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Macroeconomics

BANKING: Interest rates remain low, but are bound to rise

BANKING: Interest rates remain low, but are bound to rise

Interest rates remain low, making it an ideal time for businesses to borrow money to expand or acquire other companies, said Horizon Bank executive vice president David Rose.

May 04, 2014 12:00 am
BANKING: Banks doing well despite decline in refinancing

BANKING: Banks doing well despite decline in refinancing

The banking sector remains strong despite in dip in mortgage activity and a wave of consolidations, a Northwest Indiana banker said.

February 02, 2014 12:00 am
YOUNG VOICES: Let's give trickle-up economics a chance

YOUNG VOICES: Let's give trickle-up economics a chance

The new year has brought minimum wage raises in 13 states to as high as $9.32 an hour. However, the question still remains for the rest of us: Is $7.25 enough to live on?

January 20, 2014 12:00 am
Indiana unemployment plunges to five-year low

Indiana unemployment plunges to five-year low

Indiana's jobless rate plunged to a five-year low of 7.5 percent last month, and dipped to 8.3 percent in the Gary metropolitan area.

November 22, 2013 5:00 pm

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
BANKING: Banks faring better, but consolidating more

BANKING: Banks faring better, but consolidating more

The banking sector has been improving gradually over the last couple years, and should continue to make positive gains, a Northwest Indiana banker said.

October 20, 2013 12:00 am
Economy improving slowly, but shutdown dragged on growth

Economy improving slowly, but shutdown dragged on growth

Members of The Times Board of Economists reported at their October meeting the area economy keeps moving slowly forward and should see a boost because of holiday spending.

October 19, 2013 10:30 pm Related
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
NWI Index shows local economy has been growing slowly

NWI Index shows local economy has been growing slowly

Northwest Indiana's economy picked up for the ninth straight month, but posted only a slight gain in the July NWI Index.

September 07, 2013 12:00 am
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 ADVISORY BOARD: Demand end to D.C. gridlock to speed recovery

Our national elections are seven weeks away, with the economy as one of the key issues in political discussions on the airwaves, in workplaces and around kitchen tables. Not surprisingly, the economy is a question that often gets asked of this community banker. My answer: The economy is impr…

September 16, 2012 12:00 am
THREE YEARS AFTER THE GREAT RECESSION: Manufacturing continuing to boost Indiana economic activity

THREE YEARS AFTER THE GREAT RECESSION: Manufacturing continuing to boost Indiana economic activity

SCHERERVILLE | From his office window, Joel Chermak can get a visual confirmation of what financial statements for the company tell him on a daily basis.

June 24, 2012 12:00 am Photos

Photos

GUEST COMMENTARY: Change monetary policy to solve fiscal problems

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.

July 24, 2011 12:00 am
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