Rising pump prices rattle drivers, businesses
High fuel prices are forcing tough choices on small-business owners who are loathe to charge more for fear of losing cost-conscious customers.
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Tax cut lifts incomes, but spending barely rises
Consumers increased spending 0.2 percent in January, the smallest gain since June, the Commerce Department reported Monday. Personal incomes jumped 1 percent, reflecting the 2 percentage point reduction from the Social Security tax cut.
Congress takes up major change in patent law
Congress has been trying for well over a decade to rewrite patent law, only to be thwarted by the many interested parties.
Ballard encouraged by NFL labor negotiations
He believes NFL owners and players are making progress on a new collective bargaining agreement and that next year's Super Bowl will still be played at Lucas Oil Stadium.
Purdue to help businesses, towns participate in global economy
China is the first country chosen for the initiative, which is aimed at generating trade and investment opportunities for Indiana companies and communities.
Indy-based cooperative strikes oil at Terre Haute well
Indianapolis-based oil cooperative says it has made a "significant" oil find at a well site in western Indiana on property owned by the Hulman family.
Indiana overpays localities $610M over 3 years
State budget officials are seeking to recoup much of nearly $610 million overpaid to local governments in fiscal years 2009, 2010 and 2011 due to income tax revenue estimates thrown off by the lingering recession.
Daniels signs jobless-fund bill that unions fought
Indiana Gov. Mitch Daniels signed into law Thursday a plan aimed at fixing Indiana’s debt-ridden unemployment fund that labor unions had opposed because it will reduce jobless benefits for some people while softening business tax increases.
Indiana lawmakers urge NFL, players to reach deal
Lawmakers from Indiana, home of next season's Super Bowl, are urging the NFL and players union to avoid a work stoppage that would have a "devastating impact" on the state's economy.
Indiana House adjourns amid GOP, Dems stalemate
Indiana House Minority Leader Patrick Bauer says he's not sure whether boycotting Democrats will return to the Statehouse on Monday.
Indiana official out of job after ‘live ammo’ tweet
An Indiana deputy attorney general "is no longer employed" by the state after Mother Jones magazine reported he tweeted that police should use live ammunition against Wisconsin labor protesters, the attorney general's office said Wednesday.
Daniels: We will not be bullied out of GOP agenda
Indiana Gov. Mitch Daniels says Republicans will not be "bullied or blackmailed" out of pursuing their agenda despite a boycott from House Democrats over contentious labor and education proposals.
WellPoint board declares 25-cent dividend
WellPoint Inc. became the latest health insurer to reward shareholders with a quarterly payout after piling up cash from a string of strong financial performances.
Indiana Senate OKs contentious immigration bill
The Republican-ruled Senate voted 31-18 Tuesday for the bill, which contains penalties for businesses that hire illegal immigrants and allows police officers to ask someone for proof of immigration status if they have a reasonable suspicion the person is in the country illegally.
Democratic lawmakers leave Indiana, block labor bill
Indiana House Democrats took a page from the playbook of their counterparts in Wisconsin on Tuesday, refusing to show up and at least temporarily blocking a Republican-backed labor bill.
General Assembly approves fix for bankrupt jobless fund
The Indiana Senate has given final legislative approval to a bill to fix the state's bankrupt unemployment insurance fund. The measure now moves to Republican Gov. Mitch Daniels for his signature.
Senate OKs parts of Daniels’ education agenda
The Republican-led Indiana Senate approved several key pieces of GOP Gov. Mitch Daniels' aggressive education agenda Tuesday, including a bill to limit teachers' collective bargaining rights and a bill linking teacher pay to student performance.
State treasurer to challenge Lugar in 2012 primary
Indiana state Treasurer Richard Mourdock said Tuesday he will challenge longtime U.S. Sen. Richard Lugar in next year's Republican primary.
Democrats delay state House action amid union protests
Democratic legislators are staying away from the Indiana House chamber, blocking the Republican majority from conducting business while hundreds of union members crowd the adjourning hallways in protest of a contentious labor bill.
Consumer confidence hits 3-year high this month
The Consumer Confidence Index rose in February to its highest point in three years as consumers are feeling more positive about their income prospects and the direction the economy is headed.