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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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Colorado Gets $29.8 Million For Law Enforcement

Posted: 03/06/2009 - 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.

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Frontier Airlines Gets $40 Million Financing Commitment

Posted: 03/05/2009 - 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.

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TCF Plans To Give Fed Money Back

Posted: 03/03/2009 - 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.

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Ritter Certifies Federal Stimulus Projects

Updated: 03/04/2009 - 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.

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Obama Budget Chief Defends Plan on Capitol Hill

Posted: 03/03/2009 - 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.

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Dow Falls Below 7,000 As Worries About Banks Mount

Posted: 03/02/2009 - The Dow Jones industrial average has plunged below 7,000 as investors grow increasingly pessimistic about the health of banks, and in turn the economy, around the world.

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You Can Get $8,000 Cash For Buying Your First Home

Updated: 03/01/2009 - Is President Barack Obama's stimulus plan already working? Maybe. In Colorado Springs real estate agents say business has picked up over the last two weeks since President Obama signed his plan into law. Under President Obama's plan, qualifying first-time home buyers get $8,000 on their tax return next year.

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