Interest rates have been cut, but mortgage rates are rising
The Fed’s move to start cutting rates has not sent mortgage costs down. Instead, the 30-year fixed-rate mortgage has ticked up for the last five weeks.
Latest News
Articles
Court dismisses doctor’s suit against IU Health for terminating medical privileges
The Indiana Southern District court affirmed that the vascular surgeo’s claims against the hospital did not constitute a legitimate antitrust case, stating his allegations of breach of contract and defamation were also without merit.
Lucas Oil Products moves headquarters from California to Indy’s Keystone corridor
An affiliate of the automotive lubricant company acquired the two-story building near the Fashion Mall at Keystone last year for $9.5 million.
Boeing factory strike ends as workers vote to accept contract
According to the International Association of Machinists and Aerospace Workers, the 33,000 workers it represents can return to work as soon as Wednesday or as late as Nov. 12.
Control of Congress at stake as Election Day arrives
The key contests are playing out in unexpected corners of the country after what has been one of the most chaotic congressional sessions in modern times. In the end, just a handful of seats, or as little as one, could tip the balance in either chamber.
Kevin Freeman out at radio station WFMS after 34 years
Kevin Freeman teamed with Country Radio Hall of Fame member Jim Denny to launch the “Jim & Kevin Show” on WFMS 95.5-FM in 1996.
Stephanie White’s return to Indiana Fever seen as homecoming
New Indiana Fever coach Stephanie White and members of the team’s front office expressed their thoughts on White’s return to the franchise during a Monday afternoon introductory news conference.
Henry Street Bridge contractors find grave shafts, human remains during excavation
Multiple grave shafts, skeletal remains, monument fragments, a coffin and coffin hardware were among the discoveries attributed to archaeologists at the project site.
Regal UA Circle Centre movie theater closes after 29 years
The nine-screen complex on the fourth floor of Circle Centre Mall served as one of the shopping center’s original attractions.
Indiana National Guard leader to retire
Maj. Gen. R. Dale Lyles will retire from his role leading the Indiana National Guard in January, Gov. Eric Holcomb’s office announced Monday.
Elevance Health sues feds over ‘arbitrary and capricious’ star ratings for Medicare Advantage plans
At stake are billions of dollars in bonuses that the Centers for Medicare and Medicaid Services awards to insurers that achieve a certain start rating on their Medicare Advantage scores.
Voting line wait exceeds two hours at City-County Building as early voting ends
Hundreds of voters stood in a line that wrapped around Lugar Plaza outside the Indianapolis City-County Building on Monday morning.
As holidays approach, stores banking on more sales of supersize TVs
Shipments of 98-inch TVs to the U.S. are picking up pace this year, and models as huge as 110-115 inches are on the market.
Fred Cartwright to retire as head of Conexus Indiana
Conexus credited Cartwright with expanding its partnership with the Indiana Economic Development Corp. through the Manufacturing Readiness Grants.
New York church sues Indy-based Disciples of Christ fund over disputed loan
La Hermosa Christian Church filed the suit after the nonprofit lender allegedly declined to release $7.3 million in loan funding advances for a proposed development on the church’s property near Central Park.
Democrat spending on legislative races pales in comparison to Republicans
Republicans are pouring financial resources into a handful of legislative races around the state, recognizing potentially tight margins with an aim to protect the party’s supermajority hold in the General Assembly.
Many retailers offer ‘returnless refunds,’ but they don’t talk much about it
Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.
Indianapolis-based KSM acquires New York City-based firm
Katz Sapper & Miller, the largest accounting firm in Indianapolis, has significantly increased its presence in New York City through the acquisition.
IBJ Podcast: Inside the plan to extend life expectancy for residents of five Indy neighborhoods
The Indy Health District’s leaders want to find solutions for the issues weighing heaviest on these neighborhoods, including housing, transportation, land use, safety and food deserts.
Early voting turnout high as nearly 47% of 2020 electorate cast ballots
To a striking extent, Americans are not waiting for Election Day to vote. More than 74 million people had already cast their ballots as of Saturday.