Unemployment data paints worrisome picture
The most recent data on the U.S. economy continues to be worrying, but a little context remains helpful.
Economy
Articles
Obama and executive salary caps
All things considered, there shouldnâ??t be a fuss about President Obamaâ??s plan to cap salaries of executives
in companies that receive federal bailouts.
Thatâ??s the take of Dan Dalton, an Indiana University specialist on corporate governance.
Dalton points out that…
Foreign-born entrepreneurs
Midwestern cities donâ??t attract a lot of immigrants, and Indianapolis is no exception.
The weather is uncomfortable and the region has a reputation for close-mindedness â?? not the kind of place
where newcomers want to sink roots.
A recent blog…
In hard times, is big-time sports willing to budge?
Even as the economy spirals downward, no one gives a thought to bringing some kind of fiscal sanity to the overall enterprise of sports.
State needs more unemployment analysis, stats
How are the economic development professionals in each Indiana county supposed to do their jobs when they don’t get quality statistics like those provided to professional sports managers and coaches?
Airport hotel in limbo
The recession, coupled with personnel shifts, have grounded the more than $50-million hotel project adjacent to the new terminal.
Latest jobs numbers may change state’s priorities
Jobs themselves may become “Job One” for our elected officials.
Stakes huge for Indiana as feds weigh stimulus
A new report by one of the nation’s leading economists finds that getting the stimulus package through Congress—
and fast—
has huge implications for Hoosiers.
Grant-makers, stung by market crash, favor safety-net causes, discourage new applicants
Some major foundations in central Indiana are narrowing grantmaking criteria so they can funnel their reduced asset streams
toward pressing needs brought on by the recession.
Lyon takes Finish Line helm as shoppers cut spending
Glenn S. Lyon, the new head at The Finish Line Inc., has plenty to tackle. Traffic is down at Finish Line stores, sales have slowed and competitors are slashing prices.
Buy-and-hold a bad tactic in these market conditions
If world leaders don’t quickly demonstrate the courage to stop printing money, the long term is shot. And since that courage
isn’t likely to surface anytime soon, investors should rethink traditional strategies now.
Don’t get buried by negative news
When our economy is
challenged, American resilience and resourcefulness have heretofore always saved the day. I have good reason to believe those
traits will save the day once again.
Proposed fiscal stimulus package has high costs
Expeditious and clever spending on roads, infrastructure and, in the half-dozen states where it is possible, a tax cut will determine the success of the stimulus plan.
Let’s strive to keep companies here
Don’t lose sight of viable businesses in your own backyard.
Daniels’ budget axing priorities?
Gov. Mitch Daniels said yesterday he wants to spare schools and public safety from the scalpel as he looks
to prepare an honestly balanced budget during a time of declining tax revenue.
But Democrats accuse the Republican of crimping…
College-affordability debate focusing on wrong issues
College affordability has gained a lot of attention over the past few years, but I am not sure that the simple focus on costs
is the right way to think about the
problem.
Tough budget choices for state
Gov. Mitch Daniels has ordered a string of budget cuts as the recession hammers tax revenue, and the upcoming
General Assembly promises to generate squabbles over what little money is left to spend.
If you were governor, what would…
Recession, lockdown of credit hammers businesses of all sizes
Stock markets fell, jobs disappeared, and the outlook for the economy seemed to grow grimmer by the week in 2008. Banks, real estate developers, retailers and manufacturers took some of the worst hits, but all types of businesses in central
Indiana felt the pain.
Stock markets weather historic plunge
Unless markets surge in the final days of the year, 2008 will go down as the worst year for stocks since the Great Depression.
Davis Homes folds, other builders struggle
Davis Homes, one of the state’s largest home builders, fell victim to the tough housing market, ceasing operations July 23.