Cigarette, gas tax hikes coming to Indiana on July 1
The cigarette tax hike is the result of a last-minute compromise by Indiana legislators to address a projected revenue shortfall of $2 billion over the biennium.
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Pittsboro residents ask court to halt planned Hendricks County data center
Pittsboro officials annexed the property into the town late last year. In March, Pittsboro’s town council unanimously approved Vantage’s request to rezone the land.
IPS school board OKs new plan for closed John Marshall school
The school board voted unanimously Thursday night to divide the property into three separate parcels.
Existing-home sales in central Indiana tick up after 4 months of declines
The median sales price for a home in the area rose 1.4% in May, while the active inventory of homes climbed 20.5% on a year-over-year increase.
Unemployment among young college graduates outpaces overall joblessness rate
The unemployment rate for degree holders ages 22 to 27 has reached its highest level in a dozen years, excluding the pandemic. Joblessness among that group is higher than the overall unemployment rate, and the gap is larger than it’s been in more than three decades.
NCAA considering proposal to allow college athletes, staff to bet on pro sports
The shift comes as the Indianapolis-based organization grapples with the growth of legalized gambling across the United States.
11 Eastern Europeans charged in $10.6B Medicare fraud scheme
Prosecutors say the organization bought more than 30 previously legitimate U.S. companies and turned them from lawful businesses into consistent vehicles for fraud.
Stocks rise to brink of a record, recover nearly all their 20% springtime drop
Wall Street’s worries about Trump’s tariffs have receded since the president stunned the world in April with stiff proposed levies, but they have not disappeared.
Indianapolis airport adds basketball court for WNBA All-Star festivities
On-court activities leading up to the July 19 All-Star Game range from a communal Zumba workout to an exhibition of disc-catching dogs.
Economy shrank more than previously estimated in first quarter
Economists expect growth to bounce back to 3% in the second quarter, according to a survey of forecasters.
Indiana lawmakers release bill-shaping interim committee topics
The Indiana Legislative Council on Wednesday approved the nearly two dozen topics that lawmakers will examine in interim study committees through the end of October.
GE Appliances moves washing machine production from China to Louisville with $490M investment
In all, production of more than 15 models of front load washers will shift to the company’s sprawling Louisville production complex—known as Appliance Park.
Formstack rebrands, relocates from Fishers to Colorado
Workplace-productivity software company Formstack was once one of the fastest-growing tech companies in the area and landed a state-record growth investment. Now, it has a new name and most of its operations are in Denver.
Indiana taxpayers pay nearly $500K for Rokita’s disciplinary defense
The state paid four law firms between 2022 and 2025 to represent Attorney General Todd Rokita in at least six separate matters before the Indiana Supreme Court Disciplinary Commission.
States can cut off Medicaid funding to Planned Parenthood, Supreme Court rules
While Medicaid law allows people to choose their own provider, it doesn’t make that a right enforceable in court, the justices found.
IU School of Medicine opens new $230M education and research building
The school’s primary classroom and education facility is being moved from its longtime home on the Indianapolis campus to be closer to the new IU Health teaching hospital, set to open in 2027.
Caitlin Clark ruled out for Sparks game with injury
Clark, last year’s WNBA Rookie of the Year, has already missed five of the team’s 14 games this season with a left quadriceps strain.
Epcon Communities planning 362-home development in Zionsville
The Courtyards of Heritage Trail would be Epcon’s eighth and largest Courtyard community in the metropolitan area.
Amid ongoing Elevate Ventures funding freeze, some companies approved for investments
Also, at Wednesday’s meeting, the IEDC board’s entrepreneurship committee updated the investment policy for the Indiana Angel Network Fund III LLC—the investment fund managed by Elevate Ventures through which the SSBCI money flows.
Maureen Weber stepping down as leader of Early Learning Indiana
Weber has been president and CEO of Early Learning Indiana since 2018.