Articles

Volatile apartment sector reduces U.S. home building

Apartment construction has surged 19.2 percent in the past 12 months. Meanwhile, single-family starts have risen just 4.2 percent. The shift among builders to increased apartment building is a sign that a rising share of Americans will be renters, rather than homeowners.

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USDA approves new modified corn, soybean seeds

The farmers won't be able to take full advantage of the seeds until the EPA issues a second ruling allowing the use of weed killer Enlist. The EPA has said it will rule this fall on Indianapolis-based Dow AgroSciences' application to market the chemical.

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Fed signals plan to keep key rate at record low

The Fed said it planned to keep its benchmark rate near zero as long as inflation remains under control, until it sees consistent gains in wage growth, long-term unemployment and other gauges of the job market.

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BMV announces overcharges of about $29 million

The Indiana Bureau of Motor Vehicles has announced about 180,000 people will be getting excise tax refunds because their vehicles were improperly classified during registration over the past decade.

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