Fed rate cut looks more likely, but question is when, how big?
Fed watchers say the latest economic data boost the odds that central bank will move sooner rather than later to lower rates.
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Bloomington software firm nabs $10 million investment
FormAssembly launched in 2006 and this is first time it will take outside money. The company says the investment comes in the midst of a wave of consumer demand for data regulation.
Powell hints Fed will cut rates if needed over trade wars
Expectations are rising that the Fed will cut rates at least once and possibly twice before year's end, in part because of the consequences of the trade war.
U.S. stocks slump after China trade outlook sours
U.S. stock indexes suffered their worst day since March on Tuesday as investors remained on edge over President Donald Trump’s threat to increase tariffs on billions of dollars of imports from China.
Fed foresees no rate hikes amid unusually low inflation
The Federal Reserve signaled that no rate hikes are likely in coming months amid signs of renewed economic health but unusually low inflation.
Fed likely to underscore a message: No rates hikes in 2019
The Federal Reserve this week will likely reinforce a theme that has cheered consumers and investors since the start of the year.
Angel investor network VisionTech fills need for startup funding
Founded in 2014, VisionTech has seen its membership, or investors—as well as the amount invested by those members—swell significantly in the last two years.
Managed-care stocks continue to tumble amid uncertainty in health care
Shares in Indianapolis-based Anthem Inc. and other health insurance stocks were still falling Friday morning amid political turmoil over health care and drug prices.
Battered software firm was unrelenting in quest to find buyer
Software maker Determine Inc.'s investment bankers contacted dozens of prospective suitors as the company racked up millions of dollars in losses and burned through cash.
JPMorgan Chase invests $1M in IPS high-schoolers for work opportunities
More than 2,000 IPS students will take part in work-based learning in high-demand industries through the program.
Investment software maker plans $5.5M HQ in old Sears store
Accutech Systems Corp., a wealth management software provider, said it intends to hire nearly 50 employees for jobs at the new headquarters.
UPDATE: Lyft’s shares soar as investors bet on ride-hailing future
Lyft’s IPO raised more than $2 billion to use in its heated competition with Uber to woo riders. Uber is expected to make an even bigger splash when it completes its IPO later this year.
Federal Reserve cool on interest rate hikes in 2019
The monetary policy body on Wednesday left its key interest rate unchanged and projected no rate hikes in 2019, reflecting a dimmer view of the economy as growth weakens in the United States and abroad.
Pete the Planner coming to IBJ
IBJ has added comedian-turned-money-man Peter Dunn’s Pete the Planner column to its roster, starting March 15, when it will appear in the paper’s print edition and at IBJ.com.
Allos Ventures’ focus, patience pay off reliably for investors
Allos Ventures makes investing in early-stage companies look easy. National data shows it is not.
Tech seed fund relaunching with new management
Three new managing partners are bringing Gravity Ventures back to life and aim to have its new fund deployed within 18 months.
Former powerhouse investment broker Buck sentenced to more than 3 years in prison
The case against the former star Merrill Lynch broker centered on his practice of keeping clients in commission-based accounts even as the securities industry moved toward fee-based accounts, which in many cases were cheaper for clients.
Fed Chairman Powell doesn’t see elevated recession risks
Federal Reserve Chairman Jerome Powell said Tuesday that he doesn’t see signs of an economic downturn on the horizon.
U.S. colleges raise $47B in ninth straight record year
U.S. colleges raised $46.7 billion in the 12 months through June 2018 as the lengthy bull market for stocks helped spur contributions. Two Indiana universities were among the top 20 fundraisers.
Cummins says sales growth to slow after robust 2018
The Columbus-based engine-maker, which saw revenue increase 16 percent last year, expects revenue in 2019 to fall between flat and up 4 percent.