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Frank Says New Bailout Grants Will be Protected

Posted: 02/12/2009 - The head of the House Financial Services Committee says the Obama administration can be more trusted than the Bush administration to make certain there are no abuses in the disbursement of bank bailout funds.

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New Jobless Claims Drop Slightly

Posted: 02/12/2009 - The government says the number of new claims for unemployment benefits dropped slightly last week but remains near a 26-year high as companies lay off workers amid a deepening recession.

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Stocks Point to Lower Open

Posted: 02/12/2009 - Stocks are pointing to a lower open as investors digest mixed readings on retail sales and unemployment claims.

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Retail Sales Up 1 Percent in January

Posted: 02/12/2009 - U.S. retail sales jumped 1 percent in January, reversing a six-month declining trend and defying economists’ expectations by posting the biggest increase in 14 months.

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Plan To Let Voters Fill Senate Vacancies Killed

Posted: 02/12/2009 - State lawmakers have killed a bill that would’ve allowed voters to decide who fills any vacancy in a U.S. Senate seat from Colorado, instead letting the governor choose as current law dictates.

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No Charges To Be Filed In Theft Of Veteran’s Meds

Posted: 02/12/2009 - Denver police say there is insufficient evidence to seek charges against a woman accused of stealing narcotic painkillers and a pump device from an unconscious marine and Iraq vet who was in a hospital for surgery.

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Slow Economy Looming Over White Water Rafting Season

Posted: 02/11/2009 - The talk on Wednesday, at two rivers convention center, was about rafts and raft accessories. This year many rafting companies are prepping for the season a little differently.

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State Representative To Appear on O'Reilly Factor

Posted: 02/11/2009 - State Representaive Laura Bradford R-Colbran will be appearing on Fox News’s “The O’Reilly Factor” Wednesday night as part of the shows “Patriots and Pinheads” portion of the show.

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Law Firm Claims $65 Million Settlement by Facebook

Posted: 02/11/2009 - A law firm is claiming Palo Alto-based Facebook Inc. paid $65 million to settle a suit accusing facebook founder Mark zuckerberg of stealing the concept for his social network.

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New: Trade Deficit Drops to $39.9 billion, Lowest in 6 Years

Posted: 02/11/2009 - The U.S. trade deficit fell to the lowest level in nearly six years in December as the recession depressed demand for imports. The trade deficit in 2008 fell for a second straight year and economists expect an even bigger decline this year.

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Shelby Attacks Administration Bailout Proposal

Posted: 02/11/2009 - The top Republican on the Senate banking committee is attacking the Obama administration’s proposal to leverage for than $2 trillion into the shaky financial system.

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Banking CEO's Testify About Use of Bailout Funds

Posted: 02/11/2009 - Eight major baking CEO’s are testifying about how they are using federal bailout money they received last year. The panel appeared before the House Financial Services Committee in Washington today.

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