The average cost of apartment rent in Colorado Springs continues to rise as more high-end units enter the market. “Part of this most recent increase really isn’t a rise in rents as much as the product that is coming online and being included are higher-end properties,” said Laura Nelson, the executive director of the Apartment […]
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The internet is full of stories about people who have lost their jobs over social media posts. A few examples: • A PR executive for a racist tweet sent just before she boarded a flight to South Africa. Among the responses she got upon landing was a notification from her manager informing her she’d been […]
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Three framed pictures of fighter jets hang on the wall of Grinders Sandwich Company along with a large, wood-carved American flag and silhouetted service members. The restaurant’s chairs used to be filled with airmen from Peterson Air Force Base stopping in for their midday meal. Now those seats, along with others at nearby restaurants, sit […]
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There is a single mortgage lending document that comes with 1,000 pages of instructions banks are required to follow. “Banks are the most heavily regulated industry in the nation,” said Amanda Averch, director of communication for The Colorado Bankers Association. “[The association] is aware that the cost of compliance has become a much heavier burden […]
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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 U.S. manufacturing to be competitive […]
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Local hospital pharmacy departments are working to keep a growing, nationwide issue of drug shortages from affecting patient care. “We spend an extraordinary amount of time problem-solving and coming up with ways to mitigate any drug shortages the hospital is experiencing,” said Christopher Martin, the pharmacy manager at UCHealth Memorial Hospital Central. “Any hospital that […]
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School security is a rapidly growing business nationwide. According to CNNMoney, school districts are increasing their investments in video surveillance, entry control systems, training and security forces. Colorado Springs school districts are no exception. Although local districts don’t disclose the specifics of security measures such as placement of cameras, they want parents to know that […]
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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 European Union, Canada and Mexico, […]
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The number of single women buying homes is on the rise both nationally and locally. “At least in the past year to year and a half, the majority of my clients have either been a couple buying a home or single women,” said Larissa Bottenfield, a broker associate for Re/Max Integrity. “I’ve had some single […]
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It has always been a goal of the UCCS College of Business not only to train future business leaders but to aid working professionals in developing the skills to help their businesses and careers prosper. Now the university is making it easier for business professionals to access the courses that can benefit them, their companies […]
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An increase in commercial lending is a result of the area’s healthy economy. However, rising interest rates may slow businesses’ borrowing. “We have had a good, long sustained run of about eight or nine years that’s historically one of the longest economic cycles we’ve seen,” said Ralph Miller, the vice president of commercial loans at 5 […]
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Hold that five dollars. Giving to panhandlers can do more harm than good, service providers say, and the new HelpCOS campaign is promoting a better way to give. Launched May 31 by the city of Colorado Springs in partnership with Pikes Peak United Way, HelpCOS recognizes increasing frustration at panhandlers on the streets, doubts over […]
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