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Articles

Retail sales rise modest 0.3%, but optimism still buoyed

December 15, 2021 | Associated Press

With Americans paying more across the board for necessities like food and gas, the slowdown in spending may be an indication of inflation fatigue.

Federal Reserve to tighten credit faster, sees three rate hikes in 2022

December 15, 2021 | Associated Press

The Fed’s policy change does carry risks. Raising borrowing costs too fast could stifle consumer and business spending. That, in turn, would weaken the economy and likely raise unemployment.

Evictions on the rise months after federal moratorium ends

December 15, 2021 | Associated Press

Eviction filings in Indianapolis were 49% below average in August but just 7% below average in the first 11 days of December, according to Eviction Lab at Princeton University.

Peppermill Farms seeks to keep housing affordable

December 17, 2021 | Leslie Bonilla Muñiz

The affordable housing complex’s owner plans to pump $23 million into major renovations, more than double the 40-year-old property’s valued worth.

How pro sports leagues are handling the latest coronavirus surge

December 20, 2021 | The Washington Post

The NFL, NBA and NHL have all updated their coronavirus protocols amid an uptick in cases among players and team officials.

Omicron casts new shadow over economy’s pandemic recovery

December 21, 2021 | Associated Press

A heightened sense of anxiety has begun to erode the willingness of some people and some businesses to carry on as usual in the face of the extraordinarily contagious omicron variant.

New lawsuit could further snarl-delayed Terre Haute casino plans

December 22, 2021 | Associated Press

One of the companies that was pass over for the license, Las Vegas-based Full House Resorts, has sued the Indiana Gaming Commission, claiming it didn’t follow state law when it picked Churchill Downs to develop the casino.

COVID surge leads to contingency plans for football championship game in Indy

December 22, 2021 | IBJ Staff

If a new surge of COVID-19 ends up spreading wildly through college football’s top teams, a contingency plan would allow a champion to be crowned without the championship game ever being played in Indianapolis on Jan. 10 as planned.

Lucas Oil Stadium exterior bigpic

Omicron pulls workers back to eye of storm, as workplace outbreaks grow

December 23, 2021 | The Washington Post

The outbreaks are a reminder of the risks that front line workers continue to face on the job, and the central role that workplaces can play in the transmission of the virus.

Football title game, big events could bring tourism recovery for Indy in 2022

December 24, 2021 | Mickey Shuey

Indianapolis tourism officials say the city’s convention and events business should be almost fully recovered by the end of 2022—at least based on projections for attendance and economic impact.

Indiana town to seek reimbursement from business after fire

December 27, 2021 | Associated Press

Officials in a small central Indiana town plan to seek reimbursement from a straw-storage business after fire crews spent weeks fighting a fire smoldering amid corncobs and straw bales.

Faster, ‘fun-to-do’ golf driving record numbers to the game

December 28, 2021 | Bloomberg News

More than 500 million rounds of golf were played in 2020, and the early returns from 2021 indicate that this year will be even better.

Two forces collide to create most unusual job market in modern American history

December 30, 2021 | The Washington Post

The economy has seldom seen such a mismatch between so much demand for workers and so few people willing to work.

2021 Year in Review: Entire NCAA tourney rolls into Indy area

December 30, 2021 | Mickey Shuey

Indiana took on one of the most gargantuan events in its history this year, playing host to all 68 teams and thousands of spectators for the entire NCAA men’s basketball tournament.

2021 Year in Review: Garage, AMP food halls lead restaurant resurgence

December 30, 2021 | Dave Lindquist

Following a 2020 dominated by news about restaurants closing permanently, the central Indiana dining scene regained momentum in 2021.

2021 Newsmaker: John Kite, Kite Realty Group Trust CEO and chairman

December 31, 2021 | Lesley Weidenbener

Indianapolis-based Kite Realty Group Trust announced in July that it would merge with Oak Brook, Illinois-based Retail Properties of America Inc. in an all-stock deal worth $2.8 billion.

2021 Year in Review: Republic Airways to move HQ, training facilities

December 31, 2021 | IBJ Staff

Indianapolis-based Republic Airways Holdings Inc. announced Sept. 21 that it will move its corporate headquarters to Carmel and consolidate its training programs there as part of a mixed-use development project.

2021 Year in Review: Top headlines by the month

December 31, 2021

Real estate deals, police-reform legislation, a name change for the fieldhouse and more news from 2021.

CES gadget show stages wary return amid COVID-19

January 3, 2022 | Associated Press

The latest sign of the influential technology event’s dwindling size was Friday’s announcement that CES will run one day shorter than originally planned.

Record 4.5 million Americans quit their jobs in November

January 4, 2022 | Associated Press

Employers hired 6.7 million people in November, up from 6.5 million in October, the Labor Department reported Tuesday in its monthly Jobs Openings and Labor Turnover Survey.

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