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.
Federal Reserve Chair Jerome Powell opened the door ever so slightly to lowering a key interest rate in the coming months but suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy.
Testimony on Monday set the stage for an interim committee to find a balance between growing medical debt weighing down Hoosiers and allowing health care providers to collect what’s owed.
The jobs report that arrived last week, only a couple of days after the Fed voted on interest rates, showed that employers hired far fewer workers last month than economists expected.
Brendan McGrath, executive vice president and chief risk and compliance officer, will succeed Konich on Oct. 1.
Millions of Americans saving for retirement could have the option of putting their money in higher-risk investments, according to an executive order signed Thursday by President Donald Trump.
The former manager of a credit union branch in Indianapolis has been charged after investigators say she stole more than $350,000 from customer accounts.
During his career there, the Muncie-based bank has grown considerably, from a couple of hundred employees and $1 billion in assets to more than 2,000 employees and nearly $19 billion in assets.
Minges, who has been with the company for more than a decade, was named CEO in 2022. During the transition, a former Financial Center executive has been appointed to serve as interim.
The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House, as Trump has repeatedly demanded that the central bank reduce borrowing costs.
Inflation, ballooning home values and a decades-long push into stock markets by average investors have lifted millions into millionairehood.
President Trump argues that the Federal Reserve in general and Chair Jerome Powell in particular are costing U.S. taxpayers hundreds of billions of dollars in interest payments by not reducing borrowing costs.
MichaelSilver’s team of 60 accounting professionals and 14 partners will join Katz, Sapper & Miller.
Nearly a year after a federal judge placed Georgia-based financial firm Drive Planning LLC into receivership, the court-appointed receiver is still wrestling to gain control of the $2 million Geist mansion where the now-defunct firm’s managing partner lives.
What used to be a simpler checkout choice (“Cash or credit?”) has become more complex, fueled by tech-enabled options that have gained traction in recent years.
Nationally, $23 billion was raised through May, according to PitchBook, far less than the forecasted $90 billion.
Jason L. Crace entered a guilty plea for assisting in the preparation of false tax returns on behalf of clients who participated in an illegal tax shelter.
Federal authorities say Reina Isom submitted more than 50 fraudulent financial aid applications over a decade for more than a dozen different individuals.
Borgman Capital, a Milwaukee-based investment firm focused on acquiring midsize businesses, has established an office in Indianapolis. The office is led by Matt Kreutz, a longtime financial professional in the Indianapolis market. Kreutz joined the firm July 1 as managing director of deal originations. Currently, Kreutz is the firm’s only Indianapolis employee. But he said […]
Inflation-adjusted cash balances in checking and savings accounts “remain low with a flat-growth trajectory,” the analysis by JPMorganChase Institute found.
