S&P 500 is in bull market. Here’s what that means.
The S&P 500 is now in what Wall Street refers to as a bull market, meaning the index has risen 20% or more from its most recent low. Here are some answers to questions about bull and bear markets.
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Hotel Tango Distillery closing tasting rooms in Zionsville, Fort Wayne
Hotel Tango Distillery’s Fort Wayne location that opened in 2020 and a Zionsville location that opened in 2021 are closing.
Bloombox name refreshes 21-year-old music festival at Harrison Center
Ten artists, including Books and Radar Gold, will perform on two stages outside the Harrison Center during the June 17 Bloombox Festival.
Supreme Court affirms nursing home patient’s right to sue in case with Hoosier roots
It was a stunning loss for Marion County’s Health and Hospital Corp.—the state’s leading nursing home operator—and a surprise victory for patients, advocates and those who participate in other federal safety net programs.
U.S. applications for jobless benefits highest since October 2021
Despite last week’s sharp increase in filings for unemployment aid, some analysts cautioned against concluding that layoffs are picking up across the economy.
Ryan Hunter-Reay to return to IndyCar as Conor Daly replacement
Hunter-Reay was out of IndyCar last season but returned this year for the Indy 500 and finished 11th. He will make his debut in the No. 20 Chevrolet next weekend at Road America.
Jack Swarbrick to step down as Notre Dame’s athletic director
Before his 16-year run at the University of Notre Dame, Swarbrick was a prominent attorney in Indianapolis who served as chairman of the Indiana Sports Corp. He helped convince the NCAA to relocate its headquarters to Indianapolis and the NFL to hold the Super Bowl in Indianapolis in 2012.
Circle Centre adding new street-level restaurant, food-court tenant
A sushi restaurant plans to take over Circle Centre space at the southeast corner of Illinois Street and Maryland Street that was previously occupied by Primanti Bros. Meanwhile, a vegan eatery is slated for the food court.
Swayzee Loinz planning string of restaurants, starting in Westfield
The eatery under construction at Spring Mill Station is the first of 15 restaurants that hand-breaded tenderloin maker Swayzee Loinz plans to open in Indiana over the next five years.
State education board begins rollout of new K-12 standards
Indiana’s State Board of Education is moving forward with a plan that “streamlines” K-12 education standards and makes it easier for teachers to craft individualized lesson plans.
Millions breathing hazardous air as smoke from Canada streams over U.S.
Smoke from Canadian wildfires poured into the U.S. East Coast and Midwest on Wednesday, covering the capitals of both nations in an unhealthy haze, holding up flights at major airports and postponing Major League Baseball games.
Employers take different approaches to get workers back in office
The executives of corporate America are stepping up efforts to get workers back into the office, using a combination of threats and incentives to get employees to give up the work-from-home lifestyle they adopted in the first years of the COVID-19 pandemic.
Indiana printing plant to close, ending 525 jobs
LSC Communications has been struggling due to a steady decline in demand for long-run catalog and magazine printing and has closed several plants in recent years.
Biden vetoes GOP-led effort to strike down student loan forgiveness program
The student loan forgiveness program faces legal challenges, and the Supreme Court is set to issue a ruling on its legality before the end of June.
Colts keep Rodgers out of practice as NFL investigates gambling allegations
Indianapolis Colts cornerback Isaiah Rodgers Sr. did not practice with his teammates Wednesday. It’s unclear when—or if—he’ll return.
Conor Daly parts ways with Ed Carpenter Racing
Ed Carpenter Racing on Wednesday said it will announce a new driver for the No. 20 Chevrolet by IndyCar’s next race.
Portions of Monument Circle, Georgia Street to become pedestrian-only
Indianapolis Mayor Joe Hogsett on Wednesday announced plans for a four-month closure to vehicles in a quadrant of Monument Circle and a pedestrian-focused redevelopment of Georgia Street.
Kiwanis International executive director to retire
Stan Soderstrom, executive director of Indianapolis-based service organization Kiwanis International and the Kiwanis Children’s Fund, plans to retire early next year after 14 years at the helm.
Pence kicks off 2024 run, beginning showdown with Trump
Mike Pence’s entrance comes during a stretch of several Republican campaign launches, with former New Jersey governor Chris Christie kicking off his run Tuesday and North Dakota Gov. Doug Burgum doing so Wednesday.
‘Skip’ or ‘pause’? Fed unlikely to raise rates next week, but maybe next month
When the Federal Reserve meets next week, it is widely expected to leave interest rates alone—after 10 straight meetings in which it has jacked up its key rate to fight inflation. But that doesn’t mean its done with hikes.
