Business

9:39am

Wed February 1, 2012
Economy

Many Coloradans Not Saving For A Rainy Day

401K Flickr - Creative Commons

Recent economic forecasts are predicting Colorado will continue to see recovery and job growth through 2012. However, according to a new report released this week, 1 in 4 Coloradans would not be able to cover their long term day to day expenses if they were suddenly out of a job.

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9:12am

Wed February 1, 2012
The Two-Way

Construction Spending Rises To Highest Annual Rate In 20 Months

For the fifth consecutive month, builders increased spending in December, the Commerce Department said today. The figures tempered yesterday's news that home prices in most markets tracked by the S&P/Case-Shiller index had slipped 1.3 percent in November.

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6:18am

Wed February 1, 2012
The Two-Way

Tech World Buzzes With Word That Facebook's IPO Filing Is Imminent

Facebook founder and CEO Mark Zuckerberg speaks during a special event in 2010.
Justin Sullivan Getty Images

The tech and business world are buzzing this morning with the expectation that Facebook, the world's largest social network, will take the first step toward going public today.

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8:42am

Tue January 31, 2012
The Two-Way

CBO Estimates $1.1 Trillion Federal Deficit

Originally published on Tue January 31, 2012 9:43 am

CBO

Taking into account all the budget legislation passed in the last year, the Congressional Budget Office says the country will run a $1.1 trillion deficit in fiscal year 2012.

The CBO reports that is nearly 7 percent of the United States' GDP, but is "nearly 2 percentage points below the deficit recorded in 2011, but still higher than any deficit between 1947 and 2008."

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7:41am

Tue January 31, 2012
The Two-Way

For Third Straight Month, Home Prices Dropped In November

Home prices dropped in November for the third consecutive month. Standard & Poor's/Case-Shiller home price index found a drop in 19 of the 20 cities tracked.

The AP reports:

"The biggest declines were in Atlanta, Chicago and Detroit. Phoenix was the only city to show an increase.

"The decline partly reflects the typical fall slowdown after the peak buying season.

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