U.S. quarterly economic growth exceeds expectations
The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.
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Developers plan about 150 single-family houses and town houses in Westfield
City Council members heard plans for the 44-acre Finley Creek Estates and the 11-acre Westfield Yard developments this week.
Amid tensions, some states are purging Chinese companies from their investments
Indiana last year became the first to enact a law requiring the state’s public pension system to gradually divest from certain Chinese companies.
U.S. economy likely picked up last quarter after a sluggish start to 2024
Despite the likely uptick, the U.S. economy, the world’s largest, has clearly cooled in the face of the highest borrowing rates in decades.
Biden seeks to defend legacy in address about his campaign exit
President Joe Biden delivered a somber, reflective speech from the Oval Office on Wednesday evening in his first remarks to the nation since his monumental decision to end both his reelection campaign and political career.
WNBA announces landmark 11-year media rights deal
Under the new agreements, the partners will distribute more than 125 regular season and playoff games nationally each year. There will be 25 regular-season games on Disney platforms, 50 on NBC and 30 on Amazon Prime Video.
NBA: New 11-year media rights deal with Disney, NBC and Amazon worth $76B
Under the deal, the 2024-25 NBA season will be the last for TNT after a nearly four-decade run, but a legal fight could be in the works.
MLS commissioner: Indy doing ‘everything right’ in bid to join league
While Mayor Joe Hogsett said he hopes to work with a prospective investor group to file an application by the end of the year to join Major League Soccer, Commissioner Don Garber said Wednesday he considers the process to be in its infancy.
Harris previews presidential campaign priorities, women’s rights focus in Indy speech
Vice President Kamala Harris, the presumptive Democratic nominee for president, focused her message on the fight for a variety of rights. “We are witnessing a full-on assault on hard-fought, hard-won freedoms,” she said.
Pacers agree to 3-year, $59M deal with Nembhard, source says
The second-year guard started 47 games in 2024-25, most playing alongside All-Star point guard Tyrese Haliburton. He averaged 9.2 points and 4.1 assists.
WNBA All-Star Game smashes viewership record
The game was the third-most viewed WNBA event ever and the drew the largest audience for the league since its first two nationally televised games in 1997.
New year, new rules as Indiana students start getting back to school
With a new school year comes new rules about cell phones in classrooms, a new pilot program for shorter but more frequent state testing, and a new policy on holding back students who can’t read based on third grade reading exams.
Big Tech says AI is booming, but Wall Street is starting to see a bubble
A growing number of Wall Street analysts and tech investors are beginning to sound the alarm about the immense amount of money that is being poured into artificial intelligence by Big Tech companies, stock market investors and venture-capital firms.
CrowdStrike blames bug for letting bad data slip through, leading to global tech outage
The outage caused days of widespread technological havoc, highlighting how much of the world depends on a few key providers of computing services and drawing the attention of regulators who want more details on what went wrong.
Yearlong positive streak ends for area homebuilders
Permit filings had risen on a year-over-year basis for 11 straight months before June’s decrease.
Women’s Basketball Invitation Tournament returning to Indianapolis
The semifinals and championship game of the WBIT will be played in Hinkle Fieldhouse on the Butler University campus for the second straight year.
Attorney: Full settlement agreement of antitrust lawsuits involving NCAA expected to be filed Friday
The NCAA along with the Atlantic Coast Conference, Big Ten Conference, Big 12, Pac-12 and Southeastern Conference agreed on May 23 to the framework of a $2.77 billion settlement of multiple antitrust lawsuits that were challenging limits on college athlete compensation.
U.S. investigating Delta’s flight cancellations, response to global tech outage
Transportation Secretary Pete Buttigieg on Tuesday announced the investigation into Delta’s response to the outage, which he said has affected more than half a million of the airline’s passengers.
Election officials fear Postal Service won’t be ready for ballot surge
State election directors from across the country voiced serious concerns to a top U.S. Postal Service official Tuesday that the system won’t be able to handle an expected crush of mail-in ballots in the November election.
Hogsett ‘optimistic’ about MLS expansion bid efforts after informal meetings
Indianapolis Mayor Joe Hogsett, who was in Columbus, Ohio, on Tuesday for events related to the Major League Soccer All-Star Game, spent time with several team investors and operators, as well as multiple league executives.