Stocks tumble after GOP cancels ‘fiscal cliff’ vote
House Speaker John Boehner scrapped a vote on his so-called “Plan B” on Thursday night after it became clear that it did not have enough support in the Republican-led House to secure passage.
House Speaker John Boehner scrapped a vote on his so-called “Plan B” on Thursday night after it became clear that it did not have enough support in the Republican-led House to secure passage.
Colleagues and friends say Lugar’s commitment to foreign policy, which earned him a Nobel Peace Prize nomination, and his belief in bipartisanship, which contributed to his thrashing by Tea Party favorite Richard Mourdock in the May primary, will be sorely missed when he leaves the Senate in January after 36 years.
Middle-income taxpayers could pay thousands more in taxes starting in January. That could cause donations to non-for-profits to drop at a time when the organizations are still struggling to recover from the recession.
Tom Vilsack, former Democratic governor of Iowa, told farm belt leaders this past week that he’s frustrated with their internecine squabbles and says they need to be more strategic in picking their political fights.
Lugar is starting an internship program with the University of Indianapolis that will operate out of Washington, D.C. He has also agreed to deliver a handful of lectures each year as a distinguished professor at the private university.
The Labor Department’s report Friday offered a mixed picture of the economy. Hiring remained steady during November in the face of looming tax increases. But the jobless rate slipped in part because more people stopped looking for work.
Automakers and suppliers are pumping more money into research and development at a time many of their sales departments struggle with a slowing global economy.
Emboldened by rapid growth in e-commerce shipping, the cash-strapped U.S. Postal Service is moving aggressively this holiday season to start a premium service for the Internet shopper seeking the instant gratification of a store purchase: same-day package delivery.
Now that the election is over, it seems clearer that the Patient Protection and Affordable Care Act, or Obamacare, will likely move forward. The question is whether business owners will be able to steer their employees to state exchanges and wash their hands of health care coverage.
Indiana's top lawmakers said Monday they're not sure what to expect from the federal health care law other than greater costs at a time the state's budget is already stretched thin.
Indiana lawmakers can add confusion over the federal health insurance law to their already overflowing plate when they return for their 2013 legislative session in January.
States received an extra month from the Obama administration to decide whether to build online marketplaces for medical insurance after Republican governors pressed their resistance to the president’s health-care law.
Indiana Gov.-elect Mike Pence closed the door on a state-run health insurance exchange Thursday, arguing that the estimated $50 million cost of the state program was not worth the limited autonomy granted in return.
Indiana Gov.-elect Mike Pence has ruled out building a state-run health insurance exchange but appears to be leaving open the option of running a joint venture with the federal government as a critical decision deadline draws near.
The state's delegation to Capitol Hill will be its least experienced in many years, although those new members can bring new energy to Washington, D.C., a former longtime Indiana congressman said.
Joe Donnelly did everything he could to wrap himself in the image of U.S. Sen. Richard Lugar while painting Richard Mourdock as a tea party extremist.
The Dow Jones industrial average plummeted as much as 369 points, or 2.8 percent, in the first two hours of trading. It recovered steadily in the afternoon, but slid into the close and ended down 313, its biggest point drop since this time last year.
A former state leader of the Republican Party and school choice supporter will succeed Mike Pence as Indiana's 6th District representative in Congress.
Susan Brooks' victory over Democratic U.S. Rep. Scott Reske on Tuesday breaks a half-century of Republican male dominance in the state's U.S. congressional delegation.
Mitt Romney brought Indiana back into the Republican fold Tuesday, reclaiming a traditionally GOP state that was usurped by Democrat Barack Obama in 2008 on his way to his first term as president.