Central Indiana existing-home sales rebounded strongly in June
The median home price in the 16-county area has hit all-time highs in four straight months.
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Wall Street rebounds after another yo-yo day of trading
The market’s latest moves came as earnings reporting season kicked off. Like the broader market, financial stocks drifted between gains and losses for much of the day before turning higher in the afternoon.
Trump administration rescinds pandemic rule on foreign students
Facing eight federal lawsuits and opposition from hundreds of universities, the administration called off a rule that would have required international students to transfer or leave the country if their schools held classes entirely online because of the pandemic.
White House signals openness to unemployment compromise as deadline looms
Senior Trump administration officials have begun signaling their willingness to approve a narrow extension of the enhanced unemployment benefits helping tens of millions of jobless Americans hurt by the coronavirus pandemic.
White House campaign to help jobless, employed ‘find something new’
The not-for-profit Ad Council created the campaign in collaboration with IBM, Apple and members of the Business Roundtable, along with the White House and the workforce policy advisory board.
Insurers sue Indianapolis archdiocese over sexual misconduct policy
The underwriters claim in the federal lawsuit that the Roman Catholic Archdiocese’s failure to disclose allegations against a suspended priest renders the policy void.
Walgreens reports $75 million of looting damage in third quarter
With about 9,300 locations in the United States, Walgreens is one of the largest retailers by store count.
Banks set aside billions, bracing for more economic pain
The results from JPMorgan Chase, Wells Fargo and Citigroup on Tuesday offer perhaps the broadest glimpse yet into how badly the pandemic is affecting the financial health of American consumers and businesses.
COVID-19 cases in Indiana rise by 648, deaths by 13
Indiana has seen COVID-19 cases rise by more than 4,000 over the past week, up from an increase of just over 3,000 the previous week.
Lilly Endowment launches pandemic-related fund for youth-serving organizations
The Indianapolis-based Lilly Endowment Inc. on Tuesday announced plans to dedicate up to $20 million to organizations serving youth populations during the ongoing public health crisis.
Council approves rezoning for south-side apartment project
Roughly 22 acres on the northern half of the 104-acre site would be reserved for a multifamily project by Sheehan Development Co. Inc. that would include 320 apartments.
Apartment, retail project planned on Indiana Avenue by Walker Center
Documents filed with the city show that the apartments would range from studios to three-bedroom units, along with a handful of co-dwelling units.
Demand for robot cooks rises as food-service kitchens combat COVID-19
Robots that can cook—from flipping burgers to baking bread—are becoming more popular as virus-wary kitchens try to put some distance between workers and customers.
Spiking cost of gasoline pushed June consumer prices up 0.6%
Some economists said the June rise in prices would ease concerns that the country could be in danger of slipping into a destabilizing period of deflation, something not seen in the United States since the Great Depression.
U.S. carries out the first federal execution in 17 years after Supreme Court approval
Daniel Lewis Lee, 47, of Yukon, Oklahoma, professed his innocence just before he was executed by lethal injection at the federal prison in Terre Haute.
Westfield tightens oversight of Grand Park after council member questions contracts
The Westfield City Council on Monday eliminated Grand Park admission fees for city residents and imposed new oversight of park contracts after a council member alleged the group in charge of baseball operations had diverted almost a half-million dollars from the city.
EPA rejects tougher air quality standards, says 2015 limits are sufficient
Environmental Protection Agency Administrator Andrew Wheeler said national average ozone concentrations have dropped 25% in recent decades, mainly due to reductions in pollutants that contribute to the formation of smog.
Federal government pushing for COVID-19 therapeutics by early fall
New treatment options for COVID-19 could arrive months before a vaccine, senior Trump administration officials said at a briefing Monday, and will still be needed even after a vaccine is developed.
Council seeks ‘Black Lives Matter’ message on Indiana Avenue, commission on Black males
The Indianapolis City-County Council on Monday passed a resolution to paint a message on Indiana Avenue condemning racism and inequality. It also proposed the creation of the Indianapolis Commission on African American Males.
New York & Co. parent files for bankruptcy, might close all stores
Established in 1918, RTW Retailwinds operates nearly 400 locations in 32 states, including four in Indiana.