MORRIS: D.C. crowd making economic matters worse
I’m struggling with moving on from recent events, after losing about 15 percent of value in my equity investments in 11 business days. I’m angry. I’m really angry.
I’m struggling with moving on from recent events, after losing about 15 percent of value in my equity investments in 11 business days. I’m angry. I’m really angry.
There are many reasons to believe the second half of the year will bring a faster-growing economy.
The number of people seeking unemployment benefits fell last week below 400,000 for the first time in four months, a sign that the job market may be improving again slowly after a recent slump.
Stock prices of the dozen largest public companies in the Indianapolis area all tumbled Monday morning as a Standard & Poor’s downgrade of U.S. debt spooked investors worldwide.
Stocks rebounded Friday on a report that the U.S. added more jobs than expected during July, but quickly retreated.
Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent, an optimistic sign after the worst day on Wall Street in nearly three years.
The economy expanded at a meager 1.3-percent annual rate in the spring after scarcely growing at all in the first three months of the year, the Commerce Department said Friday. The combined growth for the first six months of the year was the weakest since the recession ended two years ago.
The number of people applying for unemployment benefits fell last week to the lowest level in seven weeks, although applications remain elevated.
The Indianapolis Star on Tuesday laid off 62 employees including more than 15 percent of its newsroom staff in the latest round of cost-cutting by Gannett Co. Inc., the newspaper's parent company.
Indiana’s unemployment rate remained unchanged in May from the previous month. Because the rate has been at or below 8.5 percent for three consecutive months, the state is no longer eligible for a portion of extended unemployment benefits.
Poverty in America is overwhelmingly caused by two things: failing to graduate from high school and single parenting.
An economic recovery blowing against their backs propelled some Indianapolis-area companies to scorching growth.
Fewer than half generated revenue increases.
Corporations staged advances across a variety of industries in 2010 as the economy improved.
Despite enjoying rising revenues and profits, companies haven’t followed with big increases in job numbers.
Consumers are spending cautiously in the face of still-high gasoline and grocery-store prices, slowing economic growth. But some relief could be on the way.
The predictions of the economists reflect the jitteriness of a public that is still recovering from the financial crisis and now getting squeezed by rising prices for gas, groceries and other household items.
The Indiana Chamber of Commerce, which has overseen the Economic Club of Indiana for the last three and a half years, will end its relationship with the group after May's luncheon.
People talk about China’s continued economic growth almost as if it is a foregone conclusion, but not all economists are so sure.
With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.