UPDATE: Lawmakers expect ‘tough’ budget cuts to offset $2.4B drop in projected revenue
An updated revenue forecast presented to the Budget Committee projected the state’s revenue will flatline from 2025 to 2027.
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Powell says Fed can wait on any interest rate moves
Federal Reserve Chair Jerome Powell quoted Ferris Bueller during a speech about policy changes to the Economic Club of Chicago on Wednesday.
Trump administration creates uncertainty regarding federal office buildings, leases
Brokers representing building owners have generally refrained from discussing the issue publicly, either because of the fluidity of the situation or because their companies carry government leasing contracts.
Hancock County officials to consider proposal for 776-acre data center campus
Shelbyville-based Surge Development LLC is asking for a zoning change and variances to develop a data-center project with a first phase containing about five main buildings, as well as numerous electrical, administrative and cooling facilities.
WWE’s WrestleMania continues to bulk up, providing a dayslong extravaganza for fans
This weekend’s events in Las Vegas offer a preview of what could come to Indianapolis when it gets its turn to host WrestleMania. The city’s eight-year, three-event deal with WWE extends through 2032.
Bill abolishing court positions passes Indiana Senate
Eleven mostly rural counties will lose judges under a bill passed 33-16 by the Indiana Senate on Tuesday.
California to sue in effort to stop Trump from imposing sweeping tariffs
The lawsuit will argue that enacting such tariffs requires approval from Congress.
Retail sales jump by most in two years on car-buying rush
While autos saw the biggest advance in two years, the overall gain was broad, with 11 of the report’s 13 categories posting increases.
Roche Diagnostics hopes new self-collection HPV test will expand screening for cervical cancer risk
The test, one of the first of its kind, is designed to reach patients who may forgo traditional screening because of lack of access, past trauma or embarrassment.
Thousands of users report problems with music streaming app Spotify
The popular audio streamer appeared to be experiencing widespread technical issues Wednesday morning, with users having difficulty loading both the app and website, playing or hearing songs and using its search function.
Pacers owner announces new name for Noblesville-based G League affiliate
The team has been known as the Mad Ants since it was launched in Fort Wayne in 2007 as part of the NBA’s then-named D League, but the rebranding gives it a name Bobby “Slick” Leonard would have admired.
Existing-home sales in central Indiana continue to slip
Closed existing-home sales in the 17-county area fell for the fourth time in five months in March, but sales prices continue to climb.
Meta CEO Zuckerberg considered spinning off Instagram in 2018 over antitrust worries, email says
The email was shown Tuesday on the second day of an antitrust trial alleging Meta illegally monopolized the social media market.
ACLU sues federal government for revoking legal status of Indiana international students
The suit alleges the federal agencies unlawfully terminated the legal status of seven international students enrolled at three Indiana universities.
Agencies ordered to release billions of frozen dollars aimed at climate, infrastructure projects
U.S. District Judge Mary McElroy, who was appointed by President Donald Trump, sided with conservation and nonprofit groups.
Trump orders new efforts to lower drug prices
Trump’s order contains proposals to further lower the cost of insulin, importing more low-cost drugs and streamlining the federal approval process for some drugs.
UPDATE: Senate dissents, sends public camping ban bill to conference committee
More than a dozen Senate Republicans joined Democrats in voting against the legislation, which makes camping on public property a Class C misdemeanor.
Gov. Mike Braun signs contentious property tax relief bill
About 15 hours after the Indiana Senate approved a high-profile property tax bill, Gov. Mike Braun signed the legislation, codifying his campaign promise of providing widespread relief to Hoosier homeowners.
Bill targeting high hospital prices passed by Indiana Senate
The legislation threatens to strip large hospital systems of their state nonprofit status if they charge prices exceeding certain averages.
As Trump considers auto tariffs pause, parts exemptions could be key for industry
Though Trump says his tariffs are intended to bolster U.S. auto manufacturing, automakers aren’t able to reconfigure their sourcing in short periods of time, experts say.
