The U.S. economy grew at a strong 4.2 percent annual rate in the April-June quarter, the best showing in nearly four years, as growth stayed on track to produce its strongest annual gain in more than a decade.
Stocks rose on Wall Street on Monday, sending the NASDAQ above 8,000 for the first time, after the White House said it has reached a preliminary agreement with Mexico on replacing NAFTA.
Federal Reserve Chairman Jerome Powell said the Fed recognizes the need to strike a careful balance between its mandates of maximizing employment and keeping price increases stable.
Without a big settlement, or a resounding victory at trial, victims in the fraud would be left with an underwhelming recovery—currently 11 cents on the dollar, based on distributions of $18 million in December 2015 and $5 million last October.
The current bull run on Wall Street became the longest ever on Wednesday at 3,453 days, beating the bull market of the 1990s that ended in the dot-com collapse in 2000.
A boom in major U.S. pharmaceutical stocks is creating a swarm of activity around an exchange-traded fund tracking major drugmakers like Eli Lilly and Co.
Local partners will include the Pacers, Colts and NCAA. But state officials declined to specify the contribution from Indiana’s Next Level Fund, a new state-backed venture pool with $250 million to invest.
It's a record that few would have predicted when stocks struggled to find their footing after a 50 percent plunge during the financial crisis.
While some business leaders have groaned about the rigors associated with having to disclose financial figures four times a year, the SEC has been reticent to make any changes.
U.S. stocks jumped Thursday as China and the United States said they will hold their first trade discussions in months, a potential sign of progress toward ending their trade war.
Partners in Monument MicroCap Partners LLC include two former Hammond Kennedy Whitney & Co. CEOs and another former HKW partner.
The consumer-technology giant briefly touched the milestone Thursday morning, four decades after the late Steve Jobs co-founded the firm in his parents’ garage in Silicon Valley.
Based in Indianapolis, The Heritage Group plans to look for investment opportunities globally but has a strong interest in investing in innovative ventures in its own backyard.
In a brief policy statement, the Federal Reserve noted a strengthening labor market, economic activity growing at “a strong rate,” and inflation that’s reached the central bank’s target of 2 percent annual gains.
Twitter’s drop of 18.5 percent Friday morning comes one day after Facebook lost 19 percent of its value.
CEO Mark Zuckerberg’s fortune tumbled Wednesday as Facebook shares fell 20 percent in after-hours trading.
Indianapolis-based "venture studio" High Alpha on Monday announced plans to take operations to the next level by adding two funds worth more than $100 million and two new investors with national reputations.
The 8-year-old firm, which focuses on investing in early-stage Midwestern tech companies, this week filed plans with the Securities and Exchange Commission to raise $50 million to $100 million for the new fund.
At one point this spring, Lilly and three other companies were simultaneously angling to buy AMRO BioSciences.
The effort, dubbed “Operation Cryptosweep,” is being coordinated by the North American Securities Administrators Association.
