Democrats try to ‘build back’ after Manchin tanks $2T bill
But they face serious questions whether the $2 trillion initiative can be refashioned to win his crucial vote or the party will be saddled with a devastating defeat.
Associated Press
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New I-69 section reopens in central Indiana
The northbound lanes of I-69 through Martinsville were opened Monday morning following a ribbon-cutting ceremony. The southbound lanes are expected open later in the week.
Biden boosts fuel-economy standards to fight climate change
A final rule being issued Monday would raise mileage standards starting in the 2023 model year, reaching a projected industry-wide target of 40 miles per gallon by 2026
Inflation squeezes holiday budgets for low-income shoppers
The government’s report last week that consumer prices jumped 6.8% over the past year showed that some of the largest cost spikes have been for such necessities as food, energy, housing, autos and clothing.
Larry Bird museum shooting for 2023 opening
The museum honoring the Hoosier basketball legend is budgeted for $1.5 million as part of a $28 million convention center project.
NBA postpones 5 more games; Young, Vogel enter protocols
Leaguewide, through Sunday afternoon, there were at least 68 players who have either been ruled out to play — or in the case of the postponed games, would have been ruled out — because they are in the protocols.
Omicron may sideline Lilly, Regeneron antibody drugs against COVID-19
The companies say they can quickly develop new omicron-targeting antibodies, but those aren’t expected to launch for at least several months.
CDC recommends Pfizer, Moderna COVID-19 shots over J&J’s
The strange clotting problem has caused nine confirmed deaths after J&J vaccinations—while the Pfizer and Moderna vaccines don’t come with that risk and also appear more effective, said advisers to the Centers for Disease Control and Prevention.
Indiana officials projecting big jump in budget surplus
The State Budget Committee on Thursday projected booming growth in Indiana’s budget surplus, setting up a debate during the upcoming legislative session over possible tax cuts.
Hinchcliffe moves from IndyCar driver to NBC analyst
The media-savvy Canadian will replace countryman Paul Tracy in the booth and call next year’s 17-race schedule alongside Leigh Diffey and Townsend Bell.
U.S. jobless claims rise but still historically low at 206,000
The four-week average, which smooths out week-to-week volatility, fell by 16,000, to less than 204,000, the lowest level since mid-November 1969, according Department of Labor figures released Thursday.
U.S. industrial production up by 0.5% in November
U.S. industrial production increased in November as output at the nation’s factories reached the highest level since January 2019.
NBA, players’ union considering return to daily testing
There were 33 players known to be in the league’s health and safety protocols as of Wednesday evening, along with two head coaches—Indiana’s Rick Carlisle and Sacramento interim coach Alvin Gentry—and a number of other staffers.
Biden, Manchin said to be sharply divided over $2T Dem social bill
The rocky status of their talks, described only on condition of anonymity by a person familiar with the talks, was among several indications that Senate Majority Leader Chuck Schumer faces a struggle to even begin debate on the massive measure before Christmas.
Airlines face shortage of pilots, other workers, execs say
Airlines are having trouble hiring pilots, flight attendants and other personnel, and that’s part of what is causing canceled flights and scrapping of service to some airports, executives told legislators on Wednesday.
Evictions on the rise months after federal moratorium ends
Eviction filings in Indianapolis were 49% below average in August but just 7% below average in the first 11 days of December, according to Eviction Lab at Princeton University.
UPDATE: Indiana taxpayers to get $125 refunds as state gives back $545M in surplus
The size of the state surplus has triggered Indiana’s automatic tax-refund law, with an estimated $545 million being divided evenly among 4.3 million taxpayers.
Federal Reserve to tighten credit faster, sees three rate hikes in 2022
The Fed’s policy change does carry risks. Raising borrowing costs too fast could stifle consumer and business spending. That, in turn, would weaken the economy and likely raise unemployment.
Jimmie Johnson to run Indy 500, full IndyCar schedule
The seven-time NASCAR champion had been speeding toward the Indy 500 decision he finally announced Wednesday since he moved to IndyCar earlier this year.
Retail sales rise modest 0.3%, but optimism still buoyed
With Americans paying more across the board for necessities like food and gas, the slowdown in spending may be an indication of inflation fatigue.