Indiana restarts federal unemployment payments while court battle plays out
The Indiana Department of Workforce Development said those who have remained unemployed since federal payments were cut off last month will begin receiving back payments.
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Indy-based Kinetrex bought by Houston energy firm for $310 million
Kinetrex, formed by Citizens Energy in 2013 and sold to a Chicago private equity firm four years later, said it was looking for a larger partner to help it increase its presence in renewable natural gas.
Indiana reports 500-plus new COVID cases for third straight day
The state said more than 2.88 million Hoosiers have been fully vaccinated against COVID-19 after a daily increase of 4,600. More than 2.85 million had received the first dose of a two-dose vaccination.
Indiana unemployment in holding pattern above pre-pandemic rate
Indiana’s unemployment rate has been hovering at or near 4% for the last sixth months. It was 3.3% in March 2020, just before the pandemic triggered wide-scale layoffs and job losses.
Gain in U.S. retail sales underscores solid, steady consumer demand
Nine of 13 retail categories posted increases in June sales, including solid gains at electronics and appliance outlets, clothing stores and restaurants.
Used-car frenzy makes for record prices, ‘cutthroat’ sales floor
The used-car lot, ordinarily a haven of haggling and wheeling-and-dealing, is now a hotbed for wallet-busting transactions.
Census data will be ready Aug. 16 to begin legislative redistricting
The U.S. Census Bureau says data needed for Indiana lawmakers to redraw the state’s legislative and congressional districts will be ready Aug. 16, and legislative leaders are planning to hold hearings across the state that month to receive public input on the once-a-decade task.
Purdue nabbed 175 U.S. patents for invention in 2020, among the most by a university worldwide
Indiana University ranked 53rd among universities for patents for invention last year, a jump in the rankings from previous years.
Area existing-home sales, prices escalate while inventories fall
The seller’s market in residential real estate grew even stronger in central Indiana in June, with existing homes selling at a faster pace and buyers spending extra to land properties.
NCAA’s Emmert: It is time to decentralize college sports
NCAA President Mark Emmert said the NCAA’s more than 1,100 member schools should consider a less homogenous approach to the way sports are governed and re-examine the current three-division structure, which includes 355 Division I colleges.
Colts, 3 other NFL teams remain under 50% vaccinated, source says
Pittsburgh, Miami, Carolina and Denver have the highest vaccination rates and are among 10 teams that have achieved at least 85%.
USA Gymnastics in midst of culture shift
Gymnastics federations from the U.S. to Great Britain to Australia are grappling with their own version of a #MeToo movement as athletes in each country have come forward to detail a culture they viewed as toxic.
Former Indiana lawmaker Dan Forestal dies at 38
Forestal resigned from his Indiana House seat about a year ago, saying he was struggling with mental health issues. He also faced several criminal charges related to alcohol and resisting arrest.
Child tax credit starts hitting U.S. families’ bank accounts
Democrats see this as a landmark program along the same lines as Social Security. But many Republicans warn that the payments will discourage parents from working and ultimately feed into long-term poverty.
Marion County rolls out new COVID-19 weapon
The county health department is using a brightly colored, 40-foot-long bus as a mobile unit for downtown workers and visitors to get shots, to help boost the county’s 41.2% vaccination level.
Indiana evictions could surge post-moratorium
A federal freeze on most evictions that was enacted last year is scheduled to expire July 31. Although no statewide data exists, Indiana housing experts estimated that roughly 13% of tenants—about 106,000 Indiana households—are at risk of eviction.
Indiana reports 586 more COVID-19 cases, one more death
Statewide hospitalizations due to COVID-19 increased from 415 on Tuesday to 443 on Wednesday.
U.S. unemployment claims fall to 360,000, a new pandemic low
Last month, employers added a hefty 850,000 jobs, and hourly pay rose a solid 3.6% compared with a year ago—faster than the pre-pandemic annual pace and evidence that companies are being compelled to pay more to attract and keep workers.
National real estate player Compass enters Indy-area market by landing 23 local agents
The New York City-based residential real estate firm, which went public in April with a $450 million IPO, said the local agents had more than $160 million in 2020 sales volume.
Zionsville council OKs up to $9M in bonds for new library branch in Whitestown
The Hussey-Mayfield Memorial Public Library is planning to build an estimated 23,000-square-foot branch on 11 acres gifted by Whitestown that will offer additional community meeting spaces and programming.