Inflation cools more than expected as gas costs fall, underlying prices ease
Tuesday’s report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation.
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Carmel-based MBX Biosciences makes leadership changes
Steve Hoerter, who was previously executive chairman of the company’s board of directors, has succeeded Kent Hawryluk as CEO and board chair.
Steakhouse to take former HopCat spot in Broad Ripple
The steakhouse will occupy about 8,000 square feet at the base of the Broad Ripple parking garage, which Keystone Group is incorporating into its new Marko on the Canal apartment development.
Authorities investigate Taco Bell and lettuce in multistate cyclosporiasis outbreak
Authorities have not yet identified a specific produce grower or supplier responsible for the multistate outbreak of cyclosporiasis that has hospitalized more than 80 people.
Partnership plans nearly $16M apartment project on site of east-side retail center
Sherman Lofts would span about 2.5 acres and consist entirely of units for individuals and families making up to 60% of the area’s median income.
Trump hosts top IndyCar racers to promote race in Washington, D.C.
Racers Álex Palou, Felix Rosenqvist and David Malukas and motorsports officials stood beside the president as he promoted the Freedom 250 Grand Prix.
Pharmacy board narrowly accepts drug diversion settlement with IU Health’s Muncie hospital
Indiana’s pharmacy regulators reluctantly approved the disciplinary settlement over what they describe as one of the largest known drug theft cases in state history.
Hundreds of economists say ‘we must act now’ on AI’s economic impact and job displacement risks
The statement released Monday was signed by top economists, along with computer scientists and some executives at tech companies including Anthropic, Google and OpenAI.
Falling gas prices likely cut inflation last month, but renewal of Iran war could undo progress
The government’s latest inflation report, to be released Tuesday, is forecast to show the first monthly drop in consumer prices in nearly four years.
Bracket shakeup: NCAA women’s tournament to seed top 16 by true ranking
In the past, the top four teams in a conference have been placed in different regions to protect them from playing each other until the Final Four.
Mooresville officials OK plan for Wawa to take over former Gray Brothers Cafeteria site
Wawa, which began opening stores in Indiana in 2025, plans to build a 6,300-square-foot store and gas station on the property, which was home to Gray Brothers for 46 years.
Indy council committee advances data center pause
In a statement released shortly before the vote, Mayor Joe Hogsett also announced his support for the moratorium.
7th Circuit restores breach-of-contract case against Eli Lilly
The appellate court held that Teva plausibly alleged that Lilly breached the two companies’ 2018 settlement agreement, which stipulated that Lilly would not interfere with Teva getting approval for a generic version of Lilly’s osteoporosis drug, Forteo.
Condado Tacos closes its original Indianapolis-area restaurant
The taco chain closed its restaurant at 838 Broad Ripple Ave. on July 5 after nearly eight years in business.
Athenaeum unveils plans for $8M restoration project to historic theater
The renovation to the city’s oldest theater is expected to take place in four phases over the next several years.
State employees to receive one-time bonus of up to $2,500
Indiana as of Monday had 30,756 state employees — down from 32,100 in January 2025 when Gov. Mike Braun took office.
Trump says US will blockade Iran in Strait of Hormuz, charge ships for safe passage
The latest exchange of fire, sparked by an Iranian attack on a container ship, had already cast further doubt on the interim peace deal reached last month.
Massive AI buildout poses inflation threat as consumers pay more for laptops, electricity
The gusher of investment in data centers — likely topping $700 billion this year — to power artificial intelligence has made memory chips, computer processors and other equipment, as well as electricity, more expensive.
Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US
The guidance is intended to remind banks and other financial institutions of their know-your-customer requirements with respect to credit risk management, particularly as it relates to borrowers who are not authorized to work in the U.S.
Noblesville Mayor Chris Jensen to seek third term
When Jensen ran for reelection in 2023, he did so without opposition. It’s unclear whether he’ll have any challengers in the 2027 election, as no other candidates have filed.
