Articles

Fed raises likelihood of a June interest rate hike

The minutes of their most recent meeting in late April show that Federal Reserve officials widely felt it would be appropriate to raise rates at their June 14-15 meeting as long as hiring and economic growth further strengthened.

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$3B Disciples pension fund in transition

Rev. Todd Adams takes the helm this summer, succeeding James P. Hamlett, 67, who is retiring. Adams will aim to keep the fund on strong footing despite declines in church membership.

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Lizton Financial to acquire Indiana Business Bancorp

Indiana Business Bancorp, a community bank with a single branch on the north side of Indianapolis, has agreed to a $12.5 million merger with Lizton Financial Corp., a Hendricks County-based bank with 11 branches in central Indiana.

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