Dec 25 Local News Ending Jobs Bank Could Hurt Local Economy When President Bush announced a government loan to General Motors and Chrysler last week, he called for the end of the jobs bank program, which provides benefits and partial wages for laid-off employees. By Gabe Bullard Dec 25 Local News Ending Jobs Bank Could Hurt Local Economy Gabe Bullard
Dec 19 Local News Auto Loan Could Mean End Of Jobs Bank General Motors and Chrysler stand to receive $17.4 billion in federal loans if they can restructure their businesses toward profitability. By Gabe Bullard Dec 19 Local News Auto Loan Could Mean End Of Jobs Bank Gabe Bullard
Dec 18 Local News Bayh Talks Economics In Jeffersonville U.S. Senator Evan Bayh was in southern Indiana Thursday to talk about the economy. By Gabe Bullard Dec 18 Local News Bayh Talks Economics In Jeffersonville Gabe Bullard
Dec 17 State of Affairs What's Your 2008 Word of the Year? I love words, the turn of a perfect phrase, when one word sums up a situation so perfectly there is no need to say anything else. But sometimes I have a love/hate relationship with words, especially when they are over used, misused or just plain wrong. In our time of 24 hour news coverage, a […] By Robin Fisher Dec 17 State of Affairs What's Your 2008 Word of the Year? Robin Fisher
Oct 3 Local News Yarmuth Supports Bailout Package Kentucky Congressman John Yarmuth reluctantly supported the economic recovery package that cleared the Senate this week. By Gabe Bullard Oct 3 Local News Yarmuth Supports Bailout Package Gabe Bullard
Oct 1 Local News Lawmakers Balance Politics With Public Opinion Lawmakers on Capital Hill are juggling the needs of the country with public outcry this week. Legislators have been arguing over the 700-billion dollars in taxpayer money to buy troubled assets that are weakening the country’s financial markets. It is widely unsupported by the general public, but the Bush administration insists it is necessary to […] By Stephanie Crosby Oct 1 Local News Lawmakers Balance Politics With Public Opinion Stephanie Crosby
Sep 30 Local News National City Defends Its Strength A University of Louisville finance professor predicts that Cleveland-based National City Bank may be next for review if Congress doesn’t act quickly on a bailout bill. Professor David Dubofsky says the market doesn’t seem to have much confidence in National City. “If you look at the yields on the bonds that have been issued by […] By Stephanie Crosby Sep 30 Local News National City Defends Its Strength Stephanie Crosby
Sep 25 Local News Yarmuth Says Congress Under Extreme Pressure on Bailout Bill Louisville Congressman John Yarmuth says lawmakers on Capitol Hill aren’t being given enough time to consider the Bush Administration’s 700-billion dollar financial bailout plan. President Bush has asked Congress to act quickly on the plan, but Yarmuth says there isn’t enough time to fully vet such a large bill. He says there isn’t really even […] By Stephanie Crosby Sep 25 Local News Yarmuth Says Congress Under Extreme Pressure on Bailout Bill Stephanie Crosby
Sep 22 Local News Bailout is a Good Idea, says UofL Finance Expert A University of Louisville finance expert says the bailout Congress is considering to boost the country’s financial markets is a good idea, but it will come with a steep cost. Professor David Dubofsky says news of a wide-sweeping government buyout of bad mortgage debt eased tensions in markets worldwide last week. “It was needed because […] By Stephanie Crosby Sep 22 Local News Bailout is a Good Idea, says UofL Finance Expert Stephanie Crosby