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Bernanke: Recession Could End In '09

Updated: 03/15/2009 - Federal Reserve Chairman Ben Bernanke says America's recession "probably" will end this year if the government succeeds in bolstering the banking system.

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Obama Aides Change Their Rhetoric On Economy

Posted: 03/15/2009 - The White House appears to be shifting its economic outlook with a top presidential adviser declaring the fundamentals of the economy are "solid."

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Trade Deficit Falls To $36 Billion In January

Posted: 03/13/2009 - The government says the U.S. trade deficit plunged in January to the lowest level in six years as a deepening recession cut demand for imported goods.

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Hopefuls Pack Teen Job Fair

Updated: 03/12/2009 - Potential employees packed the Governor's Summer Job Hunt Thursday in hopes of scoring a job that will put some cash in their pockets.

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Banks, Investment Firms Draw Less From Fed

Posted: 03/12/2009 - The Federal Reserve says commercial banks and investment firms borrowed less over the past week from its emergency lending program.

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Stimulus Package Money To Weatherize CO Homes

Posted: 03/12/2009 - Colorado families will receive nearly $130 million to make their homes more energy efficient as part of the American Recovery and Reinvestment Act.

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Biden Warns States To Spend Stimulus Bucks Wisely

Posted: 03/12/2009 - Vice President Joe Biden says states that misuse money from President Barack Obama's $787 billion economic stimulus package shouldn't look to the federal government for help again for a long time.

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Lawmaker: Congress Will Act On Accounting Rules

Posted: 03/12/2009 - 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.

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Madoff Pleads Guilty To All 11 Charges

Posted: 03/12/2009 - Bernard Madoff has pleaded guilty to charges that he carried out an epic fraud that robbed investors worldwide of billions of dollars.

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Tom Brokaw Will Hit The Road To Report On Economy

Posted: 03/11/2009 - 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.

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Colorado Unemployment Rises Again

Updated: 03/11/2009 - 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.

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Congress Approves Massive Spending Bill

Updated: 03/10/2009 - $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.

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Geithner Says Toxic Asset Plan Close To Finished

Posted: 03/10/2009 - 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.

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Saving Customers Money = Business Boom In The Springs

Updated: 03/10/2009 - 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.

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Obama Auto Panel Meets At White House

Posted: 03/06/2009 - 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.

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