Bitcoin tops $118,000 for the first time
A soft U.S. dollar and the digital currency friendliness of President Donald Trump’s administration has helped to push the price of bitcoin to unprecedented levels.
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Chipmaker Nvidia becomes most valuable company in world at $4T
The poster child of the AI boom, Nvidia has surpassed Microsoft, Apple, Amazon and Google parent Alphabet in market value.
Stocks set new record to wrap up first half; here’s what drove markets
The U.S. stock market ended the first half of 2025 with back-to-back record highs, defying a rollicking few months of trade tensions and economic uncertainty that sent it deep into negative terrain in April.
Stocks rise to brink of a record, recover nearly all their 20% springtime drop
Wall Street’s worries about Trump’s tariffs have receded since the president stunned the world in April with stiff proposed levies, but they have not disappeared.
Carmel-based hedge fund sues international crypto company for alleged fraud
The lawsuit claims the crypto venture company lied about how much money it had raised in order to persuade the fund to also invest.
Mickey Kim: Moody’s downgrade points to looming U.S. debt calamity
Moody’s, S&P Global Ratings and Fitch Ratings are the three primary credit rating agencies for corporate and government borrowers. Moody’s was actually the last CRA to strip the United States of its highest credit rating.
Senate advances legislation to regulate stablecoins, a form of cryptocurrency
The bill would aim to create a federal framework to regulate the stablecoin industry, which is currently governed by a patchwork of existing federal and state laws.
Governor’s IEDC moves raise questions about planned VC growth fund
Almost exactly one year ago, Indiana officials publicly announced a significant entrepreneurial resource the state had been quietly working on for several years—the launch of a $100 million investment fund to help young companies scale up their businesses. A lot has changed since then.
Financial advisers counsel calm amid market ups and downs
It might be tempting to make dramatic changes to your investments right now, but it’s important to resist that impulse, advisers say.
Indianapolis-based investment firm Sheaff Brock to be acquired
The acquisition of Sheaff Brock will be California-based Allworth Financial’s third and largest Indianapolis acquisition to date.
While tariffs roil Wall Street, individual investors stay in stocks
The tariff-induced extremes that have gripped Wall Street have been mirrored by a surprising fortitude among everyday people invested in the stock market, financial advisers and analysts say.
Stocks continue rally as China tariff cut considered
President Trump told reporters Tuesday that he planned to be “very nice” to China in any trade talks, and that tariffs would drop if the two nations were able to reach a deal.
Wall Street, dollar tumbling again as investors retreat further
Hanging over the market are worries about President Trump’s anger at Federal Reserve Chair Jerome Powell for not cutting interest rates to help give the economy more juice.
Mickey Kim: ‘Liberation Day’ marked death of era of globalization
According to economic theory, when trading partners are free to produce the goods each does best, both partners benefit.
Wall Street’s euphoria sends stocks to historic gains after Trump pauses most of his tariffs
Wednesday’s gains were widespread across the market, with 98% of the stocks in the S&P 500 index rallying. The rally pulled the index away from the edge of a bear market.
Stocks rise worldwide as hopes for tariff negotiations deliver some relief
Hope still remains on Wall Street that negotiations may be possible. The country’s top trade negotiator, Jamieson Greer, said roughly 50 countries have already been in contact about new tariff deals.
Carmel-based health tech firm to delist from Nasdaq
Syra Health Corp. plans to offer stock on the over-the-counter market after the company failed to meet Nasdaq Stock Market’s price requirements for its shares.
Wall Street tumbles on worries about slower economy and higher inflation
The S&P 500 is down more than 5% this year and is on track for its first losing quarter since September 2023.
Business leaders see Israeli venture fund as a way to attract startups to Indiana
Representatives of Israel-based Iron Nation, established to support Israeli startups during the country’s ongoing war with Palestinian militant group Hamas, came to Indianapolis as part of a U.S. visit to meet with potential investors.
A 10% drop for stocks is scary, but isn’t that rare
The U.S. stock market has just dropped 10% from its high set last month. Wall Street has a name for such a decline: a “correction.”