Economists increasingly uncertain about U.S. growth this year
Doubts about the economy deepened Friday when the government reported that hiring in May slowed to a near-standstill.
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Consumer spending scores biggest jump in six years
The strong April showing for consumer spending is a good sign that the economy is performing notably better this quarter after nearly stalling out at the start of the year.
Claims for jobless aid reach highest level since early 2015
The number of Americans applying for unemployment benefits rose last week to the highest level since February 2015, more sobering news for the labor market after a disappointing April jobs report.
U.S. employment growth slowest in seventh months
U.S. employers pulled back on hiring in April, adding 160,000 jobs, the fewest in seven months. Weak economic growth may be making some employers more cautious about hiring.
Businesses cut back on stockpiles as sales fall again
U.S. business inventories dropped 0.1 percent in February, matching the decline in January, the Commerce Department reported. Sales fell 0.4 percent in February after an even bigger decline in January.
Finance officials facing a chronically weak global economy
The International Monetary Fund on Tuesday downgraded its outlook for growth for most regions and for the global economy as a whole. It now foresees a weaker financial landscape than it did in January.
Job openings in U.S. ease while hiring picks up
Still-abundant job listings, persistently low firings and steady hiring are the hallmarks of a gradually tightening labor market.
Indiana businesses appear cautious about the economy
The owners of small and medium-size businesses in Indiana are not as enthusiastic about the economy and business outlook as their national counterparts.
Survey: Economists more downbeat about growth this year
Business economists are predicting weaker growth in corporate profits and the economy than they were late last year, a survey found.
U.S. revises fourth quarter GDP numbers upward
The U.S. economy grew in the fourth quarter at a faster pace than previously estimated, supported by stronger household spending.
U.S. employers advertise more jobs, but hiring falls
U.S. employers advertised more open positions in January, yet hiring dropped, painting a mixed picture of the job market.
Why violence, segregation and single parenthood are depressing Indianapolis incomes
Jim Streitelmeier, the pastor of Neighborhood Fellowship, has a specific year when he thinks Indianapolis’ social problems really took off:1973. That’s when Indianapolis Public Schools began busing black students to predominantly white schools in order to, at long last, integrate them. And it’s also the year Indiana passed a no-fault divorce law.
Leaders bedeviled by single-parent families
Policymakers on both the left and right have long felt hamstrung when it comes to addressing the problems that decades of social science research have shown hurt the economic prospects, not only of those in the midst of them, but everyone else in the community.
U.S. adds 242,000 jobs; rate holds at 4.9 percent
U.S. employers added a robust 242,000 workers in February as retailers, restaurants and health care providers drove another solid month for the resilient American job market.
IU Health boosts minimum wage to $11 an hour
Many employees already made more than the state and national minimum of $7.25 per hour, but the hospital system said it wanted to be proactive. Workers who already made $11 to $12.99 an hour were also given a raise.
Economy ends 2015 on better note, starts 2016 with bang
Economic growth in the final three months of 2015 didn’t slow as much as previously estimated, and consumers roared back to life in January, spending at the fastest clip in eight months.
AP Poll: Social Security, joblessness top economic concerns
While Americans of all stripes consistently put the economy at or near the top of their lists of most important issues, they may have very different concerns in mind when they do so.
Carrier plant closing shows vagaries of modern manufacturing
The Indianapolis HVAC plant had taken numerous steps to improve efficiency, but they weren't enough to overcome the labor savings that go with shifting the work to Mexico.
U.S. retail sales move in opposite direction from stocks
A key question for the economy this year is whether consumer spending can keep growing and offset the impacts of stock market volatility and slowing growth overseas.
January jobs report filled with positive economic news
Employers raised pay, more people felt confident enough to look for work, and the unemployment rate dipped to 4.9 percent, its lowest level since 2008.