Economists and experts see rising delinquencies as one of the growing risks to the economy this year, especially if student loans become too much for younger, debt-burdened Americans to handle.
Increasingly, benefits brokers and personal-finance experts are advising people use cash to pay for health care and investing the HSA funds for decades.
Named as a fellow to the Daniels School of Business, former World Bank President David Malpass said the “world would benefit from Purdue’s engagement … in terms of its expertise in business, in semiconductors, in climate science, in engineering.”
Almost half of Black home buyers in 2022 were first-time buyers, and newcomers haven’t benefited from the rising home equity that could help defray swelling sale prices and lending costs.
The “refresh” aims to address a key challenge—public misperception as to what OneAmerica Financial actually does.
Alpine 4 Holdings Inc., whose subsidiaries include Indianapolis-based RCA Commercial Electronics, says it is struggling “with unparalleled challenges.”
VisionTech reported this week that it invested a total of $2.88 million into 18 different companies last year, representing an increase in both the number of deals and the total value of deals from 2022.
Thursday’s report from the Commerce Department said the gross domestic product—the economy’s total output of goods and services—decelerated from its sizzling 4.9% growth rate the previous quarter.
The Indiana Secretary of State’s Office has issued a cease-and-desist order against Carmel-based ReJoyce Financial LLC, its CEO Alexander Joyce, and two other parties.
Home loan borrowing costs have been mostly coming down since late October, after the average rate on a 30-year mortgage surged to 7.79%, the highest level since late 2000.
Hoosiers for Responsible Lending on Wednesday hosted a press conference lauding two pieces of legislation at the Statehouse that they said would significantly improve consumer lending policy in Indiana.
The proposed change by the Consumer Financial Protection Bureau would potentially eliminate billions of dollars in fee revenue for the nation’s biggest banks.
The Consumer Financial Protection Bureau is expected to propose rules this week that would further rein in banks’ ability to charge customers a fee when they overdraw their bank account.
The average rate on a 30-year mortgage rose to 6.66% from 6.62% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.33%.
Hunkering down with family offers breathing room to save for a home. The trade-off comes down to temporarily relinquishing a measure of independence to achieve a milestone increasingly out of reach for people their age.
No one did better in 2023 than Elon Musk, who recaptured the title of world’s richest person from French luxury tycoon Bernard Arnault.
The Biden administration plans to more aggressively pursue thousands of small businesses with past-due pandemic loans, reversing an earlier policy that saw the U.S. government stop short of trying to collect an estimated $30 billion in delinquent debt.
When its latest policy meeting ends Wednesday, the Federal Reserve is likely to provide some highly anticipated hints about the extent of rate cuts next year.
Indianapolis-based Windsor Wealth Management had 14 employees and $1.9 billion in assets under management when Corient acquired the firm.
The contest for diverse-led Indiana-based startups offers a total of $150,000 in cash prizes.
