Archives » August 15th, 2008

Oil drops below $114 on slowing economies

The Associated Press
VIENNA, Austria _ Oil prices skidded further today, falling below $114 on signs that the world’s largest economies are weakening and on OPEC’s prediction that energy demand will decline.
The dollar, which is rising in response to concerns about the global economy, also sent oil lower.
Light, sweet crude for […]

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American waives fees for soldiers’ excess baggage

American Airlines announced yesterday that it will waive fees charged to members of the military who check excess baggage.
Officials said the company already waives fees on first and second checked bags for active-duty soldiers, but will now waive fees for third bags.
Word that American was charging soldiers up to $300 for […]

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Colorado hammered by construction employment statistics

The Bureau of Labor Statistics says that Colorado, like 33 other states, experienced a drop in construction-related employment during June.
The number of jobs in Colorado dropped from 169,500 during June 2007 to 164,400 this year.
Employment rose in 13 states and was almost unchanged in the District of […]

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Population growing, aging faster than expected

Census Bureau projections released this week show that the population of the United States is growing much faster than forecast.
By 2030, nearly one in five residents will be at least 65, including all of the baby boomers. By 2050, the population of Americans in the “working ages” of 18 to […]

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