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U.S. inflation slows from a 40-year peak, but remains high

August 10, 2022 | Associated Press

Wednesday’s report raised hopes that a modest slowdown in inflation might enable the Federal Reserve to raise short-term interest rates by less than had been anticipated when it meets in late September.

Evictions spiking as rents soar, assistance disappears

August 10, 2022 | Associated Press

Rental prices nationwide are up nearly 15% from a year ago and almost 25% from 2019, according to the real estate company Zillow.

Emmis founder: ‘Never say never’ on sale of Monument Circle HQ

August 11, 2022 | Mickey Shuey

Jeff Smulyan, chairman, CEO and founder of Emmis, said the company is weighing all its options for what could be done with the prominent downtown property.

Jim Shella: Freedom prevails even if Trump doesn’t get it

August 12, 2022 | Jim Shella / Special to IBJ

I have no expectation that Trump will learn and grow and come to the conclusion that he was in the wrong.

City eyes street rebuild on Monument Circle

August 12, 2022 | Mickey Shuey

Officials are working on finding the $60 million, which will likely include federal funding, to pay for it.

Lennar Homes planning 53 townhouses at Fishers Marketplace

August 15, 2022 | Daniel Bradley

The three-story townhouses at Marketplace Towns would range from 1,700 to 2,200 square feet with an average cost of $400,000.

U.S. retail sales flat in July as households spent more cautiously

August 17, 2022 | Associated Press

Consumers remained wary of spending much on non-essentials: Sales were down 0.5% at department stores and 0.6% at clothing stores.

Conrad Indianapolis hotel loses appeal for COVID-19 insurance payout

August 17, 2022 | Katie Stancombe, The Indiana Lawyer

In 2020, occupancy rates at the Conrad dropped “into the single digits” due to the COVID-19 pandemic. The hotel “lost virtually all of its business income” while incurring “additional expenses for cleaning and disinfecting the property.”

Mike Lopresti: Joey Chestnut to attempt popcorn record at Victory Field

August 19, 2022 | Mike Lopresti

The man who once put down 182 chicken wings in 30 minutes, 55 glazed doughnuts in eight and 121 Twinkies in six has developed an appetite for a new conquest. Popcorn.

Settlement proposed for downtown hotel’s $1M Spring League lawsuit

August 24, 2022 | Mickey Shuey

The agreement between Crowne Plaza Union Station owner B&D Associates LP and The Spring League LLC would require the league to pay about $850,000.

Can Indiana secure a CHIPS Act tech hub?

August 26, 2022 | Peter Blanchard

With the help of new federal legislation, Indiana leaders believe they have a strong chance of making the state a tech metropolis in the nation’s heartland.

Indiana Landmarks to identify Black heritage sites

August 26, 2022 | Susan Orr

Thanks to a recent $5 million Lilly Endowment Inc. grant and other financial support, Indiana Landmarks is expanding its boundaries beyond just preserving buildings.

Dutch government ‘very concerned’ after soldier’s killing in Indianapolis

August 30, 2022 | The Washington Post and Associated Press

Defense Minister Kajsa Ollongren told reporters in Prague, where she met with her European Union counterparts, that the state of affairs in the Netherlands’ “most important ally” had become troubling.

What will the future look like for Indianapolis International Airport?

September 2, 2022 | Mickey Shuey

Airport leaders are in the early stages of charting the facility’s next 30-plus years, a future that might eventually usher in additional real estate developments, a third runway, more gates and unmanned aircraft operations.

Developer: Proposed Indy Eleven stadium won’t need more state support

September 2, 2022 | Mickey Shuey

The Indy Eleven soccer team owner said he is confident his plans for a downtown stadium won’t hinge on asking for more state tax dollars than already promised, despite the project’s cost increases since the Legislature agreed three years ago to help fund it.

Business travel not rebounding as fast as airlines expected

September 6, 2022 | Associated Press

Business travelers generally pay higher fares, so the absence of so many of them has an outsized impact on airline revenue and profit.

Marion County prosecutor candidate Carrasco shares public safety plan

September 8, 2022 | Jordan Morey, Indiana Lawyer

Using the FedEx Ground facility where eight people were killed last year as a backdrop for a new conference, Republican candidate Cyndi Carrasco on Wednesday blamed Marion County Prosecutor Ryan Mears, a Democrat, for not preventing the mass shooting.

Elanco’s new HQ project nearing city approval, with a few issues outstanding

September 12, 2022 | John Russell

The Greenfield-based company will lay out the design for its $100 million-plus global headquarters in Indianapolis on Thursday before a hearing examiner, who will rule on the project.

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