Millionaires multiply, but most find it’s not all mansions and champagne
Inflation, ballooning home values and a decades-long push into stock markets by average investors have lifted millions into millionairehood.
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Consumer confidence improves slightly, but Americans remain concerned about tariffs
Consumers’ fears of a recession during the next 12 months dipped in July but remain elevated and above last year’s levels.
5-star stays and fine dining: Interest groups foot bill for congressional travel
Members of Indiana’s U.S. House of Representatives delegation and their staffers have accepted roughly $640,000 in privately sponsored international travel since 2020, an analysis of travel disclosures found.
Indiana attorney shortage commission releases final report, recommendations
The Hoosier State’s rate of 2.26 lawyers per capita was 43rd worst in the nation last year, per the American Bar Association.
Westfield City Council OKs controversial plan to expand golf cart usage
Westfield’s plan to allow expanded use of golf carts on designated trails in the city was approved despite vocal opposition from some members of the community.
Fed likely to stand pat on rates this week, deepening gulf between Powell and Trump
President Trump argues that the Federal Reserve in general and Chair Jerome Powell in particular are costing U.S. taxpayers hundreds of billions of dollars in interest payments by not reducing borrowing costs.
Federal judge dismisses professors’ lawsuit against IU, Purdue over new intellectual diversity law
The law states that faculty are required to teach scholarly works “from a variety of political or ideological frameworks” within their purview of instruction.
Trump administration urges federal workers to talk religion at work
Federal employees can display religious items at work, pray in groups while not on duty and encourage co-workers to adopt their faith, according to guidance released Monday by the Office of Personnel Management.
Texas man sentenced after pleading guilty to stalking Caitlin Clark
Michael Lewis, 55, was arrested in Indianapolis in mid-January after investigators said he sent numerous threats and sexually explicit messages to Clark via his social media accounts.
Roche to test whether new drug can prevent Alzheimer’s
The new late-stage study will focus on people who are at risk of cognitive decline.
Judge blocks Trump administration’s efforts to defund Planned Parenthood
In its lawsuit, Planned Parenthood had argued that it would be at risk of closing nearly 200 clinics in 24 states if it were cut off from Medicaid funds.
Football season looms with no clear guidance over eligibility battles from NCAA
The Indianapolis-based NCAA would like Congress to grant limited liability protection to help address all the lawsuits over eligibility.
Searing heat threatens power grids, health over nearly half the United States
Heat advisories and extreme heat warnings stretch from Nebraska to Long Island and from New Hampshire to northeast Texas.
A Republican long considered conservative stalwart is facing challenge from the right
Texts accusing “Liberal Liz” Brown of betraying her conservative values have been flying in northeast Indiana—funded by a “social welfare” nonprofit that no one knows about or isn’t willing to divulge.
European Union defends US trade deal in face of mounting business criticism
The pact removes a major risk for markets and the global economy, given the transatlantic partners did $2 trillion worth of cross-border commerce in 2024.
US-China tariff talks might provide clues on possible Trump-Xi meeting
Top trade officials from China and the United States launched a new round of talks on Monday in a bid to ease tensions over tariffs between the world’s two biggest national economies.
Indiana surpasses more than $1.1B in opioid-related settlements
Attorney General Todd Rokita announced Monday that Indiana is expected to receive another $16.5 million as part of the latest multistate opioid settlement.
Accounting firm KSM acquiring Chicago-area firm
MichaelSilver’s team of 60 accounting professionals and 14 partners will join Katz, Sapper & Miller.
IBJ Podcast: Indy’s fast-rising chief of community outreach on potholes, curbside recycling, rural roots
In eight years, Butler grad Natalie van Dongen she risen from an internship with the mayor’s office to the city’s point person for addressing the concerns and complaints of nearly 1 million people.
Trump, European Union reach preliminary trade deal with 15% tariffs
President Trump and European Commission President Ursula von der Leyen sought to paint the accord as “the biggest deal ever made,” but it was unclear if they were on the same page about how steel and other critical products would be affected.
