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Top News & Analysis Indiana

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  • Pocono return celebrates IndyCar history Monday, 1 Oct 2012 | 3:09 PM ET

    With Pocono officially back on the IndyCar schedule after a 23- year absence, Carpenter wanted to pick up as many tips as possible from someone with experience at "The Tricky Triangle." The return to Pocono is being celebrated as a nod to IndyCar's history and tradition.

  • INDIANAPOLIS, Oct 1- Federal Reserve Chairman Ben Bernanke on Monday delivered a broad defense of the U.S. central bank's controversial bond-buying stimulus plan, saying it is necessary to support a flagging economic recovery.

  • INDIANAPOLIS, Oct 1- Federal Reserve Chairman Ben Bernanke said on Monday the U.S. central bank did not foresee a recession but that growth was too slow to bring down the nation's jobless rate. "Right now we see an economy which is expanding. We see employment... still growing, "Bernanke said."

  • Fed chairman Bernanke making Indianapolis visit Monday, 1 Oct 2012 | 11:09 AM ET

    INDIANAPOLIS-- Federal Reserve Chairman Ben Bernanke is visiting Indianapolis to speak before the Economic Club of Indiana. A crowd of about 2,000 people is expected at Monday's luncheon at the Indiana Convention Center for Bernanke's speech, which is being watched as it comes in the midst of the presidential campaign.

  • Carmike Cinemas buys 16 theaters from Rave Reviews Monday, 1 Oct 2012 | 10:43 AM ET

    COLUMBUS, Ga.-- Carmike Cinemas Inc. said Monday that it has bought 16 theaters for $19 million in cash, part of Carmike's push to expand through acquisitions. The theater chain bought the theaters, which have 251 screens, from Rave Reviews Cinemas LLC, which is owned by investment firm BV Investment Partners.

  • Tredegar buys AACOA for about $50.8 million Monday, 1 Oct 2012 | 10:38 AM ET

    RICHMOND, Va.-- Tredegar, which makes plastic films and aluminum extrusions, said Monday it bought aluminum extrusion maker AACOA Inc. for about $50.8 million. Tredegar said that the acquisition will add fabrication capabilities to the products and services of its subsidiary, The William L. Bonnell Co..

  • *Tredegar stock rises more than 3 percent. Oct 1- Tredegar Corp said on Monday that its subsidiary Bonnell Aluminum has acquired 100- percent ownership of AACOA Inc, a U.S. manufacturer of extruded aluminum for machinery and equipment.

  • Ahead of the Bell: Finish Line Monday, 1 Oct 2012 | 8:04 AM ET

    NEW YORK-- A Sterne Agee analyst on Monday raised his rating for Finish Line Inc. to "Neutral" from "Underperform," citing the athletic footwear company's new deal that will put its athletic footwear shops in more than 450 Macy's stores in the U.S.

  • NEW YORK, Oct 1- Most U.S. Treasuries firmed around the time General Electric Co. The Fed bought Treasuries that mature between November 2020 through August 2022.

  • Bernanke makes strong defense of Fed rate policies Monday, 1 Oct 2012 | 12:30 AM ET

    WASHINGTON-- Chairman Ben Bernanke offered a wide-ranging defense Monday of the Federal Reserve's aggressive policies to stimulate the still-weak economy. The Fed needs to drive down long-term borrowing rates because the economy isn't growing fast enough to reduce high unemployment, Bernanke said in a speech to the Economic Club of Indiana.

  • High court begins new term with human rights case Monday, 1 Oct 2012 | 12:09 AM ET

    WASHINGTON-- The Supreme Court opened its new term Monday with a high-stakes dispute between businesses and human rights groups over accountability for foreign atrocities.

  • According to the most recent annual report from the USDA, it now costs $234,900 to provide a child with 17 years of food, shelter, and other necessities. For 2011, that broke down to an annual cost for two-parent, middle-income families of $12,290 to $14,320 –depending on the child’s age. The USDA has a “Cost of Raising a Child”  on their website, which shows that the category taking up the largest chunk out of parental pockets is housing. The second- largest expense category is childcare. Those

    According to the most recent annual report from the USDA, it now costs $234,900 to provide a child with 17 years of food, shelter, and other necessities. Click to learn more.

  • Cities With the Most Affordable Homes Tuesday, 14 Aug 2012 | 4:58 PM ET
    Home prices are strengthening and affordability of houses is slightly lower, according to new data from the second quarter of 2012. The National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) found that 92 percent of metropolitan areas had a rise in median home prices over the first quarter of 2012. Some homebuyers might not welcome this news, but for the home seller, it’s “another signal that the housing recovery is starting to take root,” said NAHB Chairman Barry Rute

    Check out the major metropolitan housing markets with the most affordable homes for sale, counting down to number one.

  • Dust Bowl 2012: Midwest Suffers Tuesday, 17 Jul 2012 | 1:39 PM ET
    Dust Bowl 2012: Midwest Suffers

    The Weather Channel's Carl Parker reports on the worst drought in years, and the state of agriculture in the Midwest.

  • In this video Indiana Governor Mitch Daniels reveals why he thinks his state is a top state for business. To vote for Indiana tweet your vote to #TopStatesIN.

  • Are We Failing Our Kids? Friday, 22 Jun 2012 | 7:55 PM ET
    Are We Failing Our Kids?

    According to a recent Gallup poll, only 29 percent of Americans say they have a "great deal" or "quite a lot of confidence" in the U.S. education system. Michelle Rhee, StudentsFirst founder and CEO, discusses the quality of public education in the United States, with radio talk show host John Batchelor.

  • Indiana's Lugar in Fight as Voters Decide 4 Primaries Tuesday, 8 May 2012 | 11:08 AM ET
    Senator Richard Lugar

    With Mitt Romney expected to coast to victory in three GOP presidential primaries, Indiana Senator Richard Lugar's re-election fight is the highest-profile contest in four states.

  • Top Cities for Job Growth Friday, 13 Apr 2012 | 11:05 AM ET
    The unemployment rate was lower in February than at the same time last year in 344 of the U.S. Bureau of Labor Statistics’ 372 metropolitan statistical areas, according to an  In other words, the vast majority of U.S. cities jobs continued to add jobs.Using the BLS data, CNBC.com ranked the ten U.S. metropolitan areas that showed the greatest job growth between February 2011 and February 2012. Catherine Varner, economist for BLS Current Employment Statistics State and Area Division, offered her

    CNBC.com ranked the ten places in the U.S. that showed the most job growth between February 2011 and February 2012. Read ahead to see which cities topped our list.

  • Anti-Union Measures Gain Momentum Across Midwest Thursday, 26 Jan 2012 | 10:53 AM ET
    manufacturing_car_2.jpg

    Indiana is the latest Midwestern state where Republicans have pushed though anti-labor legislation even as the efforts have drawn large protests by union backers and spawned recall efforts.

  • Least-Expensive Cities Friday, 13 Jan 2012 | 4:32 PM ET
    Several times a year, the  (C2ER) gathers data from 309 urban areas to rank them in their Cost of Living Index (COLI). The team looks at pricing data covering 60 consumer goods and services that represent a larger cluster of goods and services -- especially within the groceries category, which lists staples like bread, coffee, sugar, ground beef and potatoes. The other categories are housing, utilities, transportation, health care and miscellaneous goods and services. The average cost of these g

    A countdown of the top 10 least-expensive cities, as culled from the latest available version of the COLI from the third quarter of 2011.