UPDATE: Labor dispute stops Canadian freight railroads, could cause major economic disruption in U.S.
Billions of dollars of goods each month move between Canada and the U.S. via rail, according to the U.S. Department of Transportation.
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Applications for new homes continue to rise in Indy area
While home construction hit a downturn nationally in July, builders continued to see growing demand for new homes in central Indiana.
Tippecanoe County extends pipeline moratorium as IEDC eyes other options for LEAP district
Tippecanoe County Commissioners first enacted a stoppage to high-volume water withdrawals in November in response to an IEDC proposal to take 100 million gallons a day from Wabash River aquifers and carry it 35 miles away to the LEAP district.
Price of gold reaches record high. Here’s why.
Interest in buying gold often comes at times of uncertainty—with potential concerns about inflation and the strength of the U.S. dollar, for example, causing some to look for alternative places to park their money.
Fed minutes: Most officials favor rate cut in September if inflation cools
Further guidance on the Fed’s next steps is expected when Chair Jerome Powell gives a highly anticipated speech Friday morning at the annual symposium of central bankers in Jackson Hole, Wyoming.
Gallery Bistro & Bar closes after four years in Wholesale District
Gallery Bistro & Bar opened across the street from Gainbridge Fieldhouse in July 2020 and permanently closed this month.
Rush selected as chief justice for a third five-year term
Indiana’s Judicial Nominating Commission took only minutes to confer before unanimously selecting Indiana Supreme Court Justice Loretta Rush to continue in her role as chief justice.
Tale of two retailers: Target reverses sales slump while Macy’s reports another quarterly decline
Consumers are still spending, but they’re being selective about where they make purchases when the costs of housing, food and other essentials remain inflated.
Big fix to jobs data shows labor market was far weaker than previously reported
The government reported Wednesday that the economy created 818,000 fewer jobs from April 2023 through March 2024, in the biggest revision to federal jobs data in 15 years.
Tess Gunty, Maurice Broaddus among nine honored Indiana authors
The Indiana Authors Awards, administered every other year by Indiana Humanities, were announced Wednesday in nine categories.
Ford to shift electric vehicle strategy by building lower-cost pickups, commercial van
Electric vehicle sales in the U.S., Ford’s most profitable market, are still growing but have slowed as more practical consumers worry about range and the ability to recharge while traveling.
Indiana’s slowing population growth expected to decline sharply as deaths outpace births
Overall population growth in Indiana will nearly skid to a halt by the 2050s while the Indianapolis metropolitan area attracts residents at relatively robust clip over several decades, according to new projections from Indiana University demographers.
Indiana green-energy fund begins lending for renewables, efficiency projects
The commercial lending program targets Hoosier businesses, not-for-profits and governments to help lower their energy costs.
Hogsett mandates sexual harassment training for all employees
The Hogsett administration is currently under scrutiny after three former female employees made harassment accusations against former Chief of Staff Thomas Cook, who served as Hogsett’s close adviser for years despite concerns raised about his behavior.
Google must face trial over claims Chrome misled users on data collection
The ruling adds to the significant legal defeats that Google has been dealt in the past year.
Federal judge strikes down FTC rule banning noncompete agreements
A federal judge in Texas on Tuesday found the Federal Trade Commission exceeded its authority with a rule that would have voided contracts that bar workers from moving to rival employers.
7th Circuit rules Indiana can enforce reasonable ballot access restrictions for political candidates
Indiana’s requirements for ballot access by petition are constitutional, the 7th Circuit Court of Appeals ruled this week in upholding a lower court’s ruling.
Study: Lilly’s Zepbound cut risk of diabetes by 94% in obese people
The longest continuous study of Indianapolis-based Lilly’s drug Zepbound to date included more than 1,000 patients.
All Things Carmel store closes as funds redirected to fire, police, roads
All Things Carmel opened in 2016 in Sophia Square in response to sell Carmel-branded or Carmel-related merchandise.
New ad urges Sen. Todd Young to support permanent small biz tax deduction
The National Federation of Independent Business said Monday it released the 30-second Indiana ad as part of a national push to extend a 20% small business deduction.
