WASHINGTON – It’s taken years, but the U.S. economy may finally be reaching a sustainable cruising speed.
The number of people applying for U.S. unemployment benefits rose last week after falling to a 14-year low the previous week.
Allen County Council members unanimously agreed Thursday to move forward with a 10-year tax abatement for General Motors Co.

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  • US jobless aid applications fall to 14-year low
    The number of people seeking U.S. unemployment aid dropped to the lowest level in 14 years last week, the latest sign of a strengthening labor market that could help blunt worries about the impact of weak global growth.
  • Obama touts economic gains under his watch
    President Barack Obama laid claim to an economic recovery Thursday that he said has made steady progress even as he blamed Republicans for rejecting steps he argued would help families with little to show for an upturn that has lowered unemployment, beefed up corporate accounts and fueled the stock market.
  • Economists call hiring slip 'fluke'
    WASHINGTON – “Fluke.” “Volatile.” “Statistical blip.” “Subject to revision.” Those were the words that economists turned to as they described Friday's August report on U.S. employment.