Articles

Local lending app’s COVID mission mirrors angelic name

Taylor Simpson says the coronavirus outbreak is “the perfect launchpad” for his Indianapolis startup, The Halo App. If that sounds cold, it’s not, he insists. Simpson explained that helping people has always been his firm’s primary mission. This month, in response to the pandemic, Simpson is putting his money where his mouth is

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Fed signals it will likely hold rates near zero for months

Federal Reserve Chairman Jerome Powell suggested that given the depth of the U.S. economic catastrophe, with perhaps 30 million people having lost jobs in the past six weeks, it will “probably will take some time for us to get back to a more normal level of employment and ultimately maximum employment.”

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