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Great Recession

S&P: Wealth gap is slowing US economic growth

WASHINGTON | Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession.

August 05, 2014 3:33 pm
State ends budget year with surplus, despite revenue drop

State ends budget year with surplus, despite revenue drop

INDIANAPOLIS | Indiana took in more money than it spent during the 2014 budget year, even as Republican Gov. Mike Pence's tax cuts dropped total state revenue below the prior year for the first time since the Great Recession.

July 14, 2014 5:30 pm Related
State likely to fall short of annual revenue target

State likely to fall short of annual revenue target

INDIANAPOLIS | May tax revenue exceeded the state's reduced expectations, but Indiana likely still will fall short of its annual revenue target when the 2014 budget year ends June 30.

June 06, 2014 7:15 pm Related
New jobs fail to boost state income tax revenue

New jobs fail to boost state income tax revenue

INDIANAPOLIS | The improving Indiana job market isn't showing up in state income tax receipts, which last month came in nearly 15 percent below April 2013, despite a 2.8 percent drop in the state's unemployment rate over the past year.

May 09, 2014 2:36 pm Related
Gold prices lose some luster since heights of recession

Gold prices lose some luster since heights of recession

Gold prices are on the way down after reaching their peak in late 2011.

February 08, 2014 10:30 pm Photos

Photos

Manufacturing job growth has fallen short of goal

Manufacturing job growth has fallen short of goal

The number of manufacturing jobs nationally recently surpassed 12 million for the first time since May 2009.

January 15, 2014 6:00 am

Budget officials lower Indiana revenue expectations

INDIANAPOLIS | Indiana remains on track to take in more money than it spends over the next 18 months, even after state budget officials on Friday reduced their 2014-15 revenue expectations by $297.7 million.

December 20, 2013 6:15 pm Related

Munster-based Peoples Bank reports higher earnings

MUNSTER | Peoples Bancorp, the holding company of Munster-based Peoples Bank, reported a 10 percent increase in earnings during the first nine months of the year as compared to the same period last year.

October 25, 2013 12:00 am
GUEST COMMENTARY: Great Recession has not been Great Depression

GUEST COMMENTARY: Great Recession has not been Great Depression

"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.

September 21, 2013 12:00 am

EDITORIAL: Keep Indiana's auto industry in overdrive

The news that Indiana is now second in the nation in terms of automotive gross domestic product is reason to cheer.

August 09, 2013 12:00 am
State revenue remains sluggish under Pence

State revenue remains sluggish under Pence

INDIANAPOLIS | Republican Gov. Mike Pence regularly touts Indiana as the state that works, but all that work isn't bringing many bucks into the state's coffers.

August 06, 2013 12:55 pm Related
Indiana gains manufacturing jobs for second straight year

Indiana gains manufacturing jobs for second straight year

Indiana added manufacturing jobs for the second straight year, but the region missed out on the gains.

August 02, 2013 5:30 pm
Consumer spending, international demand starting to return

Consumer spending, international demand starting to return

MERRILLVILLE | Consumers have started to feel confident enough to buy big-ticket items again, including cars and homes, but Northwest Indiana business leaders remain concerned about jobs.

July 20, 2013 3:20 pm Related

EDITORIAL: Student loans shouldn't be school of hard knocks

The high load of student debt — almost 1 in 5 adults in the United States owes money on student loans — should concern everyone.

June 14, 2013 12:00 am
The Daily Fix

The Daily Fix

Offering perspective on today's issues

June 09, 2013 12:00 am
Bayh recounts his front-row seat to financial crisis

Bayh recounts his front-row seat to financial crisis

INDIANAPOLIS | Former U.S. Sen. Evan Bayh, D-Ind., sees the recent financial crisis as a tale of greed, fear, dreams, hopes and panic, calling it a story as old as time and destined to repeat itself absent changes to the incentives that drive American business and government.

April 05, 2013 10:10 am
LARRY DeBOER: This economic recovery isn't like the last Great Recession

LARRY DeBOER: This economic recovery isn't like the last Great Recession

What's wrong with the recovery? It's been almost two years since the end of the Great Recession in July 2009. The recession ended in the sense that the economy stopped declining and started growing. But growth has been very slow.

July 02, 2011 12:00 am

State buying used cars

SPRINGFIELD | Illinois officials aren't exactly trolling the classified ads searching for deals, but the down economy and a woeful budget situation have triggered a surge in used vehicle purchases by the state.

January 29, 2011 12:00 am
Job cuts leave remaining employees with guilt, anxiety

Job cuts leave remaining employees with guilt, anxiety

In July of this year, the government jobs report issued by the U.S. Department of Labor Statistics reported a loss of 7.9 million jobs during the Great Recession.

December 26, 2010 12:00 am
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