Obama Stimulus Plan Boosts Business Tax Refunds
Posted: 6:31 AM President-elect Barack Obama's proposed stimulus package would provide businesses with billions of dollars in refunds on taxes they paid several years ago.
Posted: 6:31 AM President-elect Barack Obama's proposed stimulus package would provide businesses with billions of dollars in refunds on taxes they paid several years ago.
Updated: 8:50 AM It's a stoppage of unprecedented scale for the automaker as it deal with shrinking global demand.
Updated: 4:04 PM The steep declines in December sales that were posted earlier today by Ford and GM aren't as bad as Chrysler's.
Updated: 3:58 PM Managed care provider Cigna says it will cut about 4 percent of its work force, or roughly 1,100 jobs, because of the slumping economy.
Posted: 7:07 PM Interim Colorado State University President Tony Frank is preparing his staff for cuts, including layoffs, as the state faces a budget shortfall of roughly $600 million or higher.
Updated: 8:46 AM The Colorado Lottery's sales dipped by 2.2 percent over the past six months, generating less money for the state's parks, wildlife and open space.
Posted: 4:56 PM Former employees and clients of disgraced financier Bernard Madoff are hoping to recoup some of their losses by selling Madoff memorabilia on eBay.
Updated: 2:57 PM Obama will meet with House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid on a stimulus package on Monday.
Posted: 7:33 PM Lawmakers are hoping a state-level transportation package will put tens of thousands of Coloradans to work in construction-related industries, providing raw materials, maintenance and engineering.
Updated: 2:26 PM A federal commission created by Congress is recommending a 50-percent increase in gasoline and diesel fuel taxes as a way to finance highway construction and repair.
Posted: 1:19 PM The Treasury Department says it will decide on a case-by-case basis whether other companies connected to the struggling automotive industry should be provided emergency aid from the government's $700 billion bailout pot.
Posted: 8:54 AM The Labor Department says initial applications for unemployment benefits fell by 94,000 to 492,000 for the week ending Dec. 27. The drop, which partly reflects seasonal adjustment difficulties tied to the Christmas holiday, is a greater drop than analysts had been expecting.
Updated: 10:55 AM As 2009 kicks off, the minimum wage goes up in Colorado 26 cents.
Posted: 2:45 PM The Federal Reserve says it will begin purchasing up to $500 billion in mortgage-backed securities early next month in an effort to bolster the housing market.
Posted: 6:20 PM Wall Street has ended an erratic session with a moderate loss as continuing violence in the Middle East reminded investors that the market could face problems beyond the recession.
Posted: 5:56 PM The Federal Reserve says commercial banks and investment firms borrowed less from its emergency lending program over the past week.
Posted: 9:43 AM Stock prices are down in light trading at midday on Wall Street.
Posted: 6:55 PM It turns out the gloomy economic predictions about this year's holiday sales were right.
Posted: 2:14 PM A last-minute shopper knew she'd find some irresistible deals today.
Posted: 2:11 PM How low can oil prices go?
Posted: 2:08 PM Colorado officials will make a $30 million loan to a college loan program that's been affected by the nationwide credit crunch.
Updated: 1:53 PM Although many southern Colorado shopping centers and stores will shut their doors during the Christmas holiday, most are staying open for at least part of Christmas Eve.
Updated: 5:00 PM Despite a drop in fuel prices, airlines are still charging checked-baggage fees.
Posted: 4:50 PM Vice President-elect Joe Biden says a new economic stimulus package will not be "politics as usual."
Posted: 2:58 PM The Treasury Department says it has provided an additional $4.7 billion to 92 banks as part of the government's $700 billion rescue of the financial system.