Economy

5:30pm

Tue February 28, 2012
Business

Report: National Parks Good for Colorado Economy, Jobs

A new report from the National Park Service shows that visitors spent more than $306 million in and around Colorado’s national parks in 2010.

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2:06pm

Tue February 28, 2012
The Two-Way

Dow Does It: Closes Above 13,000

Originally published on Tue February 28, 2012 2:47 pm

For the first time since the 2008 financial crisis, the Dow Jones Industrial average has closed above the 13,000 mark.

It didn't do it by much — about 5 points.

We'll have more in a moment.

Update at 4:15 p.m. ET:

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6:49am

Tue February 28, 2012
The Two-Way

Order For Durable Goods Drops 4 Percent

The Commerce Department says a drop in spending on transportation and business equipment contributed to a 4 percent decrease in manufactured durable goods in January.

The decrease follows three consecutive monthly increases, including a 3.2 percent increase in December.

The AP reports:

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6:49am

Mon February 27, 2012
Your Money

Warm Winter Is Helping Consumers Cope

Originally published on Mon February 27, 2012 12:14 pm

A woman takes in the sunshine while reading in Central Park on Feb. 1 in New York City, where temperatures topped 60 degrees.
Mario Tama Getty Images

The rapidly rising price of gasoline has not stalled the economic recovery — at least not yet. And one reason for that may be found in fields of daffodils.

This year's unusually warm winter has held down heating costs, helping consumers spend less on their monthly utility bills.

"Weather plays a big role" in determining what's left in your checking account as winter wraps up, said Jonathan Cogan, a spokesman for the Energy Information Administration.

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6:40am

Thu February 23, 2012
The Two-Way

Jobless Claims Stay At Four-Year Low

There were 351,000 first-time claims for unemployment insurance last week, unchanged from the four-year-low level of the week before, the Employment and Training Administration just reported.

It adds that "the 4-week moving average was 359,000, a decrease of 7,000 from the previous week's revised average of 366,000."

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