Oil rose Wednesday on renewed optimism about the U.S. economy, as traders took their cue from higher stock prices. Benchmark West Texas Intermediate crude for September delivery rose $1.25 to $87.89 per barrel in midday trading on the New York Mercantile Exchange. Brent crude, which is used to price many international...
U.S. automakers rebounded in July to boost factory production by the most since the Japan crisis. But builders broke ground on fewer single-family houses, leaving home construction at depressed levels. The mixed data suggest the economy remains fragile but is not on the cusp of another recession. Overall industrial production, which...
For the dozen lawmakers tasked with producing a deficit-cutting plan, the threatened "doomsday" defense cuts hit close to home. The six Republicans and six Democrats represent states where the biggest military contractors — Lockheed Martin, General Dynamics Corp., Raytheon Co. and Boeing Co. — build missiles, aircraft, jet fighters and...
The City of Fountain, roughly 13 miles south of Colorado Springs, is on the precipice of a population boom, and it wants more businesses — now. Fountain Valley’s population, which includes Security and Widefield, is around 88,000, and city officials expect that number grow 14 percent by 2014, when troops...
U.S. Senator Mark Udall says there is no reason to worry about the use of hydraulic fracturing to free up oil and gas deposits if it's done properly. Hydraulic fracturing, or fracking, involves injecting vast amounts of water and chemicals to open deeply buried gas formations. People living near drilling areas...
The way Doug Price sees it, a city slogan or brand will help Colorado Springs tell its story.