Posted: 8:49 AM A senior House lawmaker says Congress will have to act to improve accounting rules that force banks to value assets at current prices unless regulators immediately do so.

Posted: 8:25 AM Bernard Madoff has pleaded guilty to charges that he carried out an epic fraud that robbed investors worldwide of billions of dollars.

Posted: 2:55 PM Now, he's signed on for a USA Network project that'll have him traveling along U.S. Highway 50 in the coming months, reporting on the economic crisis and Americans' reaction to the first year of the Obama administration.

Updated: 3:50 PM The hot line averaged more than 160 calls per day in February. The typical average is 100 per day.

Updated: 11:43 PM We all know someone who's lost a job lately. The national unemployment rate is at it's highest in 25 years at 8.1 percent. In Colorado, the numbers are also up. In January the unemployment rate reached 6.6 percent and the numbers in southern Colorado are even worse.

Updated: 5:49 PM $410 billion spending bill to keep the government running for the rest of the fiscal year is on its way to President Barack Obama for signing into law. The measure cleared the Senate Tuesday night despite grumbling about so-called pet projects.

Updated: 4:52 PM State-run trust funds for pre-paid college tuition are running short of cash because of the rising cost of college and the declining stock market.

Posted: 4:46 PM Treasury Secretary Timothy Geithner says that within the next couple of weeks the administration will unveil its plan for dealing with the toxic assets that lie at the heart of the current financial crisis.

Posted: 3:00 PM Wall Street has had its best day of the year, storming higher after some good news from Citigroup.

Updated: 2:29 PM We are all looking for ways to save a few bucks these days and there are some businesses out there that we've found can help. And that, is what's helping their business boom in a bad economy.

Posted: 7:10 PM While the recession has claimed millions of jobs, the economy has created others, many for highly trained specialists.

Updated: 11:38 AM If you're not going through foreclosure experts say there's a 90% chance you know someone who is.

Updated: 1:30 PM President Barack Obama is inviting state officials to a White House conference on how best to spend money from the stimulus bill.

Posted: 1:27 PM The Obama administration's auto industry task force was meeting Friday to review the status of General Motors Corp. and Chrysler LLC, which are surviving on $17.4 billion in loans.

Posted: 12:01 PM Of that $29.8 million allocated to Colorado, El Paso County will get $621,526 and Colorado Springs will get $133,6258. Pueblo County will be allocated $24,374 and the city of Pueblo will be given $460,164.

Posted: 7:51 PM The Senate has put off until next week a final vote on a $410 billion catchall spending bill.

Posted: 7:41 PM Frontier Airlines Holdings Inc. says Republic Airways Holdings Inc. has committed to provide it with $40 million in debtor-in-possession financing, subject to bankruptcy court approval.

Updated: 7:19 PM If you're 16 to 21 years old and you need a summer job, the Pikes Peak Workforce Center has the event for you. March 12th is the Governor's Summer Hunt Job Fair in Colorado Springs.

Updated: 1:02 PM Bankruptcy filings in Colorado were up 37 percent last year compared with the number in 2007.

Posted: 12:46 PM With his state facing a $14 billion budget deficit, New York Gov. David Paterson says he'll take a 10 percent pay cut.

Posted: 1:59 PM The Obama administration is releasing details about its new programs aimed at helping millions of borrowers stay in their homes.

Posted: 9:20 PM TCF Financial Corp. plans to return more than $361 million it received from the federal government four months ago, saying "the rules have definitely changed" since it accepted the money.

Updated: 8:31 AM Gov. Bill Ritter has submitted the first round of transportation funds from the federal stimulus package, including major work on the Western Slope, eastern plains and the Interstate 70 corridor.

Posted: 9:41 AM Barack Obama's budget chief is on Capitol Hill defending the president's $3.6 trillion budget for next year as an honest accounting of the government's bleak fiscal woes.

Updated: 11:15 PM Not only do Fort Carson soldier families benefit from having their loved ones home, but so does the economy.