FILE - This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. U.S. stocks are opening lower Wednesday, Aug. 20, 2014, after two straight days of gains. (AP Photo/Richard Drew, File)
NEW YORK | The stock market rose for a third straight day Wednesday despite a report from the Federal Reserve that showed a growing chorus of central bank officials willing to raise interest rates sooner rather than later.
Federal Reserve Chair Janet Yellen speaks during a news conference at the Federal Reserve in Washington. Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. (AP Photo/Susan Walsh, File)
WASHINGTON | Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks. Yellen has so far carried on his app…
Indiana appropriated Chicago's longtime The City that Works slogan for its A State that Works campaign, and now is going after Windy City businesses as well.
If you're worried about footing the bill for eliminating the personal property tax for businesses, your misery has company.
WASHINGTON | The Federal Reserve's super-low interest-rate policies have inflated a slew of dangerous asset bubbles. Or so critics say.
In trying to make Indiana more business-friendly, Gov. Mike Pence said he would like to eliminate the personal property tax. It's a costly endeavor.
What could be more important than economic development for Northwest Indiana? Sustainable economic development, that’s what! And there is a big difference between the two.
As the standoff in Washington inches closer to default, it's up to citizens to put pressure on the House and Senate to finally compromise from their rigid positions. The nation must not fail to pay its bills.
The budgeting process continues in Lake County, and the Lake County Council is in a unique position this year to go beyond what is expected and pass a budget that includes no further borrowing.
If you're an employer running a retail business and discover one of your cashiers mishandling the house take, you at least consider firing the employee, don't you?
WASHINGTON | U.S. employers are sending a message of confidence in the economy — hiring more workers, raising pay and making the job market appear strong enough for the Federal Reserve to slow its bond purchases as early as September.
By now, most of us are aware Lake County leaders voted to siphon a 1.5 percent tax off residents' paychecks. County and municipal government officials largely are celebrating the $18 million windfall this new tax -- and the thawing of a local property tax freeze by the state -- will provide …
WASHINGTON | The Federal Reserve unleashed a series of bold and open-ended steps Thursday designed to stimulate the economy by boosting the stock market and making it cheaper for people to borrow and spend.
WASHINGTON | Below is the statement the Fed released Thursday after its policy meeting:
Americans spent more on cars and trucks, and companies restocked their shelves at the strongest pace in nearly two years, helping the U.S. economy reach its fastest growth rate of last year.
Stock futures fell early Monday amid reports that a key congressional committee will fail to reach an agreement this week on how to cut the U.S. government's budget deficit.
Like the sequel of a blockbuster horror movie, the debt ceiling may strike again: A gridlocked bipartisan congressional committee must find a way to agree on a deficit reduction plan by Nov. 23rd.
INDIANAPOLIS | Republican Mitt Romney will visit Schererville later this month to attend a fundraiser in support of his presidential campaign.
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