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Stocks down slightly after day of big gains

Stocks fell slightly on Wednesday following declines in Europe as the euro weakened against the dollar. The Dow Jones industrial average fell 26 points to 12,371 in late morning trading, giving back some of its surge of nearly 180 points the day before. Banks and health care companies had the biggest declines. Bank of America… Continue Reading Stocks down slightly after day of big gains

Colorado foreclosures down 28 percent this year

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Foreclosures in Colorado are down steeply as 2011 nears an end. The state Division of Housing says that foreclosures are down 28 percent. Year-to-date through November, the county with the largest decreases in foreclosure filings, year-over-year, were Mesa County, where filings decreased by more than 35 percent. Foreclosure filings were down more than 32 percent… Continue Reading Colorado foreclosures down 28 percent this year

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After calamitous losses on Wall Street and fears of another recession, the economy got a dose of good news Thursday: The number of people applying for unemployment benefits fell below 400,000 for the first time since April. Layoffs are easing in most states, and some economists are predicting mild improvement in job growth. The brighter… Continue Reading 4-month low in unemployment claims eases fears

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Stocks sink in early trading

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Stocks fell in early trading Monday after congressional leaders failed to agree on a deal to raise the nation’s debt limit to avoid default. Lawmakers hoped to reach a compromise late Sunday, but those talks stalled. President Barack Obama wants to raise revenues by letting tax cuts for wealthy Americans expire. Republicans have pushed for… Continue Reading Stocks sink in early trading

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