Stocks fall as investors fret over jobless claims, inflation
Bond yields continue to climb, as murmurs of inflation have started among investors and as the economy continues to climb out of the hole that was created by the pandemic.
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One of 10 in United States might have to switch occupations after pandemic
Women, minorities, the young and the less educated will probably be the hardest hit by what consultant firm McKinsey & Co. foresees in a new report as an unprecedented hollowing out of low-wage work in retail, hospitality and other industries.
IU McKinney, Purdue unveil new joint degree program
Indiana University Robert H. McKinney School of Law is partnering with Purdue University to create the first agricultural economics and law program in the nation, the Indianapolis law school has announced.
Texas power outages below 500,000, but water woes persist
Authorities ordered 7 million people—a quarter of the population of the nation’s second-largest state—to boil tap water before drinking it, following record low temperatures that damaged infrastructure and pipes.
Experts: Gulf freeze may boost gas prices, but only briefly
A deep freeze in the Gulf state region and beyond that killed dozens of people, left millions without power and jeopardized drinking water systems also forced as many as 11 refineries offline, according to travel app GasBuddy.
What we’re loving: Vintage jewelry art from the Wanamaker Flower Shoppe
These sparkly framed art pieces would be the perfect thing to tuck into a bookcase amid some family collectables or add to a gallery wall for that little something extra.
Senate committee narrowly approves bill that strips funding from IndyGo
Senate Bill 141, authored by Sen. Aaron Freeman, R-Indianapolis, would withhold 10% of local income tax revenue from IndyGo until it meets a private fundraising threshold established in a 2014 law.
Colts pick up QB Carson Wentz from Eagles for draft picks
Wentz finished third in NFL MVP voting in 2017 when he led the Eagles to an 11-2 record before a knee injury ended his season. But he just wrapped up the worst season of his five-year career.
Retailer Shoe Show to depart Circle Centre
The North Carolina-based retail chain opened its Circle Centre location in late 2019. The company’s other area stores will remain open.
Indiana COVID-19 cases hit lowest mark since September
The Indiana State Department of Health said 3,640 new individuals were tested for COVID-19 on Wednesday, the lowest number since May 13.
Walmart sales still surging, but a chill may be on the way
Walmart has pushed hard into fast and convenient delivery during the pandemic. But even the massive infrastructure put into place by Walmart in recent years was strained by the crush of orders from millions of people sheltering at home.
Martindale-Brightwood chosen for Lift Indy development program
The neighborhood will receive about $3.5 million in funding over the next three years from the U.S. Department of Housing and Urban Development Home Investment Partnership Program and the Community Development Block Grant program.
U.S. jobless claims rise to 861,000 as layoffs stay high
The figures underscore that the job market has stalled, with employers having added a mere 49,000 jobs in January after cutting workers in December.
Proposed plan by Thompson Thrift would bring homes to Fishers District
The Villas at Fishers District would bring 210 paired villas and 40 townhomes to the southeast corner of Ikea Way and USA Parkway.
House passes pregnancy accommodations bill that lacks requirements
House Bill 1309, authored by Rep. Karen Engleman, R-Georgetown, will allow employees to request accommodations from their employer—something pregnant workers are already permitted to do.
Q&A: Pastor leads effort to engage downtown residents
Rev. Gray Lesesne is bringing the lessons learned from creating a church from scratch to his new post as dean and rector of Christ Church Cathedral on Monument Circle.
How Indiana has cut funding for students in poverty, hurting urban schools
In recent years, Indiana lawmakers have prioritized across-the-board increases for schools over support for disadvantaged students, favoring budget strategies that buoy more affluent districts while higher-poverty schools say they’re left without enough resources to serve disadvantaged students.
Children’s Museum lawsuit over Drake moves ahead amid talks with developer
An effort by the Children’s Museum of Indianapolis’ to overturn the city’s designation of the Drake apartment building as a historic property has been transferred to federal court—even as the organization continues working with city officials on a plan to salvage the building.
Lawmakers facing off with GameStop saga’s key players
The episode has been portrayed as a victory of the little guy over Wall Street titans, but not everyone is buying it. Lawmakers from both parties are among the skeptics.
U.S life expectancy drops a year in pandemic, most since WWII
Minorities suffered the biggest impact, with Black Americans losing nearly three years and Hispanics nearly two years, according to preliminary estimates Thursday from the Centers for Disease Control and Prevention.