Average 30-year mortgage rate climbs to 4.48 percent
Rates are sharply higher than they were a year ago when the 30-year fixed rate was 3.35 percent and the 15-year was 2.65 percent.
Associated Press
Articles
Flexsteel settles Elkhart contamination suit for $6.25M
The Iowa-based furniture maker was accused of polluting the water wells of nine homes in the northern Indiana community.
Judge rejects appeal from former state elections chief
The court had little patience for Charlie White's arguments that his attorney—former Marion County Prosecutor Carl Brizzi—fumbled his defense at trial.
9-year-old Kokomo girl raises funds for storm victim
Kyndal Mellady decided to make bracelets and sell them for $1 apiece, allowing her to raise hundreds of dollars for a woman she didn’t even know.
Pence wants tax credit for adoptive parents
Under the proposal, taxpayers benefiting from the federal adoption credit would be able to claim an additional credit on their state return.
Postal service to boost cost of snail mail in January
Mailing a letter is about to get a little more expensive—from 46 to 49 cents per stamp. And for businesses, rates for bulk mail, periodicals and package service will rise 6 percent.
Pence, other guvs urge progress on trade agreements
Pence says international trade is vital to Indiana’s economic growth and fiscal prosperity. In 2012, Indiana exported $34.4 billion to countries around the world.
Holiday sales at stores down for third consecutive week
Compared with last December, shoppers are more choosy this year and holding back on spending at brick-and-mortar locations. But even online sales are running below their expected growth rate.
Obama names IU law prof to environmental panel
Eric Dannenmaier of the Indiana University Robert McKinney School of Law in Indianapolis will join a federal committee that promotes enforcement of evironmental laws.
U.S. credit card info is easy pickings for hackers
Incidences like the recent data theft affecting 40 million Target customers could become more common as retailers, banks and credit card companies argue over who should pay for security upgrades.
Salvation Army kettles slow to fill in central Indiana
Officials blame the lackluster response on fewer people carrying cash they can drop into the buckets manned by the charity’s bell ringers.
Declining tax collections eat away at state’s fiscal footing
Indiana’s fiscal picture is looking good with about $2 billion in cash reserves and a strong credit rating, but the next few years could leave the state in a fiscal pinch.
Ball State starting search for new president
Ball State University's trustees have hired an executive search firm for $150,000 to help them find a replacement for outgoing school President Jo Ann Gora.
Fury and frustration over Target data breach
Potential victims of credit card fraud tied to Target's security breach said they had trouble contacting the discounter through its website and call centers.
How Fed’s pullback of stimulus could affect you
The Federal Reserve's move Wednesday to slow its stimulus will ripple through the global economy. But exactly how it will affect people and businesses depends on who you are.
Holiday shopping season: A disappointment so far
Sparse crowds at malls and "50 percent off" signs at The Gap and other stores offer clues as to how this holiday season is shaping up so far: It's the most discount-driven one since the U.S. was in a deep recession.
Bipartisan budget agreement clears Congress
Congress sent President Barack Obama legislation Wednesday scaling back across-the-board cuts on programs ranging from the Pentagon to the national park system.
Ex-agency chief faces state forgery, theft charges
Marsha Thompson of Indianapolis, the former executive director of the Indiana Association for Child Care Resource and Referral, was arrested on charges filed by Marion County’s prosecutor.
Markets close at record highs after Fed’s tapering decision
U.S. stocks rose, sending benchmark indexes to all-time highs Wednesday, after the Federal Reserve said it will reduce the pace of its monthly bond purchases and expressed confidence in the labor market recovery.
Indiana history group to auction valuable Audubon collections
The Indiana Historical Society says it plans to auction complete sets of valuable works by John James Audubon in April to raise money to benefit its mission. The sets are expected to raise millions of dollars.