The state received $2.4 billion earlier this year from the federal Coronavirus Relief Fund, which was established in the Coronavirus Aid Relief and Economic Security Act. The funding must be used for pandemic-related expenses incurred before Dec. 30.
In a mixed and muted day of trading, the S&P 500 rose 6.55 points, or 0.2%, to 3,701.17. It’s within roughly 1 point of its record set last week.
The package emerging is expected to include hundreds of billions of dollars in aid for ailing small businesses and jobless Americans and a one-time check of between $600 and $700 for millions of Americans below a certain income threshold.
The choice of Pete Buttigieg, who sought the Democratic presidential nomination and has an ardent following among some members of the party, will bring a dash of star power to what is normally a staid, if important, department.
U.S. officials say they’re actively negotiating for additional purchases of Pfizer’s coronavirus vaccine after passing up a chance to lock in a contract this summer since it was still unclear how well the shots would work.
The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress—a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely.
According to a revenue forecast presented to the State Budget Committee on Wednesday morning, tax receipts for the state’s general fund—essentially its main checking account—will total $34.95 billion for the next two-year budget, which will start in July.
Two growing national retail brands have filed permits with the state for construction on spaces at the shopping center at North Keystone Avenue and 62nd Street.
President-elect Joe Biden introduced Democratic primary rival Pete Buttigieg on Wednesday as his nominee for transportation secretary, calling the 38-year-old ex-mayor of South Bend “a new voice, with new ideas determined to move past old politics.”
Top congressional leaders are hoping to seal a deal as early as Wednesday that would extend aid to individuals and businesses and help ship coronavirus vaccines to millions.
Marion County saw another 964 more COVID-19 cases and 18 more deaths, bring cumulative totals to 60,483 cases and 1,006 deaths.
Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the U.S. economy.
The U.S. Supreme Court on Wednesday agreed to review a court decision that the NCAA has said blurred “the line between student-athletes and professionals” by removing caps on education-related money certain football and basketball players can receive.
The business-advocacy organization also said it re-elected board Chairman Dennis Murphy of IU Health and the rest of the board’s executive committee.
Founded in 2013, Advanced Agrilytics provides farmers with data and strategies on seeding rates, fertility applications and in-season crop management.
Among the recipients are five organizations in Indiana, including two in Indianapolis.
Vice President Mike Pence stressed the need for Americans to stay focused on limiting the spread of the virus before a vaccine is in widespread use.
This year’s months-long hack of federal networks has revealed new weaknesses and underscored some previously known ones, including the government’s reliance on widely used commercial software that provides potential attack vectors for nation-state hackers.
The vaccine appears poised for regulatory clearance after a detailed data review by Food and Drug Administration scientists confirmed the two-shot regimen was “highly effective” in a clinical trial and carried no serious safety concerns.
Wall Street is growing increasingly confident that Democratic and Republican lawmakers will clinch a bill based on a $748 billion bipartisan proposal that would inject cash directly into the economy as prior benefits begin to expire at the end of the year.
