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Front Range foreclosures jump 40 percent

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Colorado homeowners are feeling the pinch of the collapse of the subprime market – foreclosure filings jumped 40 percent in 2007.The Colorado Division of Housing reports that nearly 40,000 foreclosure filings were listed last year, up from 28,500 in 2006. Meanwhile, foreclosure sales – in which the property is sold to the lender or a… Continue Reading Front Range foreclosures jump 40 percent

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Drop in jobless claims seen as temporary

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Associated Press WASHINGTON_ The number of newly laid off workers filing claims for unemployment benefits fell last week, but the larger-than-expected drop was seen as only a temporary improvement. The Labor Department reported Thursday that the number of jobless claims dropped by 9,000 last week to a total of 349,000. While that was bigger than… Continue Reading Drop in jobless claims seen as temporary

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The National Retail Federation is alerting online customers to be careful when purchasing common household items through online auction sites. The cosmetics, health and beauty products could be stolen or possibly tainted, the retail industry nonprofit said. Well-known products found in health and personal care aisles nationwide are being targeted by organized retail crime rings.… Continue Reading Beware of health and beauty products on auction Web sites

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Investors view the environment as a major long-term investing opportunity, said a survey of investors released by Allianz Global Investors. Of the 1,003 investors surveyed, nearly half (49 percent) said that during the next 12 months they were likely to invest in a company or mutual fund looking to provide solutions for environmental problems; 17… Continue Reading Investors seek green companies

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Cimarron Street Bridge is still a work in progress, and now the public is invited to gaze upon its girders tomorrow as crews start a major milestone in the project.The public can view the placement of 48 concrete girders from the south end of America the Beautiful Park. The city has placed bleachers at the… Continue Reading Cimarron Bridge invites public to become girder gazers

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Executive Systems sells to Boulder company

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Executive Systems, Inc., a Colorado Springs-based executive suite, virtual office, conference center and live-answer receptionist provider since 1991 has been acquired by Office Evolution of Boulder. Mark Hemmeter, president of Office Evolution, said the acquisition expands his company’s presence along the Front Range to 14 sites. The three Colorado Springs locations owned until recently by… Continue Reading Executive Systems sells to Boulder company

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Consumer prices on the rise again

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The Associated Press Consumer prices rose by a bigger-than-expected amount in January, reflecting big increases in the cost of food and health care, the government reported Wednesday. The Labor Department said that its’ closely watched Consumer Price Index posted a gain of 0.4 percent last month, matching the December increase and was higher than economists… Continue Reading Consumer prices on the rise again

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Nonprofit to specialize in oil shale education

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A new nonprofit organization will advocate for the responsible development of oil shale in the United States. Headquartered in Glendale Springs, the National Oil Shale Association says its mission is to educate the public about the alternative oil source. The organization believes oil shale production – extracting oil from rocks in places like the Piceance… Continue Reading Nonprofit to specialize in oil shale education

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Flying Horse selected best clubhouse in Colorado

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After just three-and-a-half years in existence the 43,000-square-foot Club at Flying Horse topped the Colorado Avid Golfer list as “best clubhouse in the state.” Colorado Avid Golfer magazine named the Club at Flying Horse the best in the state. Selection criteria were not provided, but the magazine’s publishers did note that competition for first place… Continue Reading Flying Horse selected best clubhouse in Colorado

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IRS offers economic stimulus answers

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The Internal Revenue Service has released additional information about the economic stimulus payments on its Web site. The site gives answers for recipients of Social Security, Railroad Retirement benefits and certain veterans’ or survivors’ benefits. Millions of people in these groups who normally don’t file will need to file a 2007 tax return in order… Continue Reading IRS offers economic stimulus answers

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