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The size of the state surplus has triggered Indiana’s automatic tax-refund law, with an estimated $545 million being divided evenly among 4.3 million taxpayers.
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.
Officials at 16 Tech on Wednesday unveiled a bridge design that they say is both pedestrian-friendly and architecturally unique. The overall project, which includes the bridge and related road work, has an estimated $20 million-plus price tag.
Todd Hollman, who co-owns the Dave Diggity franchise group with Tyler Freeland and Matt Fortney, said the Broad Ripple building will be the second Indiana location for Dave’s Hot Chicken.
Elanco Animal Health Inc. officials say they expect to break ground on the company’s new $100 million headquarters just west of downtown Indianapolis in early 2022 after fine-tuning plans for the project with city and state officials.
The last of six monthly payments, up to $300 per child, is scheduled to hit bank accounts on Wednesday.
The seven-time NASCAR champion had been speeding toward the Indy 500 decision he finally announced Wednesday since he moved to IndyCar earlier this year.
With Americans paying more across the board for necessities like food and gas, the slowdown in spending may be an indication of inflation fatigue.
Players and coaches (including Pacers head coach Rick Carlisle) are again missing games due to protocols, underscoring what NBA officials have been saying for weeks: The pandemic is still very much a problem.
Facing rising infections and a new COVID-19 variant, colleges across the U.S. have once again been thwarted in seeking a move to normalcy and are starting to require booster shots, extend mask mandates, limit social gatherings and, in some cases, revert to online classes.
Announced Tuesday, the $30 million Promise Neighborhood grant will boost local efforts in the Near Eastside and Martindale-Brightwood communities to address poverty and improve education and community support systems.
The school district announced earlier this month that it would recommend ending a contract with Ignite Achievement Academy to operate Elder W. Diggs School 42.
Capping a marathon day, the House gave final approval to the legislation early Wednesday morning on a near-party-line 221-209 vote, defusing a volatile issue until after the 2022 midterm elections.
Omicron is not the only reason testing is taking on renewed importance. Anticipated approval of antiviral pills that COVID patients can take at home is also expected to increase demand for fast tests that can provide reliable results.
Among other changes, the two weeks of paid emergency leave that Kroger has been offering to employees who contract COVID-19 will no longer be extended to the unvaccinated, unless local jurisdictions require otherwise.
Seventeen regions representing all corners of the state will each get a slice of the $500 million in state-funded regional grants, with $65 million going to regions in the Indianapolis metro area.
As the Delta variant wreaks havoc in Indiana, CDC officials on Tuesday said the omicron variant is rapidly spreading in the United States and could peak in a massive wave of infections as soon as January.
Pure Eatery plans to end its 11-year run as a fixture in the Fountain Square neighborhood, the owners said Tuesday in a social media post.
Develop Indy, Indianapolis’ economic development agency, made incentive deals involving 71 business relocation or expansion projects during the first 11-plus months of the year, officials announced Tuesday.
If implemented, the projects could remove more than 650 parcels from the federal 100-year floodplain, releasing properties in the southwest-side neighborhood from expensive flood insurance requirements.
