KKTV - Economy - Headlines

More Headlines

Paulson And China's Dollar

Posted: 12/02/2008 - Treasury Secretary Henry Paulson says China must continue allowing its currency to rise in value against the dollar as part of reforms to address trade tensions with the United States.

Read More

Frontier Reports October Net Loss Of $20.5M

Posted: 12/01/2008 - Frontier Airlines Holdings Inc. has reported a net loss of $20.5 million for October as the company works to emerge from bankruptcy protection, citing large losses stemming from fuel hedging activities and reorganization.

Read More

U.S. Officially In Recession

Posted: 12/01/2008 - A private group says the U.S. economy has been in a recession since December of last year.

Read More

Dollar Falls, Gold Rises In Europe

Posted: 11/28/2008 - The U.S. dollar was lower against other major currencies in European trading Thursday morning. Gold rose.

Read More

GM Looks To Sell Real Estate In England

Posted: 11/28/2008 - General Motors Corp. is looking at selling and leasing back some of its non-manfacturing operations in Europe in an effort to raise cash.

Read More

Meltdown Far From Over, New Mortgage Crisis Looms

Posted: 11/28/2008 - Malls from Michigan to Georgia are entering foreclosure, victims of the same crisis that's affected the housing market. Hotels in Tucson, Ariz., and Hilton Head, S.C., also are about to default on their mortgages. That pace is expected to quicken.

Read More

World Markets Advance After Wall Street Rally

Posted: 11/27/2008 - Bank stocks across Europe were doing particularly well, while heavyweight energy stocks firmed following Wednesday's 8 percent rally in the price of oil.

Read More

Dow, S&P 500 Clinch 4th Straight Winning Session

Posted: 11/26/2008 - Wall Street has accomplished a feat that seemed impossible just a week ago, rallying and propelling the Dow Jones industrial average and Standard & Poor's 500 index to their fourth straight winning sessions. Investors' growing confidence in the nation's financial system fed this latest advance.

Read More

Dow, S&P 500 Clinch 4th Straight Winning Session

Posted: 11/26/2008 - Wall Street has accomplished a feat that seemed impossible just a week ago, rallying and propelling the Dow Jones industrial average and Standard & Poor's 500 index to their fourth straight winning sessions.

Read More

Wachovia Top Execs Eligible For Severance Pay

Posted: 11/25/2008 - Top executives at Wachovia Corp. are eligible to receive up to $98.1 million in severance, assuming the bank's acquisition by Wells Fargo & Co. is completed by Dec. 31 as expected.

Read More

TiVo Reports Profit In Fiscal 3Q

Updated: 11/25/2008 - TiVo Inc. recorded a profit in its fiscal third quarter due to the $105 million it received from Englewood, Colo.-based Dish Network Corp. for violating a patent.

Read More

El Paso County Pension Plan Needs More Cash

Posted: 11/25/2008 - Officials told county commissioners on Monday the fund lost $88 million, or 29 percent of its value, since October 2007 as more money was paid out than was contributed into the retirement plan. The fund also posted a one-year loss of 16.2 percent in its investments.

Read More

Stocks Rise After Consumer Confidence Data

Posted: 11/25/2008 - Wall Street is mostly higher, extending its gains into a third session after a private research group said consumer confidence rose unexpectedly in November.

Read More

Economy Tumbled Even Worse Than Expected This Summer

Updated: 11/25/2008 - The government says the economy took a tumble in the summer that was worse than first thought as American consumers throttled back their spending by the most in 28 years.

Read More

Millionaires Get Farm Payments; Nobody Checking

Posted: 11/24/2008 - Congressional investigators say a sports team owner, a financial executive and residents of Hong Kong and Saudi Arabia are among the more than 2,700 millionaire recipients of farm payments from 2003 to 2006. And it's not even clear they were farmers.

Read More

Aspen Expects Business To Drop By Up To 15%

Posted: 11/24/2008 - The Aspen Skiing Co. expects business to be down by 5 to 15 percent this season, but it doesn't plan to reduce staff or close any ski runs as a result.

Read More

National Gas Prices Break $2 Mark

Posted: 11/24/2008 - A national survey shows average gas prices across the country have dropped to less than $2 a gallon for the first time since March 2005.

Read More

Stocks Soar After Government Bailout Of Citigroup

Updated: 11/24/2008 - Wall Street has barreled higher for the second straight session, this time in a relief rally over the government's plan to bail out Citigroup Inc. The Dow Jones industrials soared nearly 390 points, bringing their two-day advance to more than 880, or 11 percent.

Read More
KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability