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Shortly after the Fed's announcement, major banks began announcing that they were raising their prime lending rate from 3.25 percent to 3.50 percent. The prime rate is a benchmark for some types of consumer loans such as home equity loans.
The organization that puts on the annual Heartland Film Festival has named Frank Basile interim president after the unexpected resignation of Stuart Lowry, the not-for-profit announced Wednesday.
The NCAA has thrown its considerable heft behind efforts to get Indiana lawmakers to add LGBT civil rights protections into state law.
The FDA said Wednesday it approved Basaglar based on data showing it is safe and effective and works similarly to Lantus, the world’s top-selling insulin.
The funds will go toward a three-year project at the Women’s Philanthropy Institute that will focus on the factors that influence men and women to make charitable donations.
The American Lung Association, American Heart Association and Tobacco Free Indiana all issued statements Wednesday applauding the possibility and calling for an increase of at least $1 per pack of cigarettes.
The U.S. Federal Reserve is raising interest rates after seven years of record lows. But it's signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises.
Jennifer Ping has been active in state and local politics and has twice been a delegate to the Republican National Convention. She replaces Kyle Walker.
The Pence administration’s decision to spend $120 million on a new psychiatric hospital represents a stark shift from the state’s approach to mental health of the past 30 years.
As the Affordable Care Act enters its third year with enrollment well behind schedule, procrastinators are critical to its economic viability.
U.S. industrial output fell for the third straight month in November, another sign that American manufacturers are under stress.
Bringing in more cash with the massive fixed asset the Speedway has is a worthy goal. And it all sounds so simple. And maybe it is. But many experienced business operators would tell you it isn’t.
Five years ago, Lawrence Township became one of the first districts in the nation to convert all of its elementary schools into magnet schools. Today, few parents are exercising choice—at most schools, 90 percent of students come from the surrounding neighborhood.
The most hallucinogenic theater offering in Indy in 2015 didn’t come from NoExit Performance, Know No Stranger, or one of the fringier Indy Fringe shows.
The institute, scheduled to begin serving as many as 1,500 patients in Indianapolis annually in 2018, will be part of a Pence administration initiative to improve Indiana’s network of state-operated mental health facilities.
Indiana residents will be able to purchase wine, beer or other alcoholic beverages on Christmas Day for the first time in decades under a change in state law.
The Red Bull air race will feature competitors navigating an aerial racetrack featuring air-filled pylons at speeds approaching 230 mph.
The U.S. Federal Reserve is poised to raise interest rates Wednesday for the first time in 9-1/2 years. It may not take long to know whether its decision was correct. History is filled with cases when central banks raised rates prematurely, sometimes with dire consequences.
The Indiana Economic Development Corp. on Tuesday voted to approve Regional Cities grants of $42 million each to north central, northeast and southwest Indiana, one more region than originally planned.
The Education Department said Tuesday that the rate for the 2013-14 school year was 87.9 percent in Indiana.
