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Wall Street Hits Lows Not Seen In Years
Last Updated: 3:16 PM 11/19/08 -
Wall Street hit levels not seen since 2003, with the Dow Jones industrial average falling below the 8,000 mark, as the fate of Detroit's Big Three automakers and the economy disheartened investors. (Full Story) |
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Stocks Dip After Report On Consumer Prices
Last Updated: 9:22 AM 11/19/08 -
Stocks are moderately lower in early trading as investors, nervous about the fate of the nation's top automakers, scour more economic data. (Full Story) |
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Cripple Creek Casino Seeks Bankruptcy Protection
Last Updated: 9:05 AM 11/19/08 -
The Imperial Casino Hotel in Cripple Creek has filed for Chapter 11 bankruptcy protection. (Full Story) |
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U.S. Home Construction Sinks To New Record Low
Last Updated: 7:11 AM 11/19/08 -
A government report says construction of new homes plunged 4.5 percent last month to the lowest level on government records, as U.S. builders slashed production while Wall Street nosedived. (Full Story) |
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Local Auto Dealer: Consumer Confidence The Key, Not Bailout
Last Updated: 11:08 PM 11/18/08 -
A long time car dealer here in Colorado Springs thinks the real answer to the American auto industry’s woes is at the local car dealership.
(Full Story) |
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Bad Economy Snuffing Out Businesses
Last Updated: 11:04 PM 11/17/08 -
Businesses small and big right here in Colorado Springs are feeling the rippling affects of a souring economy. The Mission Inn Restaurant which was open for more than three decades has even closed. (Full Story) |
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Target 3Q Profit Falls 24 Percent
Last Updated: 9:41 AM 11/17/08 -
The discount retailer says profit for the three months ended Nov. 1 fell to $369 million, or 49 cents per share, from $483 million, or 56 cents per share, last year. (Full Story) |
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AAA: Average Price Of Gas In Colorado Is $2.029
Last Updated: 9:30 AM 11/17/08 -
The latest survey released Monday shows an average price of $2.029 for a gallon of regular unleaded gasoline. That's down almost $1.02 in the past month, and down more than $2.06 since the record average high of $4.093 on July 17. (Full Story) |
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Ritter Opens Trade Mission To Asia In Japan
Last Updated: 7:24 AM 11/17/08 -
Gov. Bill Ritter has opened an economic development mission to Asia by pushing for a flight from Denver to Tokyo. (Full Story) |
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Lawmakers Question Need For State Stimulus Package
Last Updated: 11:32 AM 11/13/08 -
Ritter told the Legislature's Joint Budget Committee he wants to set aside $2.5 million to help small businesses get credit and another $2.5 million to set up job training at community colleges. (Full Story) |
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More Headlines
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- Paulson Warns Against Regulation Overkill
Treasury Secretary Henry Paulson called the financial crisis now plaguing the world economy a "once or twice" in a 100 years event, even as he warned Thursday against imposing too-strict regulations to prevent a repeat calamity.
- Building A Better Automaker
Japanese car companies build some of their cars here in the United States, but they've managed to avoid the troubles plaguing GM, Ford and Chrysler. So do the Japanese have a better way? Barry Petersen has the story.
- Desperate Automakers Launch PR Campaign
The Big Three automakers are taking a page out of their unions' playbooks as they deploy grassroots tactics to drum up public support for the proposed $25 billion auto industry bailout.
- Jobless Claims Soar Unexpectedly
New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year.
- As Auto Bailout Hopes Fade, So Do Stocks
Stocks plunged for a second straight day, falling to a range not seen in more than five years as financial and energy stocks tumbled while demand for the safety of government debt spiked to historic levels.
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