Business, Economy and Consumer Affairs

Indiana Unemployment Rate Stays Unchanged In February

Mar 23, 2019
The Indiana Department of Workforce Development (FILE PHOTO: Brandon Smith/IPB News)
Brandon Smith

Indiana’s unemployment rate once again remained unchanged in February, holding at 3.5 percent.

That extends a record streak during which the rate has held steady.

Expo Highlights CBD Industry Challenges

Mar 19, 2019

As the hemp industry grows, so is the selling of CBD oil – non-psychoactive cannabis, with low tetrahydrocannabinol, or THC so it can't get people high – but that could open the door to unscrupulous businesses wanting to make a quick buck.

OVERSATURATION OF THE MARKET

The CBD business has been exponentially growing and is forecast to become $22 billion industry by 2022.

National CBD Expo Tour Comes To Indianapolis

Mar 18, 2019
Attendees walk around the CBD Midwest Expo Tour. (Samantha Horton/IPB News)
Samantha Horton

As Indiana lawmakers debate legalizing production of hemp, business leaders and consumers gathered in Indianapolis for the CBD Midwest Expo.

A decision by the Indiana Supreme Court regarding rental fees could cost the city of West Lafayette a large sum of money.

The court’s decision eliminates a carve-out that had allowed the cities of Bloomington and West Lafayette -- with their large, transient college populations -- to charge more than $5 per unit for inspections or to register the unit with the city.

Last year, the West Lafayette City Council redrew an existing rental inspection ordinance to streamline some of the fees charged to landlords for city-run inspections of their buildings.

The Indiana Supreme Court (Lauren Chapman/IPB News)
Brandon Smith

Rental property owners in Bloomington and West Lafayette can no longer charge rental fees greater than $5 per tenant.

That’s after a state Supreme Court ruling Friday.

Emilie Syberg / WBAA

On January 11, the last dry cleaner in Clinton County -- Frankfort Cleaners -- closed its doors.  

Debt Could Cast Cloud On Long-Term Health Of Farmers

Mar 12, 2019

  The United States Department of Agriculture’s latest report predicts farm incomes will increase this year, but it’s not enough to offset the debt many farmers have. 

The report projects corn price increases, which may sound like good news for Indiana farmers. 

Veterans, church leaders and advocacy groups rallied at the Statehouse Monday asking legislators to kill a bill that would expand subprime lending. (Samantha Horton/IPB News)
Samantha Horton

A coalition of veterans, church leaders and advocacy groups gathered at the Statehouse Monday to oppose legislation that would expand subprime lending in Indiana.

Indiana Unemployment Rate Unchanged For Record Stretch

Mar 11, 2019
Indiana began 2019 with the same unemployment rate as it ended 2018 – 3.5 percent. (Lauren Chapman/IPB News)
Brandon Smith

Indiana began 2019 with the same unemployment rate as it ended 2018 – 3.5 percent. 

State Tax Collections Miss The Mark In February

Mar 10, 2019
The Indiana Statehouse (Lauren Chapman/IPB News)
Brandon Smith

Indiana tax collections failed to meet expectations in virtually all major sources last month.

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