U.S. consumer prices rose 0.6% in July, matching June uptick
The uptick was about twice what economists expected. But inflation remains in check: Consumer prices are up just 1% over the past year.
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Plainfield mall facing foreclosure for 2nd time after owner misses $30M payoff
The owners of the Shops at Perry Crossing had been hoping to sell the shopping center before a May deadline to pay off the property’s loan balance, but the pandemic ruined those plans.
Alonso confident in McLaren prep for another Indy 500 attempt
The former Formula One champion, who failed to qualify for the race last year in a spectacularly woeful effort by McLaren, has returned to Indianapolis Motor Speedway for a third attempt at winning.
Delaware County school district quarantines 228 students
It’s the largest student quarantine in the state reported so far, topping the roughly 48 students affected in the Lanesville Community Schools in southern Indiana’s Harrison County.
Cheapest apartments facing biggest foreclosure risk from pandemic
While landlords at the priciest, amenity-rich apartments have collected most of their rent payments during the pandemic, owners of older, less fancy units—the backbone of the nation’s affordable housing supply—have not fared as well.
Biden selects California Sen. Kamala Harris as running mate
The choice made history by elevating the first Black woman to compete on a major party’s presidential ticket and acknowledging the vital role Black voters could play in the election.
UPDATE: Big Ten officially pulls plug on fall football amid COVID-19 concerns
The broadcast rights for football generate millions of dollars for the Big Ten Conference’s athletic departments, and schools across the country have projected major deficits in the wake of the pandemic.
Virus surge makes U.S. weaker link in global economic recovery
The United States’ inability to get the pandemic under control and its ongoing political battle over a new aid package is casting doubt on its economic prospects and making it one of the chief risks to a global rebound, some economists say.
County health department steps up enforcement of mask, social distancing mandates
The Marion County Public Health Department will now immediately slap $1,000 fines on businesses and venues that defy mask and social distancing mandates, Dr. Virginia Caine, department director, announced Tuesday.
Governors raise concerns about Trump’s executive order, but Holcomb’s position unclear
As governors in other states raise concerns about President Donald Trump’s order to partially extend federal unemployment bonus payments, Indiana Gov. Eric Holcomb’s administration is mostly staying silent.
State passes 75K total COVID-19 cases, reports highest daily death toll in 2 months
Marion County reported an increase of 125 cases, the 26th straight day that cases in the county have risen by more than 100.
Scioto Biosciences lands $26.5 million from Korean biotech
The Indianapolis-based startup is developing drugs targeting brain and bowel disorders.
U.S. producer prices up 0.6% in July, biggest jump since 2018
The Labor Department said Tuesday that the jump last month in its producer price index—which measures inflation before it reaches consumers—was about twice what economists had expected.
Russia’s approval of COVID-19 vaccine greeted with skepticism
Russia on Tuesday became the first country to approve a coronavirus vaccine for use in tens of thousands of its citizens despite not completing clinical trials.
Toys for Tots seeks new home for warehousing, distribution
The not-for-profit’s central Indiana organization must vacate its current space and hopes to secure 10,000 square feet at another location that could be leased for a nominal fee.
Spice blends to make at home
A blend you make yourself, especially if you’re toasting and grinding the spices, will taste fresher and bolder than what will come out of a jar or package, even if you choose to store extra for later.
Westfield City Council OKs broader look into Grand Park’s finances
Two resolutions approved Monday by the Westfield City Council call for a more thorough probe of Grand Park’s finances after a council member alleged one of the park’s contractors had diverted $470,000 away from the city.
Council steers $16.3M in federal funds toward rent assistance, masks
The funding comes from roughly $168 million that Indianapolis received from the federal government to respond to COVID-19 needs.
UPDATE: Trump, coaches push for college football as leagues consider calling off season
The Mountain West on Monday became the second major conference to call off fall sports, joining the Mid-American Conference. The Big Ten and Pac-12 could soon follow suit.
Hogsett’s $1.3 billion budget ‘threading a needle’ to stay balanced
The proposed budget takes in $113,884 more than it spends, leading Indianapolis Mayor Joe Hogsett’s administration to characterize it as the fourth consecutive balanced budget since he took office in 2016.
