Inflation gauge tracked by the Federal Reserve falls to lowest point in 2 years
Last month’s progress in easing overall inflation was tempered by an elevated reading of “core” prices, a category that excludes volatile food and energy costs.
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UPDATE: Indiana Supreme Court upholds state’s abortion ban
The state’s high court nixed a preliminary injunction that has kept the ban on hold since September.
Supreme Court rejects Biden’s plan to cancel $400 billion in student loans
The court held that the administration needs Congress’ endorsement before undertaking so costly a program.
U.S. Supreme Court sides with web designer who won’t do gay wedding websites
In a defeat for gay rights, the Supreme Court’s conservative majority ruled Friday that a Christian graphic artist who wants to design wedding websites can refuse to work with same-sex couples.
Emmis leads $48M investment into Israel-based ad-tech startup
Emmis was the lead investor in Anzu, an Israel-based company that has developed technology that allows companies to insert targeted ads into video games in a nonintrusive way.
Early mayoral campaign ads signal costly, lengthy on-air fight
Indianapolis Mayor Joe Hogsett and Republican opponent Jefferson Shreve are expected to keep up a consistent TV ad presence in a long march toward the Nov. 7 election.
Air travelers endure another day of airport agony as United struggles
Airports in Chicago, Denver and Newark, New Jersey—all hubs for United Airlines—were seeing the most delays on Thursday, according to FlightAware.
Indiana ACLU executive director Henegar to retire
Jane Henegar plans to stay in her position with the American Civil Liberties Union of Indiana until a replacement is found, leaving by Jan. 1.
Shreve releases first general-election TV ad in race against Hogsett
The campaign commercial, created by Bullhorn Communications, will run on Indianapolis television stations from July 3 until July 16 and cost the campaign $603,000.
Indianapolis to convert parts of eight one-way streets into two-way
A $25 million federal grant will be matched with just more than $20 million in city funds, providing $46.5 million for the street conversions and for infrastructure projects.
Saying strike is ‘imminent,’ UPS gets Friday deadline from union for new contract
The Teamsters represent more than half of the company’s workforce in the largest private-sector contract in North America. If a strike occurs, it would be the first since a 15-day walkout by 185,000 workers crippled the company a quarter-century ago.
CarmelFest artist Kara Cole makes Nashville connections to grow career
Kara Cole, who will perform July 3 as part of CarmelFest festivities, is making noise as a solo artist thanks to a recent alliance with Nashville-based artist development firm Charlotte Avenue Entertainment.
What the Supreme Court ruling on race-conscious admissions means for Indiana students
In Indiana, state leaders and others are already worried about the declining college-going rate, which is especially low for Black and Hispanic and Latino students.
IEDC planning second Global Economic Summit
Happy with the results from its first-ever Global Economic Summit in May 2022, the Indiana Economic Development Corp. has lined up dates for a second one.
UPDATE: Colts’ Rodgers, Berry suspended indefinitely for violating NFL gambling policy
Isaiah Rodgers and Rashod Berry won’t be able to seek reinstatement until the 2023 season ends.
Supreme Court strengthens protections for religious rights at work
The Supreme Court sided in part with a Sabbath-observant mail carrier who quit the U.S. Postal Service after he was forced to deliver packages on Sundays.
Central U.S. getting worst of drought, stressing corn crops, lowering rivers
Experts say the drought in the central U.S. is the worst since at least 2012, and in some areas, is drawing comparisons to the 1988 drought that devastated corn, wheat and soybean crops.
Applications for jobless benefits in the U.S. retreat after three weeks of elevated claims
U.S. employers added a surprising 339,000 jobs last month, well above expectations, painting a mostly encouraging picture of the job market.
Federal Reserve might tighten financial rules due to bank failures, Powell says
Such proposals are likely to face resistance from the banking industry and some congressional Republicans, who argue that the Fed had the necessary tools to prevent the bank collapses but failed to use them.
First-quarter U.S. economic growth revised up sharply
Despite the big increase, the government’s third and final report on January-March economic growth still marked a deceleration from the 2.6% annual rate from October through December and the 3.2% growth from July through September.