Economists: Quick rebound from recession is unlikely
Among the concerns is that people—employees and consumers alike—will remain too wary of contracting the coronavirus to return to anything resembling normal economic behavior.
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Among the concerns is that people—employees and consumers alike—will remain too wary of contracting the coronavirus to return to anything resembling normal economic behavior.
Tests will be administered from 10 a.m. to 6 p.m. Thursday and Friday at Eastern Star Church’s main campus at 5750 E. 30th St. to address the disparities in the impact of COVID-19 among African Americans and other high-risk populations.
For an eight-hour period that began at 4 p.m. Wednesday, the PPP loan application portal is being reserved only for the nation’s smallest lenders: those with assets of less than $1 billion.
The Nasdaq composite index rose to within 1% of erasing losses for the year, led by Alphabet after it reported an ad-sales slowdown that wasn’t as bad as expected.
By outsourcing the job to Virginia-based Maximus Inc., Indiana health officials hope to take the burden off of local health departments for the time-consuming job of contacting all COVID patients and learning who they might have exposed.
An experimental drug has proved effective against the new coronavirus in a major study, shortening the time it takes for patients to recover by almost a third on average, U.S. government and company officials announced Wednesday.
Federal Reserve Chairman Jerome Powell suggested that given the depth of the U.S. economic catastrophe, with perhaps 30 million people having lost jobs in the past six weeks, it will “probably will take some time for us to get back to a more normal level of employment and ultimately maximum employment.”
Novus Capital Corp. formed last month and is seeking to acquire companies “that are at the forefront of high technology.”
Woody Myers on Wednesday released a plan that includes establishing a state-funded stimulus program for small businesses, creating a small business recovery task force and launching a “Buy Indiana First” campaign.
A new survey released by Indianapolis-based Strada Education Network says an estimated 28 million American adults have canceled their education plans amid the COVID-19 pandemic.
AgriNovus Indiana, an agbioscience initiative by the Central Indiana Corporate Partnership, on Wednesday announced it has hired Mitch Frazier as its CEO.
The Indiana State Department of Health said Wednesday that the cumulative death toll in the state rose to 964, up from 901 the previous day—an increase of 63.
During its recent first quarter financial results call, Delta Air Lines announced reductions of 80% in U.S. domestic capacity and 90% international capacity.
The city counts on a portion of the music center’s sales to pay off debt it assumed to improve roads and sewers adjacent to the facility.
Anthem Inc. and Humana Inc. became on Wednesday the latest health insurers to stick with their 2020 earnings forecasts, even as the COVID-19 pandemic forces companies in many other sectors to abandon outlooks.
The Indianapolis-based NCAA is moving forward with a plan to allow college athletes to earn money for endorsements and a host of other activities involving personal appearances and social media.
It was the sharpest fall since the economy shrank at an 8.4% annual rate in the fourth quarter of 2008 in the depths of the Great Recession.
Even as a few states began reopening some businesses this week, it remains unclear how long it will be before health experts declare it safe to cram ticket-buyers into sweaty arenas, concert halls or even performances of Shakespeare in the park.
The sporting and recreational equipment manufacturer said it repaid its loan to comply with a rule change in the Paycheck Protection Program.
Carmel-based Fat Atom Marketing has gone out of business, citing the health crisis as the final straw. Marketing industry experts predict there will be a big increase in the number of firms forced to close due to the impact of the coronavirus.