Indianapolis Public Library system said it is seeking a new financing plan after costs grew beyond the budget cap of $12 million for each project.
IBJ Podcast: Pete the Planner answers questions about retirement, college savings, mortgages
Host Mason King and the folks in the Midtown Parents Facebook Group in Indianapolis have a lot of questions about money—specifically how they should be saving it for retirement and college.Read More
Owner of Carmel’s Clay Terrace files for bankruptcy
Washington Prime Group, which filed for bankruptcy Sunday, said it may end up selling some or all of its properties as part of its restructuring. The company also owns several other local retail centers.Read More
IBJ Podcast: Do I need a financial adviser? Probably. But how do I pick?
As host Mason King has experienced, figuring out what type of adviser you need and then which one to hire can be tough. So Peter “Pete the Planner” Dunn explains what to look for and how to choose.Read More
Surprise plunge in bankruptcies puts attorneys to test
Economists thought economic turmoil caused by the COVID-19 pandemic would cause bankruptcy filings to surge. Instead, they’ve plummeted, which is forcing bankruptcy practitioners across the state to cut costs or find other work to fill the void.Read More
Scott Jarred didn’t have big expectations for his first book, “FutureHack! How To Reach Your Full Financial Potential,” which he self-published this year. But it ended up on the top of The Wall Street Journal’s e-book non-fiction best-seller list.
Washington Prime Group, a Simon Property Group spinoff that owns several other local shopping centers, barely missed defaulting on a $23.2 million interest payment this week before securing a forbearance agreement that ends on March 31.
In this week’s podcast, Peter “Pete the Planner” Dunn says parents aren’t doing their adult kids any favors when they share details about their net worth or estate planning. In fact, doing so can cause far more problems than it solves.
Toledo-based Republic Development Corp. and Carmel-based J.C. Hart Co. plan to build a 219-unit apartment complex, a 295-space parking garage and 5,295 square feet of first-floor retail in Noblesville’s downtown, on the east bank of the White River.
Passenger traffic at the airport is expected to be 45% lower in 2020 than last year, but airport leaders say they are confident they can keep the organization’s finances stable.
Peter “Pete the Planner” Dunn breaks down the factors you must consider when building up your retirement nest egg.
IBJ Podcast: Pete the Planner urges immediate support for restaurants, plus answers to burning money questions
We all know that restaurants have been devastated by the pandemic. Some have closed, and Pete predicts more are about to. He suggests determining how much you can afford to help and then spending that cash at two or three restaurants that are meaningful to you.
Our determination to make the optimal choice means we’re often plagued by buyer’s remorse as well as decision paralysis.
Amid the widespread economic disruption caused by the pandemic, banks have already granted payment deferrals of up to six months to a significant number of commercial and individual borrowers.
The city plans to spend $3 million on infrastructure, lighting and beautification projects in the area, using funds generated within the TIF district.
The approval means roughly 425 stores and 45,000 jobs will be preserved, at least for now.
Debt-burdened FullBeauty Brands has a restructuring plan ready to go that would turn over ownership to its creditors. But a federal trustee wants to tap the brakes.
The pay gains suggest that employers are increasingly competing for a limited pool of workers. Raises stemming from minimum wage increases in 18 states also likely boosted pay last month.
Despite slipping sales and lost market share, the Elanco animal-health unit is strong and the time is right to explore selling or spinning it off, Eli Lilly and Co. officials said Tuesday.
The trucking giant is canceling its $28 million Mount Comfort headquarters, selling its flatbed unit, and outsourcing its driver schools, to refocus on core business as the industry is expected to boom.