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  Colorado Mortgage Broker World News

Small retailers struggle in tough season

Henry Burton, owner of Fremont Place Book Co., in his Seattle store in December. Heavy snow both helped and hurt his business this holiday season.Like a lot of small retailers, Henry Burton depends heavily on the holiday season to ring up sales, and, like a lot of retailers, this past holiday season proved especially challenging.


Job hunts grow harder in recession

Job seekers, including left-to-right, Edna Asberry, Maritza Jaime and Kimberly Baker, fill out evaluation forms at the South LA WorkSource Center. A new economic forecast, by the quarterly Anderson Forecast from the University of California, provides a mostly gloomy outlook for the coming year in California as a national recession chokes economic growth and jobless lines grow.New claims for unemployment benefits dropped unexpectedly last week, but the number of people continuing to seek aid rose sharply.


Obama assembles powerful West Wing

President-elect Barack Obama listens as newly designated White House energy czar Carol Browner speaks at a news conference in Chicago on   Dec. 15, 2008.Barack Obama is assembling a new and influential cadre of counselors just steps from the Oval Office whose power to direct domestic policy will rival, if not exceed, the authority of his Cabinet.


Scoop: Stars saving red-carpet best for inaugural

Celebrities aren't very interested in what they will wear to upcoming awards shows â€” they're already looking ahead to the outfits they'll don for Barack Obama's inauguration.Celebrities aren't very interested in what they will wear to upcoming awards shows — they're already looking ahead to the outfits they'll don for Barack Obama's inauguration.


Fast action urged on stimulus plan

Jan. 8: Saying President-elect Barack Obama warned Thursday that the nation's recession could "linger for years" unless Congress acts to pump huge sums from Washington into the U.S. economy.


Ill. panel recommends Blagojevich ouster
A key panel unanimously recommended Thursday that Gov. Rod Blagojevich be impeached for abusing his power, mismanaging Illinois government and committing possible criminal acts.

Palm announces 'Pre' smartphone

Matias Duarte of Palm demonstrates the Palm webOS platform on the new Palm Pre handset during the International Consumer Electronics Show.Palm Thursday unveiled the "Pre" smartphone, more similar to an iPhone than a Treo in looks, and a new operating system called Palm WebOS, with hopes that both will keep the venerable but struggling company in the smartphone race.


Dismal December sales add to retailer woes

Pedestrians walk past Generations Menswear on 8th Ave. in New York. Retailers are reporting dismal sales for December, confirming fears that the holiday season was the weakest in four decades.Major retailers Thursday reported dismal sales for December, confirming fears that the holiday season was the weakest in four decades.


Obama tax plan runs into opposition 

Senate Budget Committee Chairman Sen. Kent Conrad, D-N.D., right, accompanied by House Budget Committee Chairman Rep John Spratt, D-S.C., left, takes part in a news conference on Capitol Hill in Washington on Wednesday.President-elect Barack Obama's proposed tax cuts ran into opposition Thursday from senators in his own party who said they wouldn't do much to stimulate the economy or create jobs.


Deep freeze disrupts hardy Alaskans

Elisabeth Habermann of the University of Alaska-Fairbanks skis from the race trail in subzero weather at Kincaid Park in Anchorage Wednesday before the day's races for the U.S. Cross Country Ski Championships were canceled. Ted Johnson planned on using a set of logs to a build a cabin in Alaska's interior. Instead he'll burn some of them to stay warm.


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