US economy expands at 4.3% annual rate in the third quarter, fastest in 2 years
But economists caution that persistent and potentially worsening inflation could make a January interest rate cut from the Fed less likely.
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Dozen-plus Indy-area industrial parks sold to California firm
The portfolio consists of 38 buildings in total with a healthy collective occupancy rate of 97.5%. Their value as renovated space is far greater than new construction, according to the seller.
Indiana lawmakers to weigh joining Trump’s tax cuts
Legislators would likely need to act quickly to enact any tax breaks for 2025 before individuals and businesses begin filing their tax returns.
How corporate counsel are dealing with artificial intelligence in-house
The integration of AI adds a new layer of legal precautions for corporate counsel to navigate to ensure that both their companies and employees comply with company policy and ethical standards.
Indiana State Fair Commission names next executive director
The fair commission’s longtime executive director, Cindy Hoye, will step down in March.
Carlisle to step down as National Basketball Coaches Association president
The 66-year-old Carlisle is one win from the 1,000th of his coaching career. He spoke very highly of his soon-to-be replacement.
Wage garnishment for defaulted student loans to resume early next year
There were about 5.3 million borrowers who had not made a payment on their federal student loans for at least 360 days as of June 30.
Former nonprofit exec gets 33 months in prison, ordered to repay more than $2M
Authorities said the woman diverted company funds to pay personal expenses, such as credit card bills, golf equipment, wine and luxury travel, including an 11-day stay at the Four Seasons in Hawaii.
Instacart ends a program where users could see different prices for the same item at the same store
A recent report by consumer advocacy agencies said Instacart offered nearly three out of every four grocery items to shoppers at multiple prices as part of an experiment.
Epcon Communities planning 161-home development in Noblesville
Developers told members of the Noblesville City Council that Courtyards of Deer Creek would not be age-restricted, but it would be targeted toward people ages 55 and over.
US regulators approve Wegovy pill for weight loss, giving Novo Nordisk an edge over Lilly
Novo Nordisk’s Wegovy pills are expected to be available within weeks, while Indianapolis-based Eli Lilly and Co. waits for approval for its daily GLP-1 pill, orforglipron.
Why The Washington Post’s editorial board dubbed Indiana its ‘state of the year’
The Post’s editorial board announced the distinction Monday, kicking off what the board says is a new yearly tradition to recognize states that “did the most to improve or otherwise acted in a way worthy of distinction.”
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Fishers real estate agent becomes latest candidate in open Indiana Senate race
District 31, which includes parts of Hamilton and Marion counties, is currently held by Sen. Kyle Walker, R-Lawrence, who announced earlier this month that he will not seek a second term.
Hoosier consumers to share $10.5M in national Google Play Store settlement
In addition to consumer payments, Indiana is expected to receive about $1.4 million in penalties from Google, with final figures to be updated in the coming weeks.
UPDATE: Democrats announce plans to elect Maggie Lewis, John Barth as new council leaders
| Taylor Wooten and IBJ Staff
Lewis previously served as president from 2012 to 2017. The council—which Democrats control 19-6—will make the decision official at the Jan. 5 council meeting.
Neidhammer Coffee Co. to close amid nonprofit owner’s funding crisis
The nonprofit 91 Place—which purchased Neidhammer Coffee Co. in 2023—is also seeking support to continue offering places to stay for young adults affected by homelessness, trafficking and violence.
Behind the walls of Indiana’s ICE detention facility
The Indiana Capital Chronicle recently took an hourlong tour of Miami Correctional Facility—the first media allowed in what federal officials have referred to as “the Speedway Slammer.”
