Luxury retailer Saks Global files for bankruptcy as it prepares to restructure
Saks Fifth Avenue closed its store at The Fashion Mall at Keystone in April 2024, but it operates The Fifth Avenue Club at Ironworks Hotel Indy at 2721 E. 86th St.
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Wall Street pulls back from its records as JPMorgan Chase and Delta kick off earnings season
U.S. companies are under pressure to deliver strong growth in profits to justify the runs to records their stock prices have made.
Trump visits Ford plant and defends his tariffs, hoping to counter jitters about the economy
“All U.S. automakers are doing great,” Trump said.
Inflation cooled slightly in December–though it remains above Fed’s target
Signs that inflation is cooling could make it more likely that the Federal Reserve will reduce its key interest rate later this year, which could translate into lower borrowing costs for mortgages, auto loans and credit cards.
Apple calls on Google to help smarten up Siri and bring other AI features to the iPhone
Apple’s AI missteps prompted the Cupertino, California, company to acknowledge last year that its Siri upgrade wouldn’t happen until some point during 2026.
Court says Trump admin illegally blocked billions in clean energy grants to Democratic states
The grants supported hundreds of clean energy projects in 16 states, including battery plants, hydrogen technology projects, upgrades to the electric grid and efforts to capture carbon dioxide emissions.
Google teams up with Walmart and other retailers to enable shopping within Gemini AI chatbot
Google, OpenAI and Amazon all are racing to create tools that would allow for seamless AI-powered shopping by taking chatbot users from browsing to buying within the same program instead of having to go to a retailer’s website.
Lawsuits by Trump allies could shape how the 2030 census is done and who will be counted
As the challenges work their way through the courts, the Census Bureau is pushing ahead with its planning for the 2030 count and intends to conduct practice runs in six locations this year.
Indiana QB Fernando Mendoza is going home for championship game
The Heisman Trophy-winning quarterback grew up in Miami and attended Christopher Columbus High School, roughly 30 minutes south of Hard Rock Stadium.
It’s Indiana and Miami in a college-football title matchup that once seemed impossible
Against the odds, Miami and Indiana have a date in the College Football Playoff final—a first-of-its-kind matchup on Jan. 19 in the second national title game of the expanded-playoff era.
IU earns spot in title game with dominating win over Oregon in Peach Bowl
The top-ranked Hoosiers will play No. 10 seed Miami, which advanced with a 31-27 victory over Mississippi on Thursday night in the first CFP semifinal at the Fiesta Bowl.
Sluggish hiring closes out frustrating year for job seekers, but unemployment slips to 4.4%
Economists were encouraged by the lower unemployment rate, which had risen in the previous four straight reports.
IU, Oregon coaches and coordinators juggle transfer portal chaos amid playoff race
In October, the Indianapolis-based NCAA shifted from two portal windows to one. The 15-day transactional window now spans from Jan. 2-16, giving players and coaches alike just over two weeks to set themselves up for success the following season.
Pacers coach Rick Carlisle gets his 1,000th victory after monthlong wait as team ends 13-game skid
Carlisle became the 11th NBA coach to reach the milestone when the Pacers won 114-112 at Charlotte. He’s the first coach to join the group since Doc Rivers in November 2021.
Trump wants government to buy $200B in mortgage bonds to bring down mortgage rates
The average 30-year fixed rate mortgage was about 6.2% on Thursday, down from nearly 7% when President Donald Trump took office.
Immigration policies, lower fertility rate slow US growth projection, budget office says
The U.S. population is projected to grow by 15 million people in 30 years, a smaller estimate than in previous years.
Google adds new AI features to Gmail, turning it into a personal assistant
Gmail’s new AI options will only be available in English within the U.S. for starters, but the company is promising to expand the technology to other countries and other languages as the year unfolds.
Slightly more Americans filed for jobless benefits in last week of 2025, but layoffs remained low
The Labor Department reported that businesses posted far fewer jobs in November than the previous month, a sign that employers aren’t yet ramping up hiring even as growth has picked up.
Trump officials loosening strings on federal education money for conservative states
Education Secretary Linda McMahon approved Iowa’s plan Wednesday. Indiana and Kansas have also applied to be exempted from certain parts of federal education law, and leaders of other states have expressed interest.
Warner Bros rejects Paramount takeover again, tells shareholders to stick with Netflix bid
Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures—and urged shareholders to back its the sale of its streaming and studio business to Netflix for $72 billion. Paramount, meanwhile, has made efforts to sweeten its $77.9 billion hostile offer for the entire company.