Content Tagged As recession

2 years 11 months ago

Asian stocks tumble after Wall Street slide

ANGKOK (AP) - Asian stock markets are tumbling amid fears the U.S. may be heading back into recession and Europe's debt crisis is worsening. The sell-off in Asia on Friday follows the biggest one-day decline on Wall Street since the 2008 financial crisis. Japan's Nikkei 225 stock average slid...

2 years 11 months ago

July jobs data could heighten Wall Street jitters

WASHINGTON (AP) - Investors seeking reason for optimism after the worst stock-market sell-off since the 2008 financial crisis probably won't find it in Friday's July jobs report. Economists forecast that employers added only 90,000 jobs last month and that the unemployment rate was unchanged at 9.2 percent, according to...

3 years 1 week ago

Church yard sale aims to feed a community

Members of a Colorado Springs church are doing some late spring cleaning to help feed families in our community. The congregation at Church For All Nations on the northeast side is hosting a large scale community yard sale with proceeds benefiting the Angel Food organization. Pastor Mark Cowart...

3 years 2 weeks ago

Couponing making a comeback

The women sat in eager silence as Monica Knight told them groceries used to cost her $600 a month and now she spends only $100 to $150 a month. Then, she shared her secret: Extreme couponing. The women oohed and awed as Knight, a mother of two, pulled...

3 years 9 months ago

Poll shows racial divide in election

An Associated Press-GfK poll suggests working-class whites are flocking to Republican candidates in this fall's elections. Whites without four-year college degrees prefer GOP candidates by twice the margin of the last two elections, when Democrats made significant gains in the House and Senate. The poll, conducted last month, found...

3 years 9 months ago

Low paying industries add jobs in Colorado

The Denver Post reports that some Colorado industries hired workers in 2008 and 2009, when the state lost more than 105,000 jobs overall, but many of those new positions paid below-average wages. The newspaper examined unemployment insurance reports filed by employers and found that of the 12 industries that...

3 years 10 months ago

Economy: Oil cleanup both bonanza and bust

An Associated Press analysis finds some places have done pretty well since the Gulf oil spill while others have been hit by a double-whammy. The worst offshore oil spill in U.S. history has spurred something of an economic boom in some communities where cleanup operations are based. But other...

3 years 10 months ago

Colorado's stimulus spending under microscope

Auditors from western states have met in Colorado to discuss the challenges of keeping track of billions of dollars worth of federal stimulus money. Bozeman, Montana, audit technician Nathaniel Pehl says because election year politics have created a partisan split over whether the $862 billion program is working, "Transparency...

3 years 11 months ago

New unemployment claims on the rise

Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers. The Labor Department says new claims for unemployment insurance rose by 19,000 to a seasonally adjusted 479,000. Analysts had expected a small...

4 years 1 week ago

Foreclosures on record-setting pace

The number of foreclosures this year is on track to top one million. The head of a firm that follows foreclosures says that would be unprecedented -- breaking last year's level of more than 900,000. RealtyTrac Inc. says almost 528,000 homes were taken over by lenders during the first...

4 years 2 weeks ago

Americans' credit scores sink to new lows

New figures show millions more Americans have credit scores that could prevent them from getting credit cards, auto loans or mortgages under the tighter lending standards banks now use. Figures provided by FICO Inc. show that 25.5 percent of consumers - nearly 43.4 million people - now have a...

4 years 2 weeks ago

Surprise! New cars cheaper than used

You've heard the advice for years--buying a used car is a better value than buying a new car because the value drops as soon as you drive off the lot. But a careful crunching of numbers by Consumer Reports and Edmunds.com found the opposite true--it's now cheaper or the...

4 years 2 weeks ago

Bankruptcy filings up 14% in 2010

New numbers from the American Bankruptcy Institute show a 14% rise in bankruptcy filings between January and June. That's more than 770,000 new cases nationwide, and it's happening in Southern Colorado. "We were up by the end of May by 66 cases, which is a lot." explains Colorado Springs bankruptcy...

4 years 1 month ago

2009 charitable giving falls in US

Even though a new report says charitable giving fell by 3.6 percent last year, some philanthropic experts are breathing a sigh of relief. They feared the decline would be much worse as Americans continued to struggle with the recession. The Giving USA Foundation says Americans donated almost $304 billion...

Most Popular

Top Videos

1 2 3 4