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Interest Rate

Gov't employee retirements not tied to annuity change

INDIANAPOLIS | Indiana is seeing a retirement surge among state and local government employees and teachers this year, but it appears a state-ordered change to an optional retirement benefit isn't what's driving workers to end their careers.

August 26, 2014 6:00 pm

Annuity changes could have been worse

INDIANAPOLIS | The annuity options for retiring public employees, including teachers, may have been much worse if it wasn't for the intervention of a small group of Hoosier lawmakers, including state Sen. Karen Tallian, D-Ogden Dunes.

August 03, 2014 12:00 am

Lots left to do with little time remaining in legislative session

INDIANAPOLIS | The Republican-controlled Indiana General Assembly is likely to wrap up its work this week a day or two ahead of Friday's mandatory adjournment deadline.

March 09, 2014 1:00 am

Pension officials ignore legislative opposition to annuity privatization plan

INDIANAPOLIS | State pension officials refused Friday to back off their plan to privatize annuity payments for retired state and local government employees, despite a strong legislative recommendation that they reconsider.

October 25, 2013 10:35 am
Gary airport board wants to borrow nearly twice as much

Gary airport board wants to borrow nearly twice as much

Costs are mounting for the Gary/Chicago International Airport's expansion and initiative to lure private investors.

June 24, 2013 1:56 pm

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
LARRY DeBOER: Looking over the fiscal cliff

LARRY DeBOER: Looking over the fiscal cliff

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.

November 24, 2012 12:00 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
What to know as fixed-loan rates start to tick upward again

What to know as fixed-loan rates start to tick upward again

Mortgage interest rates played an enticing game of "how low can you go" limbo late last year, with fixed-rate 30-year mortgages averaging a historic low of 4.17 percent the week of November 11. But they've since crept up, recently eclipsing 5 percent, according to the most recent weekly nati…

February 26, 2011 12:00 am

Fed cuts key interest rate

WASHINGTON | The Federal Reserve cut a key interest rate for the first time in four years, seeking with an aggressive half-point move to prevent a steep housing slump and turbulent financial markets from triggering a recession.

September 18, 2007 12:00 am
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