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Teachers Credit Union—rebranding as Everwise—cultivates renewable value for our customer-owners through a balanced, long-term, people-first approach.
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U.S. factory output nearly stalls as sector struggles for traction
The latest federal report suggests manufacturers are growing cautious in the face of tepid global demand and equipment spending.
Housing slowdown leads to first annual drop in U.S. homeowner equity since 2012
All told, U.S. homeowners with a mortgage lost a combined $108.4 billion in home equity between the first quarter of last year and the first three months of 2023.
FDA advisers consider changing COVID vaccine to target latest omicron strain
COVID-19 vaccines are on track for a big recipe change this fall. Regulators will be making their best guess which strain to include, just like they do every year in setting the recipe for the fall flu vaccine.
Many Hoosiers aren’t making enough to afford rent, report finds
Being able to afford rent, according to the report, means spending no more than 30% of your income on housing. With fair market rent for a two-bedroom home at $988 per month, wages are just not keeping up.
Corporate 100 2023
IBJ’s Corporate 100 is our annual report on the state’s 50 largest public companies and 50 largest private companies. Corporate 100 also features our list of highest-paid public company executives, as well as Q&As with executives. Sponsored by: Sponsored by: Below, check out IBJ’s Indiana 100, our annual report on the state’s 50 […]
Number of Americans filing for jobless claims elevated for second straight week
The four-week moving average of claims, which flattens some of the week-to-week fluctuations, rose to its highest level since November 2021.
Retail sales rise 0.3%, helped by stronger sales at auto dealers
Spending increased at online retailers and at restaurants and bars. Department stores, electronic stores, and furniture stores also posted increases.
Missouri-based Wally’s planning mega travel center off I-65 in Whitestown
Plans call for the business to feature a 45,000-square-foot store with a food court, gift shop, convenience store and restrooms; 80 gas pumps; and 15 to 20 electric vehicle charging stations.
Inside the massive new Walmart fulfillment center in McCordsville
Walmart on Thursday will host a ceremonial grand opening for the 2.2 million-square-foot, three-story facility, which will eventually employ up to 1,000 people.
Fed Chair Powell sees progress on inflation, though not enough
Chair Jerome Powell offered a nuanced view Wednesday of how the Federal Reserve intends to address its core challenge at a time when inflation is both way below its peak but still well above the central bank’s 2% target.
Ex-congressman Buyer seeks to avoid prison for insider trading conviction
Former Indiana congressman Steve Buyer of Noblesville was convicted by a jury in Manhattan federal court in March of four securities fraud charges.
Bud Light, top U.S. seller since 2001, loses sales crown after backlash
Mexican lager Modelo Especial overtook Bud Light in U.S. retail dollar sales in the month ending June 3.
Ex-Starbucks manager awarded $25.6M in suit over firing
Jurors in federal court have awarded $25.6 million to a former Starbucks regional manager who alleged that she and other white employees were unfairly punished after the high-profile arrests of two Black men at a Philadelphia location in 2018.
IU, Purdue sign off on realignment that promises growth for both schools in Indianapolis
The votes came 10 months after the two institutions signed a memorandum of understanding in which they agreed to retire the IUPUI name, rebrand the 536-acre campus and operate independently in the state’s capital city.
Judge hears bid to block Indiana’s ban on gender-transition care for minors
A federal judge in Indianapolis made no immediate ruling after hearing about 90 minutes of arguments from the Indiana attorney general’s office and the American Civil Liberties Union of Indiana, which is seeking a preliminary injunction.
Fed keeps rates unchanged for first time in 15 months, but signals more hikes
The Fed’s move to leave its benchmark rate at about 5.1%, its highest level in 16 years, suggests that it believes the much higher borrowing rates it’s engineered have made some progress in taming inflation.
Indiana’s school voucher program grew 20% last year
Voucher participation and spending are expected to jump even more this fall after state lawmakers expanded the program to be nearly universal and open to almost all Hoosier families.
Marijuana, tax reform among interim study committee topics
Other topics include a review of crime trends, traffic fatalities and an analysis of the state’s Medicaid reimbursement rates.
Purdue football commentator Pete Quinn to retire after 2023 season
Before talking about Purdue football on the radio, Pete Quinn was the starting center for the Boilermakers from 1977 to 1980.
