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The June figures will qualify as another installment of the more good inflation data the central bank has been seeking. Should inflation remain low through the summer, most economists expect the Fed to begin cutting its benchmark rate in September.
Safavieh is planning a 601,350-square-foot warehouse on 37 acres at Ambrose Property Group’s Indianapolis Logistics Park Northwest that will eventually employ 60 workers.
The not-for-profit is renovating a 40,000-square-foot former factory near Garfield Park into a center that will also include a performance space, incubator storefronts, art and audio studios and more.
The grants to Cummins and Stellantis are among $1.7 billion in funding the Energy Department announced Thursday morning.
Optimism is rising among economists, investors and Federal Reserve officials that U.S. inflation is nearly under control, with the latest report on consumer prices expected to show another month of mild increases.
Sen. Jon Ossoff, D-Ga., and the bill’s two other sponsors, Judiciary Committee Chair Sen. Dick Durbin, D-Ill., and Sen. Mike Braun, R-Ind., launched the Senate Bipartisan Prison Policy Working Group in February 2022 amid turmoil at the Bureau of Prisons.
The Federal Reserve and the Office of the Comptroller of the Currency said Citigroup had failed to meet its obligations stemming from a 2020 consent order related to the bank’s risk and control issues.
The company disclosed the forthcoming 8% increase in the fee to gain entry into its more than 700 warehouses in the U.S. and Canada as part of a monthly sales report Wednesday.
Sean Eberhart admitted using his position as a lawmaker “to enrich himself by soliciting and accepting gifts, payments, and other things of value” from Spectacle Entertainment in exchange for “favorable official action.”
Four others will be seeking a lieutenant governor nomination at Saturday’s event.
Ionna, based in Durham, North Carolina, plans to install at least 30,000 charge ports in North America by 2030. Other automakers supporting Ionna include BMW, GM, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis.
The 746,672 square-foot Sephora facility is a build-to-suit project that will occupy the entire acreage assembled by VanTrust for Avon Landing’s second phase.
In January, the Federal Trade Commission said it would look into whether the investments and partnerships between AI companies and Big Tech are stifling true competition.
The Indiana Regional Cities Initiative aimed to encourage neighboring communities in Indiana to work together to develop plans focused on “quality of life” that would make Indiana a more attractive place to live, attract and retain skilled workers.
Teresa Wessel has spent the last 14 years at Horizon House, which works to prevent homelessness by offering an array of short-term and long-term services that help individuals secure and maintain housing.
Clark and Reese have garnered national attention with record-setting rookie seasons—leading to them being the first rookie duo to make the All-Star team since 2014—so it’s no surprise that they’re the leading candidates for the award.
Check usage has been in decline for decades as Americans have largely switched to paying for their services with credit and debit cards.
Brownsburg-based John Force Racing said the 16-time NHRA Funny Car champion is still suffering from cognitive and behavioral symptoms, but has been able to converse with family and staff.
Detroit Diesel Remanufacturing LLC said the closure will affect a total of 80 workers, the first of which are expected to be laid off next month.
