A 10% drop for stocks is scary, but isn’t that rare
The U.S. stock market has just dropped 10% from its high set last month. Wall Street has a name for such a decline: a “correction.”
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Postal Service to work with DOGE on reform, cut 10,000 workers
The agency previously announced plans to cut its operating costs by more than $3.5 billion annually.
Pickleball chain picks Westfield for third area location
The Westfield facility will have 12 courts—including two championship-sized courts—a pro shop, a private community and event room, and a patio for outdoor events.
State workforce development leader steps down
The Indiana Department of Workforce Development’s general counsel will lead the agency for now.
Some universities freezing hiring, laying off staff amid federal funding cuts
Over the last two weeks, more than a dozen institutions have announced limits on hiring for faculty and staff positions and other measures to tighten purse strings.
International immigration drove Indiana’s growth last year, not births, analysis says
The 44,144 residents added in 2024 represent Indiana’s largest one-year increase since 2008.
With ‘Curious Incident,’ Civic Theatre seeks understanding
Director Jay Hemphill describes “The Curious Incident of the Dog in the Night-Time” as an adventure, a murder mystery and a family drama.
Judge orders Trump to rehire probationary workers let go in mass firings across multiple agencies
There are an estimated 200,000 probationary workers across federal agencies. They include entry level employees but also workers who recently received a promotion.
Bill to reduce dollars withheld from construction contractors breezes through Senate committee
Key elements of House Bill 1033 would establish a maximum amount of retainage—the portion of payment withheld from a contractor until a project reaches completion—for certain state and local projects.
Parkwood Crossing—central Indiana’s largest office park—gets new name
Philadelphia-based Rubenstein Partners has rebranded the office park to reflect its location as an entryway into Carmel.
Trump threatens 200% tariff on European wine after EU proposes American whiskey tariff
President Donald Trump, in a Thursday social media post, vowed a new escalation in his trade war if the EU goes forward with the planned 50% tariff on American whiskey.
Pete Buttigieg won’t seek Senate seat in Michigan, source says
While Buttigieg’s decision could weaken Democrats’ chances of retaining a critical Senate seat in 2026, it might also strengthen the party’s search for new national leadership.
North of 96th roundup: 1933 Lounge, Cava among restaurants planning openings in northern suburbs
Multiple retailers, restaurants and other businesses and organizations recently opened or began planning new locations in the north suburbs of Indianapolis.
Vera Bradley to sell Pura Vida business as part of ‘strategic evolution’
Vera Bradley, which had already acquired a 75% ownership stake in the California-based jewelry brand in 2019, acquired the remaining 25% interest in 2023.
Indiana House considers another property tax overhaul solution
Wednesday’s amendment to Senate Bill 1 marked the bill’s third major iteration this session, signaling that legislative leaders have not yet settled on the approach to lower property taxes.
Sports industry to take center stage during new TEDSports event in Indy
An international two-day series of sports-focused seminars and workshops is set to converge on the Old National Centre in downtown Indianapolis later this year.
Council panel recommends Hogsett pick for deputy mayor despite scrutiny over employee treatment
The vote came moments after an employee told councilors that Lena Hill had harassed her for months.
Ten athletic directors to enforce new rules under college sports lawsuit
The new rules will come into play when terms of the landmark $2.8 billion antitrust settlement reconfiguring the industry go into effect this summer.
Braun issues orders on environmental justice, overregulation
Indiana Gov. Mike Braun made dual executive orders Wednesday—and said President Donald Trump’s timber production goals aren’t aimed at Indiana or its Hoosier National Forest.
IU, Purdue Indianapolis campus leaders envision transformed academic cityscape
Leaders from the Indianapolis campuses of Indiana and Purdue universities outlined visions for increased collaboration and a transformed urban campus at an Economic Club of Indiana luncheon Wednesday.
