U.S. economy grew solid 2.3% during 4th quarter
Consumer spending grew at a 4.2% pace, fastest since January-March 2023. But business investment tumbled.
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OrthoIndy promotes Lavery to president
Dr. Matthew Lavery has been promoted to president at the Indianapolis-based orthopedic practice, succeeding the retiring Dr. Edward Hellman.
Westfield sees potential for business with South Korean companies, starting with hotel
Westfield officials hope a proposed $50 million hotel by South Korean-based Lotte Hotels & Resorts could provide an opening for more business with the country. City officials are planning an economic development trip to Asia in March to explore the possibilities.
Teriyaki Madness restaurant chain returning to Indianapolis market
Teriyaki Madness is expected to open in the Claybrooke Commons retail center on South Emerson Avenue, where fellow tenants include Bibibop Asian Grill and Mochinut.
Indiana’s 24,000 federal employees among those offered buyouts
Workers in Indiana were among the millions of federal employees who on Tuesday received a memo offering the option to resign while still receiving pay through September.
State regulators OK electricity rate hike for Duke Energy
The Indiana Utility Regulatory Commission, or IURC, gave approval for an increase of $395.7 million a year for rates and charges, down from the $491.5 million hike requested by Duke—a decrease of 19.5%.
Indiana casino relocation nixed without a vote
A bill to move a casino license from Rising Sun to New Haven was pulled by the chairman of the Public Policy Committee.
Gov. Mike Braun doubles down on campaign promises in first State of the State address
On Wednesday, most of the Indiana Black Legislative Caucus boycotted the event, instead opting to host their own rally.
Federal Reserve holds rates steady, sees inflation as ‘elevated’
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed.
Caitlin Clark declines invite to 3-point shootout at NBA All-Star weekend
Caitlin Clark is going to wait until Indianapolis hosts the WNBA All-Star weekend in July to enter her first 3-point contest as a pro.
Trump White House reverses course, rescinds freeze on federal grants
The Trump administration withdrew the order a day after a federal judge in Washington temporarily halted its implementation until Feb. 3.
Indiana lawmaker seeks regulations for early-wage-access industry
Critics of the bill, authored by Republican Rep. Jake Teshka, summed the proposal up as “re-warmed payday lending.”
Trump administration’s proposed funding freeze causes uncertainty, delays in central Indiana projects
| Taylor Wooten and Dave Lindquist and Susan Orr and Daniel Bradley and Associated Press
Although the White House’s planned federal funding freeze was temporarily paused by a judge late Tuesday afternoon and rescinded Wednesday, it’s already delaying some central Indiana-based projects.
Financial Center to absorb Post Office Credit Union in merger
Financial Center First Credit Union, which is among the Indianapolis area’s largest credit unions, plans to merge with the Indianapolis Post Office Credit Union.
Bankrupt Spirit Air rebuffs new takeover offer from Frontier
Spirit Airlines Inc. rejected a new acquisition offer from the parent of Frontier Airlines but said it remains open to a long-discussed combination of the budget carriers.
Indiana Fever re-sign Kelsey Mitchell, maintaining All-Star pairing with Caitlin Clark
Playing alongside Clark in the backcourt last season, Mitchell posted the best statistical season of her seven-year career.
Lilly’s Omvoh part of company’s expansion into inflammatory bowel disease treatment
The recent U.S. Food and Drug Administration approval for Eli Lilly and Co.’s Omvoh, a new therapy to treat Chron’s disease and ulcerative colitis, is the company’s latest step into the treatment of gastrointestinal diseases.
Trump offering federal workers buyouts in effort to shrink government
The email sent to millions of employees said those who leave their posts voluntarily will receive about eight months of salary, but they have to choose to do so by Feb. 6.
Central Indiana homebuilders close out big year with strong December
Central Indiana residential builders saw a surge in demand for new homes as 2024 came to a conclusion, making the year one of the strongest the industry has seen over the past two decades.
NCAA moves men’s basketball title game to earlier time
Gone is the 9:20 p.m. tipoff time that challenged all but the biggest fans to remain awake for “One Shining Moment.”
