A colorful morning at the Hendricks County 4-H Fair

Orioles, coming off a nine-win season and sectional title, return starting quarterback and several other key players

Wild Wednesday drag racing: 'This is a run what you brung night.'

Plainfield's volleyball team won nine matches in 2015. This year, they've won 11 matches already. Here's what changed.

The Kansas commit threw five touchdown passes against a defense that entered the game allowing just 6.5 points per game.

After five consecutive sectional losses to Avon dating to 2010, Brownsburg finally knocks off its rival in tournament

Steve Brunes spent nearly four decades coaching Indiana high school basketball with stops at Brownsburg, Cowan, Columbus East, Castle and Alexandria.

Brownsburg upended Plainfield on Dec. 7 but the Bulldogs will be missing a key player when the two teams meet in the Hendricks County finals.

Danville senior Ella Collier is Hendricks County's all-time leading scorer. And it didn't happen by accident.

Brownsburg defeats Plainfield, 55-43

The Brownsburg Bulldogs are back on track after three dominant wins in the Hendricks County tournament.

Two people have been confirmed dead after they were found in an overturned vehicle in a creek in Brownsburg on Tuesday.

"We all struggled with personal protective equipment in the funeral industry," said Eric Bell, funeral director and owner of David A. Hall Mortuary in Pittsboro, Ind.

Eric Bell, a funeral director in Pittsboro, Ind., says the longest he's waited to hold a memorial service is two months for a deceased person. He explains why.

"I love from afar, do the best I can from afar but nothing equals a hug," said Eric Ball, funeral director, owner of David A. Hall Mortuary.

Belatedly, I've got round to looking at the Treasury's recent decision to change how it calculates the necessary contributions that have to be made to cover the future costs of unfunded public service pensions.

My interest was sparked by a letter sent to the chancellor by 23 pension experts, organised by the consultant John Ralfe. They argue that the Treasury has made a mistake in its choice of a new so-called discount rate.

If you think this is tedious abstruse stuff that has no relevance to you, think again. The aggregate public-sector net liability for pensions is so huge - perhaps £1 trillion - that it matters to all of us as taxpayers, especially those likely to be paying tax in 10 and 20 years time, that the government has a reliable and accurate valuation of pension promises.

Pensions represent, to coin the phrase, a massive off-balance-sheet debt. And as we've all learned to our cost from the financial crisis of 2007-8, it is a bad idea to carry on blithely pretending off-balance-sheet liabilities don't exist.

So what is this blessed discount rate? Well in the private sector it can be seen as the number used to translate into today's money a commitment to pay £650 a week pension (for example) for 30 years or so to a retired employee (till he or she dies), so that we can see whether there's enough money in the pension fund to pay that employee (and all the other employees) during his or her long retirement.

The point of the discount rate is to assess whether there's enough money in the pension fund - or whether it needs to be topped up.

Which is all very well, except that for most of the public sector, there are no funds or pots of money to pay for future pensions. Most of the pension promises are unfunded, payable out of employees' current contributions and out of general taxation.

That said, since public sector workers are increasingly expected to make a contribution to the costs of their own pensions, it would presumably be sensible for that contribution to be set at a level that is rationally related to the value of promised pensions.

So what is the best way of measuring the cost today of new pension promises?

Well the government has decided to "discount" those promises by the rate at which the economy is expected to grow.

Now there is some logic to that: the growth rate of the economy should determine the growth rate of tax revenues; and the growth rate of tax revenues will have a direct bearing on whether future pension promises will bankrupt us all or not.

But here's the thing. Any private sector chief executive might well be sent to prison if he or she decided to use the equivalent discount rate for a company, which would be the expected growth rate of that company's revenues or profits.

The reason is that although it might be possible to remove subjectivity (or in a worst case, manipulation) from any long-term forecast of the growth of GDP or of a company's turnover, it is not possible to remove considerable uncertainty.

To illustrate, the Treasury has chosen a GDP growth rate of 3% per annum as the discount rate for public sector pensions, which is considerably above the rate at which the UK economy has grown for years or indeed may grow for many years.

If we were growing at 3%, we would in practice be less worried about the off-balance-sheet liabilities of public-sector pensions, because the on-balance-sheet debt of the government would not be growing at an unsustainably fast rate.

To put it another way, in choosing its view of the long term growth rate of GDP as the discount rate, the Treasury is arguably understating the burden of future pensions to a considerable extent.

So what discount rate do companies use?

Well they are obliged to discount the liabilities at the yield or interest rate on AA rated corporate bonds.

Which may not be ideal, but has some advantages: there is a market price for AA corporate bonds, so the yield or discount rate is difficult to manipulate by unscrupulous employers; and it tells the company how much money would need to be in the pension pot, on the basis that all the money were invested in relatively safe investments (AA corporate bonds).

Now Ralfe and his chums believe that the discount rate for public sector promises should be the yield on long-term index linked gilts (gilts are bonds or debts of the British government) - partly because this too has a difficult-to-manipulate market price and because an index-linked government bond is a very similar liability to a public sector pension promise (both are protected against inflation, both are in effect debts of the government).

They point out that gilt interest and principal payments are paid out of future tax revenues, just as future pensions are. So if the value today of future pensions should be discounted at the GDP rate, that's how index linked gilts should be value on the government's balance sheet - which would be bonkers.

Anyway, if you've read this far (and many congratulations to you if you have), you may take the view that it would not be rational to impose a tougher discount rate on the government than on private-sector companies - which is what Ralfe et al seem to want, in that the yield on index linked gilts will always be lower than the yield on AA corporate bonds (because HMG, even with all its debts, is deemed to be more creditworthy than any British business).

But for a government and for a chancellor who have made it a badge of honour to bring transparency and prudence to public-sector finances, prospective GDP growth does look a slightly rum discount rate for valuing those enormous pension liabilities.

SONOMA, Calif. – The men and women who pull racing helmets over their heads are a different breed, defying speed and danger mortals cannot imagine.

Indiana University will move to remote teaching after its scheduled spring break over concerns about the spread of the coronavirus.

Most Marion County public schools will close Friday and all public schools in the county will close by Monday.

Schools across the state are suspending in-person instruction, canceling travel and asking students to stay away.

The school district provided free grab-and-go breakfasts and lunches for students Monday. It will do it again next Monday (March 23).

Gov. Eric Holcomb announced new steps to combat the spread of the coronavirus Thursday, including the prolonged closure of schools.

Gov. Eric Holcomb announced that all Indiana schools are closed until May 1, possibly beyond that.

Colleges across Indiana are navigating how to handle refunds for students who have had to vacate residence halls during the COVID-19 pandemic.

The April Fools' prank is being shared in Indiana and other states across the nation.

At Indiana University, the invincibility of youth and the freedom of college life are shattered by a school year cut short.

While learning loss is a concern, ESL teachers are finding ways to stay connected, even if that means doing more in students' native languages.

Join IndyStar and #ThankATeacher during Teacher Appreciation Week. These are some educators that are making the best of a bad situation.

As colleges look to the fall semester, they're faced with the uncertainty of what it will look like. But plans are underway.

Infectologista da organização explica que células mortas expelidas do pulmão fazem exames darem positivo mais de uma vez — mas não necessariamente quer dizer que a pessoa voltou a ficar infectada pelo coronavírus.

Especialistas apontam que propagação de vírus pode ter começado antes de 25 de fevereiro, quando primeiro paciente foi diagnosticado com a covid-19.

Gestores já consideram confinamento obrigatório em algumas regiões do país em que sistemas de saúde chegaram a estado de calamidade; segundo especialistas, Brasil ia bem, mas houve erros.

Casais com problemas de fertilidade que estavam passando por processo de fertilização in vitro no Brasil temem perder chance de ter filhos por causa da pandemia.

BBC preparou lista de perguntas e respostas sobre covid-19.

Batizada de covid-19, a doença é uma infecção respiratória que começa com sintomas como febre e tosse seca e, ao fim de uma semana, pode provocar falta de ar. Cerca de 80% dos casos são leves, e 5%, graves.

Como política de Trump amplia espaço para China conquistar influência.

Purdue, along with Notre Dame, Gonzaga, Louisville and Kentucky are recruiting Dickinson. Duke is also in the mix but has yet to offer Dickinson.

We had more than 43,000 votes cast in the first round, and we asked you for submissions on who you'd add to each advancing school's all-time roster.

We had more than 43,000 votes cast in the first round, and we asked you for submissions on who you'd add to each advancing school's all-time roster.

We had more than 43,000 votes cast in the first round, and we asked you for submissions on who you'd add to each advancing school's all-time roster.

Charles Johnson and his wife, Kay, rarely missed a boys or girls basketball game or football game at Warren Central. He died of the coronavirus.

We had more than 43,000 votes cast in the first round, and we asked you for submissions on who you'd add to each advancing school's all-time roster.

There are 124 teams signed up for the Charlie Hughes Shootout, but the June 30 mandate of schools being closed throws the event in doubt.

IndyStar reached out to every candidate to ask questions about topics Hoosiers care about. Here's what the Republicans on the ballot said.

Gov. Eric Holcomb says the Indiana primary election will be moved from May 5 to June 2.

Beth Henderson on the "Good Morning Grant County" radio show said U.S. Rep. Susan Brooks encouraged her to run for Indiana's 5th District.

The Indiana Election Commission on Wednesday ratified several changes that Gov. Eric Holcomb recommended at a news conference last week.

Gov. Eric Holcomb will have tough spending decisions as tax revenues decline amid COVID-19 pandemic.

James "Jim" Cummings Jr., who was the last living founder of Indiana Black Expo., died late Thursday at age 90 of a heart attack.

Mike Pence will visit Kokomo Thursday to highlight the administration's response to the novel coronavirus pandemic.