Colorado’s small businesses may get some promising news about increased access to capital next week when bankers release the details of their “Let’s Talk Small Business” initiative.
The Credit Union of Colorado has launched a foundation to raise grant money for human services and education. The Credit Union of Colorado, which was founded in 1934, has a membership that includes teachers, college and university employees and state employees, retirees and their family members. The foundation is a way to continue supporting philanthropic activities […]
Mornings are chilly, cherries are already out of season and its dark by 8 p.m. — yes, it’s that time of year again. Time for a sneak preview of the Southern Colorado Economic Forum, that is. (If you thought I’d say something cliché about the “crisp feel of autumn in the air,” then you don’t […]
Sometimes it’s nice to hold all the power. The British are fairly pleading with American businesses to apply for contracts for the London 2012 Olympic and Paralympic Games. Pardon the pun, but it’s a golden opportunity to make some cash — the Brits have a $12 billion budget for Olympic games-related contracts, including direct procurement […]
It’s time to count our blessings and focus on the positive. Colorado is in a healthier position than the rest of the West, California, Oregon, Nevada, the Southeast, Florida and South Carolina, said Nathaniel Karp BBVA Compass U.S. chief economist. And the high-technology sector will help Colorado recover more quickly than other states. “Compared to […]
There appears to be no shortage of banks in Fountain. Within the city limits, there are nine banks, including freestanding and supermarket branches. And, just outside the city limits, there are another three. But that hasn’t dissuaded People’s National Bank from moving into the market.
The United States is the only country that a majority of Colorado high-net-worth investors regard as a “good” investment for the upcoming year. At 60 percent, this is at least 25 percentage points higher than the next region and countries — Western Europe (35 percent), Japan (25 percent) and India (23 percent) — according to a recent poll […]
A Colorado Springs business owner was indicted by a federal grand jury March 26 on charges of filing false income tax returns and evading reporting requirements. The office of Colorado U.S. Attorney John Walsh and IRS Special Agent Steven Osborne announced in Wednesday that Lisabeth Melahn, 53, of Colorado Springs, is scheduled to appear before a […]
The federal bank, thrift and credit union regulatory agencies have issued an amendment to the Fair Credit Reporting Act that allows inquiries into medical information to determine credit eligibility. The amendments, which become affective April 1, will also allow credit affiliates to share medical information.
People using state-issued debit cards for unemployment benefits will no longer have to pay many of the fees associated with using the cards. The Department of Labor and Employment renegotiated the contract with J.P. Morgan Chase to eliminate the fees, which will save card users a total of $500,000 a year. The agreement eliminates point […]
The euro is falling against the dollar on worries that Europe’s debt crisis is spreading to other countries. Borrowing costs in Italy, Spain and France have risen this week. Higher borrowing costs are a sign that investors are worried that those countries may have trouble paying their debts. On Wednesday, the yield on Italy’s 10-year […]
Barring unforeseen circumstances, the risk of a double-dip recession is “pretty unlikely,” Keith Hembre, U.S Bank’s chief economist, told the audience at U.S. Bank’s Economic Update and breakfast at the Doubletree Hotel on Tuesday. Across the developed world, interest rates are basically at zero. And governments have used unprecedented policy action, so they aren’t apt […]