Indy-based website for coaches scores key VC investment
The startup operating from SoBro plans to expand its market with the cash infusion, connecting athletes and teams to qualified coaches.
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Committee considers but doesn’t vote on new VC tax credit
Senate Bill 165, authored by Republican Sen. Randy Head of Logansport, would distribute up to $10 million in tax credits to venture capital firms investing in Indiana businesses.
Cash-strapped Fair Finance CFO agrees to $50M settlement
An attorney for Rick Snow says the executive agreed to the deal because he lacked the money to fight the suit, not because he actually has the money.
Corn pile biggest since 1994 as crop overwhelms use
Stockpiles of corn in the United States, the world’s top grower, are rising at the fastest pace in 19 years as a record crop overwhelms increased demand for the grain used to make livestock feed and ethanol.
Lawmakers consider state-assisted retirement plan
Senate Bill 66 creates a state-assisted savings plan for retirement. The bill is opposed by the Association of Indiana Life Insurance Companies.
Senate confirms Yellen to chair Federal Reserve
Janet Yellen, 67, will replace Ben Bernanke, who is stepping down after serving as chairman for eight years dominated by the Great Recession and the Fed's efforts to combat it.
After year of stock records, a weak start to 2014
The Standard & Poor's 500 index began the New Year with its worst performance in three weeks as energy and technology companies pulled down the stock market.
Can Simon’s mall spinoff become a growth company?
There’s not a lot of sizzle among the 54 strip shopping centers and 44 enclosed malls that Simon Property Group Inc. plans to spin off into a new public company early next year.
2013 was the year of unstoppable stocks
Instead of worrying about the wider world in 2013, investors focused on the Federal Reserve and the outlook for its stimulus program.
Investment manager sees good growth prospects for 2014
Tom Pence predicts change for U.S. manufacturing.
Indianapolis-based hedge funds subject to market forces, too
Five years after the crash, the luster of hedge funds isn’t what it used to be.
How Fed’s pullback of stimulus could affect you
The Federal Reserve's move Wednesday to slow its stimulus will ripple through the global economy. But exactly how it will affect people and businesses depends on who you are.
Markets close at record highs after Fed’s tapering decision
U.S. stocks rose, sending benchmark indexes to all-time highs Wednesday, after the Federal Reserve said it will reduce the pace of its monthly bond purchases and expressed confidence in the labor market recovery.
Fed to reduce bond purchases by $10B in January
The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The Fed will trim its $85 billion a month in bond purchases by $10 billion starting in January.
Investors await Fed’s decision on bond purchases
But most economists think that when the Fed's latest policy meeting ends Wednesday, it will announce that it's maintaining its pace of $85 billion a month in bond purchases.
Poll: Many Americans see end of stock market surge
Americans aren't expecting another bang-up year for the stock market, according to a new Associated Press-GfK poll.
Federal workers’ pensions targeted in budget deal
Their retirement programs are notably generous compared to the norm in private industry. But for federal workers hired after 2012, the pension program is turning less generous.
Interactive Intelligence’s early bet on cloud paying off
The maker of call center software has seen its stock price rocket from about $20 to $62 over the last 25 months. The runup has swelled the company’s market value from $400 million to $1.3 billion.
Barron’s says Simon stock among best for 2014
The owner of hundreds of retail properties landed on the Barron’s list of top stock picks for 2014, with the financial publication citing an improved outlook and an analyst upgrade.
Stock market jumps after strong jobs report
Stocks rose sharply after the government reported a fourth straight month of solid U.S. job gains, the latest encouraging sign for the economy.