People spending less on hotels, flights, restaurants and more
An emerging pullback should be welcome news for the Federal Reserve, which has been taking aggressive steps for more than a year to slow the economy enough to bring down inflation.
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IBJ Podcast: Pete The Planner on potential student loan tumult and its wider economic threats
Federal student loan borrowers haven’t been required to make loan payments since March 2020. But the grace period is almost over: Some 44 million borrowers will be required to either begin or continue making payments in September.
Indiana budget regulators requiring state agencies to hold back 2% ‘management reserve’
A memo issued by the State Budget Agency last week says that, despite “our strong financial position,” the state needs “to be mindful of unknown factors.”
Insurers clamping down on doctors who prescribe Ozempic for weight loss
Indianapolis-based Elevance Health, which operates Anthem plans, said that in most cases, it won’t cover Ozempic unless a patient is diagnosed with diabetes and has tried another medication to manage it, but physicians can still prescribe it.
Indiana charter schools could have easier path to acquiring district buildings
The new version of the law targets districts with declining enrollment, such as the South Bend Community School Corp. and Indianapolis Public Schools, which had an average building utilization rate of 60% in 2021-22.
SEC lawsuits against cryptocurrency companies raise questions about industry’s future
The SEC filed lawsuits last week against the world’s biggest cryptocurrency exchanges, Binance and Coinbase, deepening tensions between the government and a volatile industry that has been marred by scandals and market meltdowns.
Bohanon and Horowitz: Debt-limit bill shows compromise still exists
| Cecil Bohanon and John Horowitz
While the recent debt-limit bill did not solve the United States’ long-running fiscal problem, its process gives us a glimmer of hope.
Jalene Hahn: Preparing for the other side of retirement is more than money
Getting ready for retirement financially is a lifelong balancing act between having an enjoyable current lifestyle and preparing to maintain a comfortable lifestyle over a long, uncertain future.
Lilly battling rivals for breast-cancer patients
The Indianapolis-based pharmaceutical giant is spending hundreds of millions of dollars to win over patients with an extensive advertising campaign.
Human resources firms cautiously adopting AI
The growth of artificial intelligence tools and the increasing sophistication of the technology has made AI a target for regulators, especially in hiring.
Local professional teams help kids get leg up on sports
The franchises are leaning heavily into youth sports—hoping to create lifelong fans or even a talent pipeline—by sponsoring recreational leagues, hosting skills camps and clinics, or even creating travel programs.
Haughville pursuing vision to make Belmont Beach permanent park
Community leaders and volunteers are working to turn a site that was once a swimming hole on the White River for Black Indianapolis residents into a year-round destination.
West Terre Haute carbon-capture project viewed as forerunner
By the time it’s expected to come online in 2026, a Wabash Valley Resources fertilizer plant will be able to capture and store up to 1.65 million tons of carbon dioxide annually.
Kristen Cooper: Indiana feels unsafe to LGBTQ+ community
Five members of The Startup Ladies (who are highly educated and have created businesses and jobs in Indiana) have moved to different states because they no longer feel safe living and working here.
Made in Indiana: Chocolate by South Bend Chocolate Co.
As a young boy working in his father’s candy store in the 1970s, Mark Tarner got an early taste of the sweet life.
Editorial: Taxpayers need data, information before votes, not after them
IBJ will continue to press for the information about the Signia project and all other information we think the public has a right to know.
Nate Feltman: Join me at Mickey’s Camp this summer
Mickey’s Camp for women will be held Aug. 14-16, and Mickey’s Camp for men Aug. 16-18.
Trish Demeter and Ed Burgess: A fateful choice looms for Indiana’s electricity grid
| Trish Demeter and Ed Burgess
The state has the once-in-a-generation opportunity to drive energy costs down by simply taking advantage of market competition and acknowledging present-day realities.
Al Hubbard: Indiana enacts historic policies to build a better workforce
With all our forward momentum in technology and commerce, one area has been noticeably less open to opening new doors and doing new things over the past half-century: K-12 schooling.
Derek Schultz: Ascending with Fever phenom Aliyah Boston
Coming off a heralded career where she was one of the faces of college basketball, the 2022 Wooden Award winner has been tabbed as the missing centerpiece to resuscitate the moribund Fever.
