With U.S. dollar nearly equal to euro, impact is being felt
The U.S. Dollar Index, which measures the value of American money against six major foreign currencies, has jumped nearly 12% this year, to a two-decade high.
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Higher gas prices hurt pockets, make tiny dent in emissions
High gasoline prices are a “double-edged sword” for the president because they hurt him politically even though they lead to fewer trips to the gas pump and lower emissions.
New residential projects planned for Westfield’s Grand Park Village
The three proposed projects would add 471 living units to the 220-acre development south of Grand Park Sports Campus.
Indiana Democrats criticize GOP for delaying special session work
Democratic members of the House and Senate met at the Indiana Statehouse on Wednesday to criticize state Republicans for not meeting on the first day of a special session to address abortion and inflation issues.
U.S. allows pharmacists to prescribe Pfizer’s COVID-19 pill
The announcement comes as COVID-19 cases, hospitalizations and deaths are rising again, although they remain near their lowest levels since the coronavirus outbreak began in 2020.
Juul, FDA suspend court case while e-cigarette ban on hold
The agreement comes one day after the FDA placed a hold on its initial order banning Juul’s products from the market, saying that Juul’s application warranted “additional review.”
Behavioral issues, absenteeism at schools increase, federal data shows
The findings by the National Center for Education Statistics, or NCES, based on responses from of leaders at 846 public schools, underline problems that have become increasingly well known during more than two years of pandemic-altered education.
Marian University lands $5M grant from Fairbanks Foundation for engineering
Marian University said the grant would help educate “a pipeline of diverse engineering talent” to meet the workforce needs of central Indiana.
Fed: Sharply higher rates might be needed to quell inflation
Federal Reserve officials are concerned that Americans are starting to expect high inflation to last longer than they had before—a sentiment that could embed an inflationary psychology and make it harder to slow price increases.
Keystone Group acquires two industrial buildings in downtown Carmel
The buildings are south of The Center for the Performing Arts on a 5.4-acre property at the northeast corner of Gradle Drive and 3rd Avenue Southwest.
Fishers-based ‘blank check’ company finds acquisition target
Fishers-based American Acquisition Opportunity Inc. says it has entered into a merger agreement with Royalty Management Corp. in an all-stock deal that values Royalty Management at $111 million. The merger will create a new Fisher-based public company.
Indiana farmers battle production cost spikes
Facing steep increases in food production costs, Indiana farmers warn that consumers are likely to see continued price jumps at stores later this year.
U.S. job openings slip, but employment landscape remains solid
U.S. employers advertised fewer jobs in May as the economy has shown signs of weakening, though the overall demand for workers remained strong.
How hotel satisfaction promises have led to more discontent
Some hospitality experts say that promise—a 100% refund if customers weren’t 100% happy—might’ve made things worse for both the customers and the hotels.
Next frontier for drones is letting them fly out of sight
Aviation authorities in the U.S. and elsewhere are preparing to relax some of the safeguards they imposed to regulate a boom in off-the-shelf consumer drones over the past decade.
Pickle pizza among 22 new vendor menu items at Indiana State Fair
Two alcoholic beverages, Sun King’s Caramel Corn beer & Hi and Mighty’s Lemon ShakeUp, will join the roster of menu items.
Andretti calls team’s meltdown, hot tempers at Mid-Ohio ‘unacceptable’
Teammates Romain Grosjean and Alexander Rossi played bumper cars in a race for position that turned personal. Rossi also hit rookie teammate Devlin DeFrancesco. Grosjean hit Colton Herta, and IndyCar penalized both Rossi and Grosjean for avoidable contact.
IPS expanding virtual tutoring at low-performing schools
Virtual tutoring is the latest addition to a suite of tutoring efforts the district is launching to address academic declines after the COVID-19 pandemic.
$13.1 million awarded to help Hoosiers with eviction legal services
Lt. Gov. Suzanne Crouch and The Indiana Housing and Community Development Authority on Tuesday announced a new partnership with the Indiana Bar Foundation to provide legal services for Hoosiers facing eviction.
Smithfield Foods settles pork price-fixing lawsuit for $42M
The lawsuit remains pending against other major pork producers, including Hormel, Tyson Foods, Seaboard Foods and Triumph Foods, and the Agri Stats database company they allegedly used to share confidential information.