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Company history: Founded in 2019 by Mark Pressley and Mark Taylor, Moon Drops is one of the state’s newest distilleries. It barreled its first bourbon in September 2021, going to market with its first products two months later. The company’s Lemon Shake-Up flavor, which debuted in May 2022, sold 422 cases in its first six […]
Consumer prices rose 2.3% in October from a year earlier. That’s up from 2.1% in September, although it’s still only modestly above the Fed’s 2% target.
Within the GDP data, a category that measures the economy’s underlying strength rose at a solid 3.2% annual rate from July through September, up from 2.7% in the April-June quarter.
Only one county in the nine-county Indy area reported a year-over-over decrease in single-family building permit filings in October.
More than 130 students have left Broad Ripple Middle School since its debut at the start of the school year. Some departing families cited poor communication and a chaotic environment. Some who stayed see significant improvements.
The market survey is conducted each year by volunteer shoppers across Indiana who search for the best prices while not using coupons or special promotions.
Adding to the headwinds: an incoming new U.S. president who has disparaged government support for electric vehicles.
Trump on Tuesday announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as director of the White House National Economic Council.
MyBiometry, a Massachusetts-based health technology firm that was one of five winners of the Rally IN-Prize pitch contest last year, has secured $5 million in seed funding and hired its first Indiana employees.
Indianapolis philanthropic leader Clay Robbins is the 19th person to receive the award, meant to honor outstanding community contributions.
The retailer has replaced the term DEI with “belonging” and no longer plans to consider race and gender when choosing suppliers—the latter a practice it adopted after the 2020 murder of George Floyd.
The Conference Board doesn’t break out its responses by party, but another measure of consumer sentiment by the University of Michigan showed that optimism about the economy jumped among Republicans after the election.
Even if inflation continued declining to the Fed’s 2% target, officials said, “it would likely be appropriate to move gradually” in lowering rates, according to minutes of the November 6-7 meeting.
Carmen Lethig held the economic development role for nine months, following more than four years as administrator of long-range planning with the city of Indianapolis.
Among the projects: A dog-bone-style roundabout will connect Main Street and First Street, and another roundabout would be built to the north at Sycamore Street and First Street.
On Nov. 15, a federal judge in Texas blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S.
The developments, known as The Kennedy and The Chloe, will offer market-rate and workforce housing options for residents near IU Indianapolis and IU Health’s $4.3 billion hospital campus.
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