Excluding the normally volatile categories of food and energy, so-called core prices saw their sharpest drop on records dating to 195, the Labor Department said Tuesday.
A national alcohol retailer with more than 200 stores in 24 states is a step closer to doing business in Indiana after a federal court temporarily barred Indiana from enforcing a prohibition that keeps out-of-state businesses from holding liquor permits.
The outbreak’s trajectory varies wildly across the country, with steep increases in cases in some places, decreases in others and infection rates that can shift dramatically from neighborhood to neighborhood.
Five Senate Democrats proposed legislation on Wednesday that would require airlines to give full cash refunds to passengers during the pandemic, even if it was the customer who canceled.
Nationally, the number of first-time applications for unemployment has now declined for six straight weeks, suggesting that a dwindling number of companies are reducing their payrolls.
After delays, the Indiana Gaming Commission is poised to consider awarding a casino license to a subsidiary of Spectacle Entertainment, now that two former executives of Centaur Gaming have divested their interests in the project.
As the coronavirus crisis drags on and the timeline for a vaccine remains uncertain, U.S. households and small businesses are rapidly running out of money, according to new federal data released Thursday.
The Indiana Gaming Commission on Friday awarded a casino license to Spectacle Jack, which plans to build a $120 million casino near Interstate 70 and State Road 46 in Terre Haute.
The Facebook page for the upscale restaurant lists the location as “permanently closed.” It has been removed from the company’s online list of restaurants, and its local phone number no longer works.
A local hotelier expects to lose more than $20 million from declines in travel tied to the coronavirus pandemic, according to a lawsuit filed against its insurer earlier this month.
Gen Con—the single-largest event the Indiana Convention Center hosts on an annual basis from an economic impact standpoint—will become an online event this year. Organizers said the social nature of the gaming event made it impossible to hold in-person.
Project negotiations on the massive two-hotel and convention center expansion project were temporarily sidelined in March to allow the city time to deal with the coronavirus pandemic.
Patachou, which operates 12 restaurants in Indianapolis and Carmel, is among a growing number of local companies that have sued their insurers for claim denials related to COVID-19 business losses.
All 11 S&P stock sectors advanced, led by financials and industrials, which had been unloved sectors. Their comeback is a sign that the slow recovery is broadening.
On Monday, Marion County entered Phase 3 of its COVID-19 reopening plan, which among other relaxed restrictions included allowing restaurants to serve patrons indoors, up to 50% of their dining-room capacity.
Wall Street absorbed better-than-expected economic data: Private payrolls shed 2.76 million jobs in May, ADP reported Wednesday. Economists surveyed by Dow Jones had expected a drop of 8.75 million.
