Indianapolis matches 2020 homicide record with 215th death
A man was shot and killed early Sunday in Indianapolis, taking the number of criminal homicides in the city this year to a record-tying 215.
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Elkhart-area RV industry boosted by record shipments
Figures compiled by the RV Industry Association show factories shipped about 55,000 units during September, setting a record for most shipments in a single month and a 32% increase from September 2020.
G-20 endorses global corporate minimum tax at Rome summit
U.S. Treasury Secretary Janet L. Yellen predicted that the deal on new international tax rules, with a minimum global tax, will benefit American businesses and workers and “end the damaging race to the bottom on corporate taxation.”
Wages jump by the most on records dating back 20 years
The data further illustrates the rising leverage workers have gained in the job market this year, and they are commanding higher pay, more benefits, and other perks like flexible work hours.
U.S. consumer spending up modest 0.6% amid high inflation
American consumers slowed their spending in September, a cautionary sign for an economy that remains in the grip of a pandemic and a prolonged bout of high inflation.
Schools debate: Gifted and talented, or racist and elitist?
Increasingly, parents and school boards are grappling with difficult questions over equity, as they discuss how to accommodate the educational aspirations of advanced learners while nurturing other students so they can equally thrive.
Indiana lawmaker quitting after split over GOP redistricting
Republican Sen. Ron Grooms of Jeffersonville had said in June that he wouldn’t seek reelection next year to the Senate seat he first won in 2010, but he announced Thursday he would step down from office effective Tuesday.
GE Appliances announces $450 million investment in Indiana’s neighbor
GE Appliances—which at one time employed thousands of people in Indiana—announced plans Thursday to add more than 1,000 jobs at its sprawling Kentucky operations as part of a $450 million investment to boost capacity and launch new products.
Biden announces ‘historic’ deal, asks Democrats for votes
President Biden’s remarks at the White House came after he traveled to Capitol Hill to make the case to House Democrats for the still robust domestic package—$1.75 trillion of social services and climate change programs the White House believes can pass the 50-50 Senate.
U.S. jobless claims drop to pandemic low of 281,000
In all, 2.2 million people were collecting unemployment checks the week of Oct. 16, down from 7.7 million a year earlier.
U.S. economy slowed to 2% growth rate last quarter in face of COVID
Consumer spending, which fuels about 70% of overall economic activity, slowed to an annual growth rate of just 1.6% after having surged at a 12% rate in the previous quarter.
Starbucks raising U.S. workers’ pay as union effort looms
Starbucks’ North America President Rossann Williams said the pay raises not only support workers but will enhance recruitment efforts in a challenging labor market. The company said it’s the third time in 24 months that it has raised workers’ pay.
Biden urges end to talks on spending bill as Dems eye new surtax
Top Democratic leaders are signaling a deal is within reach even though momentum fizzled and tempers flared late Wednesday after a billionaires’ tax and a paid family leave program fell out of the Democrats’ sweeping bill.
Ford, GM profits fall as sales drop due to chip shortage
The global computer chip shortage cut into third-quarter profits at both Ford and crosstown rival General Motors, with both companies having to temporarily close factories, pinching supplies on dealer lots.
Indiana city offering stand-in ‘grandparents’ to attract new workers
The relocation package also includes $5,000 in cash, invitations to home-cooked meals at neighbors’ homes, a one-year membership to the local coworking space and YMCA, free gift cards to the seasonal farmers market, and tickets to productions at the local playhouse.
Retail trade group sees big holiday sales gain despite supply issues
The trade group said Wednesday that it predicts that sales for the November and December period will grow between 8.5% and 10.5%.
Exacerbated by pandemic, child care crisis hampers economy
The absence of reliable and affordable child care limits which jobs people can accept, makes it harder to climb the corporate ladder and ultimately restricts the ability of the broader economy to grow.
Pelosi upbeat on Biden deal but Manchin pans billionaire tax
House Speaker Nancy Pelosi’s upbeat comments came as President Biden and Democrats try to strike agreement soon on his big proposal, now about $1.75 trillion in social services and climate change programs
Retailers dreading potential holiday shortages
Because of bottlenecks in the global supply chain, many stores like Pigg’s are scrambling to try to get all the inventory they can ahead of the crucial holiday shopping season.
Report urges greater diversity for Indiana State Police
An external review of Indiana’s state police agencies found they need to bolster the recruitment and promotion of minority and female officers and increase training about racial bias.