U.S. added 943,000 jobs in July in bigger-than-expected hiring surge
The unemployment rate dropped to 5.4% in another sign that the U.S. economy continues to bounce back with surprising vigor from last year’s coronavirus shutdown.
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Budget office: Infrastructure bill adds $256B to deficits
Nearing decision time, senators are wrapping up work on the bipartisan infrastructure plan, and talks were under way late Thursday to expedite consideration and voting on the nearly $1 trillion proposal.
U.S. automakers pledge huge increase in electric vehicles
Declaring the United States must “move fast” to win the world’s automaking future, President Joe Biden on Thursday announced a commitment from the auto industry to produce electric vehicles for as much as half of nationwide sales by the end of the decade.
U.S. jobless claims drop to 385,000 as economy rebounds
Unemployment claims remain high by historic levels: Before the pandemic slammed the United States in March 2020, they were coming in at around 220,000 a week.
Holcomb resists renewed mask mandate as virus variant spikes
The governor has maintained he won’t reinstate a statewide mask mandate or other restrictions, instead leaving such decisions to local officials.
NCAA recommends routine COVID testing only for unvaccinated
The updated guidance mostly follow CDC recommendations and come as football practices start across the country.
U.S. plans to require COVID-19 shots for foreign travelers
Airlines for America, a trade group for major U.S. airlines, said it was pleased by reports that the administration plans to make it easier for more foreign travelers to enter the country if they have been vaccinated.
Nursing home to workers: Get vaccine or lose your job
Some experts are calling for mandatory vaccinations at nursing homes, warning that unprotected staff members are endangering residents. Even residents who have been inoculated are vulnerable because many are elderly and frail, with weak immune systems.
Target to offer debt-free education to front-line workers
Target Corp. is joining a growing list of retailers and restaurant chains offering educational assistance at select online institutions for its employees in a fiercely competitive job market.
CDC issues new eviction ban for most of United States
Speaking at the White House on Tuesday, President Joe Biden was uncertain whether the new moratorium could withstand lawsuits about its constitutionality.
Food giant Tyson to require vaccination for all U.S. workers
In a memo to employees, CEO Donnie King expressed alarm over the rise of the more contagious delta variant and made clear the vaccine requirement was needed to overcome persistent hesitancy to get the shots.
Eli Lilly’s quarterly earnings fall short of expectations
Eli Lilly and Co. turned in a profitable second quarter, but the results were shy of Wall Street analyst predictions. The drugmaker, however, saw revenue growth that topped Wall Street expectations.
Simon raises financial outlook amid improving business conditions
Indianapolis-based Simon Property Group Inc.—the largest owner of shopping malls in the United States—on Monday reported second quarter financial results that exceeded analyst expectations.
Manufacturing shows monthly growth, but at slower pace
Manufacturers have struggled in recent months with supply-chain bottlenecks that have made it difficult for them to get computer chips and other necessary components for their products.
Weather, operational challenges cause flight delays, cancellations for Spirit Airlines
According to tracking service Flightaware.com., 227 Spirit flights were canceled Monday and 58 flights were delayed. Multiple flights from Indianapolis were among those canceled.
Senators unveil $1T infrastructure bill with 2,700 pages
The bipartisan bill calls for $550 billion in new spending over five years above projected federal levels, in what could be one of the more substantial expenditures on the nation’s roads, bridges, waterworks, broadband and the electric grid in years.
Pelosi, Democrats call on Biden to extend federal eviction ban
Congress was unable to pass legislation swiftly to extend the ban, which expired at midnight Saturday, and the Democratic leaders said it was now up to President Joe Biden’s administration to act.
Indiana drivers holding cellphones now face stiffer penalties
Violations will now result in four points against a driver’s license, BMV officials said.
Schumer: Vote on infrastructure bill could come within days
Senate Majority Leader Chuck Schumer said he was prepared to keep lawmakers in Washington for as long as it took to complete votes on both the bipartisan infrastructure plan and a budget blueprint.
Explainer: How Indiana evictions might surge post-moratorium
More than 51,000 eviction filings have been made in Indiana during the pandemic, including nearly 16,000 in the Indianapolis metropolitan area, according to Indiana Legal Services.