The Economy
11/5/2012
Mini iPads create major success for Apple
Posted 10:33 AM 11/5/2012 by JD Downing
NEW YORK (AP) - Apple says it sold 3 million iPads of all kinds in the first three days it sold the new Mini model.Apple started selling the Mini on Friday, starting at $329. It's a third smaller than the full-size iPad.The sales figure compares with 1.5 million iPads sold (More)
11/2/2012
US factory orders rise 4.8 percent in September
Posted 2:18 PM 11/2/2012 by AP posted by Juice Godfrey
MARTIN CRUTSINGERAP Economics WriterWASHINGTON (AP) - U.S. companies boosted their orders for manufactured goods by the largest amount in 18 months in September, but companies remained cautious in ordering goods that signal plans to expand and modernize.The Commerce (More)
11/1/2012
Mexico sees biggest remittances drop since 2009
Posted 6:56 PM 11/1/2012 by AP posted by Juice Godfrey
MEXICO CITY (AP) - The Bank of Mexico says the amount of money sent home by Mexicans working abroad plunged 20 percent in September. That was the biggest drop since October 2009, when migrants were struggling to find jobs amid the worldwide economic crisis.Mexico's central bank said (More)
10/31/2012
Thoughts on transportation future arent appealing to all
Posted 8:19 PM 10/31/2012 by Matt Stafford
Public transportation is a constantly evolving discussion in Colorado Springs. It was the first topic as Mayor Steve Bach and members of City Council sat down to chat Wednesday morning. It was one of the Mayor's 'Counsel' Meetings; where they don't vote on anything, but the Mayor and council (More)
10/29/2012
Clinton: Romney claim about Jeep a 'load of bull'
Posted 5:49 PM 10/29/2012 by Matt Stafford
YOUNGSTOWN, Ohio (AP) - Vice President Joe Biden and former President Bill Clinton have criticized Mitt Romney for saying that Chrysler is shifting production of its Jeep brand autos from Ohio to China. Jeep, a major employer in Ohio, has said it is adding jobs in China to meet (More)
US consumer spending rose 0.8 percent in September
10/25/2012
Copper falls on persistent global growth worries
Posted 1:44 PM 10/25/2012 by AP posted by Juice Godfrey
The price of copper is falling after unimpressive home sales and orders for long-lasting goods failed to ease questions about demand for the metal.Copper for December delivery dropped 1.75 cents Thursday to finish at $3.5505 per pound. It's the sixth consecutive day that the price has (More)
10/22/2012
TransCanada restarts Keystone pipeline
Posted 5:52 PM 10/22/2012 by Matt Stafford
KANSAS CITY, Mo. (AP) - TransCanada has restarted the Keystone oil pipeline that carries about 590,000 barrels of crude oil each day from Canada to facilities in the Midwest. Oil began flowing again Monday afternoon. Company spokesman Shawn Howard says the system will be operated at a (More)
30-Somethings the most uneasy about retirement
10/21/2012
Dairy farm safety net dies with farm bill
Posted 9:46 AM 10/21/2012 by Matt Stafford
DANVILLE, VT (AP) - Small dairy farmers in the Northeast and Wisconsin say a tough year has been made worse by Congress' failure to pass a new farm bill before the old one expired. Many dairy farms were already struggling with low milk prices and high fuel and feed costs as the worst (More)
10/14/2012
Expect tiny '13 Social Security benefit increase
Posted 10:33 AM 10/14/2012 by Matt Stafford
WASHINGTON (AP) - Social Security recipients shouldn't expect a big increase in monthly benefits come January. Preliminary figures show the pay raise will be between 1 percent and 2 percent, which will be among the lowest since automatic adjustments were adopted in 1975 (More)
10/7/2012
Social media among threats to greeting card makers
Posted 10:02 AM 10/7/2012 by Matt Stafford
KANSAS CITY, Mo. (AP) - Fewer people are sending paper greeting cards, a worrisome challenge for the nation's top card company. Kansas City, Mo.-based Hallmark Cards Inc. announced last week it's closing a Kansas plant that produced a third of its signature product. Hallmark is (More)
10/5/2012
US drops 11 to 1,837 rigs exploring for oil, gas
Posted 1:42 PM 10/5/2012 by AP posted by Juice Godfrey
HOUSTON (AP) - The number of rigs actively exploring for oil and natural gas in the U.S. dropped this week by 11 to 1,837.Texas-based oilfield services company Baker Hughes Inc. reported Friday that 1,398 rigs were exploring for oil and 437 were searching for gas. Two were listed as (More)
September jobless rate drops
10/2/2012
AA pilots expect contract talks to resume
Posted 7:18 PM 10/2/2012 by Matt Stafford
DALLAS (AP) - The pilots' union at American Airlines is moving to resume stalled contract negotiations with the carrier. The union also said Tuesday that it will delay releasing results of a strike-authorization vote scheduled to end Wednesday. The developments could lead (More)
Holiday sales rise to 4.1% in 2012
9/30/2012
Warren Buffett's kids use dad's ideas to invest in giving
Posted 10:30 AM 9/30/2012 by Matt Stafford
OMAHA, Neb. (AP) - As they give away part of Warren Buffett's fortune, his three children have adopted an approach remarkably similar to their father's technique for making all that money. Like Buffett, each relies on tiny staffs. And whereas their father invests only in businesses he (More)
Medicare fines over hospitals' readmitted patients
Shell still optimistic on Arctic offshore drilling
9/28/2012
Memorial lease deal headlines economic forum
Posted 5:40 PM 9/28/2012 by Andy Koen
Healthcare was the main attraction at the Southern Colorado Economic Forum Friday with the Memorial Hospital lease agreement taking a leading role.
"By 2014, I would expect to see a noticeable presence on the UCCS campus with the growing education programs for the health care industry," (More)
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