LANSING | A south suburban staple is closing after three decades.
Indiana has started to see a resurgence in foreign investment, although it's still not back up to pre-recession levels, a study found.
LONDON | Mention it quietly, but there were rare hopeful signs for Europe's struggling economy on Friday.
Although local union leader Jim Robinson said the economy "seems" to be getting better, there isn't a large share of job growth occurring in Northwest Indiana, especially within the manufacturing sector.
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.
Jim Robinson said the employment growth in the nation – albeit slow – is a good sign for all workers.
Keith Taylor, 56, knew it was time for a career change when his position as an office supply salesman fell into jeopardy.
Offering perspective on today's issues
A simple reminder, despite what you've heard from politicians and/or the media, gas prices are still way too high. There's still a recession.
The state's falling unemployment hasn't shifted the labor movement's attention away from the issues working class people face, said area union leader Jim Robinson.
President Barack Obama took some credit for slowing the recession we were in but not out of yet.
Local union leader Jim Robinson said globalization has eaten away at American manufacturing employment so that only the most productive facilities remain in existence.
We need to drill more American oil. Well, guess what we are now a major exporter of gas and diesel fuel. Have prices dropped? Of course not.
SPRINGFIELD | Despite a significant drop in federal aid to Illinois, state revenues are up by more than $1.1 billion through the first half of the fiscal year.
FRANKFURT, Germany | After a turbulent 2011, the 17 countries that use the euro will be quickly confronted in the new year with major hurdles to solving their government debt crisis, just as the eurozone economy is expected to sink back into recession.
Economics is called the dismal science, and the many economic analyses and forecasts for Northwest Indiana in recent weeks show why.
Local union official Jim Robinson said he's a bit more optimistic about the economy now than he was a year ago, but the labor picture still has cracks that have to be resolved.
The economy is showing signs of modest improvement - not enough to reduce high unemployment but enough to ease fears another recession might be near.
NEW YORK | It was a stomach-churning summer most investors would like to forget.
WASHINGTON | The economy is showing signs of modest improvement — not enough to reduce high unemployment but enough to ease fears another recession might be near.
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