U.S. economy headed for downturn in second half of 2023, forecasters say
Economists now see a sharper decline in private investment in the second half of the year than previously projected.
Latest News
Articles
VeeCon creator sees big potential in NFTs beyond digital art
Marketing guru, public speaker and entrepreneur Gary Vaynerchuk, who is Indianapolis this week for his VeeCon convention, is bullish on NFTs.
Indy moves ahead with pet sale restrictions, but will state lawmakers stop them?
Some state lawmakers tried and failed to pass legislation that would have prevented Indianapolis from enforcing its ordinance. But the legislator who authored the bill says he plans to try again next year.
Home construction rise in Marion County bucks area trend
The Indianapolis area continued to see a slump in residential construction last month despite a big jump in single-family building permits in Marion County.
Most beauty school programs would be in jeopardy under Biden proposal
Under a new proposal intended to protect students, nearly two-thirds of cosmetology certificate programs at for-profit colleges would risk losing federal funding. So would more than a third of such programs in massage therapy and dental support.
Twitter accuses Microsoft of misusing its data, foreshadowing possible fight over AI
Twitter owner Elon Musk has previously accused Microsoft and its partner OpenAI of “illegally” using Twitter data to develop sophisticated AI systems such as ChatGPT.
Bipartisan bill aims to require AM radio in new cars
The proposed “AM for Every Vehicle Act” arrives as more and more automakers say goodbye to AM radio in newer car models.
Indiana unveils new interstate signage to welcome visitors
The Indiana Department of Transportation plans to install 19 interstate signs reading “More to Discover IN Indiana” by May 26 and another 57 by the end of June.
Indianapolis auction may extend glory days for Springsteen muscle car
On Saturday, Mecum is scheduled to auction a 1969 Chevrolet Chevelle convertible that Bruce Springsteen owned in the 1980s.
Fewer Americans apply for jobless benefits as labor market still showing strength
Since the pandemic purge of millions of jobs three years ago, the U.S. economy has added jobs at a breakneck pace and Americans have enjoyed unusual job security.
Walmart shines in rough retail environment, ratchets up outlook
Walmart reported strong first-quarter sales results as the nation’s largest retailer’s pledge of lower prices continues to draw budget-conscious consumers.
Federal Reserve officials split over what to do next to fight inflation
The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates, leaving the outlook for the Fed’s policies cloudier than at any time since it unleashed a streak of 10 straight rate hikes.
Supreme Court sides with Google, Twitter, but avoids ruling on broader protections
The justices unanimously rejected a lawsuit alleging that the companies allowed their platforms to be used to aid and abet an attack at a Turkish nightclub that killed 39 people in 2017.
Latest Census estimates show Indy losing population, but at slower rate
Meanwhile, the Indianapolis suburbs continue their growth, with Hamilton County cities among the nation’s fastest-growing municipalities.
Developer looks to build 400 homes near LEAP district in Lebanon
The proposal calls for Spring Creek to be divided into four areas that include 170 single-family houses, 130 duplex units, 100 townhouses and 25 acres of commercial space.
Fishers-based Formstack announces significant layoffs
The laid-off employees’ profiles indicate that the cuts spanned multiple departments at Formstack, including marketing, public relations, human resources, customer service, sales and product design.
EPA rule could force clean-up of toxic coal ash in landfills, power plant ponds
More than a third of coal ash sites are in five states, Indiana, Illinois, Ohio, Pennsylvania and Kentucky, according to data compiled by Earthjustice.
New rule targets college programs that leave grads with low income, high debt
The rule is expected to put many for-profit college programs in jeopardy. At not-for-profit colleges, it would have no effect beyond certificate programs, which often focus on career training.
Bottleworks Hotel tops Yelp’s national list of best places to stay
The only other Indiana lodging choice to make the list was ranked 27th and is operated by the same company that oversees Bottleworks Hotel.
Community Health opens rehab hospital in Brownsburg
Community Health said the 50,000-square-foot hospital at 8920 E. 56th St. has 40 beds and is designed to address a growing need for inpatient rehab services throughout central Indiana.