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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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DOL offering virtual job fair

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The Pueblo Workforce Center is inviting job seekers to a fair today and tomorrow – but there’s no need to drive to Pueblo. The job fair will stay open nonstop for two days and nights, and is the first of its kind offered by the Department of Labor and Employment. At this online event, job… Continue Reading DOL offering virtual job fair

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Business inventories and sales rose July

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U.S. businesses added to their stockpiles in July for a 19th straight month and their sales increased by the most since March. The Commerce Department says business inventories rose 0.4 percent in July following a similar gain in June. Business sales increased 0.7 percent in July. The strong month for inventory growth shows businesses were… Continue Reading Business inventories and sales rose July

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Two years after the economic stimulus plan, a new government audit finds that about one-third of the money authorized for an energy efficiency program has not been spent. The Energy Department’s inspector general says that state and local governments have left as much $879 million unspent from a $2.7 billion program intended to boost energy… Continue Reading Gov’t audit: Stimulus funds for energy go unspent

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