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Articles

Pay cuts for millions of U.S. workers worsen the pain of pandemic

July 1, 2020 | The Washington Post

At least 4 million private-sector workers have had their pay cut during the pandemic, according to economists who worked on a labor market analysis for the University of Chicago’s Becker Friedman Institute.

Online piano tutoring company hits a high note

July 3, 2020 | Anthony Schoettle

The pandemic has been a boon for Indianapolis-based Piano in a Flash, which teaches adults how to play the piano using a simplified version of sheet music.

Catholic Church lobbied for pandemic relief funds, got $1.4B

July 10, 2020

The church’s haul may have reached—or even exceeded—$3.5 billion, making a global religious institution with more than a billion followers among the biggest winners in the U.S. government’s pandemic relief efforts

Survey: Many Americans believe temporary job losses will be permanent

July 24, 2020 | Associated Press

In April, 78% of those in households with a job loss thought the losses would be temporary. Now, 47% think that lost job is definitely or probably not coming back, according to the poll.

Trump’s executive orders spark confusion; Democrats assail them as ‘unworkable’

August 9, 2020 | The Washington Post

President Trump’s directives were aimed at offering new unemployment benefits, protecting renters and postponing the payment of a federal tax. But an array of economists and lawmakers depicted these policies as unworkable or legally questionable.

$27M park on Geist Reservoir to be developed in waves

August 14, 2020 | Kurt Christian

The ambitious project, designed by Indianapolis-based Browning Day and projected to be completed in 2040, will provide the first public access point on the 77-year-old, 1,900-acre reservoir.

Methodist Hospital expansion exposes tax tensions

August 14, 2020 | John Russell

The redevelopment will exacerbate a challenge already weighing on Marion County: huge swaths of land off the tax rolls because they are owned by not-for-profits and are being used for purposes related to the groups’ missions.

Survey: Many in United States shoring up finances amid downturn

August 25, 2020 | Associated Press

Since February, there has been a $1.3 trillion jump in money kept in checking accounts—a 56% increase tracked by the Federal Reserve.

Dow Jones industrial average undergoing makeover

August 25, 2020 | The Washington Post

The Dow Jones industrial average, which tracks 30 large, publicly traded companies, is replacing three of the stocks.

Pandemic has changed the way homebuyers, homeowners think about houses

August 28, 2020 | Sam Stall

After spending months in virtual lockdown, some homeowners have learned their residences just don’t serve their needs. Or more accurately, the needs of a family in quarantine.

Used-car dealer Byrider hasn’t suffered much in pandemic

August 28, 2020 | Susan Orr

The company says sales are up after an earlier drop-off, and it hasn’t yet seen a spike in delinquencies or defaults among credit-challenged borrowers, who represent its core customers.

Sheila Kennedy: Privatizing parking meters is a mistake we’re stuck with

September 4, 2020 | Sheila Suess Kennedy

When you contract away your flexibility and your authority to make decisions that are responsive to unforeseen events, you can end up owing a lot of money to the private vendor.

Pandemic puts retailers in college towns to stiff test

September 11, 2020 | Sam Stall

The worst part for the hundreds of Hoosier small-business owners whose livelihood is linked to universities is the uncertainty.

House Democrats hope to pass funding bill to avert shutdown

September 22, 2020

A mini-furor over farm subsidies is threatening to delay passage of the measure. It ignited when Democratic leaders left out a key provision for farmers. Democrats from farm country are reluctant to approve the measure without the GOP-backed provision.

More landlords suing to push back against eviction ban

September 25, 2020 | Associated Press

At least 26 such lawsuits have been filed by property owners this year, claiming that the national eviction moratorium unfairly strains their finances and violates their property rights.

Trump joins growing list of virus-infected world leaders

October 2, 2020 | Associated Press

At 74, the U.S. president is the oldest head of state to become infected with the virus, and his age puts him at higher risk of serious complications from COVID-19.

Long-term jobless caught in squeeze that imperils recovery

October 5, 2020 | Associated Press

More than one-third of workers who have been laid off or furloughed regard their job loss as permanent, according to a survey by Morning Consult. That’s up from just 15% in April.

Report calls for Indiana school funding changes to close equity gaps

October 8, 2020 | Stephanie Wang, Chalkbeat Indiana

The gap is driven by charter schools, according to the report, since they serve a greater percentage of students of color than does the average Indiana district and do not receive local property tax revenues.

New law means $4.7M more in tax revenue for Fishers, courtesy of Carmel

October 9, 2020 | Kurt Christian

Special legislation passed in 2019 that caps Carmel’s income tax revenue growth at 2.5% per year for three years, with any excess transferred to Fishers, was triggered in the first year it could apply.

HAHN: Too much truck, house pinch retirement savings

October 9, 2020 | Jalene Hahn

The pandemic has highlighted the fragility of many Americans’ financial situations. We need to start prioritizing saving and self-reliance.

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