U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race.... Read More
LL Flooring, the hardwood flooring retailer formerly known as Lumber Liquidators, is going out of business. The retailer has nine stores in Indiana, including Indianapolis, Greenwood, Lafayette, Muncie, South Bend, Fort Wayne, Merrillville and Evansville.... Read More
Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the first time since March in a sign that the job market may be cooling but remains sturdy.... Read More
The CEOs of Kroger and Albertsons insisted Wednesday—under questioning from the federal government—that merging would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart, Costco and Amazon.... Read More
More than 10,000 workers at 25 hotels across the U.S. were on strike Monday after choosing Labor Day weekend to amplify their demands for higher pay, fairer workloads and the reversal of COVID-era cuts.... Read More
The companies finalized their agreement Tuesday to jointly run the new factory in New Carlisle but said production would not start until 2027. Previously the plant was expected to start making cells in 2026.... Read More
The expansion at the Swedish Match plant in Owensboro—about four miles from the Indiana border—is expected to add 450 jobs, boosting the factory's workforce by about 40% to help meet growing demand for smoke-free products, the company said.... Read More
American consumers felt more confident in August as their outlook for the future improved. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 103.3 in August from 101.9 in July.... Read More
The two companies proposed what would be the largest supermarket merger in U.S. history in October 2022. They say joining together would help them rein in costs and better compete with big rivals like Walmart and Costco.... Read More
The official not-for-profit organization of the National Park Service is set to receive the largest grant in its history, a $100 million gift the fundraising group described as transformative for the country's national parks.... Read More
