Stocks soar as Powell, hiring numbers reinvigorate market
Stocks skyrocketed Friday after investors got good news on the economy, Federal Reserve policy and trade tensions.
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Buckingham calls off plans for controversial Broad Ripple project
The proposed five-story complex, planned for the heart of Broad Ripple, drew concern from residents over potential parking issues, the height of the proposed buildings and the future of the alley running north-south through the property.
Comcast, AT&T raising pay-TV prices as cord-cutting accelerates
The move by cable and satellite providers is meant at least in part to cover increasing costs for carrying networks and popular channels, but they risk exacerbating the trend of canceling service altogether.
Powell pledges flexible rate policy, won’t quit if Trump asks him
Federal Reserve Chairman Jerome Powell said the central bank can be patient as it assesses risks to a U.S. economy and will adjust policy quickly if needed.
Local mattress maker Foamcraft enters national bed-in-a-box market
Foamcraft Inc., an Indianapolis-based foam-products manufacturer than began selling mattresses less than two years ago, plans to compete directly with online mattress behemoths such as Casper, Leesa and Purple.
Indiana’s high school graduation rate ticks up slightly
Indiana graduation rates have held relatively steady since 2011, fluctuating by small amounts each year.
Indiana OKs new rules for veterans agency after scrutiny
Indiana officials have approved new rules to rein in a state agency that awarded grants intended for struggling veterans to its own employees.
U.S. employers added whopping 312,000 jobs in December
U.S. employers dramatically stepped up their hiring in December in an encouraging display of strength for an economy. And average hourly pay improved 3.2 percent from a year ago.
Worries grow about impact of a prolonged government shutdown
Should it drag into February, the slowdown in government activity could help shake confidence and cause businesses and consumers to stop spending.
U.S. new-vehicle sales unexpectedly show 2018 increase
Sales of new vehicles in the United States rose slightly in 2018, defying predictions and highlighting a strong economy.
Holcomb banks $4M two years ahead of Indiana re-election bid
The state GOP said Holcomb ended 2018 with more campaign cash in the bank that any previous second-year governor.
Pension fund now sole owner of chain that owns 13 Indiana newspapers
CHNI LLC, which owns more than 100 newspapers in 22 states, has been acquired by the Retirement Systems of Alabama.
Indy tech firm Encamp grows by making environmental compliance easier
When Goshen native Luke Jacobs, an environmental scientist and self-taught techie, developed software to streamline his job, he got a tepid response from his employer. Displeased, he tapped his brainiac brother and equally smart Indiana University classmate to start their own firm.
Stocks dive after Apple warns of slowdown in iPhone sales
Stocks tumbled Thursday on Wall Street, with technology companies suffering their worst loss in seven years, after Apple reported that iPhone sales are slumping.
Union sues GM, says laid-off workers should replace Indiana temps
The United Auto Workers union is accusing General Motors of violating a national contract by using temporary workers in Indiana instead of employing full-timers who were laid off from its factories.
BOHANON & CUROTT: State’s fiscal news offers something for everyone
The good news is that state tax revenue is on target to exceed expectations. The bad news is that mandated Medicaid expenditures are also on track to be above expectations.
Denison Parking acquires boutique valet firm in effort to expand business line
Purchase of SOPHI Global gives Denison a new subsidiary and adds Lucas Oil Estate and numerous downtown destinations to its valet holdings.
HAHN: Health, wealth resolutions have much in common
behaviors gained to help live a healthier life can also be used to improve financial health.
Latest hate crimes proposal leaves out specific protected classes
Rep. Greg Steuerwald, R-Avon, who introduced the bill, said the measure does not list specific protected classes because “we wanted every bias to be included that you can think of.”
Ad agency to open cafe, lounge in lobby of Fountain Square office
The lobby of the MilesHerndon ad agency in the historic Woessner Building will open next month as Gavel, a cafe and lounge that will offer coffee, beer, wine, cocktails and a limited food menu.
