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MIAMI – Federal authorities arrested 32 people, including doctors, in a major Medicare fraud bust today in New York, Louisiana, Boston and Houston, targeting scams such as “arthritis kits” – expensive braces that many patients never used. It’s the third major sweep since Attorney General Eric Holder and Health and Human Services Secretary Kathleen Sebelius… Continue Reading Dozens arrested in Medicare fraud busts across U.S.

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If you’re tempted to complain about all the rain that’s doused the Pikes Peak region lately, consider that it could be worse. The Denver Business Journal is reporting that damage from the July 20 hail storm is estimated at $350 million, according to the Rocky Mountain Insurance Information Association. For perspective, that’s the second costliest warm-weather… Continue Reading Springs’ rainy days better than Denver’s hail

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UPS expanding service between Mexico, U.S.

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United Parcel Service Inc. will expand its small-package ground service between Mexico and the United States.By connecting the company’s networks in Mexico and the United States, UPS said it now offers ground service between the two countries that covers every address in Mexico and the continental United States. Packages shipped with UPS Standard will reach their… Continue Reading UPS expanding service between Mexico, U.S.

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Consumer confidence falls further in July

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NEW YORK (A.P) — Americans’ confidence in the economy soured further in July as worries about job security offset any enthusiasm about the resumed stock market rally that has helped bolster retirement accounts. The New York-based Conference Board said today that its Consumer Confidence Index, which retreated last month, fell to 46.6, down from 49.3… Continue Reading Consumer confidence falls further in July

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Govt. considers limits on energy trading

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WASHINGTON (A.P) – A key federal regulator said Tuesday his agency must “seriously consider” imposing stringent limits on speculative trading of energy futures contracts, a move that would mark a major shift for the government.Gary Gensler, chairman of the Commodity Futures Trading Commission, made the assertion as the agency prepared to hear from consumers, businesses,… Continue Reading Govt. considers limits on energy trading

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The latest Census Bureau new home sales statistics showed sales of new homes in 13 western states, including Colorado, jumped in June from the previous month. Continue Reading Home sales jump good for construction employment

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Early this afternoon, City Councilman Bernie Herpin confirmed that Colorado Springs and LandCo have resolved their lawsuit.
Continue Reading LandCo, city reach resolution of lawsuit

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El Paso County’s Citizen’s College will reconvene Sept. 12 and 19. The classes are offered to residents who want to learn about County government and its services. The Citizens’ College will be conducted in two all-day sessions on consecutive Saturdays and will be hosted at the El Paso County Criminal Justice Center and Terry R.… Continue Reading Enrollment open for county’s Citizen’s College

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Pulse of housing market growing stronger

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WASHINGTON (A.P.) – New U.S. home sales rose by the largest amount in more than eight years last month, in another sign the housing market is finally bouncing back from the worst downturn in decades. The Commerce Department said Monday that sales rose 11 percent in June to a seasonally adjusted annual rate of 384,000,… Continue Reading Pulse of housing market growing stronger

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The nation’s unemployed are increasingly willing to pull up stakes and relocate to find a job – which could reignite home sales in some areas of the country. According to outplacement firm Challenger, Gray and Christmas, 18.2 percent of job seekers who found jobs in the second quarter moved for the position – an increase… Continue Reading Relocating just part of job hunting these days

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