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Established 2026 · Indianapolis

Middle-market deals and Midwest markets, covered with depth.

Markets · Federal Reserve

Warsh Holds Rates, Signals the Next Move Is Up

Fed Chairman Kevin Warsh at his first policy meeting press conference

The new Fed chairman kept borrowing costs unchanged for a fourth straight meeting — but nine FOMC members now project a hike before year-end, rattling markets and resetting the outlook for Midwest dealmaking through 2026.

Banking

Old National's Midwest Expansion Puts Three Ohio Community Banks in Play

Consolidation among regional lenders accelerates as rate pressure squeezes margins at smaller institutions.

Industrials

Cummins Spinoff Targets $1.2B Valuation as Standalone Engine Parts Maker

The Columbus, Indiana company's separation strategy draws scrutiny from activist shareholders eyeing growth levers.

Pharma

Lilly's Oncology Pipeline Draws Three Strategic Bidders for Midwest Distribution Rights

The Indianapolis pharma giant is weighing licensing agreements versus outright asset sales for its mid-tier oncology portfolio.

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