Indiana unemployment rate holds steady in April at 2.2%
An estimated 72,191 Hoosiers are currently unemployed and seeking jobs, the state reported Friday. That’s down from 88,240 in December and 100,696 in November.
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Legislature poised to enact transgender athlete ban
As Indiana Republican lawmakers prepare Tuesday to override Gov. Eric Holcomb’s veto and enact a new law that would bar transgender girls from participating in girls’ K-12 sports, activist groups on both sides of the issue are ramping up their lobbying efforts.
Area homebuilders see 4th straight month of falling permits
Rising mortgage rates, supply-chain issues, increasing material costs and limited lot availability are hampering the market.
U.S. might be barreling toward recession in next year, more experts say
Although major swaths of the economy—including the job market and consumer spending—remain robust, there are mounting worries that rising borrowing costs for consumers and businesses, after years of near-zero interest rates, could cause a sudden retrenchment.
Fewer virtual days expected in Indiana schools after state policy change
Effective next school year, the state will limit schools to three days of asynchronous instruction—defined as days when over half of instructional time is virtual and self-paced, without students spending any online time with a teacher.
House passes bill to crack down on gasoline ‘price gouging’
The focus on price gouging comes as gas prices hit an national average of $4.59 per gallon Thursday—49 cents a gallon higher than a month ago and $1.55 higher than a year ago, according to AAA.
Carbon removal technologies to get $3.5B federal investment
The Department of Energy said Thursday it will release the money to groups developing direct air capture and other technologies that remove carbon dioxide.
Grosjean flirts with wall in Indy 500 practice
Romain Grosjean didn’t crash, but his high drift with 15 minutes remaining in practice came oh-so-close to kissing the outside wall of Indianapolis Motor Speedway.
CDC urges Pfizer booster for children ages 5 to 11
The CDC’s advisers pointed to growing evidence from older children and adults that two primary vaccinations plus a booster are providing the best protection against the newest coronavirus variants.
Court tosses $300,000 hospital bill for promised $1,300 tab
This week’s ruling follows efforts by many states and the federal government to help curb health care costs by restricting or eliminating so-called “surprise billing ” and requiring increased price transparency for consumers.
FDA head: Baby formula factory could reopen by next week
FDA Commissioner Dr. Robert Califf faced a bipartisan grilling from House lawmakers over the baby formula issue that has angered American parents and become a political liability for President Joe Biden.
GOP directs culture war fury toward green investing trend
ESG—which stands for environmental, social and governance—has yet to take hold as mainstream political messaging, but backlash against it is gaining steam.
Worker shortage driving U.S. nursing homes to brink of collapse
The median occupancy rate at skilled nursing facilities, historically around 90%, is forecasted to be 77% for the year. And most homes are losing money, with an expected median operating margin of negative 4.8%.
Indiana’s total gas tax to remain at 56 cents a gallon in June
Indiana’s average pump price hit $4.62 for a gallon of regular as of Thursday, up from $3.93 a month ago, according to AAA.
Saban accuses Texas A&M of using NIL deals to buy players
The Indianapolis-based NCAA lifted most of its rules barring athletes from earning money from sponsorship and endorsement deals last July, but there are concerns among many in college sports that NIL deals are being used to as recruiting inducements and de facto pay-for-play.
McDonald’s selling all 850 of its restaurants in Russia
Last year, McDonald’s Russian operations contributed 9% of the company’s total annual sales, or around $2 billion.
More buyers opt for adjustable-rate mortgages as rates rise
ARMs made up 13% of all home loans by dollar volume in March, their highest share since January 2020, according to CoreLogic.
Americans collecting unemployment benefits hit 53-year low
American workers are enjoying historically strong job security two years after the coronavirus pandemic plunged the economy into a short but devastating recession.
Westfield latest Hamilton County city to consider second-class status
The Westfield City Council plans to discuss a proposed ordinance at its meeting Monday night to change the city from third-class to second-class status—a move that would expand the council from seven to nine members and make other governing changes.
Colette Pierce Burnette looks forward to ‘heart’ work at Newfields
The museum’s annual meeting included the Indianapolis debut of the incoming CEO, the unveiling of what’s next for the Lume and an update on #BlackLivesMatter muralists.
