Retail sales rise modest 0.3%, but optimism still buoyed
With Americans paying more across the board for necessities like food and gas, the slowdown in spending may be an indication of inflation fatigue.
With Americans paying more across the board for necessities like food and gas, the slowdown in spending may be an indication of inflation fatigue.
The Fed’s policy change does carry risks. Raising borrowing costs too fast could stifle consumer and business spending. That, in turn, would weaken the economy and likely raise unemployment.
Eviction filings in Indianapolis were 49% below average in August but just 7% below average in the first 11 days of December, according to Eviction Lab at Princeton University.
The affordable housing complex’s owner plans to pump $23 million into major renovations, more than double the 40-year-old property’s valued worth.
The NFL, NBA and NHL have all updated their coronavirus protocols amid an uptick in cases among players and team officials.
A heightened sense of anxiety has begun to erode the willingness of some people and some businesses to carry on as usual in the face of the extraordinarily contagious omicron variant.
One of the companies that was pass over for the license, Las Vegas-based Full House Resorts, has sued the Indiana Gaming Commission, claiming it didn’t follow state law when it picked Churchill Downs to develop the casino.
If a new surge of COVID-19 ends up spreading wildly through college football’s top teams, a contingency plan would allow a champion to be crowned without the championship game ever being played in Indianapolis on Jan. 10 as planned.
The outbreaks are a reminder of the risks that front line workers continue to face on the job, and the central role that workplaces can play in the transmission of the virus.
Indianapolis tourism officials say the city’s convention and events business should be almost fully recovered by the end of 2022—at least based on projections for attendance and economic impact.
Officials in a small central Indiana town plan to seek reimbursement from a straw-storage business after fire crews spent weeks fighting a fire smoldering amid corncobs and straw bales.
More than 500 million rounds of golf were played in 2020, and the early returns from 2021 indicate that this year will be even better.
The economy has seldom seen such a mismatch between so much demand for workers and so few people willing to work.
Indiana took on one of the most gargantuan events in its history this year, playing host to all 68 teams and thousands of spectators for the entire NCAA men’s basketball tournament.
Following a 2020 dominated by news about restaurants closing permanently, the central Indiana dining scene regained momentum in 2021.
Indianapolis-based Kite Realty Group Trust announced in July that it would merge with Oak Brook, Illinois-based Retail Properties of America Inc. in an all-stock deal worth $2.8 billion.
Indianapolis-based Republic Airways Holdings Inc. announced Sept. 21 that it will move its corporate headquarters to Carmel and consolidate its training programs there as part of a mixed-use development project.
Real estate deals, police-reform legislation, a name change for the fieldhouse and more news from 2021.
The latest sign of the influential technology event’s dwindling size was Friday’s announcement that CES will run one day shorter than originally planned.
Employers hired 6.7 million people in November, up from 6.5 million in October, the Labor Department reported Tuesday in its monthly Jobs Openings and Labor Turnover Survey.