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Oil prices creep up near 2011 highs

Oil prices are approaching last year’s highs as tensions increase over Iran’s nuclear program. The rise pushed gasoline prices on Friday to a national average of $3.65 per gallon, the highest ever for this time of year. Western nations fear Iran is building a weapon and have been trying to force it to open its… Continue Reading Oil prices creep up near 2011 highs

The cost of health care increased 4 percent in the third quarter of 2011 from the previous year, at least for people with employer-sponsored health insurance. The news come from the Thomson Reuters Healthcare Spending Index for Private Insurers, and also shows a .9 percent increase over the second quarter of 2011. The index tracks… Continue Reading Health insurance increased 4 percent in third quarter 2011

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Stocks slip on the last trading day of 2011

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Stocks are slipping Friday on the final trading day of the year. The Dow Jones industrial average fell 23 points, or 0.2 percent, at 12,264 in the first hour of trading. The S&P 500 fell 1 point at 1,262. It’s up just 0.3 percent for 2011. The Nasdaq fell 1 point to 2,612. McDonald’s Corp.… Continue Reading Stocks slip on the last trading day of 2011

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Springs salaries expected to rise

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Colorado Springs employers appear to lead the Mountain Region when it comes to salary increases. According to the Mountain States Employers Council’s latest pay increase survey, Colorado Springs and Boulder/Longmont led were expected to see the biggest average pay increases in the three-state region, at 2.4 percent and 2.2 percent respectively for 2011. In survey… Continue Reading Springs salaries expected to rise

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