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Mixed news on the home sales front

Mary McDermott — Thu, 19 Nov 2009 02:44:11 GMT

There's mixed news on the home sales front. Existing home sales are showing promise, at least locally. But the most recent numbers show new home construction is down.

1st time homebuyer credit deadline near

Rick Dawson — Mon, 19 Oct 2009 02:16:52 GMT

If you're a first time home buyer, the downturn in the economy has an upside for you.

Income tax rates for counties released

Sun, 04 Oct 2009 00:01:24 GMT

The Indiana Department of Revenue has released the new income tax rates for all 92 Indiana counties.

Irwin Bank shutdown shocks Columbus

Ruthanne Gordon — Sun, 20 Sep 2009 00:27:05 GMT

There are big changes in Columbus; Irwin Union Bank is now First Financial Bank. Federal Regulators spent the day in the city explaining the transition to customers.

Ind. unemployment at 9.9% in August

Jim Shella — Fri, 18 Sep 2009 14:08:22 GMT

Statewide the rate dropped 7-tenths of a percentage point from 10-point-6 percent in July to 9-point-9 percent in August. It's the largest drop in the country.

Schrenker faces more trouble at home

Mon, 24 Aug 2009 02:02:26 GMT

Authorities say the troubled Indiana money manager who tried to fake his own death in a plane crash to avoid financial ruin had built his investment businesses on the backs of people he knew; acquaintances, a friend of 10 years and even his own aunt.

State Fair draws record crowd

Daniel Miller — Mon, 24 Aug 2009 00:52:59 GMT

The 2009 Indiana State Fair has come to a close.The 17-day event concluded with a record crowd of more than 965,000 attendees. The fair's previous total attendance record happened in 2004 when 900,365 people passed through the gates.

Cash for Clunkers hitting the brakes

Rick Dawson — Sun, 23 Aug 2009 02:50:28 GMT

Cash for Clunkers is fading fast. The program officially ends Monday, but a lot of car dealers were finishing early. Deals like these won't last forever, so car dealerships were crawling with car buyers Saturday.

Mayor to unveil 2010 budget proposal

Mon, 10 Aug 2009 01:32:58 GMT

Indianapolis Mayor Greg Ballard will unveil his 2010 budget proposal this week. City officials say the $1.2 billion spending plan is balancet, it closes at $40 million gap.

Carmel eateries hit it big during Open

Gene Rodriguez — Mon, 03 Aug 2009 01:46:47 GMT

Fred Funk may have taken the top prize at the US Senior Open this weekend but it was the businesses near Crooked Stick Golf Club in Carmel that cashed in on the crowds.

Cash for Clunkers may end early

Eric Halvorson — Thu, 30 Jul 2009 02:42:28 GMT

The 'Cash For Clunkers' program has been in effect for only a few days and has distributed millions of dollars already. The fund started with a billion dollars to get old, gas hogs off the road.

Police consider money for new officers

Eric Halvorson — Wed, 29 Jul 2009 03:22:13 GMT

It could be raining money at police departments across the country. The federal government has money for cities to hire more officers. But there's a catch, and that has some communities caught in a quandary.

Hotel industry facing an economic slump

Daniel Miller — Tue, 28 Jul 2009 03:22:06 GMT

The price could be right if you're looking for a hotel room downtown. That's because the rooms are not filling up. Hotel officials say compared to other Midwest cities, Indianapolis is good. They credit local events in the Circle City keeping hotels here afloat.

Economy may have kept race fans home

Jennifer McGilvray — Mon, 27 Jul 2009 02:39:03 GMT

Smaller crowds greeted race drivers at this year's Allstate 400 at the Brickyard. Not as many people made a pit stop at this years race. Some people said economy kept race fans home.

Local library feels the economic pinch

Mike Corbin — Sun, 26 Jul 2009 03:22:44 GMT

Since last fall, we've been reporting how the economy has been affecting almost every segment of society, that now includes public libraries. Case in point the Greenwood Public Library.

Fans flock to see cars at the track

Jennifer McGilvray — Sun, 26 Jul 2009 03:22:05 GMT

Race fans have been busy gearing up for the Allstate 400 at the Brickyard. This year they had the opportunity to check out the driver's race cars on the track and see out what's available for regular drivers at a Chevrolet event.

Opinions split over minimum wage hike

David Barras — Wed, 22 Jul 2009 23:08:53 GMT

Thousands of Hoosiers will get a raise Friday when the minimum wage goes up. However there's concern the increase might add to the state’s already high 10.7% unemployment rate.

IU could raise tuition more than 4%

Mon, 06 Jul 2009 18:09:08 GMT

IU President Michael McRobbie is recommending in-state tuition hikes of 4.6 percent this year and 4.8 percent next year at the Bloomington and Indianapolis campuses.

Travel bargains heat up this summer

Liza Danver — Thu, 02 Jul 2009 01:53:14 GMT

If you're still deciding whether to take the family on vacation this summer travel experts say now is the best time to buy. Analysts say air fares for this summer are as much as 63 percent lower than last summer.

Free home ownership advice for Hoosiers

Scott Sander — Wed, 01 Jul 2009 03:31:33 GMT

Families facing foreclosure got a chance to get free advice that may help them hold on to their homes. 24-Hour News 8 sat down with the Indiana Attorney General to talk about a phone-a-thon hosted by the AG's office and the Indiana Foreclosure Prevention Network.

South Side family fun center to open

Daniel Miller — Thu, 25 Jun 2009 03:26:24 GMT

An old grocery store on the city's south side is about to get new life. In about a month a family fun franchise will open up shop in Central Indiana. It's called America's Incredible Pizza Company and it will be moving into an old Kroger store near US 31 and County Line Road.

Community gets a boost $20 at a time

Mary McDermott — Sun, 21 Jun 2009 00:03:10 GMT

The small businesses of Shelbyville got a boost Saturday. It was part of a one-day effort spearheaded by the city's newspaper. The Shelby County community made an effort to battle the poor economy with 20 dollar bills.

Coachman gets tax break to create jobs

Mon, 15 Jun 2009 02:36:45 GMT

A former manufacturer of recreational vehicles could start hiring soon as part of a $3.5 million expansion that it expects to create more than 200 jobs in northern Indiana.

Congressman meets with car dealers

Ruthanne Gordon — Sun, 14 Jun 2009 01:18:02 GMT

Auto dealers are also keeping their eyes on Congress. Two bills have been introduced that would require Chrysler and GM to continue to honor commitments to auto dealers. Congressman Dan Burton is co-sponsoring this bill, he talked with local car dealers Saturday.

High court asked to block Chrysler sale

Mon, 08 Jun 2009 00:22:14 GMT

Three Indiana state pension and construction funds want the Supreme Court to block Chrysler's sale to Fiat so they can pursue an appeal in hopes of getting a better deal.

Local GM dealer gets some good news

Deanna Dewberry — Wed, 03 Jun 2009 03:04:20 GMT

GM sent letters to 6,000 dealers across the country Tuesday. More than 1,300 were given instructions on how to close. The other dealers were told that they would stay open. 24-Hour News 8 was there as one local dealership opened their letter to get some good news.

Maximizing Social Security benefits

Tue, 02 Jun 2009 15:19:23 GMT

Shrinking retirement benefits and savings have forced many retirees back to work. While this may not be what they envisioned for their retirement years, the retirees can reset their Social Security benefits.

Downtown condos looking for renters

Daniel Miller — Tue, 02 Jun 2009 03:31:59 GMT

From Massachusetts Avenue to Pennsylvania Street; any where you look downtown condos are going up. Developers are finding condos downtown are a tough sell so instead of buyers many are looking for renters to fill the space.

Gov. Daniels presents budget proposal

Jim Shella — Mon, 01 Jun 2009 22:05:04 GMT

Governor Mitch Daniels revealed his state budget plans in a live address from the Statehouse Monday evening. Its a budget proposal that will be considered in a Special Session of the General Assembly.

Hoosiers react to rumbles GM bankruptcy

Jennifer McGilvray — Mon, 01 Jun 2009 03:00:17 GMT

After massive restructuring CBS News has confirmed GM will file for bankruptcy protection Monday. The federal government plans to take a 60 percent ownership stake in the company. 24-Hour News 8 spoke with Hoosiers to get their reaction to the news.