Growing but slowing is how a new report describes Colorado’s economy. The state’s 1.2% growth in employment in March was the country’s second-lowest, just behind West Virginia, and the state’s slowest since late 2021. Although revised numbers are expected to…
Read MoreShare of Colorado company board seats held by women static in 2022
After several years of growth in the number of women on the boards of Colorado companies, progress stalled in 2022, said an organization that recruits and prepares women to take their seats in the boardroom. A new report by Boardbound…
Read MoreColorado-based IHS Markit sues insurer to recoup COVID business losses
Huge financial losses are among the lingering effects of the COVID-19 pandemic, and Colorado businesses and public institutions are among those suing their insurance companies to get some relief. However, experts say the courts might not be a cure. IHS…
Read MoreMetro Denver’s inflation rate falls ever so slightly in January
Metro Denver’s consumer inflation rate fell slightly, from a 6.9% annual pace in November to a 6.4% pace in January, as stubbornly persistent increases in food and housing costs keep it from falling more, according to the latest Consumer Price…
Read MoreColorado sees a record number of new businesses launch in 4Q
Leaving multiple unfilled jobs openings behind them and ignoring the economic storm clouds ahead of them, Coloradans filed to create a record number of new businesses last quarter, according to a report Monday from the Colorado Secretary of State Jena…
Read MoreNew retirees face a much greater risk of running out of money
Retirees this year are being dealt an unusually tough hand and will need to play it smart to avoid outliving the dwindling pile of money they have accumulated — the financial equivalent of going bust in poker. “Right now we…
Read MoreHow much pain? Fed to signal more rate hikes ahead The Denver Post
WASHINGTON — Federal Reserve Chair Jerome Powell bluntly warned in a speech last month that the Fed’s drive to curb inflation by aggressively raising interest rates would “bring some pain.” On Wednesday, Americans may get a better sense of how…
Read MoreMinimum wage in Denver will rise to $17.29 in 2023
The minimum wage in Denver will increase to $17.29 per hour beginning January 1, an annual adjustment based on the Consumer Price Index. Denver will be among several dozen cities nationwide with minimum wages over $17 per hour, city officials…
Read MoreInflation and wage data suggest U.S. prices will keep climbing
WASHINGTON — Inflation surged in June and workers’ average wages accelerated in the spring — signs that Americans won’t likely feel any relief from rising prices anytime soon and that the Federal Reserve will feel compelled to further raise borrowing…
Read MoreUS inflation dips from 4-decade high but still causing pain The Denver Post
By CHRISTOPHER RUGABER WASHINGTON (AP) — Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households. Consumer prices jumped 8.3% last month…
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