Indiana sees 2nd straight uptick in jobless claims amid national decline
Weekly claims had been declining in Indiana during the pandemic until increasing the past two weeks.
Health Care
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U.S. virus outbreaks stir clash over masks, personal freedom
The mask debate is playing out nationwide, notably in hard-hit states where face coverings have become a political and cultural debate.
Wall Street dips as global rally eases off the accelerator
Markets have been trending upward this week, but rising levels of coronavirus infections in several hotspots around the world are raising concerns that all the improvements could get upended.
Indiana’s K-12 schools won’t face state funding cuts, Holcomb says
Gov. Eric Holcomb and state lawmakers have agreed to move forward with the current budget, he said during a scheduled video conference. That includes maintaining the planned $183 million increase in school funding.
Indiana reports another 24 deaths from COVID-19
The Indiana Department of Health said Wednesday that official COVID-19 cases in the state have risen past 41,000.
Indiana’s LaGrange County requiring face masks after virus spike
LaGrange County’s COVID-19 cases have jumped, with 215 new cases since Memorial Day. In all, the number has almost quadrupled in 21 days.
Stocks rally worldwide on hopes for coming economic recovery
Economists at IHS Markit said this could be the shortest recession on record for the United States, perhaps just a couple months.
Trump team considers $1 trillion for infrastructure to spur economy
A preliminary version being prepared by the Department of Transportation would reserve most of the money for traditional infrastructure work, such as roads and bridges, but would also set aside funds for 5G wireless infrastructure and rural broadband.
U.S. airlines could ban travelers who refuse to wear masks
Airlines for America, a trade organization, said a group of major American airlines will begin “vigorously” enforcing face-covering policies after reports of travelers not being held to the safety standard.
Children only half as likely to get infected by coronavirus, study finds
The findings could influence policymakers who are facing tough decisions about when and how to reopen schools and daycare centers.
U.S. expects insurers to cover COVID-19 vaccine without copays
The White House has launched an initiative to quickly manufacture millions of doses of COVID vaccines, once the Food and Drug Administration approves one or more formulations.
State reports 440 new COVID-19 cases, 14 more deaths
The Indiana State Department of Health said 11.2% of those tested for the virus in Indiana so far have tested positive.
Researchers say drug improving survival from COVID-19
Researchers in England say they have the first evidence that a drug can improve COVID-19 survival: The cheap, widely available steroid reduced deaths by up to one-third in severely ill hospitalized patients.
U.S. industrial production bounced back 1.4% in May
American industry rebounded last month as factories began to reopen for the first time since being shut down by the coronavirus in Aprll.
Businesses, colleges plead with Trump to preserve work visas
President Trump imposed a 60-day pause on visas for foreigners seeking permanent residency on April 22, but the order included a long list of exemptions.
WNBA plans to play 2020 season in Florida starting in late July
Players would receive their entire salaries for the year despite playing a schedule that’s only about two-thirds the length of the 36-game one that was supposed to start May 15.
U.S. retail sales increase by record 17.7% in a partial rebound
Sales at non-store retailers, which include internet companies like Amazon and eBay, rose 9% in May after posting growth of 9.5% in April.
Many businesses asking customers, workers to waive legal rights
As businesses reopen across the U.S. after coronavirus shutdowns, many are requiring customers and workers to sign forms saying they won’t sue if they catch COVID-19.
Fed moves to ensure companies can tap bond market for funds
The program will purchase existing bonds on the open market, as opposed to newly-issued debt. The announcement boosted the stock market, which was already rebounding from early losses.
House demands coronavirus loan info from Treasury, banks
In the 10 weeks after the Paycheck Protection Program was launched, the SBA says it has processed 4.5 million loans worth $511 billion. But it has yet to reveal the recipients of taxpayer aid.