Average long-term U.S. mortgage rate climbs to highest level since 2002
Rates have risen for the pst four weeks, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.
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NFL agrees to settle lawsuit over canceled 2016 Hall of Fame game between Colts, Packers
The game was called off shortly before the scheduled starting time because of safety issues with the turf at Tom Benson Hall of Fame Stadium.
Vinyl record artist Lobyn Hamilton taking a spin at Newfields
Lobyn Hamilton prepared six music-themed “flag” collages for a Newfields exhibition titled “What I Have You Have.”
Urgent care for pets to take over Fletcher Place doughnut shop location
Indianapolis Animal Urgent Care is expected to open in October near Eli Lilly and Co.’s corporate headquarters.
U.S. jobless claims fall as labor market shows resiliency
Economists say that given the difficulties in finding workers during the past two years, businesses will likely hold onto them as long as possible, even if the economy weakens.
Studio Movie Grill abruptly closes after 10-year run on north side of Indy
The 57,000-square-foot venue opened in October 2013 and featured 13 auditorium theaters with dine-in service and a full bar.
Former Secretary of Commerce Brad Chambers enters race for governor
Chambers has been considered a possible candidate for the office since mid-July, when he announced he would be stepping down as head of the Indiana Economic Development Corp. effective Aug. 6.
Indianapolis-based developer seeking to build about 300 houses in Whitestown
Gradison Land Development Inc. is looking to build Windswept Farms on 160 acres south of the intersection of County Road 425 South and County Road 700 East.
Lawrence Common Council, Mayor Steve Collier settle legal battle
The lawsuit largely dealt with the annual budgeting process that took place in 2021. The council appropriated $335,000 to pay legal fees.
Fed minutes: Too-high inflation still a threat, could require more rate hikes
Most Federal Reserve officials last month still regarded high inflation as an ongoing problem that could require further interest rate increases, according to the minutes of their July 25-26 meeting released Wednesday.
Judge declines to approve Hyundai/Kia class action settlement
A federal judge said the proposed settlement in a class-action lawsuit prompted by a surge in Hyundai and Kia vehicle theft fails to provide “fair and adequate” relief to vehicle owners.
AP, other news organizations develop standards for use of artificial intelligence
AP is one of a handful of news organizations that have begun to set rules on how to integrate fast-developing tech tools like ChatGPT into their work.
Hard Truth, Mellencamp Whiskey call partnership a ‘no-brainer’
Brown County’s Hard Truth Distilling Co., in partnership with the recently founded Mellencamp Whiskey Co., is releasing a new whiskey collection specifically celebrating and supporting Hoosier farmers.
CEO Booth to retire after 30 years at Child Advocates
Cindy Booth joined Child Advocates as its first full-time staff attorney in 1994. She was named CEO of the not-for-profit in 1996 and has held that position ever since.
Indiana students’ reading scores have barely changed in three years, new IREAD results show
More than four out of five third graders—just under 82%—passed the Indiana reading exam, the IREAD, in 2023. That’s several percentage points below the passing rate from 2019, when 87.3% of all students passed the test.
NXG Youth Motorsports planning to buy site at Central State for new headquarters
A local motorsports not-for-profit plans to acquire more than two acres at the former Central State Hospital campus on the west side of Indianapolis with a goal of converting the property into a new multi-building headquarters.
Coinbase gets approval to offer crypto futures to eligible U.S. customers
Coinbase said Wednesday that it had secured regulatory approval from the National Futures Association to operate as a futures commission merchant.
In Indiana, Mike Pence rebukes Trump, announces plan to ‘restore’ federalism
Speaking in downtown Indianapolis at the National Conference of State Legislatures’ Legislative Summit, the country’s largest annual gathering of state lawmakers, the former Indiana governor outlined a five-point plan.
PulteGroup, TWG plan 603-acre development in Noblesville with 1,930 residences
Noblesville Economic Development Director Andrew Murray told the council that the developers plan to invest $475 million in the project, which is expected to have a $700 million market value when completed.
S&P decision to ax ESG scores from bond ratings splits market
S&P recently updated its approach to incorporating environmental, social and governance considerations into credit ratings, ditching an alphanumerical scale it introduced in 2021 and instead going back to relying only on text descriptions.
