Wall Street heavyweights take a drubbing, from airlines to Big Tech
Few sectors were spared in trading Friday, a day after U.S. companies lost $2 trillion in value.
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Lawsuit accuses DraftKings, FanDuel of driving ‘compulsive gambling’
The city of Baltimore accuses the sports betting companies of violating state and city law by engaging in “unfair and deceptive practices.”
Federal Reserve chief says tariffs likely to raise inflation, slow economic growth
Federal Reserve Chair Jerome Powell’s focus on inflation suggests that the Fed will likely keep its benchmark interest rate unchanged at about 4.3% in the coming months.
U.S. added 228,000 jobs in March, nearly doubling expections
The unemployment rate rose modestly but for what economists consider a good reason: 232,000 people entered the labor force.
State leaders say potential federal funding cuts unlikely to cause special session
The Trump administration is considering cuts or changes to spending on Medicaid, education and other programs that could impact the state budget.
Despite CHIPS Act uncertainty, semiconductor industry insiders remain hopeful
President Donald Trump has spoken out against the CHIPS Act, meant to incentivize semiconductor-related development in the U.S., but industry insiders say they’re optimistic the initiative will survive.
Indiana bill roundup: Heavy-hitters on deck ahead of committee deadline
Several of the session’s most important pieces of legislation—including bills affecting the budget, property tax relief and health care transparency—will be heard, amended and passed out of committee next week.
China to impose a 34% tariff on imports of all US products
The new tariff matches the rate of the U.S. “reciprocal” tariff of 34% on Chinese exports that President Donald Trump ordered this week.
What to know about tariffs after Trump launches trade war
Goods imported from dozens of countries and territories are now going to be taxed at sharply higher rates, and that is expected to drive up the costs of everything from cars to clothes to computers.
20 new laws hit books with Gov. Mike Braun’s signature
Lawmakers have sent Indiana Gov. Mike Braun 38 bills thus far, and he has signed all of them.
Removal of tax loophole may make Shein, Temu orders more expensive
President Donald Trump on Thursday revoked a nearly century-old tax loophole that saved companies from paying tens of billions of dollars in fees on cheap imports, most of which come from China.
Pence to get Profile in Courage Award from JFK Library Foundation
The award will recognize former Indiana Gov. Mike Pence “for putting his life and career on the line to ensure the constitutional transfer of presidential power on Jan. 6, 2021,” the JFK Library Foundation said.
Report: GM to increase production, add jobs at Fort Wayne plant
The Fort Wayne plant produces the Chevrolet Silverado 1500 and GMC Sierra 1500 trucks, with about 1,300 units produced each day, according to the automaker’s website.
UPDATE: Stocks see worst day in five years after tariffs announcement
Wall Street underwent a level of shock Thursday unseen since COVID-19’s outbreak tore through financial markets worldwide.
Any stage is home to American Piano Awards finalists
The journey to the finals weekend for these five classical pianists included a range of venues, from the expected to the unconventional, allowing the artists to show off their skills.
New IU basketball coach DeVries to make $27M-plus over 6 years
Darian DeVries’ annual average salary of $4.5 million would have been fourth among Big Ten Conference basketball coaches last season
Following $1B Medicaid shortfall, state poised to drop firm that produced forecast
From fiscal years 2023 to 2024, the state’s Medicaid burden grew by 53.7%, from $2.6 billion to $4.1 billion.
Letters: Lawmakers should approve ISU project
As Terre Haute grows, our city’s future is tied to the strength and vitality of Indiana State University.
Nonprofit Excellence Nominations
Nominations open March 11. They close April 27. About the award: IBJ will honor Indiana nonprofits, foundations, organization leaders, businesses who work with nonprofits and philanthropists at the inaugural Nonprofit Excellence Awards presented by Katz, Sapper & Miller CPA & Advisors. There are several categories: Nonprofit of the Year, New Nonprofit of the Year, Nonprofit […]
