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Congress passes temporary bill to avoid shutdown as lawmakers punt spending decisions to December

September 25, 2024 | Associated Press

Lawmakers in both chambers are anxious to return to their home states and districts to campaign, smoothing the path for passage of the temporary funding fix. But more arduous fiscal negotiations await them at the end of the year.

Economy grew at solid 3% rate last quarter, government says in final estimate

September 26, 2024 | Associated Press

Business investment increased at a vigorous 8.3% annual pace last quarter, led by a 9.8% rise in investment in equipment.

Fed’s favored inflation gauge shows cooling price pressures

September 27, 2024 | Associated Press

The ongoing decline in inflation makes it even more likely that the Federal Reserve will cut its key benchmark rate further in the coming months.

Holladay Properties plans $21.4M conversion of downtown Angi building

September 27, 2024 | Mickey Shuey

The South Bend-based developer plans to convert the 12-story Angi Inc. headquarters on East Washington Street in downtown Indianapolis into a 180-unit apartment building.

Meeting and Event Planning Guide: Construction on event, convention developments picks up

September 27, 2024 | Mickey Shuey

No fewer than three facilities focused on entertainment and tourism are expected to open in downtown Indianapolis by the end of 2027 while two others, in Noblesville and Fishers, are scheduled to debut by next summer.

John Helling: Public libraries help voters make informed decisions

September 27, 2024 | John Helling

We want to make reliable information available to the public from a range of sources and perspectives so our patrons can use that information to pursue their own educational goals and come to their own conclusions.

U.S. job openings rise to more-than-expected 8 million

October 1, 2024 | Associated Press

Job openings have come down steadily since peaking at 12.2 million in March 2022, but they remain above where they stood before the coronavirus pandemic hit the American economy in early 2020.

IU to honor John Mellencamp with statue on Bloomington campus

October 1, 2024 | Dave Lindquist

Seymour native John Mellencamp co-founded Farm Aid and he became a member of the Rock & Roll Hall of Fame in 2008.

Lilly to invest another $4.5B in Lebanon site for new ‘medicine foundry’

October 2, 2024 | John Russell and Mickey Shuey and Cate Charron

The new funding, for an advanced manufacturing and drug development center, will bring the Indianapolis-based drugmaker’s total investment in the Boone County site to more than $13 billion.

Luxury apartment complex at Westfield’s Chatham Hills nears completion

October 2, 2024 | Daniel Bradley

Missouri-based Mia Rose Holdings is developing the 250-unit The James at Chatham Hills on 21 acres in Westfield, marking the company’s entry into central Indiana.

Candidates spar in first general election gubernatorial debate

October 2, 2024 | Whitney Downard, Indiana Capital Chronicle

Topics at Wednesday debate between Se. Mike Braun and Jennifer McCormick included a recently manipulated advertisement from the Braun campaign and the Republican nominee for lieutenant governor saying the other side invoked a “Jezebel spirit.”

City commission approves abatement for Angi building apartment conversion

October 3, 2024 | Mickey Shuey

Plans for the 180-apartment project also call for an entertainment commercial tenant for 18,000 square feet on the second floor and a white box retail space on the west side of the first floor.

South Korea-based hotel firm planning high-end hotel with 215 rooms in Westfield

October 3, 2024 | Daniel Bradley

Plans call for the 215-room L7 Westfield hotel to be built on 6.5 acres in the Lantern Commons development near the intersection of U.S. 31 and 161st Street.

State lawmaker DeLaney calls on legislature to boost K-12 tuition spending in 2025

October 3, 2024 | Casey Smith, Indiana Capital Chronicle

Democratic lawmaker Rep. Ed DeLaney of Indianapolis made public a new legislative analysis on Wednesday that showed the overall dollar amount spent on K-12 has grown each year, but its share of the state budget has dropped.

U.S. adds robust 254,000 jobs as unemployment dips to 4.1%

October 4, 2024 | Associated Press

Given Friday’s stronger-than-expected hiring report, economists say the Fed will almost certainly cut its benchmark rate in November by a modest quarter-point, after its larger-than-usual half-point reduction in September.

City announces final round of anti-violence grant recipients

October 4, 2024 | Taylor Wooten

The Elevation Grants program, which was formerly known as the anti-violence grant program, has provided 238 grants totaling about $40 million to 127 not-for-profit recipients since 2021.

Dread evaluations? Here’s a better approach

October 4, 2024 | Barb Cutillo

Wherever your organization lands, incorporating some coaching skills could make a huge impact on the motivation and engagement of your employees and the success of your organization.

Q&A: Carmel native builds company by building community

October 4, 2024 | Sam Stall

How has Old Town Design Group consistently grown in spite of real estate market disruptions? And what is its plan for the future? Co-founder Justin Moffett addressed those and other questions.

Carmel Clay Parks needs new funding source soon

October 4, 2024 | Daniel Bradley

Parks Director Michael Klitzing told IBJ the department over the next 10 years will need $6.5 million per year in capital funding to maintain its current assets and $11.5 million per year in capital funds to develop new parkland.

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