U.S. jobless claims fall to lowest level in over 4 years
Unemployment benefit applications are a proxy for layoffs. When they consistently drop below 375,000, it suggests that hiring is strong enough to lower the unemployment rate.
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Lawmakers question Abound loan, citing quality issues
House Republicans want more information about a $400 million loan guarantee from the U.S. Energy Department to Abound Solar Inc., citing reports that significant “technological difficulties” with the company’s solar panels were known before the aid was approved.
HIATT: Political campaign puts private equity in the spotlight
In the current political campaign, private equity, the industry in which I have spent much of my career, finds itself in the spotlight. But in my conversations with other intelligent people, I often find they are curious about what private equity funds do.
Banks eager to loan, but small firms hold back
Indiana banks can tout more success in small-business lending since the recession ended, but the success is hard-won because the masses of entrepreneurs remain cautious about borrowing.
Mourdock, Donnelly spend $615,000 on new campaign ads
The Indiana Senate battle has quickly become the most expensive the state has seen. Spending by the campaigns has topped about $10 million, and outside groups also are pouring in cash.
U.S. unemployment rate falls to 7.8 percent, wages rise
The nation’s jobless rate fell from 8.1 to a 44-month low of 7.8 percent in September, according to government data, as employers added 114,000 jobs. Wages rose over the month, and more people started looking for work.
Dems, GOP launch on-air ad spree for Senate seat
Indiana has quickly become a major battleground in the race for control of the U.S. Senate, with national Republicans and Democrats forking over more cash this week to tea party favorite Richard Mourdock and Democrat Joe Donnelly.
STORY: Health care rationing has already arrived
There will be health care rationing. The only question is who will do the rationing—the government, health care providers, or you and me. The odds are good there will be some rationing from all those sources
BRODY: Accountable care organizations improve health care
As we began looking at accountable care organizations, we clearly understood that this new model complemented our existing approach and had potential to significantly affect care, leading to better communication, better coordination of care, and better outcomes for patients.
U.S. Department of Commerce recognizes Indianapolis exporter
Hoosier Gasket Corp. received the Export Achievement Award for its recent success in Eastern Europe and China.
Tea party hero Mourdock changes tune to woo moderates
Suddenly gone is the strident rhetoric in which Mourdock proclaimed that bipartisanship meant Democrats coming over to Republicans' thinking and that winning meant he would "inflict my opinion on someone else."
Dems increase spending in tight Indiana Senate battle
Democrats eyeing a rare opportunity to pick up a U.S. Senate in a traditionally red state are buying television time in Indiana for the second consecutive week as they fight to maintain control of the chamber.
Gubernatorial, Senate debates planned for next month
John Gregg and Mike Pence will square off in three debates, starting Oct. 10. Candidates for U.S. Senate will debate on Oct. 15 and Oct. 23.
GOP support building behind Mourdock
On Monday at an Indianapolis fundraiser, GOP vice presidential candidate Paul Ryan exhorted Republicans to “please, please, send us Richard Mourdock!” Other prominent party members are lining up behind Mourdock, too.
GOP spending $650K in tight Indiana Senate race
Senate Republicans will jump into Indiana's pitched Senate battle this week, responding to a Democratic ad-buy with one of their own as they seek control of the Senate in November.
Dems to pour $516K into Indiana Senate battle
A party official said Friday the Democratic Senatorial Campaign Committee is financing a new ad for Rep. Joe Donnelly that will run statewide.
FDA drug-review deal may unravel as fiscal cliff looms
A $6.4 billion accord for U.S. drug and medical-device reviews is set to unravel just three months after taking effect as lawmakers squabble over budget cutbacks.
U.S. unemployment rate dips despite weak jobs report
The unemployment rate fell to 8.1 percent from 8.3 percent in July, the Labor Department said Friday. But that was only because more people gave up looking for work. Hourly pay fell, manufacturers cut the most jobs in two years and the number of people in the work force dropped to its lowest level in 31 years.
Commuter subsidies often go unnoticed
In a dark little corner of the tax code known as Section 132(f), the IRS lets employers provide tax-free benefits—typically, payroll deductions and/or subsidies—to employees for commuting costs. That includes vans, buses, bikes, trains, and even parking. And both parties can save, since they’re not getting dinged for their respective taxes on the amount of the benefit.
Romney pitches change for veterans in Indiana speech
Republican presidential candidate Mitt Romney told veterans Wednesday in Indianapolis that he's already started planning how to change veterans' services to help them find jobs during a Romney administration.