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Harsh temperatures in the winter of 2009 didn’t ruin the 2010 Colorado wine harvest season. Wine makers tapped into their reserves and turned out one of the best seasons they’ve had, officials said. For the first time since the repeal of Prohibition, Colorado wineries reported more than 1 million liters of wine to the Colorado… Continue Reading Colorado wineries make the most wine since Prohibition

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House Speaker John Boehner on Tuesday dismissed a Senate bill that could punish China for undervaluing its currency, saying it was “pretty dangerous” for Congress to tell another country how to run its monetary policy. Boehner’s statement to reporters came a day after the Senate voted 79-19 to advance legislation making it easier to impose… Continue Reading Boehner dismisses move to punish China on currency

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Economists say Colorado jobs forecast brighter

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Colorado economists say the state’s job prospects may be doing better than people think. University of Colorado economist Richard Wobbekind says Colorado will see job growth of as many as 25,000 jobs this year, more than double the forecast from just three months ago. Patty Silverstein, an economist and president of Littleton’s Development Research Partners,… Continue Reading Economists say Colorado jobs forecast brighter

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The Mountain States region is showing signs that it could beat a double dip recession, according to the September report of the Goss Institute for Economic Research. But the business confidence index has slumped to a recessionary level, according to the report. And there are some economic indicators that are not looking great. For example,… Continue Reading Mountain States holding steady in business; confidence down

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Ford says US sales rise 9 percent in September

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Ford Motor Co.’s U.S. sales rose 9 percent in September, spurred by sales of SUVs and pickups. Sales of the Ford Explorer SUV were more than triple last September, while sales of the Escape small SUV rose 41 percent. Ford’s pickup sales rose 15 percent. Demand for trucks and SUVs typically rises in the fall… Continue Reading Ford says US sales rise 9 percent in September

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A summer many investors would rather forget

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It was a stomach-churning summer that most investors would like to forget. The United States lost its top-of-the-line credit rating for the first time. The financial system of Europe seemed ready to collapse. Money managers sifted through data for signs that the economy was about to slide into a new recession. In the financial markets,… Continue Reading A summer many investors would rather forget

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IQOR offer real, but is exception to online rule

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There’s an exception to every rule – even the one about posting personal information like your social security number online. The Better Business Bureau of Southern Colorado says that a new company in town – IQOR – is asking applicants to fill out online applications that include social security numbers. The application is on a… Continue Reading IQOR offer real, but is exception to online rule

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Oil up 4.5 percent on hope for Europe debt deal

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Oil prices rose 4.5 percent Tuesday on hopes that European leaders are closer to drafting a plan to contain the region’s debt crisis. Investors are encouraged that another recession can be avoided and demand for energy products — from oil to diesel and gasoline — will improve if Greece does not default on its debt.… Continue Reading Oil up 4.5 percent on hope for Europe debt deal

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President Barack Obama is heading to Denver to pitch his jobs plan in the city where he accepted the Democratic nomination. But as he’s acknowledged at fundraisers up and down the West Coast, this election isn’t like 2008. Obama told a star-studded Hollywood fundraiser Monday night that this time around people are weary, and the… Continue Reading Obama pitches jobs plan in Denver, ends West Coast fundraising tour

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Oil leases down, revenues up

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Federal oil and natural gas leasing was down significantly in the Rockies during this fiscal year, according to reports from the Western Energy Alliance. Lease parcels declined by 70 percent, acreage by 81 percent and revenue by 44 percent since 2008. The only exception is North Dakota, which is experiencing a leasing boom in the… Continue Reading Oil leases down, revenues up

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