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Inflation likely cooled again in November, but not in all areas of economy

December 12, 2023 | Associated Press

Tuesday’s inflation report from the Labor Department is expected to show that businesses kept overall prices unchanged for a second straight month. But a closely watched category called “core prices” is predicted to outpace the Federal Reserve’s 2% annual target.

Is economy on track for soft landing? Jobs report might offer clues.

December 8, 2023 | Associated Press

The November jobs report from the Labor Department is expected to show that employers added a still-solid 172,500 jobs last month, according to a survey of economists by FactSet.

Carmel Center Apartments complex sells for nearly $82M

December 7, 2023 | Daniel Bradley

The sale of Carmel Center Apartments from Louisville-based NTS Development Co. to Dayton, Ohio-based The Connor Group closed at a significantly higher price than what NTS paid for the property in 2015.

Kroger seeks to expand store at busy intersection in Noblesville

December 7, 2023 | Daniel Bradley

The plan calls for expanding the 75,000-square-foot Kroger store by 50,000 square feet, constructing 75,000 square feet of additional retail space, and adding a Kroger fuel station and retail buildings along 146th Street.

City-County Council approves downtown sports taxing district, purchase of Broad Ripple Family Center

December 4, 2023 | Mickey Shuey

The council also approved tens of millions of dollars in bonds to support the redevelopment of Old City Hall, a demolition of the former Jail I building and renovation of portions of the City-County Building. Also passed Monday was a plan to create a study commission on the use of artificial intelligence.

Pacers to sell 15% ownership stake in franchise to billionaire Steven Rales

November 30, 2023 | Mickey Shuey

Rales, a businessman and film producer, will increase his stake in the team from 5% to 20% with the acquisition, which is pending approval of the NBA.

Westfield marks Grand Park’s 10th anniversary with 30-minute documentary

November 30, 2023 | Daniel Bradley

The city used $30,000 from its Grand Park promotional fund for the documentary called “We Field Champions” that was produced by Noblesville-based filmmaker Cameron Sprinkle.

Brinegar reflects on decades-long career at Chamber, Statehouse

November 28, 2023 | Whitney Downard, Indiana Capital Chronicle

From his first legislative session in 1981 to his last in 2023, Kevin Brinegar has personally witnessed some of state’s most pivotal, historic moments—either crunching numbers for Senate Republicans or leading the Indiana Chamber of Commerce.

After 20-year-old Amazon employee dies at work, Indiana issues $7,000 fine

November 26, 2023 | The Washington Post

Such cases reveal the limited ability of state and federal safety regulators to effectively levy penalties or enforce safety policies on powerful corporations like Amazon, which made $9.9 billion in profit in the last quarter.

Alcohol-free businesses provide the drinks without the hangover

November 24, 2023 | Daniel Bradley

Booze-free bars and nonalcoholic retail bottle shops are found mostly on the coasts, but a handful have taken root in the Midwest.

City committee checks box on downtown taxing district for soccer stadium

November 21, 2023 | Mickey Shuey

As approved by the Metropolitan and Economic Development Committee, the district would collect various taxes to cover a portion of the cost for the stadium at the proposed Eleven Park development. The City-County Council now must weigh in.

From airlines to ticket sellers, companies fight U.S. to keep junk fees

November 19, 2023 | The Washington Post

Corporations have fought vigorously to thwart even the most basic rules that would require them to be more transparent about hidden charges, according to a Washington Post review of federal lobbying records and hundreds of filings submitted to government agencies.

Why do Americans feel gloomy about the economy despite falling inflation, low unemployment?

November 19, 2023 | Associated Press

Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.

Younger Simon uses his influence as Pacers co-owner to better Indiana

November 17, 2023 | Mickey Shuey

The eldest son of Indiana Pacers majority owner Herb Simon has made passionate forays into civic engagement, creativity and philanthropy.

Mark Montieth: Returning to his roots

November 17, 2023 | Mark Montieth

Why would a 12-season NBA veteran coach a high school team? Teague earned nearly $100 million, so it’s not about the money.

Editorial: Hogsett should lead from the front on downtown tax proposal

November 17, 2023

We’ll leave it up to the elected officials, with input from downtown property owners, to decide whether the downtown tax is a good idea. But we do wish the mayor would lead on this issue and either publicly advocate for the tax or oppose it.

All-in cost of Pan Am Plaza hotel, convention center expansion might surpass $1.6B

November 16, 2023 | Mickey Shuey

The city on Wednesday and Thursday sold $581 million in bonds for the development through the Indianapolis Local Public Improvement Bond Bank, consisting of $436.8 million in tax-exempt revenue bonds for the hotel portion of the project, and another $155 million for the convention center expansion.

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