Powell: Fed to stay on hold amid widespread economic uncertainty
Federal Reserve Chair Jerome Powell said the economy remains mostly healthy despite “elevated uncertainty.”
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Indiana Supreme Court weighs legal recourse following alleged BMV error
An Indiana man maintains that an agency error cost him a job opportunity, over $1,000 in fines and a night in jail—but state attorneys argued Thursday that the Bureau of Motor Vehicles isn’t responsible for any damages.
Formula 1 approves Cadillac to join series as 11th team in 2026
Cadillac F1, owned by General Motors and Indianapolis-based TWG Motorsports, anticipates being distinctively American, with the possibility of IndyCar driver Colton Herta in the two-car lineup.
Homeland Security ends collective bargaining agreement with TSA staffers
The Transportation Security Administration has about 50,000 staffers—called transportation safety officers—at airports around the country.
Craft beer events company Indiana On Tap sold to in-state buyer
Company founder Justin Knepp said Indiana on Tap’s sale was completed Friday morning to Andrew Cornwell.
Lawmakers poised to amend property-tax bill amid pressure from Braun, constituents
Indiana lawmakers have been feeling the heat to restore more significant cuts to the Legislature’s primary property-tax relief bill.
US economy added 151K jobs in February amid warnings of weak springtime labor market
The data was collected the second week of February, when Elon Musk’s Department of Government Efficiency was beginning to cut agency workforces and federal contracts and grants were frozen or cut.
Chicago-based venture firm adds Indianapolis-based partner
Chicago-based M25, a venture firm that invests in early-stage Midwestern tech startups, has named local entrepreneur Brian Powers as its Indianapolis-based venture partner.
Bill roundup: Lawmakers ease back into session after week off
Committee dockets weren’t too packed during the largely slow week, but the House Ways and Means Committee heard Senate Bill 1, which drew hours of testimony.
Bill to exclude Cumberland from UniGov advanced by Senate panel
Lawmakers on the Indiana Senate Local Government Committee voted unanimously Thursday in favor of legislation that would exempt the east-side town of Cumberland from Indianapolis-Marion County consolidated government.
Target under 40-day boycott over decision to end DEI initiatives
Organizers of the “Target Fast” urged people who take part to stop shopping at Target and instead redirect their dollars to Black-owned businesses.
Trump signs executive order to establish government bitcoin reserve
Establishing a bitcoin reserve was one of several crypto-related promises President Donald Trump made on the campaign trail last year.
Walgreens agrees to be acquired by private equity firm for almost $10B
A buyout to take the drugstore chain private would give it more flexibility to make changes to improve its business without worrying about Wall Street’s reaction. Walgreens has been a public company since 1927.
Theaters represented by ACLU sue NEA over ‘gender ideology’ policy
The lawsuit argues that the NEA’s policy violates the Constitution “by imposing a vague and viewpoint-based restriction on artists’ speech.”
Parades, punk rock and a skate park intersect at Sequence event company
Bryan Apolskis has had one of the most unusual entertainment careers in the city. Apolskis serves as event director for the St. Patrick’s Day Parade and he owns the only indoor skate park in Indianapolis.
UPDATE: Trump changes course, delays some tariffs on Mexico, Canada
Also Thursday, Canadian Prime Minister Justin Trudeau indicated that he expects his country will be in a trade war with the United States for the foreseeable future.
Indiana elections chief joins call for federal upgrades to root out noncitizen voting
Indiana Secretary of State Diego Morales has joined 20 others in asking new Homeland Security Secretary Kristi Noem for changes to a federal citizenship verification service—including that it be free to use.
Trump administration plans 15% cut to VA workforce
VA is among the largest employers of federal workers, with most employed operating its network of hospitals around the country, according to Pew Research Center.
Indianapolis-based startup Pillar acquired by fellow HR tech company
Pillar, which launched out of High Alpha in 2021, offers a platform employers can use to help evaluate job candidates during the interview process.
Mortgage rates have declined but could stay at level that makes it tough to afford home
The average rate on a 30-year mortgage in the U.S. has declined six weeks in a row, according to mortgage buyer Freddie Mac.