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Growing churches look to retail spaces, office buildings for expansions

March 13, 2020 | Mickey Shuey

The trend toward commercial structures has been driven largely by modern churches’ desire to operate in heavily populated areas, to be closer to pockets of potential members, he said.

Redevelopment report has grand vision for car-centric Castleton

March 13, 2020 | Mickey Shuey

The city of Indianapolis could spend nearly $93.5 million over several years on Castleton’s infrastructure, as part of a broad vision to remake the corridor with better connectivity and walkability.

Ed Feigenbaum: How would General Assembly meet during times of crisis?

March 14, 2020 | Ed Feigenbaum

It was a fortuitous decision by legislative leaders heading into January to seek adjournment sine die by March 11 or 12.

With unprecedented force and speed, a global recession is likely taking hold

March 14, 2020 | The Washington Post

Across the country, consumer spending—which supports 70% of the economy—is grinding to a halt as fears of the escalating coronavirus pandemic keep people from stores, restaurants, movie theaters and workplaces.

IBJ Podcast: Pete the Planner talks about the virus, the impact on the economy and what to think about your portfolio

March 16, 2020

Peter Dunn talks with podcast host Mason King about what people can do to prepare for what he believes will soon be a recession. The goal, he said, is to “get lean.”

Officials seek $750 billion in economic aid to thwart virus

March 17, 2020 | Associated Press

With an urgency unseen since the Great Recession, Congress is rushing to develop a sweeping economic lifeline for American households and businesses suddenly capsized by the coronavirus outbreak.

Indiana distilleries among those producing hand sanitizer

March 17, 2020 | Associated Press and IBJ Staff

Hotel Tango Distillery in Indianapolis said Monday that it is temporarily adding a new high-proof ethyl alcohol-based hand cleaner to its line of products.

Stocks move higher on Wall Street after worst drop since 1987

March 17, 2020 | Associated Press

Markets around the world remain highly volatile as traders see a recession growing more likely and large sections of the economy come closer to shutting down due to the coronavirus outbreak.

U.S. expected to lose 4.6M travel-related jobs this year from virus fallout

March 17, 2020 | The Washington Post

Total spending on travel in the United States—including from transportation, retail, lodging and restaurants—is expected to drop by $355 billion for the year, or 31 percent—more than six times the impact of the Sept. 11, 2001, terrorist attacks.

Trump pushes for massive aid from Congress, checks to public

March 17, 2020 | Associated Press

President Donald Trump asked Congress to speed emergency checks to Americans, enlisted the military for MASH-like hospitals and implored people to stay home to stop the spread of the coronavirus. His proposed economic package could approach $1 trillion.

Wide swath of economy seeks share of COVID-19 rescue package

March 17, 2020

As Congress works on a rescue package to help shore up a U.S. economy hard hit by the pandemic, businesses from the solar power industry to casinos and hotels, along with doctors, nurses and educators are urging lawmakers to give them a share of the pie.