Nation’s largest retail group forecasts 4.4% annual sales gain despite volatility
The 2026 sales forecast exceeds the 3.6% average annual sales growth over the past 10 years, excluding the pandemic period from 2020 to 2022.
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Iran war has US farmers worried about cost, availability of fertilizer
Thousands of farmers across the country will pay far more this spring than they expected for fertilizer that is essential to their crops.
Fed keeps key rate unchanged as Powell vows to stay until DOJ probe is done
Federal Reserve Chair Jerome Powell suggested that the central bank remained concerned about inflation that was still stubbornly elevated even before the Iran conflict’s impact on gas prices.
Metropolitan Development Commission approves $4B data center plan over resident objections
Seattle-based Sabey Corp. plans to build the facility on 130 acres near the northeast corner of Kentucky Avenue and Camby Road on the far-southwest side of the city.
US wholesale prices see biggest rise in a year
U.S. wholesale prices came in hotter than expected in February, driven partly by a sharp increase in food costs.
WNBA, players union reach ‘transformative’ agreement in principle
Now, the league will have a sprint over the next two months to get to opening day on May 8.
US drivers see gas prices jump to highest level since 2023 as Iran war drags on
In Indiana, average gasoline prices have climbed by more than a $1 per gallon over the past month.
Longtime GM of JW Marriott Indianapolis handing over the keys
Phil Ray, whose tenure at the largest hotel in Indianapolis include hosting 26 college basketball teams during the pandemic, plans to end his 41-year career in the hospitality industry this spring.
Indiana attorney general involved in ballot case that could impact office staffer
Court fight continues over challenge to same-last name candidate in Republican state Senate primary
Are boomers the real iPad babies?
Research shows social media use is growing among people 65 and older — and some of their children and grandchildren are worried they’re slipping quietly into screen addiction.
Indianapolis International lands new airline, new East Coast business routes
The new routes boost the number of nonstop destinations offered by the airport to 57—the most in the airport’s history.
Indiana plans to cut Medicaid coverage of drugs through federal program
The change is expected to save the state’s Medicaid program approximately $63 million annually, but safety-net care providers say the cuts could put them in jeopardy.
Lilly spending $1.8B to update Indianapolis manufacturing operations
The Lilly Technology Center investment includes expanding existing capabilities and the establishment of new production lines.
Federal Reserve could signal no interest rate cuts this year in wake of Iran war
The Fed will release a set of quarterly projections on Wednesday, and they could alter their forecast of one rate cut this year to zero.
Latest federal payment to state for ICE detainees more than triples
Indiana has a two-year agreement with U.S. Immigration and Customs Enforcement to hold up to 1,000 detainees at a time in a previously unused wing of the Miami Correctional Facility near Peru.
Live Nation ticketing worker regrets calling customers stupid, he says at antitrust trial
The Justice Department reached a settlement with Live Nation last week to open up some ticketing and promotional markets to more competition, but 30 states are still pursuing the case.
New state law prevents city from fining violators of utility reporting ordinance
Under a new state law, Indianapolis will not be allowed to fine building owners for failing to report utility data as part of a sustainability-focused initiative.
IU’s Curt Cignetti to drive pace car at Indy 500
The national championship-winning coach is set to drive the new Chevrolet Corvette ZR1X to lead the May 24 race.
Republican primary ads launch in support of Trump’s call for redistricting revenge
The first wave of broadcast and digital advertising attacks have landed against Republican state senators who voted against the Indiana congressional redistricting.
Buckingham planning four-floor, $11M office building across from Central Library
Rdoor Housing Corp. is expected to be the primary tenant for the structure at 817 N. Pennsylvania St., which also would have a street-level bank branch.
