Steven Cedre owns the city’s smallest full-service bicycle shop, and he’s watching the latest Trump tariffs take a huge bite out of his business.  Across the board, the U.S. bicycle industry — which relies on China for more than 90 percent of its bikes and bike parts — is reeling...
Editor’s note: This is the first in a two-part series on trade tariffs. Goldman Sachs economists last week warned the Trump administration’s trade war is damaging U.S. economic growth and raising consumer prices, and J.P. Morgan economists estimate the latest round of tariffs will cost American households up to $1,000...
Tech companies say the Trump administration’s import tariffs have hit them with price increases too steep to absorb — and it’s going to get worse in January. The tariffs on $200 billion worth of Chinese goods started at 10 percent Sept. 22. Cisco Systems added a 10 percent pass-through to...
Springs manufacturers are already feeling the strain of President Donald Trump’s trade tariffs, which some Colorado economists and trade experts warn will hurt the state’s consumers and producers. “It has been impacting us already,” said Christopher Fagnant, president at Qualtek Manufacturing. “It’s isolating manufacturing and it’s making it harder for...
In a new campaign, the U.S. Chamber of Commerce is warning that the Trump administration’s escalation of trade tariffs is “the wrong approach, and it threatens to derail our nation’s recent economic resurgence.” The U.S. Chamber released a state-by-state analysis of the potential impact of retaliatory tariffs from China, the...
After six years and more than $600,000 spent in a public-private partnership, the coalition that hired El Paso County’s first lobbyist is pleased with its investment. The group of 13 (10 members started the program in 2010 and paid $10,000 each to hire the lobbyist; the number is now 13...
What can we do about income inequality? In a long piece in Politico, billionaire venture capitalist Tom Hanauer supports nearly doubling the national minimum wage to $15 an hour. Hanauer is seriously rich. He was the first non-family member to invest in Jeff Bezos’ tiny little online bookstore, and also...
In an unprecedented media alliance, the Colorado Springs Business Journal, The Gazette and the Colorado Springs Independent are combining to host the first in a series of political debates during this election year, with incumbent U.S. Rep. Doug Lamborn debating Republican challenger Ret. Gen. Bentley Rayburn at 6 p.m....
In the first public discussion of new federal satellite export policies, industry experts and government officials expressed optimism about the long-awaited reforms and their potential impact on the space-based economy. The Satellite Export Controls Workshop took place Monday afternoon at The Broadmoor during the 30th annual Space Symposium, addressing the...
The Colorado Congressional delegation urged the House and Senate Appropriations Committees to lift the cap on funding for emergencies for transportation issues. The cap, at $100 million, isn't going to be enough to meet the repair and rebuilding needs for state roads and bridges, according to a press release from...
While Boulder, Estes Park and Lyons were hit harder than Colorado Springs during last week's floods, the city's infrastructure received significant damage in certain places. According to a press release from Colorado Springs, initial assessments show extensive damage on Gold Camp Road and Cheyenne Road. Gold Camp and Camp Creek...
President Barack Obama approved a request from Gov. John Hickenlooper and Colorado's congressional delegation for federal disaster assistance related to the flooding in Boulder, El Paso and Larimer counties. “The Department of Homeland Security and the Federal Emergency Management Agency  are authorized to provide appropriate assistance for required emergency measures,...