Investors eyeing opportunities in accounting firms
As technology and other factors transform the accounting industry, a growing number of firms are turning to private equity investments to help them keep up with the pace of change.
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IBJ Podcast: Pete the Planner on the best and worst ways to handle a big inheritance
Pete also discusss how much you would need to inherit in order to immediately retire; why putting a down payment on a lake house might not be advisable; and why preventing family squabbles should be a key goal in planning to divide your assets.
Federal judge temporarily halts Biden plan to lower credit card late fees to $8
The temporary nationwide injunction is a win for the big banks and major credit card companies, which collect billions in revenue each year in late fees and were looking to stop the proposal from going into effect.
IBJ Podcast: Pete the Planner on what your career earnings should tell you about retirement savings
In the 300th episode of the IBJ Podcast, Pete Dunn also discusses the role that your housing decisions—good and bad—play in retirement readiness.
State budget leader foreshadows focus on property taxes next session
Rep. Jeff Thompson, the chair of the House’s fiscal-minded Ways and Means Committee, says his goal is simplicity but that the changes he has in mind are so massive that they could take multiple sessions.
Pete the Planner: Here’s what you need to know about executing an estate
As an executor, adeptness in managing administrative tasks—from inventorying assets to paying debts and filing taxes—is paramount.
LISC programs aim to boost Black businesses
The programs are intended to help central Indiana Black business owners combat long-standing challenges in securing bank loans.
IBJ Podcast: Pete the Planner asks, ‘Can ambitious people feel fulfilled in retirement?’
If you’re a company founder, serial entrepreneur and/or C-suite executive, the ambition that drives you will not vanish the day you decide to give up full-time work and hit the pickleball court.
Health-tech startup DecisionRx lands $100M credit facility to fund growth
Indianapolis-based DecisionRx uses technology to recommend medication decisions to physicians and pharmacists based on genetic profiles, existing medication regimes and contraindications.
Pete the Planner: Enlightenment is the goal of your financial journey
Here’s what I’ve learned about our financial lives as we age—they get increasingly complex, and we don’t necessarily get better with money along the way.
Neighborhood groups set to oppose city’s plan to acquire Broad Ripple Park Family Center
Several Indianapolis neighborhood groups are taking issue with the city’s plan to spend up to $26 million in tax revenue earmarked for neighborhood redevelopment to acquire the new family center.
Visa profit surges as consumers turn up reliance on digital payments
Payments processing giant Visa has benefitted from a fundamental change in consumer behavior that has led to the broad acceptance of digital payments, as well as from the growth in online shopping.
Yield on a 10-year Treasury reaches 5% for first time since 2007
Besides making it more expensive for U.S. homebuyers to buy a house with a mortgage, higher yields also put downward pressure on prices for everything from stocks to cryptocurrencies. Eventually, they could help cause companies to lay off more workers.
IBJ Podcast: Pete the Planner on understanding your (and your partner’s) relationship with money
Peter Dunn uses a series of questions to help listeners identify the money personality—or “script”—that best matches their relationship with money and then explains the pros and cons of each.
Social Security benefits to increase by 3.2% in 2024
Next year’s hike follows this year’s 8.7% benefit increase, which was brought on by record 40-year-high inflation.
Pete the Planner: Invite your financial adviser to criticize your thinking
Keep pressing them to be critical until they offer something. Once that seal is broken, candor can take hold.
IBJ Podcast: Pete the Planner on death, divorce and other edgy questions in personal finance
In this 250th episode of the IBJ Podcast, Peter “Pete the Planner” Dunn answers some of the most sensitive questions in personal finance.
Nate LaMar: BRICS threat against the US dollar rings hollow
Brazil, Russia, India, China and South Africase countries are threatening to create their own currency, in order to displace the U.S. dollar as the world’s reserve currency, in which most transactions are denominated.
Sides reach $750K settlement in rent-to-own housing dispute
The Fair Housing Center of Central Indiana and Indianapolis-based Rainbow Realty Group Inc. have announced a settlement in a legal fight over an allegedly predatory rent-to-own program.
Indianapolis-based angel investor group eyeing ‘record year’ in 2023, executive director says
VisionTech, a group of more than 130 investors, has so far this year made seven investments totaling $1 million. In comparison, the group made a total of 16 investments totaling $2.4 million in all of 2022.