U.S. consumer confidence falls in August to six-month low
The Conference Board said that concerns about the resurgence in COVID cases as well as worries about rising gas and food prices contributed to the drop.
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Compliance mixed for Indiana University’s vaccine mandate
The highest student vaccination rates are at the largest IU campuses in Bloomington and Indianapolis. But rates were much lower at the five other principal regional campuses.
QB Wentz to sit out as Colts add three starters to COVID-19 list
COVID-19 has been a concern for the Colts, who have consistently ranked near the bottom of the league in vaccination rates.
Record numbers of COVID-19 cases reported in Indiana schools
More than 5,500 new cases were reported among Indiana students in Monday’s weekly update of the state’s coronavirus school dashboard.
Indiana health commissioner defends maskless wedding photo
Dr. Kristina Box said in a statement that she “made an informed decision” to take off her mask while dancing or talking at a recent family wedding with guests fully vaccinated against COVID-19. Several social media comments called Box’s actions hypocritical.
Ida: Economists foresee only modest damage to U.S. economy
Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast, but the extent will depend on whether refinery shutdowns are prolonged, economists suggested Sunday.
Indianapolis group wants sections of I-65, I-70 underground
Rethink Coalition Inc, in partnership with the Indy Chamber, put together a $2.8 billion proposal to rebuild the “Inner Loop” partially underground, which the researchers say would connect communities and save far more room for economic development and green space.
Indiana State University sees 13% drop in student enrollment
Indiana State University is continuing to see sharp declines in student enrollment even as other universities in the state have more students arriving on campus.
Indiana high court rejects AG’s bid to stall governor’s powers lawsuit
Gov. Eric Holcomb’s lawsuit argues a law passed in April over his veto by the Legislature is unconstitutional because it gives lawmakers a new power to call themselves into a special legislative “emergency session” during statewide emergencies declared by the governor.
U.S. consumer spending slows, while inflation hits three-decade high
Consumer prices over the past 12 months have risen 4.2%, the biggest 12-month gain since a 4.5% increase for the 12 months ending in January 1991.
Powell: Fed on track to slow down aid for economy later this year
In a speech being given virtually to an annual gathering of central bankers, Federal Reserve Chairman Jerome Powell stressed that the beginning of tapering does not signal any plan to start raising the Fed’s benchmark short-term rate.
Southwest trims schedule in effort to solve flight problems
Southwest Airlines said Thursday it will cut its September schedule by 27 flights a day, or less than 1%, and chop 162 flights a day, or 4.5% of the schedule, from early October through Nov. 5.
Apple loosens app store payment rules in lawsuit settlement
Apple has agreed to let developers of iPhone apps email their users about cheaper ways to pay for digital subscriptions and media by circumventing a commission system that generates billions of dollars annually for the iPhone maker.
Supreme Court allows evictions to resume during pandemic
The court’s action late Thursday ends protections for roughly 3.5 million people in the United States who said they faced eviction in the next two months.
Loan forgiveness offered to more former ITT Tech students
The Education Department announced Thursday it will forgive student debt for more than 100,000 borrowers who attended colleges in the now-defunct, Carmel-based ITT Technical Institute chain but left before graduating.
Illinois requires educators, health workers to get vaccine
Illinois Gov. J.B. Pritzker on Thursday announced new safety protocols that also include a fresh statewide mandate for masks to be worn indoors.
Music industry weighs vaccine mandates, but politics collide
The coronavirus vaccine gave the live entertainment industry hope for a rebound in 2021. Now, as COVID-19 cases surge and hospital beds fill up, it feels like March 2020 all over again.
Dilemma for Fed chief: High inflation and a surging virus
The uncertainties raised by the delta variant make it likelier that the Fed will announce a tapering in November or later, economists said, rather than in September. That would allow Fed officials to consider two additional months of data on inflation and jobs to gauge the delta variant’s impact.
Poll: Half of U.S. employees favor workplace shot mandate
The sentiment is similar for workplace mask mandates, with 50% of Americans working in person favoring them and 29% opposed, while 59% of remote workers are in favor.
U.S. slightly upgrades GDP estimate for last quarter
The U.S. economy grew at a robust annual rate last quarter, slightly faster than previously estimated, the government said Thursday in a report that pointed to a sustained consumer-led rebound from the pandemic recession.