Federal Reserve System
A South Bend-based bank with a big retail presence in Porter County plans to extend loans to federal employees who have been furloughed and businesses that are not getting paid during the government shutdown.
"The worst financial crisis since the Great Depression," has become standard shorthand for the global financial crash and resulting severe recession. September marks the beginning of fall, and also the anniversary of the 2008 benchmark bankruptcy of investment house Lehman Brothers.
Economics is not an experimental science. We can't say to Congress, "Honorable ladies and gentlemen, please drastically raise taxes and cut spending all at once so we can measure the effects on the economy of changes in the federal government's budget." This is not what elected officials do.
The Federal Reserve Bank of Chicago is studying Gary and nine other "Rust Belt" cities to better understand the challenges and opportunities they face in reshaping their economies.
HAMMOND | Federal Reserve Bank of Chicago President and CEO Charles Evans will deliver the keynote address Sept. 26 at the eighth annual Lakeshore Chamber of Commerce Business Expo.
INDIANAPOLIS | Libertarian Andrew Horning will work to eliminate the Federal Reserve System if Hoosiers elect him to the U.S. Senate.
“Greed … is good,” declared corrupt out of control investment banker Gordon Gekko in the hit film “Wall Street.” However, The Bible, Shakespeare and other influential sources argue to the contrary.
GARY | Region bankers, educators and community group leaders are preparing to host a weeklong series of financial education seminars in connection with Money Smart Week.
The One Region, One Vision initiative of The Times of Northwest Indiana and the Quality of Life Council has taken hold in our community. A remarkable event occurred last month as more than 600 business, labor, academic and community leaders gathered to formulate the way forward for Northwest…
If the United States were a functioning, representative democracy, the debate over the deficit crisis would not be limited to the Republican and Democratic parties' support of continued corporate dominance over the American people.
Congress passed financial overhaul legislation last year that brought much needed reforms to America's financial system. The new law provides more financial safeguards, although consumers are learning that an unintended consequence of the reforms will be harmful to their pocketbooks.
It took a recession to happen, but educator John Gibson is pleased that more Americans of all ages are focused on financial education.
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