Fed official defends slow start to Main Street loan program
A top Federal Reserve official on Friday said the small number of loans approved so far would likely expand by a significant amount in coming months, especially if the pandemic worsens.
A top Federal Reserve official on Friday said the small number of loans approved so far would likely expand by a significant amount in coming months, especially if the pandemic worsens.
About 60 entertainment stages, bars and studios across Indiana have joined forces in a new association to fight for government assistance they say is needed to survive.
Though work on the Purple Line and Blue Line bus rapid transit lines will continue, transit system says some other planned route improvements are on hold.
Prosecutors say the court should deny William Meek’s request to travel to Mexico for his birthday while he awaits trial on multiple fraud charges.
The Indiana State Department of Health on Friday also reported the testing of 12,884 more individuals, the second-highest total during the pandemic. The previous high was 13,540 on June 18.
Chris Baggott, ClusterTruck co-founder and CEO, told IBJ that the company will use the money to expand and add new locations in its home city, Kansas City and Columbus, Ohio.
July’s job gain was much lower than June’s 4.8 million and May’s 2.7 million jobs. The unemployment rate did decline in July, from 11.1% to 10.2%.
Energy Harness says its new product uses ultraviolet light to remove the pathogen from indoor spaces while people are present.
White House officials and Democratic leaders ended a three-hour negotiation Thursday evening without a coronavirus relief deal or even a clear path forward, with both sides remaining far part on critical issues.
Indiana Senate President Pro Tem Rodric Bray sent a letter to school leaders on Thursday that said there’s “no guarantee” schools that choose not to resume any in-person classes due to health and safety concerns will receive 100% of expected funding.
If schools choose to reopen knowing the potential health risk, it raises an important question: How liable are school districts if a student or teacher contracts COVID-19?
The Federal Reserve says that its Main Street Lending Program designed to help small and medium-sized companies get through the pandemic has managed to make just eight loans in its first month of operations.
In its second quarter, the Carmel-based company lost $32.3 million and saw year-over-year revenue plummet 42%, from $719.1 million to $419.0 million.
Ohio Gov. Mike DeWine, 73, became the second U.S. governor to test positive for the coronavirus after Oklahoma Gov. Kevin Stitt announced he contracted the virus last month.
State Superintendent of Public Instruction Jennifer McCormick addressed the media Thursday by video to answer some of the biggest questions about schools reopening.
With talks on a coronavirus relief bill appearing to falter, President Donald Trump told reporters that he was preparing to sign executive orders as soon as Friday that would extend enhanced unemployment benefits, offer an eviction moratorium and provide a payroll tax cut.
Wellness accountability partners help each other set and maintain goals for diet, exercise and overall well-being.
I hear lots of people talking about their kids’ mental health having suffered during the pandemic, but my kids appear to be thriving, despite the fact that we have only interacted with people virtually or on walks since March.
The Indiana State Department of Health on Thursday also reported the testing of 12,153 more individuals, the fifth-highest total during the pandemic.
The specialty hydrocarbon and fuels products producer said Keith Jennings would resign as executive vice president and chief financial officer as of Aug. 31, just eight months after joining the company.