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The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. The central bank’s focus has shifted quickly from inflation to jobs, as hiring has ground nearly to a halt in recent months
Martin was part of a team of journalists from IndyStar and three other news organizations that won the 2021 Pulitzer in the category of national reporting.
IBJ reported earlier this week that the developers faced foreclosure on the Gold Building and its two adjacent properties without the loan.
The company said full-time employees, on average, will see their pay increase by $1,600 per year.
The deal follows a June announcement in which Tommy Hilfiger, an American fashion brand, was named the official apparel partner for the Fishers-based team that will debut on the Formula 1 grid in 2026.
Big Sandy Superstore, which sells furniture, appliances, mattresses and electronics, opened its first area store last month in Plainfield.
If approved, Maple Lane Club of Bradley Ridge would be Henke Development’s fourth major residential project in Zionsville.
Slimfast, founded in 1977, is known for its once-popular line of meal-replacement shakes, but the brand has struggled with the emergence of new weight-loss pharmaceuticals.
Eli Lilly and Co. and Novo Nordisk have been locked in a fierce battle to control the obesity market, which is projected to reach $100 billion by the end of the decade.
The companies are creating the Interventional MRI Suite, the first integrated, ionizing radiation-free product providing clinicians with real-time guidance for procedures.
A divided Indiana Supreme Court on Monday reversed an appeals court decision and upheld a $700,000 judgment.
The state funding package will help pay for a slew of water infrastructure improvements, including a new water plant, new water wells and the replacement of all lead pipes.
Publicly traded RCI Hospitality owns and operates more than 60 clubs and sports bars and restaurants across the country, including PT’s Showclub Indianapolis, at 7916 Pendleton Pike.
The government estimates the move will save millions of dollars a year because electronic payments are much more cost-efficient.
The budget proposal presented by Mayor Scott Fadness to the Fishers City Council for next year also contains funding for seven road projects, including multiple roundabouts.
The Fever hosted their first playoff game since 2016 and fed off the energy of the rowdy crowd at Gainbridge Fieldhouse to earn their first postseason win since Oct. 11, 2015.
The 9.4-acre property was listed July 30 for $12 million and a sale was pending five days later. The property bordering Crooked Stick Golf Club features a 25,843-square-foot main residence and a 2,700-square-foot guest house.
Using $10 million appropriated by the Legislature, the state’s Office of Commerce says it will provide grants to employers to offer training with the goal of building skills to match the needs of their open positions.
Indiana’s second-highest official has thrown his weight behind calls for a sales tax moratorium on utility services—but, even as rates rise, the idea faces a difficult path through the General Assembly.
The project would fill out the rest of the available land in Thunderbird Commerce Park, which is situated on the former site of the Ford Visteon Plant.
