New analysis suggests Americans overcharged by $150B a year to insure homes, autos and businesses
Research by the economists found that average premiums for home insurance climbed an inflation-adjusted 28% between 2017 and 2024.
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Stocks rally to finish best month since 2020, even as oil prices whipsaw
Alphabet led the way and rallied 10% after the owner of Google and YouTube reported profit for the latest quarter that almost doubled analysts’ expectations.
Blake Shelton talks good times in Indy amid plans for Ole Red music bar downtown
IBJ spent a few minutes with the country star and Colin Reed, executive chairman for Ryman Hospitality Properties, to discuss their recent bar and restaurant announcement and what in Indianapolis caught the company’s eye.
USDA to move SNAP administrative office and staff to Indianapolis
The move is part of a larger effort to shift Department of Agriculture services out of Washington, D.C. and spread them across the country.
Trump’s Indiana redistricting revenge aims to topple state Senate’s leader
Even though Indiana state Senate leader Rodric Bray isn’t on anyone’s primary ballot next week, he is the ultimate target of President Donald Trump’s demand for political retribution.
Goelzer files lawsuit against former executive who joined rival investment firm
Carmel-based Goelzer Investment Management is suing one of the three financial advisers who left the firm earlier this month to join a rival firm, Robert W. Baird & Co. Inc.
Bears present potential Hammond stadium to NFL stadium committee
The Hammond site, a plat at Wolf Lake Park, was presented to the league’s stadium committee on Wednesday along with a proposal for Chicago suburb Arlington Heights, Illinois.
CVR unveils new leadership structure for 116-year-old ad agency
New co-presidents will oversee day-to-day operations at CVR, an agency that works with Cummins, Allison Transmissions and Carrier.
As Saudis pull funding, LIV Golf seeks investors to continue
| The Washington Post and IBJ Staff
LIV Golf is scheduled to play a tournament Aug. 21-23 in Westfield at The Club at Chatham Hills.
Healthy workers are ditching company insurance to save $1,000 a month
As sharply rising health care premiums eat into workers’ pay, young, healthy professionals are rejecting employer-sponsored insurance.
215-acre nature preserve in Zionsville to open in May
The Carpenter Nature Preserve will be the first park in rural Union Township and the largest nature preserve in Boone County.
Kite Realty eyes sale of Glendale Town Center
Indianapolis-based Kite Realty Group has owned Glendale Town Center since it acquired the shopping center then known as Glendale Mall for $20 million in 1999.
Lilly earnings increase as Mounjaro, Zepbound sales continue rise
The Indianapolis-based drugmaker reported profit of $7.4 billion for the first quarter, up from $2.8 billion in the same period a year earlier.
Crude oil tops $125 a barrel over Iran war concerns
The Iran war, which is in its ninth week, still sees no clear path to an end.
Elon Musk tells his side of OpenAI’s beginnings in trial pitting him against CEO Sam Altman
Despite moments of levity, the stakes are high at the trial, which could sway the balance of power in artificial intelligence.
Chair Yasir Al-Rumayyan leaving board of LIV Golf as Saudi funding dries up, report says
LIV Golf is scheduled to play a tournament Aug. 21-23 in Westfield at The Club at Chatham Hills.
Commercial buildings, memory-care facility planned for Holliday Farms in Zionsville
Two multi-tenant commercial buildings and a memory care residential facility are in the works for Holliday Farms after the projects received approval from the Zionsville Plan Commission.
UPDATE: Powell plans to stay on at Fed after his term as chair ends, citing legal actions by administration
The Federal Reserve left its benchmark interest rate unchanged for the third straight meeting but signaled it could still cut rates in the coming months, moves that attracted the most dissents since October 1992.
Supreme Court weakens a landmark Civil Rights-era law and aids GOP efforts to control the House
The effect of the ruling may be felt more strongly in 2028 because most filing deadlines for this year’s congressional races have passed.
Republic Airways revives legal fight with Indianapolis over tax-break clawback
The Indiana Court of Appeals is siding with Republic Airways in the latest battle of an ongoing feud between the airline and the city of Indianapolis over $247,522.17 in tax incentives.
