Analysis: More than $400B in COVID-19 relief aid was stolen or wasted
An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding, while another $123 billion was wasted or misspent.
An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding, while another $123 billion was wasted or misspent.
The Consumer Financial Protection Bureau issued a consent order last week against Fishers-based Phoenix Financial Services over alleged violations of federal debt-collection and credit-reporting laws.
Saffron Cafe, known for colorful murals on multiple exterior walls, served Moroccan cuisine from 2009 until the restaurant closed in 2022.
While no new jobs are being created, the company said the move will help retain the nearly 4,000 employees at the northeast Indiana facility.
An emerging pullback should be welcome news for the Federal Reserve, which has been taking aggressive steps for more than a year to slow the economy enough to bring down inflation.
Federal student loan borrowers haven’t been required to make loan payments since March 2020. But the grace period is almost over: Some 44 million borrowers will be required to either begin or continue making payments in September.
A memo issued by the State Budget Agency last week says that, despite “our strong financial position,” the state needs “to be mindful of unknown factors.”
Indianapolis-based Elevance Health, which operates Anthem plans, said that in most cases, it won’t cover Ozempic unless a patient is diagnosed with diabetes and has tried another medication to manage it, but physicians can still prescribe it.
The new version of the law targets districts with declining enrollment, such as the South Bend Community School Corp. and Indianapolis Public Schools, which had an average building utilization rate of 60% in 2021-22.
The SEC filed lawsuits last week against the world’s biggest cryptocurrency exchanges, Binance and Coinbase, deepening tensions between the government and a volatile industry that has been marred by scandals and market meltdowns.
The Indianapolis-based pharmaceutical giant is spending hundreds of millions of dollars to win over patients with an extensive advertising campaign.
The franchises are leaning heavily into youth sports—hoping to create lifelong fans or even a talent pipeline—by sponsoring recreational leagues, hosting skills camps and clinics, or even creating travel programs.
Community leaders and volunteers are working to turn a site that was once a swimming hole on the White River for Black Indianapolis residents into a year-round destination.
By the time it’s expected to come online in 2026, a Wabash Valley Resources fertilizer plant will be able to capture and store up to 1.65 million tons of carbon dioxide annually.
The federal lawsuit filed on behalf of an IPS teacher claims that, in addition to First Amendment violations, the legislation is overly broad, as neither “instruction” nor “human sexuality” is defined.
The amount of time homes are spending on the market in the Indianapolis area is soaring compared with a year ago, but median sales prices are still on the rise.
In a narrow, unanimous ruling, the justices sent back to a lower court the case testing the line between trademark protections and free-speech rights.
Find out who the key advisers, pollsters and communication professionals are behind the campaigns of incumbent Democratic Mayor Joe Hogsett and Republican challenger Jefferson Shreve.
The Indianapolis-based software development firm had one employee when it launched in December 2021. The company now has 26 employees—and big ambitions for continued growth.
Private employees in all but one Indiana county make less than the national average wage, according to an analysis of employment data from the U.S. Bureau of Labor Statistics.