Wall Street pulls back from its records as JPMorgan Chase and Delta kick off earnings season
U.S. companies are under pressure to deliver strong growth in profits to justify the runs to records their stock prices have made.
Banking & Finance
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IBJ Podcast: ‘I joke that I went from selling paper money to toilet paper,’ former banker says
In this encore edition of the IBJ Podcast: Something was missing from her career as a commercial lender, and Cindy Schum found it in a small firm that sold janitorial and cleaning supplies.
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Why investing in a Trump Account could complicate your taxes
Under the terms of the One Big Beautiful Bill law that created it, the federal government will seed each Trump Account with $1,000 for every U.S. citizen born from 2025 through 2028.
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IBJ Podcast: Pete the Planner on whether buying a home is always a smart investment
It’s not at all necessary to get started right away, and there’s a navigable path for renters in the 40s to end up in a very comfortable situation by retirement.
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IBJ Podcast: ‘It all comes back to relationships,’ says banker turned small-biz owner
Something was missing from her career as a commercial lender, and Cindy Schum found it in a small firm that sold janitorial and cleaning supplies. After early trepidation, she realized she already had the key to entrepreneurship.
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Articles
Brownsburg-based State Bank names new CEO
Brownsburg-based State Bank has a new CEO following the Dec. 31 retirement of longtime executive Mike Baker.
A powerful force has been holding back the housing market. It’s finally easing.
The housing market recently crossed a noteworthy line: There are now more Americans with mortgage rates higher than 6% than below 3%.
Boonville bank sues state depositor insurance fund
A small bank in southwestern Indiana claims that it and other financial institutions around the state are owed a combined hundreds of millions of dollars that are held in a state-run bank deposit insurance fund.
Rollin Dick remembered for ‘lasting impact’ on local community
Former insurance executive, business investor and philanthropist Rollin “Rollie” Dick died Jan. 3 at age 94.
Investment firm targets ultra wealthy for growth
As of Dec. 5, Sapient Capital LLC had $13.3 billion in assets under management—the total value of assets a firm manages for its clients—and it’s working to more than double that figure in the foreseeable future.
Copper set for biggest annual gain since 2009 on supply bets
The rise is being fueled by near-term supply tightness and bets that demand for the metal key in electrification will outpace production.
Bots, banking and stablecoins expected to dominate fintech in 2026
After a year of regulatory triumphs, industry leaders are betting that 2026 could mark a major inflection point.
Silver and gold futures slide after CME raises margin requirements
With prices surging this year, the Chicago Mercantile Exchange, one of the world’s largest trading floors for commodities, required traders to put up more cash to invest in precious metals.
Publicly traded private-credit funds set for worst year since 2020
The funds have been pummeled by a storm of rate cuts, market blow-ups and rising signs that the market is set to experience more stress.
Bankruptcies surge as companies grapple with inflation, tariffs
Among the total was a surge of “mega bankruptcies,” or filings by companies with more than $1 billion in assets, during the first half of 2025.
Wage garnishment for defaulted student loans to resume early next year
There were about 5.3 million borrowers who had not made a payment on their federal student loans for at least 360 days as of June 30.
PayPal applies to form its own bank to expand small-business lending
PayPal has provided $30 billion in loans to more than 420,000 businesses worldwide since 2013, according to the company.
Roomba maker iRobot files for bankruptcy protection
IRobot, which became well known for its robotic vacuums, has struggled of late, dealing with increased competition, layoffs and a declining stock price.
Carmel man faces 2 federal charges in complex fraud case
Jordan Chirico is facing both criminal charges and civil litigation over his alleged connections to what authorities describe as a $200-million-plus Ponzi scheme.
AI data center boom sparks fears of glut amid lending frenzy
The broader AI universe has also been caught up in the worries, with circular deals and soaring valuations taking a toll on the bullish sentiment that once dominated.
Federal Reserve cuts key rate but signals higher bar for future reductions
Wednesday’s cut reduced the Fed’s key interest rate by a quarter-point, to about 3.6%, the lowest it has been in nearly three years.
Longtime Old National exec Jim Sandgren to retire
Jim Sandgren has been with Indiana-based Old National since 1992 and currently leads the bank’s commercial lending operations.
Bankers bet big on 2026 after underwriting $65B in deals
Dealmakers are banking on markets remaining calm enough to sell on those commitments to investors.
Dells donate $6.25B to encourage families to claim ‘Trump Accounts’
The historic gift has little precedent, with few single charitable commitments in the past 25 years exceeding $1 billion, much less multiple billions.