INDOT to study expansion of Indy-to-Chicago train service
INDOT is expected to use a federal grant to develop a service plan for the Amtrak Cardinal line that would include increasing its frequency from three days a week to seven days.Read More
Pence quits presidential race after struggling to gain traction
Former Vice President Mike Pence is the first major candidate to leave a race that has been dominated by his former boss-turned-rival, Donald Trump, and his struggles to underscore just how much Trump has transformed the party.Read More
IBJ Podcast: Carmel filmmaker, 23, prepares to air 8-hour JFK documentary on History Channel
Ashton Gleckman lays out the reasons he thought the world—and in particular its post-Kennedy generations—needed a deep dive into the life and legacy of the 35th president.Read More
Federal grant helps IEDC expand minority services to small businesses
The agency last year received $1.6 million from the federal Minority Business Development Agency and added $400,000 in matching funds.Read More
Lawmakers are racing to beat fast-approaching government shutdown deadlines in March, but deep policy divisions may slow them down on everything from passenger rail funding to Internal Revenue Service resources to support for the World Health Organization.
Dozens more congressional candidates filed their latest quarterly reports with the Federal Election Commission ahead of a Wednesday deadline, detailing contributions to their campaigns and how they spent the money.
Wages rose unexpectedly fast in January, too. The strong hiring and wage growth could complicate or delay the Federal Reserve’s intention to start cutting interest rates later this year.
On Wednesday, the CEOs went before the Senate Judiciary Committee to testify as lawmakers and parents grow increasingly concerned about the effects of social media on young people’s lives.
The move, part of a broader effort to curb planet-warming emissions from household appliances, could prompt political backlash even though it reflects a compromise with U.S. manufacturers.
Congress wants to end a tax break meant to encourage businesses to keep workers on the payroll during the COVID-19 pandemic. What was expected to cost the federal government $55 billion has instead cost it nearly five times that amount as of July.
The measure extends current spending levels and buys time for the two chambers to work out their differences over full-year spending bills for the fiscal year that began in October.
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 Justice Department said if JetBlue were allowed to buy Spirit, it would especially hurt travelers who depend on Spirit’s low fares.
The emerging deal would make the existing child tax credit more generous, a major Democratic priority. In exchange, it would also continue several business tax breaks favored by corporate America, a Republican priority.
Funding for 20 percent of the government—including the Transportation Department, some veterans’ assistance and food and drug safety programs—is set to expire Jan. 20, just after midnight.
Borrowers will be eligible for cancellation if they are enrolled in the new SAVE plan, if they originally borrowed $12,000 or less to attend college, and if they have made at least 10 years of payments.
The Federal Aviation Administration said Thursday that it is launching an investigation into whether aerospace giant Boeing followed rules to ensure the aircraft that it built were safe for operation.
Congress began leaving Washington on Thursday for the long holiday weekend without a plan for how to prevent a government shutdown next week.
A proposal from the Michiana Area Council of Governments for an EV charging project based in Indiana is set to receive $4.2 million.
The bill would reinstate a tax deduction for personal casualty losses that was removed by congressional Republicans in 2017. The deduction covered sudden or unexpected events such as floods, fires, earthquakes—and thefts.
Qualifying for the credits depends on requirements related to their battery makeup and minerals that get tougher each year.
The Labor Department rule, which the Biden administration proposed 15 months ago, replaces a scrapped Trump-era standard that lowered the bar for classifying employees as contractors.
Following weeks of negotiations, Senate Majority Leader Chuck Schumer, D-N.Y., and House Speaker Mike Johnson, R-La., announced Sunday that they had agreed to a $1.66 trillion funding deal that would reduce overall spending by the federal government.