Archives » March 7th, 2008

U.S. sheds jobs at pace not seen since 2003

U.S. jobs declined by 63,000 during February, three times the number of losses in January and the biggest drop in five years.
The U.S. Department of Labor is reporting that the manufacturing sector lost 52,000 jobs, leading trade and manufacturing associations to call for stricter control of international trade.
“Congress and the administration […]

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Hangin’ on through 2008

The National Association of Realtors sees a continued drop in median home prices, new home starts and resales in 2008.
For 2008, the forecast report released this week also anticipates a 31.1 percent drop in single-family housing starts, a 6.1 percent decline in new-home prices, a rise in housing affordability and a dip […]

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Federal Reserve announces bigger auctions to banks to help ease the credit crisis

The Associated Press
WASHINGTON– The Federal Reserve said Friday it is taking bigger steps to ease the nation’s credit crisis, including increasing the amount of money it will auction to banks this month to $100 billion.
The Federal Reserve said it will raise its planned March 10 and March 24 auctions to […]

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Personal health record field grows

As the government increases efforts to create national standards for electronic medical records, two technology giants have decided to enter the field with competing products.
Google unveiled the first phase of Google Health last month. The company’s new platform looks like its e-mail and news reader applications. Google Health allows patients and […]

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Federal contracting system under fire

A group of business owners told the House of Representatives yesterday that federal procedures for government contracts make it difficult for small businesses to compete.
Business owners said the new contracting systems place a premium on speed rather than value.
“With less than 20 percent of federal contracts going to small business across […]

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Church security forum

The Colorado Springs Police Department and the security staff for New Life Church will host a church security forum at 3 p.m. March 13 at New Life Church.
Crime prevention officers will discuss emergency planning, protection tips, assessing potentially dangerous situations, the role of greeters and ushers, and how […]

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