease was tied to grain-free dog food—without a firm link
The FDA has found no firm link between diet and dilated cardiomyopathy. Nor has it rejected such a link, and research is ongoing. Publicity surrounding this issue, nevertheless, has shrunk the once-promising market for grain-free dog foods.
Police: Greenwood mall gunman fired 24 times in 15 seconds
Preliminary autopsy results show gunman Jonathan Sapirman of Greenwood was shot eight times by an armed bystander, the Johnson County Coroner’s Office said Tuesday.
CDC endorses more traditional Novavax COVID shot for adults
Health officials say U.S. adults who haven’t gotten any COVID-19 shots yet should consider a new option from Novavax. The protein-based shot is a more traditional kind of vaccine than the three brands available.
U.S. health insurers raising rates to match increase in usage
Health insurers in individual marketplaces across 13 states, including Indiana, and Washington, D.C., will raise rates an average of 10% next year, according to a review of rate filings by the Kaiser Family Foundation.
Indiana, other states getting millions for small businesses
Indiana is being allocated $99.1 million as part of the State Small Business Credit Initiative, established in 2010 and reauthorized under the American Rescue Plan to support state programs that help small businesses access capital as they emerge from the pandemic.
Indiana gas tax rising slightly in August despite price drop
A total of 62.4 cents per gallon in state taxes will be charged during August, the Indiana Department of Revenue announced Monday.
Republicans warm to $52B computer chip incentives bill
Commerce Secretary Gina Raimondo said that chipmakers are making decisions now about where they need to locate plants to keep up with global demand, and that foreign competitors are courting those companies with financial aid.
Police release details of Greenwood mall shooting, including identities of shooter, ‘good Samaritan’
Greenwood officials disclosed Monday afternoon that the shooter who killed three people at Greenwood Park Mall on Sunday evening—and then was shot and killed by a “good Samaritan” bystander—was a 20-year-old city resident who had a run-ins with police as a juvenile.
GE reveals identity of three companies after historic split
The split is the culmination of years of paring by the massive American conglomerate, which signaled a shift away from a corporate structure that dominated U.S. business for decades.
As artificial intelligence language skills grow, so do scientists’ concerns
The tech industry’s latest artificial intelligence constructs can be pretty impressive at some things. But they’re not so good—and sometimes dangerously bad—at handling other seemingly straightforward tasks.
IndyCar makes Vaizer first female medical director
Dr. Julia Vaizer has spent the past year assisting Dr. Geoffrey Billows, the series’ longtime medical director, who announced that he will be stepping down.
Indiana doctor’s lawyer tells AG to halt ‘false’ statements
Attorney Kathleen DeLaney sent the “cease and desist” letter to Indiana Republican Attorney General Todd Rokita on behalf of obstetrician-gynecologist Caitlin Bernard, who performed an abortion on the 10-year-old girl.
New 988 hotline is the 911 for mental health emergencies
The United States’ first nationwide three-digit mental health crisis hotline goes live on Saturday. Instead of a dispatcher sending police, firefighters or paramedics, 988 will connect callers with trained mental health counselors.
Fed board member opens door to 1-point hike if demand rises
Such an increase would mark a further ramping up of the Fed’s rate hikes as it intensifies its fight against accelerating inflation. The Fed hasn’t raised its rate by 1 percentage point in several decades.
Deal-making down as inflation, rate hikes spur caution
Companies hit the brakes on deal-making during the first half of 2022 as concerns over pervasive inflation, interest rate hikes and the threat of a recession loomed over Wall Street.