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Fort Wayne News

  • Americans in Poll See Housing Market Boosting Economic Growth

    Americans, by a margin of more than 3 to 1, expect the housing market to improve over the next 12 months, part of a broader brightening in their outlook for the economy, according to a Bloomberg National Poll.

  • U.S. Feb. NAHB/First American Improving Markets Index (Text)

    Following is the text of the Housing Opportunity Index from the National Association of Home Builders. The number of improving housing markets continued to expand for a sixth consecutive month to a total of 259 metropolitan areas on the National Association of Home Builders/First American Improving Markets Index (IMI) for February, released today. This is up from 242 markets listed as improving in January, and includes entrants from all 50 states and the District of the Columbia. The IMI identifies metro areas that have shown improvement from their respective troughs in housing permits, employment and house prices for at least six consecutive months. A total of 20 new metros were added to the list and three were dropped from it this month. Newly added metros include such geographically diverse locations as Rome, Ga.; Fort Wayne, Ind.; Myrtle Beach, S.C.; Albuquerque, N.M.; and Racine, Wis. “The fact that all 50 states now have at least one metro on the improving list shows that the

  • Brady Camp Seeks Place Among Anti-Gun Rivals in NRA Fight

    One year ago, the Brady Campaign to Prevent Gun Violence, one of the oldest gun-control advocacy groups, began reinventing itself with a focus on public education. It hired a new president, a New York advertising executive with no background in politics; ordered up web videos featuring celebrities; and eased out its vice president, who literally wrote the book on American gun policy.

  • GM Cutting Truck Output in Indiana While Adding Shifts at Michigan Plant

    General Motors Co., the biggest U.S. automaker, will extend a temporary shutdown at its full-size truck plant in Indiana and add shifts to a pickup factory in Michigan to improve the balance of inventory on dealer lots.

  • The Worst Commissioner in Professional Sports

    In case you missed the latest news - - the National Hockey League has a hard enough time getting people to pay attention when games are actually being played -- Commissioner Gary Bettman went nuclear last week, filing a lawsuit against his own players.

  • Foreclosures Drawing Cash as 401K Returns Sag: Mortgages

    David and Michelle Haisley from Fort Wayne, Indiana, weren’t happy with the performance of their retirement funds, so they made another investment -- a foreclosed home for $27,000.

  • Nucor Quarterly Profit Guidance Misses Analysts’ Estimates

    Nucor Corp., the largest U.S. steelmaker by market value, forecast fourth-quarter earnings that missed analysts’ estimates after higher imports squeezed margins at its mills.

  • GM Will Idle Michigan, Indiana Plants Next Month to Reduce Truck Supply

    General Motors Co. will idle U.S. truck plants for two weeks in July as the automaker pares inventory of pickups and prepares the factories for output of 2012 model year vehicles.

  • WellPoint Agrees to Pay for 3 Children to Get Heart Gene Test

    WellPoint Inc. said it will pay for DNA testing for three children to see if they have an inherited heart disease their father suffers from that often strikes without warning, reversing an earlier decision to deny coverage.

  • U.S. Faces Day or Two More of Extreme Heat, Severe Weather

    The eastern, central and southern U.S., close to half of the nation, faces another day or two of extreme heat and severe weather that may further disrupt power to homes and businesses, meteorologists said today.

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