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.
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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.
Indianapolis schools struggle with five-year city high in youth homicides
While total homicides in Indianapolis are down this year by over 20% from the record set in 2021, the number of homicides in the 19 and under age group has reached its highest mark since 2018.
Ford cuts electric F-150 plans in ominous sign for EV market
CEO Officer Jim Farley said the robust EV demand the company expected hasn’t materialized because potential buyers are balking at high prices and spotty charging infrastructure.
Consumer inflation eased slightly last month, but some costs kept surging
The latest data on consumer inflation showed that prices in some areas—services such as rents, restaurants and auto insurance—continued to rise uncomfortably fast.
Palou partners with DHL for primary sponsorship of 2024 IndyCar ride
Palou and Chip Ganassi Racing have agreed to a multi-year partnership with logistics company DHL to sponsor the No. 10 Honda car.
Oldest Catholic church in Indy plans $2.7M parish center downtown
Officials with St. John the Evangelist want to build the 2,800-square-foot facility as part of a larger $5.5 million renovation that started in 2021. They hope to finish in time for the huge National Eucharistic Congress planned for Indianapolis in July.
State tax collection slump continues
Indiana coffers took in about $1.37 billion worth of taxes in November, but remained below expectations for a second straight month this fiscal year, which began in July.
Boilermaker Alliance names growth strategist Neff as new CEO
The not-for-profit organization that helps Purdue University student-athletes use their name, image and likeness to boost charitable organizations has a new leader.
In landmark decision, jury finds Google’s app store broke anti-monopoly laws
A federal court jury has decided that Google’s Android app store has been protected by anticompetitive barriers that have damaged smartphone consumers and software developers, dealing a blow to a major pillar of a technology empire.
TrendyMinds expands national presence with acquisition of Utah-based Faktory
The city’s largest advertising agency said the eight-figure acquisition will expand its its client roster in health care, finance and energy.
Inflation likely cooled again in November, but not in all areas of economy
Tuesday’s inflation report from the Labor Department is expected to show that businesses kept overall prices unchanged for a second straight month. But a closely watched category called “core prices” is predicted to outpace the Federal Reserve’s 2% annual target.