Reuters - President Barack Obama is expected to renominate Peter Diamond to become a member of the Federal Reserve Board, a White House official said on Friday.

AP - Europe%27s economy is doing better than expected as the continent%27s government debt crisis eases, the European Central Bank%27s president said Thursday — but he cautioned that growth would remain "relatively modest."

AP - Local governments across Indiana are projected to see big declines in their income tax revenue in the coming year, which will follow budget troubles that many have already seen from statewide property tax caps.