Dow Jones hits an all-time high as investors cheer progress on inflation
The markets have been on a celebratory tear in recent weeks, as signs pile up that the Federal Reserve may be done raising interest rates.
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Federal Reserve keeps key interest rate unchanged, foresees three rate cuts next year
The Fed’s quarterly economic projections showed that its officials envision a “soft landing” for the economy, in which inflation would continue its decline toward the central bank’s 2% target without causing a steep downturn.
Cignetti hoping for smooth transition to IU after hiring seven assistant coaches from prior staff
New Indiana University head football coach Curt Cignetti has a plan to make a smooth transition into his new job—hiring all of his coordinators from his previous staff at James Madison University.
Senate, House combine bipartisan efforts to advance paid leave
The development is substantive—it is designed to help lawmakers write legislation that can pass both chambers—but it is also symbolic, an effort to show public momentum on the issue.
House approves impeachment inquiry into President Biden
Authorizing the monthslong inquiry ensures that the impeachment investigation extends well into 2024, when President Joe Biden will be running for reelection.
Artists unveiled for 6-foot basketball sculptures to celebrate NBA All-Star 2024
Basketball sculptures depicting Indiana’s high school hoops history are planned for downtown Indianapolis installation in February.
Republican gubernatorial candidates wary of ‘axing’ state income tax
The GOP candidates for the state’s highest elected office participated in a panel discussion Wednesday at the Dentons Legislative Conference in downtown Indianapolis.
Small businesses face new regulations in 2024
Regulations are created to improve business dealings, discourage unfair or illegal business activity, and protect workers. But, for small business owners, they often mean more red tape, higher costs and possible penalties for failing to comply.
Wholesale inflation slowed last month, signaling that price pressures continue to ease
Wednesday’s report reinforced the belief that inflation pressures are cooling across the economy.
Tesla recalls nearly all vehicles sold in U.S. to fix Autopilot monitoring system
The recall of more than 2 million vehicles comes after a two-year investigation by the National Highway Traffic Safety Administration into a series of crashes that happened while the Autopilot partially automated driving system was in use. Some were deadly.
Chamber: Indiana not improving as quickly as other states
A new report from the Indiana Chamber of Commerce says Indiana is making good progress toward its economic goals, but that progress isn’t coming fast enough to compete with other states.
Fed might shed light on prospects for rate cuts in 2024
When its latest policy meeting ends Wednesday, the Federal Reserve is likely to provide some highly anticipated hints about the extent of rate cuts next year.
Pew survey: YouTube tops teens’ social-media diet
Seventy-one percent of teens said they visit YouTube at least daily, and 16% described their usage as “almost constant” according to the survey.
Terre Haute casino set for spring opening, regulators say
The Terre Haute Casino Resort will feature a 400,000-square-foot casino building with 56,000 square feet of gaming space that includes 1,000 slots and 50 table games, as well as a 125-room hotel.
Sales of existing homes in central Indiana see steep November decline
Closed sales in the area have fallen for 22 straight months on a year-over-year basis, but prices are still on the rise.
AI might be term of the year, but there many other contenders
The Associated Press reached out to colleagues around the world for terms that emerged this year and seized or crystalized the popular mood.
Regulators take first step toward requiring new vehicles to prevent drunk or impaired driving
The National Highway Traffic Safety Administration announced on Tuesday that it is starting the process to put a new federal safety standard in place requiring the technology in all new passenger vehicles.
Ruoff Music Center tops year-end chart for tickets sold at amphitheater venues
More than 600,000 tickets were sold for $31.8 million to concert attendees at Noblesville’s Ruoff Music Center in 2023, according to Pollstar magazine.
Windsor Wealth Management acquired by fast-growing Corient
Indianapolis-based Windsor Wealth Management had 14 employees and $1.9 billion in assets under management when Corient acquired the firm.
Lilly Endowment awards $21.5M in grants to boost instruction of reading
The recipient colleges and universities in Indiana will help new teachers strengthen their use of methods aligned with the Science of Reading, a vast body of research related to how children learn to read.
