Trump says he’s not backing down on tariffs, calls them ‘medicine’ as markets reel
President Trump’s comments came as global financial markets appeared on track to continue sharp declines once trading resumes Monday.
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Cedric Dempsey, former NCAA president who moved HQ to Indy, dies at 92
Dempsey oversaw the organization’s move from the Kansas City suburbs to Indianapolis in 1999 and helped reimagine how the governing body could work best in the 21st century.
Skyrocketing cost of weight-loss drugs has state Medicaid programs looking for solution
At least 14 states already cover the cost of GLP-1 medications for obesity treatment for patients on Medicaid. Indiana is not one of them.
Senate takes a crucial step toward extending Trump tax cuts
The framework now moves to the House, which must pass it before lawmakers can start working on the bill itself.
Trump administration nixes plan to cover anti-obesity drugs through Medicare
President Trump’s predecessor, Joe Biden, proposed a rule in late November after Trump won re-election that would have extended coverage of drugs like Zepbound and Wegovy.
Police apprehend man waving gun on Circle
IBJ reporters and editors watched the incident from IBJ Media’s third floor office in the AES building in the southeast quadrant of the Circle.
House property tax plan would mean lower bills for most homeowners, big changes in system over time
To achieve immediate tax relief, the plan would create a credit worth up to $200 on all homeowners’ property tax bills beginning in 2026.
Trump extends TikTok deadline another 75 days
The administration said it needs more time to broker a deal to bring the social media platform under American ownership.
Advanced manufacturing training program is evolving to better prep workers for Industry 4.0
Conexus wants to move its Catapult programming on-site with manufacturers that want to hire Catapult graduates. And it plans to reduce its own role in the program.
Modest legislative proposal aims to enhance Indiana tax credit
A bill that would tweak language from a 2022 law establishing a filmmaking tax credit might make the languishing credit more likely to attract productions and generate economic activity.
Three years later: Where’s Hy-Vee?
In 2022, Iowa-based Hy-Vee said it would build a pair of 150,000-square-foot stores in the suburbs north of Indianapolis: one in Zionsville and another in Fishers. The company hasn’t broken ground at either site.
New lender’s approach will be a first for state
Evansville-based Old National Bank is working on a first-of-its-kind effort: the launch of an Indiana-based bank whose target customers are minorities and those underserved by traditional banks.
Q&A with JGA CEO Lee Ernst, who helps nonprofits raise money
Johnson Grossnickle & Associates helps as many as 65 nonprofit clients each year boost their relationships with donors and raise the money they need to achieve their missions.
Wall Street heavyweights take a drubbing, from airlines to Big Tech
Few sectors were spared in trading Friday, a day after U.S. companies lost $2 trillion in value.
Lawsuit accuses DraftKings, FanDuel of driving ‘compulsive gambling’
The city of Baltimore accuses the sports betting companies of violating state and city law by engaging in “unfair and deceptive practices.”
Federal Reserve chief says tariffs likely to raise inflation, slow economic growth
Federal Reserve Chair Jerome Powell’s focus on inflation suggests that the Fed will likely keep its benchmark interest rate unchanged at about 4.3% in the coming months.
U.S. added 228,000 jobs in March, nearly doubling expections
The unemployment rate rose modestly but for what economists consider a good reason: 232,000 people entered the labor force.
State leaders say potential federal funding cuts unlikely to cause special session
The Trump administration is considering cuts or changes to spending on Medicaid, education and other programs that could impact the state budget.
Despite CHIPS Act uncertainty, semiconductor industry insiders remain hopeful
President Donald Trump has spoken out against the CHIPS Act, meant to incentivize semiconductor-related development in the U.S., but industry insiders say they’re optimistic the initiative will survive.
Indiana bill roundup: Heavy-hitters on deck ahead of committee deadline
Several of the session’s most important pieces of legislation—including bills affecting the budget, property tax relief and health care transparency—will be heard, amended and passed out of committee next week.