As virus rages, U.S. economy improves but struggles to sustain recovery
The U.S. economy has a long way to go before regaining the strong health it enjoyed before the coronavirus paralyzed the country in March.
Public Health
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Indiana reports 1,164 new COVID-19 cases; cumulative total passes 90,000
The state has reported an average of 892 new cases per day over the past week, up from 816 the previous week.
Weekly unemployment claims tick down nationally, in Indiana
A total of 169,336 people were receiving unemployment benefits in Indiana as of Aug. 15, the Labor Department said Thursday. That was down from 183,083 the previous week.
Sports come to a halt: NBA, WNBA, MLB, MLS postpone games as players protest
The cancellations underscored an emerging new reality in big-time sports in which athletes are increasingly emboldened to express themselves on racial injustice and other social issues, and leagues are finding ways to accommodate their views.
After remote start, Indianapolis school district sets a strict bar for reopening
Six weeks after Washington Township became the first Indianapolis school district to decide to reopen entirely online, the board on Wednesday approved a coronavirus threshold for when students will be able to return to classrooms.
For media companies, college football’s cancellation might be good thing
A growing number of analysts and insiders are reaching a startling conclusion: The scrapping of the college Division I football season actually might come with as many silver linings as drawbacks—maybe even more.
Powell edges toward loosening the Fed’s stance on inflation
Behind the Fed’s new thinking is an ailing economy in the grip of a viral pandemic and a stubbornly low inflation rate that has long defied the Fed’s efforts to raise it.
FDA authorizes 15-minute coronavirus test that will sell for $5
The size of a credit card, the self-contained test is based on the same technology used to test for the flu, strep throat and other infections.
Tenant-landlord settlement program aims to reduce eviction filings
The Indiana Supreme Court is launching a new mediation program to help stem an anticipated flood of evictions by facilitating settlement agreement.
White House official: More executive actions in works as airline furloughs loom
The pandemic has caused airline travel to fall sharply, decimating revenue. Travel has recovered somewhat from very low points in March and April, but it still hasn’t come back to its pre-pandemic levels.
Holcomb extends Stage 4.5 of Indiana’s recovery plan through Sept. 25
Indiana Gov. Eric Holcomb on Wednesday said the additional extension of Stage 4.5 was needed because Indiana’s COVID-19 testing-positivity rate and hospitalizations remain too high.
Indiana reports 971 more COVID-19 cases, 18 additional deaths
The Indiana State Department of Health on Wednesday reported the testing of 11,955 more individuals and a cumulative positivity rate for unique individuals of 8.7%.
Court ruling against Indiana no-excuse absentee voting appealed
A federal appeals court also is being asked to enter an immediate injunction that would permit Hoosiers to vote by mail due to the pandemic.
Orders for big-ticket manufactured goods rise for third straight month
The July increase was led by a strong advance in the volatile transportation sector, which was up 35.6%.
Survey: Many in United States shoring up finances amid downturn
Since February, there has been a $1.3 trillion jump in money kept in checking accounts—a 56% increase tracked by the Federal Reserve.
New COVID-19 mandates on health care facilities get pushback
Threatening fines and funding cut-offs, the Trump administration on Tuesday issued new COVID-19 requirements for nursing homes and hospitals.
New U.S. virus cases decline, but insufficient testing might be factor
About 43,000 new cases are being reported daily across the country, down 21% from early August, according to data compiled by Johns Hopkins University.
IndyGo to remove more than 500 bus stops in ‘balancing’ effort
IndyGo said the balancing program would not eliminate any routes. IndyGo had planned to make major route changes this year, but has postponed those changes until next year because of the pandemic.
American Airlines plans 19,000 furloughs, layoffs in October
Passenger traffic has recovered slightly since the beginning of the pandemic but remains down 70% from a year ago, and carriers say they need fewer workers.
Bank profits slump 70% as virus rakes businesses, households
Banks are now facing tens of billions of dollars of loans that appeared healthy in March, but are now in forbearance or deferral because those borrowers can no longer pay.