Local News – Business & Economy

STATEWIDE-Barring any unforeseen circumstances, GasBuddy expects the national average for gas to be $2.99 by Christmas. “So long as nothing changes, we are on that trajectory. Wholesale gas prices haven’t been this low since early this year. Some stations in the state are only charging $3.30 while others are even below $3 per gallon,” said […]

NATIONWIDE — Inflation, supply and demand have been causing some economic trouble this year, but one Hoosier economist says overall, things aren’t bad. “Overall, you gotta be happy,” says Michael Hicks, economist at Ball State University talking to IndyPolitics, “growth rate for third quarter looks to be about 2.6-percent nationally, which is really strong.” Hicks […]

WASHINGTON — The Internal Revenue Service needs to be held accountable and kept transparent – so says your Senator. In a press release, Indiana Republican Senator Todd Young said the IRS received over 80-billion dollars from Senate Democrats through the Inflation Reduction Act, but there was no system in place to keep the IRS in […]

INDIANAPOLIS (WISH) — Utility costs have gone up as much as 26%, according to experts. That number is expected to grow. “It’s hard for asking for help when you’re so used to doing things on your own and being able to maintain things,” says Patricia Starks, who received energy assistance from the Salvation Army. “You […]

INDIANAPOLIS — City leaders are moving ahead with plans to redevelop the old Marion County Jail II building. The Metropolitan and Economic Development Committee of the Indianapolis City-County Council approved plans to create a TIF district that encompasses the lad that the old jail sits on. A TIF bond allows the city to take out […]

PULASKI COUNTY, Ind. — The next phase of a massive solar farm project in northern Indiana has begun. Gov. Eric Holcomb and many stakeholders in the Mammoth solar project broke ground on the second phase of the project on Thursday; a plan to build solar panels on about 3,500 acres of land in northern Pulaski […]

STATEWIDE — You may have noticed that prices for hunting and fishing licenses have increased from last year. You’re not seeing things – it’s real, and here’s why. “In September of 2021, the Natural Resources Commission approved increases to fees for our hunting, fishing, and trapping licenses, as well as a number of commercial licenses […]

INDIANAPOLIS — No one won the $1 billion jackpot from Monday night’s Powerball drawing, but someone in Indiana bought a ticket worth $1 million. The Powerball’s website shows tickets bought in seven states, including Indiana, matching all five numbers in the latest drawing, but not the Powerball. The winning numbers in Monday’s night drawing were […]

STATEWIDE–Gas prices have been dropping for three straight weeks. That is a trend that could be stopping soon, but that remains unclear. “We could see an end to it. The only reason we haven’t seen prices move up is because there was a lot of margin. As prices have come down, stations have lowered their […]

STATEWIDE--Two Hoosiers bought winning Powerball tickets Wednesday night, according to the Hoosier Lottery. A $50,000 winning ticket matching four out of the five numbers was sold at Lassus Handy Dandy, which is on Maplecrest Road in Fort Wayne. The other $50,000 winning ticket was purchased at JLG Food Mart on S. State St. in North […]