Daniels doesn’t expect more budget cuts in 2010
Governor says Indiana likely will have to use all of its financial reserves to get by.
Associated Press
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Indiana on pace for fewest traffic deaths since 1920s
Preliminary figures through Monday show 680 traffic fatalities. That’s the lowest number since the 670 recorded in 1925.
Government moves closer to fresh aid for GMAC
The new infusion would be in the range of another $3 billion, short of the roughly $6 billion the government had earlier thought
GMAC would need to stabilize the company.
Consumer confidence up in December
The rise was fueled by a long-term outlook on jobs that reached its highest level in two years, but the reading of 52.9 is
still far short of the 90 that would signify a solid economy.
Home prices rise nationally for fifth straight month
The recovery continues to be uneven, with only 11 of the 20 metro areas tracked by the index showing gains.
Ex-gas company CEO donates $1M to Community hospitals
The retired president and CEO of the former Indiana Gas Co. has donated $1 million to the philanthropic wing of a central
Indiana hospital network.
Indiana schools will get budgets cut in January
Schools will lose about 3.5 percent of current state funding in 2010, starting with their January payment.
Fire destroys much of historical collection
Bartholomew County Historical Society Director Julie Hughes called the fire a “devastating blow” as the group might have lost
up to 80 percent of its collection.
Senate bill could hurt insurers in short term
The bill imposes hefty new taxes and coverage rules that will pinch insurers such as WellPoint Inc. by forcing them to cover
more sick people without gaining enough healthy, lower-cost customers, industry insiders say.
Shoppers spend a little more during holiday season
Retail sales rose 3.6 percent from Nov. 1 through Dec. 24, compared with a 3.2-percent drop in the year-ago period, according
to figures from MasterCard Advisors’ SpendingPulse.
Indiana population growth hits slowdown
IU’s Indiana Business Research Center said the state’s population growth in 2009 produced the smallest annual increase since
2004.
Indiana lawmakers hopeful about renewable energy bill
Legislation that could bring more wind turbines and solar power projects to the state failed in the last session’s closing
hours.
Estimates show slow population growth for Indiana
New U.S. Census figures show that Indiana’s population growth has slowed significantly—a slowdown Indiana University
researchers blame on the recession.
State lawmakers hopeful about renewable energy bill
Legislation that could bring more wind turbines and solar power projects to Indiana has a good chance of passing in the upcoming
legislative session after failing in the last session’s closing hours, two state lawmakers say.
Even as economy mends, a jobless decade may loom
The decade ahead could be a brutal one for America’s unemployed—and for people with jobs hoping for pay raises.
Sparse shelves greet post-Christmas deal hunters
Shoppers headed to America’s malls Saturday, many with gift cards in hand, hoping to snag after-Christmas discounts. They
were greeted with big markdowns—in some cases topping 75 percent off—but often found limited selection.
Businesses balking at Indianapolis fee proposal
The new year could bring substantially higher fees to businesses that are licensed by the city under a plan to shift the cost
of such licenses to the users.
Jobless claims, goods orders signal modest rebound
A fitful economic recovery is drawing strength from a stabilizing job market and signs that manufacturing will contribute
to the rebound. The evidence signals a better-than-expected end to the year, though doubts remain about growth in 2010.
Congress raises debt ceiling to $12.4 trillion
The Senate voted along party lines Thursday to raise the ceiling on the government debt to $12.4 trillion, a massive increase
over the current limit. Indiana Sen. Evan Bayh was the only Democrat to oppose the move.
Humvee slowdown costs 250 jobs in northern Indiana
AM General Corp. plans to lay off 250 workers from its Humvee plant in Mishawaka, because the U.S. military is buying fewer
of the vehicles.