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Business & Real Estate

S&P close to $1.37B deal over risky mortgage bond ratings

WASHINGTON – Standard & Poor’s is close to a $1.37 billion settlement with the Obama administration and U.S. states over allegations it knowingly inflated its ratings of risky mortgage inves...

Business Briefs

Dave Mitchell to speak Feb. 12 The Durango Chamber of Commerce and the Home Builders Association of Southwest Colorado will host “The Power of Understanding People Hollywood Style...

Hard-hit worker hunts for economic resurgence

Main challenge: Find secure employment

Personal property declarations needed

People owning, possessing or controlling taxable personal property with a total actual value greater than $7,300 on Jan. 1 are required to report the personal property to the La Plata County...

Mancos entrepreneur runs out of space

The past two years have been a whirlwind for 19-year-old Mancos resident Easton LaChappelle. He’s given a TED talk, landed a job with NASA, met the president, and, last February, ...

Firms’ outlooks sour investors

Stocks sink on gloomy 2015 views

What does $400k get you in Durango?

Home sales give clues to market’s middle

Containing Detroit’s housing blight

DETROIT – An unusual home taking shape inside General Motors’ sprawling Detroit-Hamtramck Assembly plant is intended to be part of a movement to rebuild the city’s economy and deteriorating,...

IRS taking aim at identity theft

WASHINGTON – Rejected. A notice from the Internal Revenue Service saying your return won’t be accepted might be your first clue that your identity has been stolen. “Th...

Over 65? Check out these tax breaks

WASHINGTON – You’ve downsized to an apartment, the kids are long gone, and you’re no longer eligible for some of the deductions and exemptions that had helped you lower your tax bill. ...

Bicycle-themed décor comes home

Bike parts become hip furnishings

Buying a home really may not be out of reach

You may think you can’t afford to buy a home, but consider how the new low down-payment loans make homes affordable, even in Southwest Colorado. A $250,000 home purchase could req...
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