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Such proposals are likely to face resistance from the banking industry and some congressional Republicans, who argue that the Fed had the necessary tools to prevent the bank collapses but failed to use them.
Despite the big increase, the government’s third and final report on January-March economic growth still marked a deceleration from the 2.6% annual rate from October through December and the 3.2% growth from July through September.
The Indianapolis-based drugmaker said it will acquire Sigilon Therapeutics Inc., a six-year-old startup that is developing a technology to help type 1 diabetes patients restore insulin production over sustained periods.
The decision will force institutions of higher education to look for new ways to achieve diverse student bodies.
Tonya Hyatt, a Purdue University graduate, most recently worked as operations coordinator for community growth at Muncie-based software company Accutech Systems Corp.
The planned 5,300-square-foot Upland taproom plans to serve a rotating beer and seasonal food menu.
Plans call for the the warehouse, called Park 267, to be built on a 76-acre site. About 130 employees would work at the facility.
Contests on a full-sized court, basketball-themed movies and exhibits focused on iconic players and visual art will serve as a prelude to the 2024 NBA All-Star Game in Indianapolis.
The Fed’s report issued Wednesday did show some relative weakness among the midsize banks and “super regional” banks, with some getting a passing grade with a smaller cushion than usual. Those results could raise eyebrows among investors and policymakers.
Indianapolis Mayor Joe Hogsett’s 30-second video ad focuses on the Indianapolis Metropolitan Police Department. Opponent Jefferson Shreve has not yet advertised during the general election cycle, but will within the next week, his campaign told IBJ.
Indiana Attorney General Todd Rokita’s office, through its Medicaid Fraud Control Unit, joined more than a dozen states and the federal government Wednesday in a nationwide enforcement action against 78 individuals charged with Medicaid fraud.
The nonpartisan agency estimates in its latest 30-year outlook, released Wednesday, that publicly held debt will be equal to a record 181% of American economic activity by 2053.
The Broad Ripple Village Association said the village’s late-night business owners met Wednesday and “agreed unanimously, that effective immediately, all bars and restaurants will shut their doors at 1 a.m. every day until further notice.”
A deliberately organized mission-driven business approach is needed.
Heath Outdoor is billing their new-look campus, which includes Digs Garden Center, as The Yard at North Mass.
The city’s Department of Metropolitan Development is asking developers to pay at least $2.34 million for the 113-year-old building at 202 N. Alabama St., which was the seat of city government until the City-County Building was completed in 1962.
Consumer groups said they were shocked by the amount that AES Indiana is seeking, especially coming after the utility got approval for seven straight years of rate increases to pay for upgrades to its local energy grid.
Analysts say a “rolling recession” and what they call a “richcession” could help the economy as a whole manage to avoid a full-fledged recession.
Pregnant workers employed in Indiana now have access to guaranteed accommodations after the Pregnant Workers Fairness Act, a federal law that went into effect Tuesday.
Drifting smoke from the ongoing wildfires across Canada has created curtains of haze and raised air quality concerns throughout the Great Lakes region and in parts of the central and eastern United States.
