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Indiana Economic Development Agency Faces Audit Over Potential Wrongdoing
Indiana Governor Mike Braun has ordered an independent audit of the Indiana Economic Development Corp.
Business
Business
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Indiana Efforts to Drive Innovation and Tackle Veteran Debt Relief
Verizon, Team Penske, and the Indianapolis Colts have pledged to commit $6 million to erase medical debt for some Hoosier veterans over the next two years.
Business
Indiana Budget Bill Amended with Broad Tax Increases and Spending Reductions
Republicans and Democrats held news conferences to discuss the final version of the Indiana budget bill, which includes significant changes in response to an anticipated revenue gap of $2.
Business
US Economic Volatility Fuels Pessimism, Despite Signs of Recovery
Rising pessimism is gripping Americans over their finances, despite positive developments in trade talks hinting at a potential economic recovery ahead.
Business
Mega Price Hike Sparks Buyer Caution
The dream of striking it rich is even more expensive now.
Business
Tariffs Amplify Pressure on Coffee Prices Already on the Rise
Some coffee companies were already feeling the heat long before President Donald Trump's tariffs on foreign goods.
Business
Tariff Uncertainty Plagues Indiana Businesses
Indiana businesses are breathing a sigh of relief that there's a pause on non-China tariffs, according to a survey by the Indiana Chamber.
Business
Local Coffee Roasters Feel the Burn of Tariff Imbalance
Indianapolis coffee roasters are feeling the burn of tariff imbalance, thanks to the Trump administration's on-again-off-again tariffs.
Business
Trump's Tariff Impact on the Auto Market
As President Donald Trump weighs whether to suspend his tariffs on foreign cars and parts, automakers find themselves in a challenging position as they try to adapt to the back-and-forth.
Business
Eli Lilly's Orglifron Shows Promise in Weight Loss and Diabetes Management
Drugmaker Eli Lilly announced that it has successfully completed a Phase 3 study of a daily pill, Orglifron, which could lower blood sugar and aid weight loss.
Business
Rent Hikes Ahead: Tariff Anxiety Expected to Impact Rental Costs Next Year
The price of rent spiked after the pandemic and has not truly come back down since.
Business
Economist's Take on Property Tax Relief After Governor Braun Signs Bill
INDIANAPOLIS — Governor Mike Braun has signed Senate Bill One into law, aiming to provide property tax relief.
Business
Indiana's Property Tax Changes
An economist and a local government expert say Hoosiers' individual situations will determine how much they save under Indiana's new property tax overhaul.
Business
Wearing Out the Cost: Gold Prices Reach New Heights
The price of gold has reached an all-time high, exceeding $3,000 per ounce.
Business
IRS Provides Tax Filing Extensions
If you need more time to file your 2024 tax return, the Internal Revenue Service says there are options.
Business
Westfield Supports Local Businesses During SR 32 Construction
WESTFIELD, IN — With the closure of State Road 32, local businesses and community leaders in Westfield are adapting to the challenges of reduced access and potential financial shortfalls.
Business
Gas Prices Slip Amid Tariff Uncertainty and OPEC Production Increase
Gas prices are dropping ahead of the summer travel season, and experts predict they'll remain low through this year.
Business
Unemployment Fears Reach Pandemic Levels Among Americans
Americans are experiencing pandemic-level unemployment fears, according to a new survey.
Business
Trump's Next Trade Move: Tariffs on Phones and Electronics Imminent?
Tariff exemptions announced Friday on electronics like smartphones and laptops are only a temporary reprieve until the Trump administration develops a new tariff approach specific to the semiconductor industry, U.
Business
Trump's Temporary Tariff Exemptions for Chinese Electronics
Commerce Secretary Howard Lutnick said that President Donald Trump's exemptions on items such as computer and cellphone components made in China may be only temporary.
Business
Trade Agreements Over Tariffs Would Benefit US Manufacturers and Consumers
An expert says trade agreements, not tariffs, can bring economic benefits to U.
Business
US Stocks Soar at Week's End
Stocks kicked higher as pressure eased a bit from within the U.
Business
Trade War Threatens Las Vegas' $1 Billion Tourism Industry
Southern Nevada's economy relies heavily on tourism, but rising tariffs could squeeze the industry that fuels the region.
Business
Tech Winners Emerge as US Exempts Some Electronics From China Tariffs
As President Donald Trump has pushed tariffs on China to 145%, the administration announced it will not collect duties on certain electronics.
Business
Technology Exemptions: Smartphones and Computers Now Tariff-Free Under Trump's Latest Policy
Electronics imported to the United States are now exempt from President Donald Trump's reciprocal tariffs, according to a US Customs and Border Protection notice posted late Friday.
Business
Concerns Raised Over $3.8 Billion Chip Facility in West Lafayette
A South Korean company, SK hynix, wants to build a $3.
Business
Trump's Week of Economic Shifts
It's been one of the most dramatic weeks in the history of the U.
Business
China Slams US Goods with Tariffs, Increasing Rate from 84% to 125%
China has responded to increased tariffs from the US by raising its own duties on American goods from 84% to 125%, effective Saturday.
Business
Consumer Confidence Wavers Amid Trade Tensions and Market Volatility
President Trump's on-again, off-again tariff actions have sparked major stock market swings, leaving consumers and lawmakers hesitant about what's next.
Business
Dow Tumbles Below 40,000 as China's Retaliatory Tariffs Take Effect
A day after stocks on Wall Street saw a major rally in response to President Donald Trump's announcement that he was suspending tariffs on many U.
Business
Tariffs on China Threaten to Disrupt Tech Industry, Boost Electronics Prices
An all-out trade war between the U.
Business
Trump Temporarily Suspends Reciprocal Tariffs, Except for China
President Donald Trump announced a temporary suspension of all "reciprocal" tariffs, with the exception of China.
Business
Trump's Tariffs to Spike Prices of Fresh Fruit, Coffee, and Seafood
New York (CNN) — President Donald Trump called groceries an “old-fashioned” and “beautiful term,” but his policies will make America’s groceries more expensive today, supermarket executives and food industry experts say.
Business
Pharmaceutical Stocks Take a Hit as Tariffs Loom
The pharmaceutical industry took a hit as tariffs loomed, with companies like Alnylam Pharmaceuticals and Ascendis Pharma experiencing significant declines in market value.
Business
Retirement Concerns Grow Amid Economic Uncertainty
The economy remains a pressing concern for many Americans, especially as significant drops in retirement accounts have become commonplace.
Business
Central Indiana Real Estate Sees Boost from Returning Mid-Income Buyers
Central Indiana's real estate market is experiencing a boost from returning mid-income buyers.
Business
Consumers May Pull Back Amid Tariffs: Experts Urge Against Stockpiling Goods
Many consumers are on edge amid new tariffs taking effect.
Business
Big Lots Stores Reopen Under New Ownership
Discount shoppers can rejoice: Big Lots will be reopening nine stores across six states this month under new ownership after filing for bankruptcy.
Business
Republic Airways to Merge with Mesa Air Group
Republic Airways has agreed to merge with Mesa Air Group, creating Republic Airways Holdings Inc.
Business
Dow Plummets Over 1,400 Points Amid Trump Tariffs
Global markets plummeted in response to tariffs imposed by President Donald Trump on U.
Business
Sweet Lessons: How Sugar's Economics Can Inform Tariffs
The cost of sugar is something Phoenix chocolatier Jay Levine has definitely noticed.
Business
Economic Uncertainty Unfounded, Says Treasury Secretary
Treasury Secretary Scott Bessent says economic uncertainty is unfounded, despite recent market volatility and the implementation of new tariffs on foreign trade partners.
Business
Tariffs on the Horizon: Economic Uncertainty Mounts
Americans will likely look back at the past week as one that was pivotal in shaping the U.
Business
Pivoting Amid Uncertainty: Bridal Industry Faces Rising Costs Due to Tariffs
New tariffs and the ripple effect have the bridal industry bracing for impact.