Thursday’s business headlines
INDIANAPOLIS (WISH) – Here’s a look at Thursday’s business headlines.
Power grid
Power grids are bracing for yet another weather crisis.
170 million people are under heat advisories this week.
Operators are already taking steps to make sure the lights stay on by asking that maintenance be delayed so that all facilities are running to meet demand for air conditioning.
Student loans
A survey by Intelligent.com shows almost half of Americans who took out student loans 20 or more years ago still carry the debt with them.
In 2020, student loan debt ballooned to its highest level ever after forced lockdowns drove a major recession. Overall, Americans owe an astounding $1.7 trillion.
Gen Z
Americans have lost a record-breaking $4.2 billion to online scams in 2020.
A growing number of those being targeted are members of Generation Z, ages 20 and younger.
Scammers are abusing social media platforms to reach younger users, who are typically more trusting when it comes to sharing personal data online and clicking unknown links.
Amazon
Amazon says it’s invested $15 billion in Indiana since 2010.
That includes infrastructure and compensation to employees.
The e-commerce company has put $15 billion in Indiana over that time and 29,000 full and part-time jobs have been created in the Hoosier state.