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Storm's cost may hit $50B; rebuilding to ease blow
MARTIN CRUTSINGER,AP Economics WritersWASHINGTON (AP) — Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm. In the long run, the devastation the storm...Tags: Business, Lifestyle and Leisure, Kmart, Hurricane Irene (2011), Productivity
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Social Security benefits to go up by 1.7 percent
WASHINGTON (AP) — More than 56 million Social Security recipients will see their monthly payments go up by 1.7 percent next year. The increase, which starts in January, is tied to a measure of inflation released Tuesday. It shows that inflation has...
Tags: Consumers, Washington, DC, Barack Obama, Economy, Business and Finance, Prices
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Holiday sales to rise 4.1 percent
Associated PressNEW YORK – Americans are expected to spend more during what's traditionally the busiest shopping season of the year, but they're not exactly ready to shop 'til they drop like they have been in the past two years. The National Retail Federation, the...Tags: National Retail Federation, Consumers, Lifestyle and Leisure, Kmart, Labor Markets
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Elkhart-Goshen, Columbus among tops for GDP growth
COLUMBUS, Ind. (AP) — Three Indiana cities are among the tops in the nation for growth in the value of goods and services they produce.
The U.S. Department of Commerce reports that the Elkhart-Goshen area saw a 13 percent increase in its Gross...Tags: Cummins Incorporated, U.S. Department of Commerce, Economy, Business and Finance
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'Steady rebound' in Indiana economy, but risks remain
INDIANAPOLIS (AP) — Indiana's economy is showing signs of life as banks increase lending, real estate developers launch projects that have been on hold and consumers buy big-ticket items like cars. But experts and business owners caution the...Tags: Business, Realty, Companies and Corporations, Simon Property Group, Inc., Sales
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Will higher gas prices sidetrack Indiana's RV industry rebound?
Associated PressVolatile gasoline prices could hamper the recreational vehicle industry's attempts to recover from a deep downturn caused by the recession because sales of the big ticket items are so dependent on consumer confidence, industry executives and analysts say....Tags: Morningstar Incorporated, Consumers, Petroleum Industry, Indiana, Consumer Confidence
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Michiana retailers keeping fingers crossed for 2011
Store closings plagued the region in 2008 and 2009, as consumers watched a myriad of chain and locally owned businesses shutter. Spaces large and small went dark, some seemingly overnight, and retail leasing just about ground to a halt.
Then in...Tags: Consumers, Realty, Business, Lifestyle and Leisure, Politics
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Consumer price index jumps on costlier gas
WASHINGTON (AP) — Consumer prices rose last month as the cost of gas increased by the largest amount since June 2009. But outside of energy costs, there was little sign of widespread inflation. The Labor Department says the Consumer Price Index...Tags: Consumers, Consumer Confidence, Market and Exchange, Washington, DC, Economy, Business and Finance
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Yen firms as China PMI sparks flight to debt; Aussie languishes
ReutersTOKYO (Reuters) - The yen gained across the board on Thursday, bouncing sharply off a 4-1/2-year low against the dollar and notching up a two-week high against the euro after a whiplash move in stocks prompted investors to scramble for safety in...Tags: Land Price, New Zealand, Politics, CNBC (tv network), Exports
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PRECIOUS-Gold slips after Bernanke hints at slowing bond purchases
ReutersSINGAPORE, May 23 (Reuters) - Gold fell for a third straight session on Thursday after U.S. Federal Reserve Chairman Ben Bernanke hinted at reducing an $85 billion bond-buying programme that has increased the metal's appeal as a hedge against inflation....Tags: Central Bank, U.S. Congress, Consumer Confidence, Metal and Mineral, Mario Draghi
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NYMEX-Oil falls to around $94 on gasoline stocks, Fed concerns
ReutersPERTH, May 23 (Reuters) - U.S. crude futures prices dropped to around $94 a barrel on Thursday after data showing U.S. gasoline supplies rose and on concerns that the U.S. Federal Reserve may curtail its bond-buying stimulus later this year. FUNDAMENTALS...Tags: Petroleum Industry, Central Bank, Inventories, Federal Reserve, European Central Bank
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METALS-Copper falls from 6-week high as end to U.S. bond buys weighed
ReutersSINGAPORE, May 23 (Reuters) - London copper fell on Thursday from the previous session's six-week peak after signs the U.S. central bank was veering towards tapering its bond-buying scheme, and ahead of a string of global manufacturing sector reports....Tags: Glencore International AG, Iran's Nuclear Program, Central Bank, Federal Reserve, European Central Bank
Oct 30, 2012
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Oct 16, 2012
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Oct 3, 2012
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Oct 1, 2011
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Mar 11, 2012
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Mar 21, 2011
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Jan 2, 2011
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Jan 14, 2011
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May 23, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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