U.S. employers add 157,000 jobs; jobless rate ticks down
The slip in hiring last month may be temporary. Consumers are spending freely and businesses are stepping up their investment in buildings and equipment, accelerating growth.
Associated Press
Articles
U.S. employers add 157,000 jobs; jobless rate ticks down
The slip in hiring last month may be temporary. Consumers are spending freely and businesses are stepping up their investment in buildings and equipment, accelerating growth.
Indiana State Fair begins 17-day run with circus theme, more security
Organizers are hoping for a repeat of last year's string of dry, sunny days that helped boost attendance to nearly 907,000 people.
Trump administration seeks to freeze future gas-mileage standards
The administration also served notice that it wants to revoke states' long-standing authority to set their own, stricter mileage standards.
Gary Schools gets bid for just one of 33 former school properties
The emergency manager who oversees the financially struggling Gary school district put 33 closed schools up for sale, but only one property received interest.
Brookstone files for bankruptcy, to close all mall stores
Among the closures will be the store in Circle Centre in downtown Indianapolis—an original tenant in the mall when it opened in 1995. The only other Brookstone store in Indiana is at Indianapolis International Airport.
Report: Indiana farmers to face climate change challenges
The state will likely see heavier rainfall patterns, earlier springs and hotter summers in the decades ahead, the report said.
Fed keeps key rate unchanged while signaling future hikes
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.
Wells Fargo to pay $2.1 billion for role in housing bubble
Wells Fargo is one of the last remaining big banks to settle charges related to its role in the subprime mortgage crisis.
Kroger introduces online delivery in four markets
Kroger, the biggest grocery chain in the country, said it will "quickly" expand the service to other markets over the next few months.
Trump’s cheaper short-term health plans include coverage gaps
The Trump administration on Wednesday cleared the way for insurers to sell short-term health plans as a bargain alternative to pricey Obamacare policies for people struggling with high premiums.
Products distributed by local company recalled for possible parasite
The Agriculture Department's Food Safety and Inspection Service said lettuce in the products, distributed by Indianapolis-based Caito Foods LLC, might be contaminated with cyclospora. The parasite causes intestinal illness.
Indiana family files second lawsuit in boat sinking
The federal lawsuit was filed Tuesday by members of an Indiana family who lost nine relatives when a tourist boat sank this month in Missouri.
Utility estimates $177M to replace lead water lines around state
Indiana American Water, which serves about 1.3 million people, estimates it will replace all lead service lines by no later than 2042 and possibly as soon as 2028.
Consumer spending shows solid monthly increase of 0.4 percent
Meanwhile, a key gauge of inflation increased at an annual pace of 2.2 percent for a second straight month—the strongest back-to-back gains in six years.
Allison Transmission beats forecasts with record quarterly revenue
The Indianapolis-based manufacturer of automatic transmissions saw sales growth in all of its market segments.
Holcomb calls for hate crimes bill after synagogue vandalism
Gov. Eric Holcomb, a Republican, said he’ll meet with lawmakers, legal experts, corporate leaders and “citizens of all stripes who are seeking to find consensus on this issue.”
Fed expected to leave rates alone as trade war raises anxiety
The Federal Reserve will meet this week to assess an economy that has just enjoyed a healthy spurt of growth but faces a flurry of trade fights pushed by President Donald Trump that could imperil that growth over time.
Study: ‘Medicare for all’ would hike government health spending by $32.6T
The latest plan from Sen. Bernie Sanders would require historic tax increases as government replaces what employers and consumers now pay for health care, according to the analysis released Monday.
Lawsuit filed in fatal duck boat sinking seeks $100 million
The federal lawsuit was filed Sunday on behalf of two members of an Indianapolis family who lost nine relatives when the boat sank July 19 on Table Rock Lake in Branson, Missouri.