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Average rate on a 30-year mortgage drops to lowest level since October
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also fell.
Taylor Swift’s economic pull makes orange the new green for big brands
Numerous corporations, from United Airlines to Olive Garden, began posting orange hued memes on their own social media accounts soon after the new album was announced.
Southwest to launch new international nonstop route from Indy for spring break 2026
The flight will operate once-weekly over a monthlong period, giving spring break travelers another international destination from Indianapolis International Airport.
Irvington Community Schools charter network restarts CEO search after staff absences, public protest
Dozens of students, staff, and parents gathered outside Irvington Preparatory Academy on Tuesday to demand a different CEO. Former CEO Häns Lassiter resigned in February with no public explanation.
US producer prices surge in July as Trump tariffs push costs higher
U.S. wholesale inflation surged unexpectedly last month, signaling that the president’s sweeping import taxes are pushing costs up and that higher prices for consumers may be on the way.
Lilly hikes obesity shot price in UK as Trump pressures drugmakers
Trump sent letters to 17 of the world’s largest drugmakers earlier this month, including Lilly and Novo Nordisk A/S, insisting they lower what they charge Medicaid in the U.S. for existing drugs.
Fishers to add outdoor activity space near Arts & Municipal Complex
A pergola will provide space for the Fishers Art Center, while a large tent will host holiday events later this year. Combined, the structures will cost more than $440,000.
Indiana House Democrats assemble with Texas colleagues against partisan gerrymandering efforts
The groups met on the same day national nonpartisan election advocates softened their uniform opposition to gerrymandering, saying they recognized the “wide-reaching crisis in our democracy.”
Social Security’s 90th anniversary marked by funding threats, privatization talk
Trump and other Republicans have said they will not cut Social Security benefits, yet the program remains far from the sound economic system that FDR envisioned 90 years ago.
GE Appliances shifts more production to US as part of a $3 billion investment
The majority of GE Appliances’ production is already in the U.S. and the shift means only that the company will transfer more work to its domestic plants.
Labor unions mobilize to challenge advance of algorithms in workplaces
The renewed drive to regulate AI could change how workers are exposed to AI in their jobs and complicate industry plans to roll out technology.
Appeals court says Trump officials can withhold billions in foreign aid
The panel majority, which included judges appointed by Republicans George H.W. Bush and Donald Trump, found international aid groups did not have standing to bring a lawsuit.
LIV golf event could bring near-record crowd to Westfield this weekend
A LIV spokesperson told IBJ that about 50,000 total spectators are anticipated for the Aug. 15-17 event at The Club at Chatham Hills.
Why many Americans are rethinking alcohol, according to a new Gallup poll
CNBC reported earlier this year that non-alcoholic beer sales were expected to surpass ale as the second-largest beer category worldwide. Retail sales for non-alcoholic beer surpassed $17 billion in 2023.
Trump’s nominee to oversee jobs and inflation data faces shower of criticism
E.J. Antoni’s selection threatens to bring a new level of politicization to what has long been a nonpartisan agency widely accepted as a producer of reliable measures of the nation’s economic health
Tie-Breakers sports bar to open on Mass Ave in former MacNiven’s space
The Mass Ave address will be a change of scenery for owner Rob Strong, who’s closely associated with socializing near Lucas Oil Stadium because of The Whistle Stop and the former Stadium Tavern.
Social media opens a window to traditional trades for young workers
The exposure is also changing the game for trade schools and employers in such industries as manufacturing and construction, which have long struggled to attract workers.
Homeowners turn to cash-out refinancing to take advantage of big gains in home equity
Cash-out refinances, in which homeowners take out a loan for more than they owe on their mortgage and pockets the difference, accounted for roughly 60% of all home loan refis in the second quarter.
Indy council GOP caucus abruptly selects new minority leader
Just seven months after selecting Councilor Michael-Paul Hart as minority leader, council Republicans have abruptly replaced him with a colleague who formerly held the post.
