IBJ Podcast: Pete The Planner on the new rules for saving
Late last year, Congress passed a significant revision to the rules for retirement plans with the intent of extending and expanding your saving opportunities.
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Indianapolis mayoral candidates clash in first forum
Seven candidates for Indianapolis mayor discussed their policy plans in a candidate forum Sunday, but expected Democratic front-runners Mayor Joe Hogsett and State Rep. Robin Shackleford were no-shows.
U.S. government moves to stop potential banking crisis
In a sign of how fast the financial bleeding was occurring, regulators announced that New York-based Signature Bank had also failed and was being seized on Sunday.
Smoke shop to open in Fountain Square building once earmarked for a liquor store
CBD and vape retailer Higher Grade operates two locations in Noblesville plus single stores in Fishers, Carmel, Avon and Indianapolis.
These companies were affected by the Silicon Valley Bank crash
Among several businesses affected by the crash, Roku said it had about $487 million of its $1.9 billion at Silicon Valley Bank, about 26 percent of the firm’s cash as of Friday.
Ex-Indiana congressman Buyer convicted of illegal stock purchases
The verdict against Steve Buyer, a Republican lawyer who served in Congress from 1993 to 2011, was returned after a jury heard evidence about stock purchases he made after he became a consultant and lobbyist.
‘It’s hard to focus’: Schools say American kids are hungry
School cafeterias typically don’t turn away a hungry kid, but debts for unpaid school meals have been rising—showing the level of need, and raising questions about how schools will keep feeding everyone, without federal money to do it.
Silicon Valley Bank collapse leaves start-ups scrambling to pay workers
Flow Health employees were just a fraction of the thousands of people likely to be affected by the stunning collapse of Silicon Valley Bank on Friday, marking the second-largest bank failure in U.S. history and sending shock waves through the tech and finance worlds.
In volatile economy, customers clamor for CDs as interest rates rise
The run was precipitated by the Federal Reserve’s boosting its benchmark federal funds rate seven times last year, taking it from near 0% to a range of 4.25% to 4.5% in an effort to reduce inflation.
Cecil Bohanon and John Horowitz: Here’s why it’s hard to accurately measure inflation
| Cecil Bohanon and John Horowitz
Inflation is when it becomes more expensive to purchase that bundle of goods.
IEDC paying premium for farmland for Boone County tech district
The quasi-government entity has secured roughly 9,000 acres of land in Boone County for its LEAP Lebanon Innovation and Research District.
Money debate begins in Statehouse over transition to green energy
A bill advancing through the Legislature would add natural gas to the list of clean-energy projects state utility regulators could consider for a financial incentive known as “construction work in progress,” or CWIP for short.
Angie Stocklin: How open-book management helped us successfully pivot
Major company transitions take time, and I won’t pretend this rollout was quick and painless, but open-book management soon became an integral part of our company culture and was an additional layer of activating our core values, such as, “Act like an owner.”
Made in Indiana: Guitar amplifier speakers by Weber Speakers
History: Ted Weber worked at Delphi Electronics in Kokomo when he launched a hobby of making speakers for guitar amplifiers. Weber received positive feedback on his cone-shaped devices, and he transformed from hobbyist to professional when Weber Speakers debuted in 1997. In the early days, his son, T.A. Weber, assembled speakers in the family’s basement […]
Purdue professor puts high-tech spin on old-time construction staple
Luna Lu and her team at Purdue’s Lyles School of Civil Engineering are among a handful of organizations worldwide dabbling in how to commercialize “smart concrete.”
Cunningham restaurant empire keeps growing
On the verge of opening its 40th restaurant, Indianapolis-based Cunningham Restaurant Group is set to do business in Bloomington for the first time and expand its presence in Plainfield and Greenwood.
Pete the Planner: Don’t swap out for a tony house. Stay put.
I’m having a hard time getting my head around the logic in buying a new home (with the use of a mortgage) for those people who currently have mortgage rates in the 2% to 3% range.
Editorial: IEDC’s big spending in Boone County is investment in Indiana’s future
So far, the public criticism of the land purchases is less about price and more about whether the state should be buying the land at all.
Lesley Weidenbener: Doubt can serve as motivation
Insecurity and humility might just make us better at our jobs.
Mark Isenberg: Make insurance companies the initial payer of care
Why is the risk of collecting on high-deductible plans sitting squarely on the shoulders of hospitals and physicians?