Stocks sink again, leaving Wall Street with worst week since 2008
The market clawed back much of its intraday losses in the last 15 minutes of trading. Bond prices soared as investors sought safety, pushing yields to record lows.
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Stocks fall on Wall Street, head for worst week since 2008
U.S. stock markets saw more major declines Friday morning. Traders have been growing increasingly certain that the Federal Reserve will be forced to cut interest rates to protect the economy, and soon.
Financial pain deepens as nearly 60 countries report coronavirus
If the disease known as COVID-19 becomes a global pandemic, economists expect the impact could be much worse, with the U.S. and other global economies falling into recession.
Indianapolis schools cancel bus routes after drivers call in sick
Indianapolis Public Schools said schools remained open, but students who are unable to get to them because of no buses would not be marked absent.
Pence’s handling of 2015 HIV outbreak in Indiana gets new scrutiny
President Donald Trump’s choice of Vice President Mike Pence to oversee the nation’s response to the new coronavirus threat is bringing renewed scrutiny to Pence’s handling of an HIV outbreak in southern Indiana when he was governor.
U.S. orders for durable goods slipped 0.2% in January
Orders to U.S. factories for big-ticket manufactured goods were pulled down by decreased demand for cars, auto parts and military aircraft, but the category that tracks business investment rose significantly.
Buttigieg aides say path beyond March 3 possible but tricky
Democratic presidential candidate Pete Buttigieg is bracing his supporters for a difficult stretch, with the sobering assertion that front-runner Bernie Sanders will likely emerge from next week’s Super Tuesday contests well ahead in the race for delegates.
NFL, players move closer to new CBA, but deal not done yet
With a late-night vote, on the slim majority approval of the 32 team representatives, the NFL Players Association was preparing Wednesday to send the collective bargaining agreement proposal to the full union membership for potential ratification.
Indiana lawmakers agree on tougher tobacco sales penalties
Indiana lawmakers are poised to double the fines stores could face for selling smoking or vaping products to anyone younger than 21 years old.
Man charged in judges’ shooting claims self-defense, says judges were aggressors
The filing claims Brandon Kaiser was trying to enter White Castle after 3 a.m. when Clark Circuit judges Andrew Adams and Bradley Jacobs, who had been standing nearby after a night of bar-hopping, approached Kaiser “in a hostile manner,” slammed him to the ground, choked him, beat him and kicked him in the head.
Player reps, NFL negotiators meet for 4 hours about new contract
Players union representatives and members of the NFL’s negotiating committee got together Tuesday in Indianapolis to hash out their differences in a new labor agreement the owners approved last week.
Some doctors worried by Indiana ‘surprise’ billing proposal
Indiana doctors are raising fears about possible loss of emergency services under a plan to limit “surprise” bills for patients unknowingly treated by providers from outside their insurance networks.
Stocks sink, bonds soar on fears virus will stunt economy
The benchmark S&P 500 has lost 7.6% over the last four days, its worst such stretch since the end of 2018. Tuesday also marked the first back-to-back 3% losses for the index since summer 2015.
Alonso returns to McLaren for another shot at Indy 500
Fernando Alonso will again attempt to complete motorsports’ Triple Crown with a return to the Indianapolis 500 in May with McLaren and a sponsorship from Ruoff Mortgage.
Indiana, 38 other states, investigating Juul’s marketing of vaping products
Investigators from 39 states, including Indiana, will look into the marketing and sales of vaping products by Juul Labs, including whether the company targeted youths and made misleading claims about nicotine content in its devices, officials announced Tuesday.
TurboTax maker Intuit buying Credit Karma in $7.1B deal
The agreement announced Monday would bring together the maker of TurboTax, QuickBooks and other personal finance tools with one focusing on consumers’ access to financial products, such as finding the right loan or credit card.
Indiana teacher gun training plan failing amid opposition
A legislative proposal for requiring annual training for teachers who carry guns inside Indiana schools has been scuttled amid a disagreement over whether it infringed on gun rights.
Dow drops more than 1,000 points as fear of virus threatens global economy
The selling wiped out all of the Dow Jones industrial average’s gains for the year. The major U.S. stock indexes all fell more than 3%.
Global markets fall sharply as virus cases spread past Asia
The Dow Jones industrial average slumped more than 3% and gave up all of its gains for the year as a surge in virus cases and a worrisome spread of the disease outside the epicenter in China sent investors running for safety.
Big changes coming to the NFL scouting combine this year
Fewer assistant coaches will watch those prospects run through drills in person this year, and downtown Indianapolis bars and restaurants should be quieter as many of the on-field drills move from morning and afternoon into prime time.