A growing number of analysts and insiders are reaching a startling conclusion: The scrapping of the college Division I football season actually might come with as many silver linings as drawbacks—maybe even more.
Behind the Fed’s new thinking is an ailing economy in the grip of a viral pandemic and a stubbornly low inflation rate that has long defied the Fed’s efforts to raise it.
The size of a credit card, the self-contained test is based on the same technology used to test for the flu, strep throat and other infections.
The Indiana Supreme Court is launching a new mediation program to help stem an anticipated flood of evictions by facilitating settlement agreement.
The pandemic has caused airline travel to fall sharply, decimating revenue. Travel has recovered somewhat from very low points in March and April, but it still hasn’t come back to its pre-pandemic levels.
Indiana Gov. Eric Holcomb on Wednesday said the additional extension of Stage 4.5 was needed because Indiana’s COVID-19 testing-positivity rate and hospitalizations remain too high.
The Indiana State Department of Health on Wednesday reported the testing of 11,955 more individuals and a cumulative positivity rate for unique individuals of 8.7%.
A federal appeals court also is being asked to enter an immediate injunction that would permit Hoosiers to vote by mail due to the pandemic.
The July increase was led by a strong advance in the volatile transportation sector, which was up 35.6%.
Since February, there has been a $1.3 trillion jump in money kept in checking accounts—a 56% increase tracked by the Federal Reserve.
Threatening fines and funding cut-offs, the Trump administration on Tuesday issued new COVID-19 requirements for nursing homes and hospitals.
About 43,000 new cases are being reported daily across the country, down 21% from early August, according to data compiled by Johns Hopkins University.
IndyGo said the balancing program would not eliminate any routes. IndyGo had planned to make major route changes this year, but has postponed those changes until next year because of the pandemic.
Passenger traffic has recovered slightly since the beginning of the pandemic but remains down 70% from a year ago, and carriers say they need fewer workers.
Banks are now facing tens of billions of dollars of loans that appeared healthy in March, but are now in forbearance or deferral because those borrowers can no longer pay.
The Indiana State Department of Health reported the testing of 9,140 more individuals and a cumulative positivity rate for unique individuals of 8.7%.
The pandemic hasn’t stopped all hospitality business in Indianapolis. Nearly 40,000 people have visited downtown since the beginning of July for events at the Indiana Convention Center or at major hotels.
The S&P 500 rallied 34.12, or 1%, to 3,431.28 and added to the all-time high it set last week, when it erased the last of its losses from the coronavirus pandemic.
In a May survey of 3,800 restaurants, the association found that 78% of operators who were selling alcohol to go had brought back laid-off employees, compared to 62% of operators overall.
Zoom said Monday that it began receiving reports of disruptions around 9 a.m. It has identified the issue causing the problem and is working on a fix, it reported on its status page.
