Trump blasts Fed chair Powell and looks forward to his ‘termination’
The message, posted early Thursday, came one day after Fed Chair Jerome Powell warned that the administration’s trade war was “highly likely” to spur a temporary rise in inflation.
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E-commerce sites Temu, Shein say they’re raising prices due to tariffs
Temu, which is owned by the Chinese e-commerce company PDD Holdings, and Shein, which is now based in Singapore, said in separate but nearly identical notices that their operating expenses have gone up “due to recent changes in global trade rules and tariffs.”
UPDATE: Lawmakers expect ‘tough’ budget cuts to offset $2.4B drop in projected revenue
An updated revenue forecast presented to the Budget Committee projected the state’s revenue will flatline from 2025 to 2027.
Trump administration creates uncertainty regarding federal office buildings, leases
Brokers representing building owners have generally refrained from discussing the issue publicly, either because of the fluidity of the situation or because their companies carry government leasing contracts.
Bill abolishing court positions passes Indiana Senate
Eleven mostly rural counties will lose judges under a bill passed 33-16 by the Indiana Senate on Tuesday.
Agencies ordered to release billions of frozen dollars aimed at climate, infrastructure projects
U.S. District Judge Mary McElroy, who was appointed by President Donald Trump, sided with conservation and nonprofit groups.
UPDATE: Senate dissents, sends public camping ban bill to conference committee
More than a dozen Senate Republicans joined Democrats in voting against the legislation, which makes camping on public property a Class C misdemeanor.
Gov. Mike Braun signs contentious property tax relief bill
About 15 hours after the Indiana Senate approved a high-profile property tax bill, Gov. Mike Braun signed the legislation, codifying his campaign promise of providing widespread relief to Hoosier homeowners.
Republicans reject cascade of Democratic amendments to budget
The body opted to accept just three changes to House Bill 1001. Another 60-plus amendments, mostly from the chamber’s 10-member Democratic caucus, were rejected.
With after-midnight vote, Indiana Senate sends property tax bill to governor
The high-profile property tax legislation has been criticized both for not providing enough homeowner relief and for reducing revenue for local governments.
Zuckerberg tells court Meta faces broader competition than FTC says
In federal court Monday, Meta CEO Mark Zuckerberg rejected the Federal Trade Commission’s claim that the social media giant maintains a monopoly.
Indiana Senate nears vote on bill scrutinizing nonprofit hospital prices
The Senate must still vote to pass the bill out of its chamber by Tuesday. The House will then decide whether it agrees with the Senate’s changes.
Teachers, parents, students call for ‘fully funded public schools’ at Indiana Statehouse rally
Hundreds of teachers, parents and students from across the state rallied to call for increased funding for public schools.
RFK Jr., Dr. Oz to join Braun to launch ‘Make Indiana Healthy Again’ campaign
Gov. Mike Braun’s new initiative borrows from Kennedy’s “Make America Healthy Again” slogan, which Kennedy, the U.S. health secretary, borrowed from President Donald Trump’s campaign.
What is 340B and how does it impact hospitals’ bottom line?
The somewhat obscure federal program designed to reduce drug prices for health providers is getting scrutiny from lawmakers this year.
Commerce chief: New electronics tariff exemptions are temporary, chip tariffs coming
Sparing electronics was expected to benefit big tech companies like Apple and Samsung and chip makers like Nvidia, though the uncertainty of future tariffs may rein in an anticipated tech stock rally on Monday.
IPS, other school districts move to e-learning Monday as staff protest potential school cuts
Several Indiana schools announced closings or online learning days Monday because many staff members plan to attend a Day of Action at the Indiana Statehouse.
Manufacturers struggle with uncertainty amid tariff chaos
The fallout has been most pronounced for companies that buy or sell from China, but even those that do business with other countries say international buyers are treading carefully.
Beckwith calls on Braun to veto property tax bill: ‘NOBODY understands this thing’
Indiana Gov. Mike Braun is expected to sign the latest version of Senate Bill 1, which supporters say would provide more than $1.4 billion in property tax relief over three years. Critics of the bill say local governments will raise income taxes to make up the difference.
Trump wants Congress to end changing of clocks, keep the country on daylight saving time
The president’s post came a day after a Senate panel heard testimony examining whether to set one time all year instead of shifting.