CSBJ Daily

The Associated Press
WASHINGTON_Federal Reserve Chairman Ben Bernanke warned Congress that the nation is in for a period of sluggish business growth and sent a fresh signal today that interest rates will again be lowered to steady the teetering economy.
“The economic situation has become distinctly less favorable” since the summer, the […]

The Dow Jones VentureSource reports that venture capitalists invested $928 million via 80 deals in entrepreneurial companies in India, during 2007.
The figure represents a 166 percent increase over 2006, this is the highest total on record for the region.
“Service-oriented companies in India continue to attract investment and this is likely […]

Home prices in 20 U.S. metropolitan areas fell in December by the most on record, a private survey showed.
The S&P/Case-Shiller home-price index dropped 9.1 percent from December 2006, after a 7.7 percent decrease in November. Nationwide, home prices fell 8.9 percent in the fourth quarter from a year earlier, the biggest […]

While the Pikes Peak region didn’t make the Forbes.com “Best Places to Get Ahead” top 10 this week, it fared better than most Colorado cities.
Based on data collected by the online giant’s researchers, small and large metropolitan areas were ranked on three separate criteria tracked from 2000 to today. They […]