Consumers have held a recession at bay for months now with their robust spending, fighting off the burden of rising prices and higher interest rates. But their resolve, not to
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Who is eligible for Biden’s student loan debt forgiveness?
After months of rumor and speculation, President Joe Biden announced the details on a broad vision for student loan debt repayment and debt cancellation on Wednesday. Through an executive order,
U.S. employers add 528,000 jobs; unemployment falls to 3.5%
WASHINGTON — Defying anxiety about a possible recession and raging inflation, America’s employers added a stunning 528,000 jobs last month, restoring all the jobs lost in the coronavirus recession. Unemployment
Entrepreneur has designs on boosting Denver/Aurora fashion industry
Paris. Milan. New York. Los Angeles: all fashion hot spots. Could Aurora be an up-and-comer on the scene? That’s a serious question to Skye Barker Maa and Lisa Ramfjord Elstun.
US economy shrinks for a 2nd quarter, raising recession fear – The Denver Post
By PAUL WISEMAN WASHINGTON (AP) — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the
Fed attacks inflation with its largest rate hike since 1994 – The Denver Post
WASHINGTON — The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in
Inflation is chewing up Coloradans’ spending power. How are consumers coping?
Parker resident Randal Ketner remembers when big price increases started taking hold in 1977, the year he graduated from high school. For six years, inflation was so heated it reshaped
Wall Street falls to first down week in four on rate worries – The Denver Post
By DAMIAN J. TROISE and STAN CHOE NEW YORK (AP) — Wall Street closed its first losing week in the last four with an up-and-down Friday, as investors brace for
Colorado economy slowing but still ahead of 20-year average
Right before Russia invaded Ukraine, Colorado’s economy was expected to downshift from last year’s unsustainable pace to a slower but still above-average rate in June, according to ColoradoCast, a short-term
Weekly U.S. jobless claims rise for the first time in a month The Denver Post
WASHINGTON — More Americans applied for employment benefits last week following three straight weeks of declines. Jobless claims rose by 23,000 to 248,000 last week, the Labor Department reported Thursday.