Fed’s favored inflation gauge shows cooling price pressures
The ongoing decline in inflation makes it even more likely that the Federal Reserve will cut its key benchmark rate further in the coming months.
Latest News
Articles
What to expect as Braun, McCormick go head-to-head in back-to-back debates
The two major party candidates running for Indiana governor—Republican U.S. Sen. Mike Braun and Democrat Jennifer McCormick—will spend close to two hours pitching their policy plans and attempting to resonate with voters next week in back-to-back televised debates.
The Bee Corp. dissolves, but its technology lives on
The company’s signature technology, called Verifli, uses infrared imagery, data analytics and a smartphone app to determine the size of the bee colony inside a hive—a faster and less invasive method than manually inspecting the hive.
Two Chicks District Co. store closing in Noblesville
Sunday is planned as the final day of operations at the Two Chicks District Co. store founded by “Good Bones” star Mina Starsiak Hawk.
Indianapolis-based Greenwalt CPAs to merge with Cincinnati firm
Following the merger, which takes effect Jan. 1, Greenwalt will operate under the Barnes Dennig & Co. name.
Southwest Airlines to launch assigned seating, premium cabin in 2025
Southwest plans to begin assigned seating in the “second half” of next year, the airline said. The shift does away with its trademark open seating, where travelers can pick any seat they want after boarding a flight.
Attorneys tweak $2.78B college settlement, remove the word ‘booster’ from NIL language
The new language and replacement of the hazily defined “booster,” which has played a big role in the Indianapolis-based NCAA’s rulebook for decades, is designed to better outline which sort of deals will come under scrutiny under the new rules.
Google expert at antitrust trial says government underestimates competition for online ad dollars
The government’s case alleges Google has built and maintained an illegal monopoly that restricts choices and inflates costs for online publishers and advertisers.
Sweeping bill to overhaul Supreme Court would add six justices
The legislation by Sen. Ron Wyden (D-Ore.) is one of the most ambitious proposals to remake a high court that has suffered a sharp decline in its public approval after a string of contentious decisions and ethics scandals in recent years.
Economy grew at solid 3% rate last quarter, government says in final estimate
Business investment increased at a vigorous 8.3% annual pace last quarter, led by a 9.8% rise in investment in equipment.
Cook Group sues Lloyd’s of London underwriter for refusing to honor $10M policy
More than 6,000 people have filed claims against Cook in connection with its inferior vena cava filters, which are small, metal, cage-like devices inserted into a vein that returns blood from the lower half of the body to the heart.
McCormick seeks to ‘reform’ IEDC as part of economic development plan
Jennifer McCormick, the Democratic candidate for governor, released a set of economic development policy goals Thursday morning that call for “reform and increased transparency” in the Indiana Economic Development Corp.
Braun health care plan builds on legislative action that previously failed
In contrast to Gov. Eric Holcomb, who largely stayed out of ongoing legislative negotiations, Braun firmly put his thumb on the scale in favor of one perspective over another across several contentious, ongoing discussions.
Billy Joel and Sting to share bill at Lucas Oil Stadium
Tickets for the Billy Joel and Sting concert at Lucas Oil Stadium go on sale to the general public at 9 a.m. Oct. 4.
North of 96th roundup: Doughnut shops among businesses opening in north suburbs
Multiple retailers, restaurants and other businesses recently opened or began planning new locations in the north suburbs of Indianapolis.
Steelworkers lose arbitration case against U.S. Steel in their bid to derail sale to Nippon
An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce.
Indiana Fever eliminated from playoffs by Connecticut Sun
The loss prevents the Fever from returning home for a sold-out game Friday night in Indianapolis, where tickets on the secondary market were priced at hundreds to thousands of dollars.
Price of gold keeps climbing to unprecedented heights. Here’s why.
Gold hit another all time high this week. Recent gains for the precious metal are largely credited to ongoing economic uncertainty, geopolitical tensions and strong demand from central banks around the world.
Congress passes temporary bill to avoid shutdown as lawmakers punt spending decisions to December
Lawmakers in both chambers are anxious to return to their home states and districts to campaign, smoothing the path for passage of the temporary funding fix. But more arduous fiscal negotiations await them at the end of the year.
Fluoride in drinking water poses enough risk to merit new EPA action, judge says
Last month, a federal agency determined “with moderate confidence” that there is a link between higher levels of fluoride exposure and lower IQ in kids.