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  • Update: Mishandled money in Teller County

    January 19, 2013 2:12 PM

    A series of financial mistakes has put a huge dent in Teller County's budget. "We have overspent a considerable amount of money on the clerk's office," Commissioner Dave Paul said. He and others employed with the county are pointing the finger at JJ Jamison, the county's clerk and... more »
  • Teller County acknowledges financial problems

    January 15, 2013 8:28 PM

    A series of financial mistakes has put a huge dent in Teller County's budget. "We have overspent a considerable amount of money on the clerk's office," Commissioner Dave Paul said. He and others employed with the county are pointing the finger at JJ Jamison, the county's clerk and... more »
  • Federal deficit tops $1 trillion through June

    July 13, 2010 2:10 PM

    The federal deficit has topped $1 trillion with three months still to go in the current budget year, showing the continued impact of a deep recession on the government's finances. The Treasury Department says that through the first nine months of this budget year, the deficit totals $1 trillion,... more »
  • Stocks slide

    July 1, 2010 11:04 AM

    NEW YORK (AP) - Stocks are extending their slide after home sales fell to a record low in May following the expiration of a tax credit. Stocks were already lower Thursday following another disappointing report on jobs. The National Association of Realtors says the number of buyers who signed... more »
  • Debt brokers attempt to cash in on Illinois financial crisis

    June 7, 2010 2:55 PM

    With Illinois still not paying its bills, a new company in the debt brokering business has seized on an opportunity to make money off the state's financial crisis. Georgia-based Alpharetta Industries is offering to help Illinois organizations that are owed money. The company will arrange to sell the debts to... more »
  • School districts spending on food, travel

    March 1, 2010 10:05 AM

    With budget cuts looming, Colorado's three largest school districts have been spending on food, travel and other discretionary expenses with little oversight. An analysis by The Denver Post found that Jefferson, Douglas and Denver county schools spent a total of about $280,000 on items like Starbucks, doughnuts and receptions. Districts... more »
  • Americans seek silver lining in 2010

    December 31, 2009 8:51 AM

    Americans are showing a curious mix of optimism and pessimism as they head into 2010. The latest AP-GfK poll indicates 82 percent are optimistic about what the new year will bring for their families. At the same time, nearly two-thirds think their family finances will worsen or stay about the... more »
  • Another taxpayer bailout? Housing agency's financial cushion sinks

    November 12, 2009 10:09 AM

    The Federal Housing Administration says its financial cushion has dipped to a dangerously low level but should remain above zero under "most economic scenarios." The agency, a major source of funds for first-time homebuyers, faces mounting concerns that it will eventually need a taxpayer bailout as losses grow from homeowners... more »
  • Cesar Chavez Network founders put on paid leave

    September 24, 2009 1:35 PM

    The founders of the Cesar Chavez Network have been put on paid administrative leave. Dr. Lawrence Hernandez and his wife Annette got the news Thursday morning at Cesar Chavez Academy. A dispute over the leadership and finances boiled-over to the point that police were called to the charter school. Cesar... more »
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