Powell reinforces Fed’s cautious approach toward further interest rate hikes
At the same time, in a panel discussion at the International Monetary Fund, Powell did not rule out another rate hike to help reduce inflation to the Fed’s 2% target level.
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Abortion providers seek to broaden access to procedure in Indiana
Abortion providers and a pregnancy resource center sought a preliminary injunction Thursday to broaden the scope of a health or life exception to Indiana’s near-total abortion ban and to expand the sites where the procedures can be performed.
Former IU Foundation employee sentenced to year in prison for embezzlement
During her employment, Teresa Maners stole hundreds of thousands of dollars from the foundation by taking cash before recording it in the foundation’s accounting systems.
Census Bureau sees older, more diverse America in 2100 in three immigration scenarios
The population projections offer a glimpse of what the nation might look like at the next turn of the century.
Comedian Nimesh Patel engages audiences on his terms
Former “SNL” writer Nimesh Patel will bring his “Fast and Loose” tour to the Egyptian Room in Old National Centre on Nov. 18.
Indy council to consider imposing fee on Mile Square property owners
The proposal would result in a $250 flat fee on owners of single-family, residential parcels, while other properties would be charged 0.1681% of assessed value.
Share of U.S. homes bought with cash hits highest level in nearly a decade
Homebuyers who can afford to bypass the highest mortgage rates in two decades are increasingly forgoing financing and paying all cash.
Amazon takes another shot at virtual health care services
The e-commerce giant says its Prime customers can now get quick access to a health care provider through a program that costs $9 a month or $99 annually.
State revenue under projections for first time this fiscal year
The state budget plan predicted revenue of about $1.6 billion but collections were short $139 million: almost 9% below expectations, according to a monthly revenue report.
Republic Services to build plastics recycling operation on south side
Republic Services called the development the “nation’s first integrated plastics recycling facility,” designed to address increasing demand from consumers and packaging manufacturers for recycled plastic.
Carmel condo at top of City Center could fetch up to $7.5M
The SkyPalace has five bedrooms, a room with three bunk beds, a rooftop pool, eight parking spots, three private entrances, two hidden passages, a safe room, a sauna, three fire pits, three outdoor grilling areas and a bar.
Starbucks to launch store in Mile Square after leaving Monument Circle
The coffee shop is among several improvements planned for the 11-story office building that is headquarters to Kite Realty Group.
Tentative IPS teacher contract includes average 3% pay raises, more time off
Under the agreement, the estimated salary range for teachers in the the 2024-25 school year would be $53,460 to $94,000.
Lilly bracing for demand crush for newly approved obesity drug
The Indianapolis-based drug company is ramping up manufacturing capacity to avoid possible shortages and to meet potentially huge demand in a nation where more than 40% of adults are classified as obese.
Braun launches first TV ad in gubernatorial bid
U.S. Sen Mike Braun is the fourth Indiana GOP gubernatorial contender to go on air with campaign advertising.
General Motors says it’s only interested in entering Formula One with Andretti Global
General Motors plans to send a small group of executives to next week’s Las Vegas Grand Prix in hopes of jump-starting conversations with F1 and series owner Liberty Media about the Andretti application.
Hollywood actors strike ends as union reaches tentative deal with studios
At nearly four months, it was by far the longest strike ever for film and television actors.
FDA approves Lilly’s diabetes drug for weight management
Eli Lilly and Co.’s hot-selling diabetes drug, Mounjaro, will now be sold for a second use, chronic weight management, using a separate brand name, Zepbound.
RH sets opening date for store, restaurant at former DeHaan estate
The public will be able to shop seven days a week at the previously gated 41,762-square-foot mansion known as Linden House.
State Rep. Haggard announces congressional bid—if incumbent doesn’t run
First-term state Rep. Craig Haggard said he’ll run for Congress whenever incumbent U.S. Rep Jim Baird of Indiana leaves his post—whether that’s in 2024 or afterward.