Trump announces trade deal with Japan that lowers threatened tariff to 15%
Indiana receives the largest amount of Japanese investment per capita among all U.S. states, according to the Indiana Economic Development Corp.
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Far beyond Harvard, conservative efforts to reshape higher education are gaining steam
Officials in states including Indiana, Florida, Ohio, Texas, Iowa and Idaho increasingly have focused on university governance—rules for who picks university presidents and boards and how much control they exert over curriculums and faculty tenure.
Coca-Cola confirms cane-sugar version of its trademark cola is coming
Coca-Cola’s flagship product in the United States has been sweetened with high fructose corn syrup since the 1980s.
Indiana lawmaker proposes state takeover of Mile Square
Under State Sen. Michael Young’s proposal, a governor’s appointee, a state-appointed board and the Indiana Attorney General would tackle policy and prosecution in downtown Indianapolis.
Health insurance through Affordable Care Act faces big premium hikes
The average person buying a marketplace plan would pay 75% more for their monthly premium if Congress doesn’t extend the subsidies, according to KFF.
Defense letter confirms Indiana’s Camp Atterbury to be used for immigrant detention
The letter confirmed the Trump administration’s plans to utilize military bases amid a capacity crisis in federal immigration facilities.
IBJ names 20 in their Twenties honorees for 2025
The up-and-coming leaders represent business, the arts and culture, philanthropy, government and community service.
Republican senators caution Trump against firing Fed chair Jerome Powell
Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear the repercussions if President Donald Trump follows through with threats to try and remove the politically independent central banker.
Gov. Braun says state could intervene in Indy law enforcement after downtown violence
The Republican governor’s statements came on the heels of a string of shootings involving youth in the city’s core, including one on July 5 that killed two minors, and just before Indianapolis hosts WNBA All-Star Weekend.
UPDATE: Trump says he’s ‘highly unlikely’ to fire Fed’s Powell after floating idea in private
President Trump made the statement less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing the head of the nation’s central bank.
Young’s support helps foundations avoid tax increase in new Trump legislation
Sen. Todd Young of Indiana and Sen. James Lankford of Oklahoma advocated to remove the provision which, at the high end, would levy a tax of 10% on the investment earnings of philanthropic foundations with more than $5 billion in assets.
Analysis: Latest Indiana budget drops spending 7%—with cuts ‘telling’
The $54.6 billion budget, approved in May, spends 3% more than its 2023 predecessor. But the state’s spending power has sunk 5% since then.
Senate votes to move ahead with Trump’s request for $9B in spending cuts
Democrats warn that the cuts would devastate public TV and radio stations, and gut foreign aid programs.
UPDATE: Fiscal leaders confident in Indiana’s finances with reserves at $2.5B
Reserves will be 11.2% of Indiana’s spending, at the lower end of the 10-15% recommended to maintain Indiana’s AAA bond rating.
United States imposes 17% duty on Mexican tomatoes
Proponents said the import tax announced Monday will help rebuild the shrinking U.S. tomato industry.
Supreme Court allows Trump to lay off nearly 1,400 Education Department employees
The high court action enables the administration to resume work on winding down the department, one of President Trump’s biggest campaign promises.
Trump threatens Russia with tariffs if war on Ukraine isn’t resolved within 50 days
President Trump has long boasted of his friendly relationship with Russian President Vladimir Putin, but Russia’s relentless onslaught against civilian areas of Ukraine wore down Trump’s patience.
Manufacturing stuck in rut despite subsidies from Biden, protection from Trump
The Institute for Supply Management, an association of purchasing managers, reported that manufacturing activity in the United States shrank in June for the fourth straight month.
EU delays retaliatory tariffs on US goods in hopes of reaching deal by Aug. 1
The value of EU-U.S. trade in goods and services amounted to $2 trillion in 2024. Europe’s biggest exports to the U.S. are pharmaceuticals, cars, aircraft, chemicals, medical instruments and wine and spirits.
Braun administration eliminates programs, positions and initiatives across state agencies after DEI review
A January executive order gave state agencies until July 1 to complete a review and identify diversity, equity and inclusion in their policies. In total, 350 such initiatives were identified.