President Barack Obama is outlining a plan Wednesday to allow millions of student loan recipients to lower their payments and consolidate their loans, in hopes of easing the burden of the No. 2 source of household debt. The move to assist struggling graduates and students could help Obama shore up re-election support among young voters, […]
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  A video crew from the destination marketing organization Brand USA captured recreation on Pikes Peak and near Garden of the Gods Aug. 25 to attract more international outdoor enthusiasts to the area. In partnership with the Colorado Springs Convention and Visitors Bureau and Colorado Tourism Office, Brand USA filmed horseback riding and hiking near […]
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The Colorado Springs Chamber of Commerce and the Colorado Springs Economic Development Corp. will release a “press advisory” tomorrow for a major announcement. The two groups also plan to hold a press conference Tuesday – time and date to be set later – for a major announcement. Original plans for a Friday press conference were […]
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U.S. employers advertised more jobs in May than April, a hopeful sign after three months of weak hiring. Job openings rose to a seasonally adjusted 3.6 million, the Labor Department said Tuesday. That’s up from 3.4 million in April. It’s also the second-highest level in nearly four years, just behind March’s 3.7 million.   Still, […]
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Colorado has $1.6 billion extra to spend this year, said House Minority Leader Brian DelGrosso, R-Loveland, and the state needs to devote dollars to rebuild infrastructure destroyed by this year’s flooding and wildfires. At a legislative breakfast sponsored by the Colorado Springs Business Journal, DelGrosso appeared as a panelist, along with Colorado Springs representatives Bob […]
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Wall Street's wildest week since 2008 continued with another 300-point move for the Dow on Thursday. This time, stocks shot up after investors saw small signs that the economy isn't headed into another recession. Fewer Americans joined the unemployment line last week and a technology bellwether said revenue could grow...
Jobs in Colorado increased by8,800 in October to more than 2.2 million, according to the Colorado Department of Labor and Employment. The unemployment rate decreased by two-tenths of a percent to 8.1 percent. “Some positive trends are beginning to emerge on the Colorado jobs front,” said Ellen Golombek, executive director. “While we still have a […]
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U.S. stock futures tumbled Monday amid a rout in global stocks after Standard & Poor’s downgraded the U.S. credit rating for the first time. S&P cut the long-term debt rating for the U.S. by one notch to AA+ from AAA late Friday. The move wasn’t unexpected, but it comes when investors are already feeling nervous […]
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A mob of 800 people who planned to descend on Manitou Springs today to patronize businesses changed plans after the dramatic turn the Waldo Canyon Fire made Tuesday night. “Due to the sudden developments in Colorado Springs, resulting in the loss of homes and property, this event is canceled,” organizer...
A panel of 10 national experts in downtown redevelopment and revitalization will present its recommendations for helping Colorado Springs achieve a downtown renaissance Friday morning. The Urban Land Institute sent a group of experts to the city at the request of the Downtown Development Authority, which footed most of the...
In some ways, the local economy is showing its strongest performance since bottoming out in February 2009, but there are still concerns about employment and real income, according to the Southern Economic Forum’s quarterly update. The regional manufacturing index is up 43 percent since the recession and consumer confidence is up 19 percent. Economists at […]
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A potential buyer has expressed interest buying the full capacity of a planned transmission line to carry Wyoming wind power to Colorado. LS Power is the developer of the Wyoming Colorado Intertie line, which will stretch 180 miles from near Wheatland to near Brush, Colo. Adam Gassaway of LS Power has...