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2021 Forty Under 40 Alumni Award: Ryan Vaughn

June 1, 2021 | Lesley Weidenbener

During Vaughn’s time as president, the Sports Corp. has hosted or won bids to host an NBA All-Star Game, multiple Big Ten championships, the College Football Playoff national championship, and myriad NCAA tournaments and championships—including the 2021 Men’s Basketball Championship, which took place wholly in Indiana.

2021 Forty Under 40: Vaughn, Baker say timetable was toughest part of tournament

June 1, 2021 | Lesley Weidenbener

IBJ chose the Indiana Sports Corp.’s president, Ryan Vaughn, and board vice chairman, Jennifer Pope Baker, as the first recipients of the Forty Under 40 Alumni Award in recognition of their work to pull off the unprecedented NCAA Men’s Basketball Tournament this spring. IBJ talked to Vaughn and Baker about how the process went.

Fishers Test Kitchen restaurant readies move to Bottleworks

June 2, 2021 | Ellie Albin

Chef Carlos Salazar said he expects downtown Indianapolis customers will be more open to the global street food he serves at Lil Dumplings.

New jobs report expected to show faster pace of hiring

June 3, 2021

Job postings in late May were nearly 26% above pre-pandemic levels, as posted jobs reached their highest level on record dating to 2000.

U.S. adds 559K jobs as businesses struggle to fill positions

June 4, 2021 | Associated Press

Last month’s job growth was above April’s revised total of 278,000, the Labor Department said Friday, yet well short of employers’ need for labor. The unemployment rate fell to 5.8% from 6.1%.

George Lessmeister: Help wanted: What are job seekers looking for?

June 4, 2021 | George Lessmeister

While businesses think they can be choosy with new hires, job seekers can and will be choosy, too. Job seekers have a lot of choices right now.

CIB optimistic about finances post-pandemic

June 4, 2021 | Mickey Shuey

The Capital Improvement Board of Marion County is working to balance its budget and rebuild its reserves after a year in which it fell $40 million into the red.

Nate Feltman: Waking up from my political hangover

June 4, 2021 | Nate Feltman

Let’s examine some water cooler chatter about the 2024 governor’s race (even though it’s early).

Sports: Indy 500 fan attends 78th race (or 79th?)

June 4, 2021 | Mark Montieth

Dr. Richard Bennett’s perfect-attendance mark for the race is a wonder to behold, a feat of devotion likely unmatched by any fan of any sport in any place.

Another big jump in prices tightens squeeze on U.S. consumers

June 10, 2021 | Associated Press

American consumers absorbed another surge in prices in May—a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008.

Travel rebound: 2 million people go through U.S. airports

June 13, 2021 | Associated Press

The Transportation Security Administration announced Saturday that 2.03 million travelers were screened at airport checkpoints on Friday. It was the first time in 15 months that the number of security screenings has surpassed 2 million in a single day.

Hotel industry emerges from pandemic with new business model, possibly fewer workers

June 13, 2021 | The Washington Post

One thing that hotels across the board are considering is whether many of their customers are willing to accept fewer services than before, such as daily room cleanings and sizable breakfast spreads, analysts say, and that might mean a smaller hotel workforce.

No chips, no tips: Shortage threatens thousands of restaurant jobs

June 13, 2021 | The Washington Post

A lack of chips, computer not tortilla, is wreaking havoc on the already beleaguered restaurant and bar industry.

Delicate task for Fed: When to pull back on low-rate support

June 14, 2021 | Associated Press

With inflation rising in a fast-rebounding economy, the Federal Reserve is poised this week to discuss when it will take its first steps toward dialing back its ultra-low interest rate policies. It will be a fraught discussion.

The 7 industries most desperate for workers

June 15, 2021 | The Washington Post

Sawmills, veterinary clinics and psychologists’ offices are among the businesses gripped by escalating worker shortages, as employers in a few pockets of the economy step up competition for workers and sharply increase wages.

Fed boosts inflation forecasts, moves up expectations for interest rate hike

June 16, 2021 | The Washington Post

The Federal Reserve expects inflation will climb to 3.4% this year, higher than the central bank’s previous forecasts, and projected for the first time that there could be two interest rate hikes in 2023.

Capital Improvement Board sees first financially positive month since pandemic

June 18, 2021 | Mickey Shuey

The operator of the city’s convention facilities reported its best monthly financial performance since the pandemic led the Indiana Convention Center to temporarily close down in March 2020.

2021 Indiana 100: Tech, younger customers key to RV maker’s growth

June 18, 2021 | Anthony Schoettle

Bob Martin is the head of Thor Industries, one of the biggest publicly traded companies in Indiana and, instead of resting on his laurels, he’s creating technology-oriented executive roles within his company and looking to make big technological advancements in Thor’s products.

Hamilton County plans domestic violence shelter

June 18, 2021 | Kurt Christian

Plans to build the county’s first shelter are taking shape, but questions remain about the project’s location and funding, which could put its eventual construction in jeopardy.

Speedway considering legal options for stalled Wilshaw project

June 22, 2021 | Mickey Shuey

The town of Speedway is considering legal action against the developer of the long-delayed Wilshaw hotel project, after the company declined its requests to provide a public update Monday night on the development’s status.

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