WASHINGTON | Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession.
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.
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.
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.
Gold prices are on the way down after reaching their peak in late 2011.
The number of manufacturing jobs nationally recently surpassed 12 million for the first time since May 2009.
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.
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.
"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.
The news that Indiana is now second in the nation in terms of automotive gross domestic product is reason to cheer.
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.
Indiana added manufacturing jobs for the second straight year, but the region missed out on the gains.
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.
The high load of student debt — almost 1 in 5 adults in the United States owes money on student loans — should concern everyone.
Offering perspective on today's issues
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.
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.
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.
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.
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