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Predictions of impending disasters, such as Y2K or recessions, cause investors to make irrational investment choices for which they often suffer severe financial losses. “There is a tendency in humans to think the worst of times is just around the corner,” said Bud Rainsberger, president and founder of Rainsberger Wealth Advisors. “Stock market gains, coming out of a recession, tend to be robust.
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Members of the Federal Financial Institutions Examination Council and the Conference of State Bank Supervisors are sharing their experiences from Hurricane Katrina. The organizations have released “Lessons Learned from Hurricane Katrina: Preparing Your Institution for a Catastrophic Event.”
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Athletic trainers, midwives, barbers, travel guides, milk samplers and emergency medical technicians are on the list of 34 occupations requiring licenses in Colorado, but every state has a different list of licensed occupations and different requirements for them. These disparities often create headaches for workers who want to move to a new state and continue […]
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The University of Colorado Boulder’s Silicon Flatirons Center for Law, Technology and Entrepreneurship this fall will pilot a new Entrepreneurs In Residence program to bring mentorship to students and allow entrepreneurs domestically and from around the world to be part of Colorado’s vibrant startup community. The program joins an array of established startup resources at […]
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One of Colorado Springs’ own will be refereeing the state’s banking industry. The Department of Regulatory Agencies appointed Steve Strunk, president of Kirkpatrick Bank in Colorado Springs, as Colorado’s new banking commissioner, beginning April 12. It has been more than a year since Colorado has had a banking commissioner. “You only get an opportunity like […]
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Maxx HD Sunglasses was presented the “People’s Choice Award” at the 7th Annual Excellence in Local Industry Awards Tuesday. For the first time in the awards’ history, attendees to the event were allowed to choose between two local companies for the People’s Choice Award. It was RT Logic, a signal processing systems company founded in […]
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Lower commercial real estate vacancy rates led to higher rents in the second quarter of 2017, compared to the first quarter of the year, according to the latest Colorado Springs market numbers. Caleb David, broker at Cameron Butcher Commercial Real Estate, said increased demand over the summer is fueling rent hikes. “We’ve seen rates go […]
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Colorado is part of a $34.5 million multi-state settlement with GE Funding Capital Market Services, according to the state’s attorney general’s office. The settlement involved allegations that the company engaged in anticompetitive conduct in the municipal bond derivatives industry, said Attorney General John Suthers. The settlement is a component of a $70 million coordinated state […]
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Years have passed since the 2006 inception of the Manitou Springs Urban Renewal Authority, with relatively little to show for its efforts. But according to Mayor Marc Snyder, who also serves on the URA board, those efforts could be picking up as soon as this year. “Unfortunately [the URA’s beginnings] coincided with the Great Recession, […]
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Engineering company Bal-Seal plans to build a $45 million, 137,000-square-foot manufacturing plant in Colorado Springs that the company says will create 210 jobs during the next five years. The Colorado Springs City Council approved an incentive deal Nov. 29 for Bal-Seal. In exchange for the intent to create jobs, the company received $543,000 in tax […]
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Over 900 guests attended Peak Vista Community Health Centers’ tenth annual Breakfast of Champions Tuesday. Attendees heard from numerous community members, as well as President and CEO Pam McManus and four-time Olympic gold medalist Venus Williams. Williams served as keynote speaker and emphasized that focus and dedication – along with family influence – were key […]
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Pikes Peak region has the 2-1-1. Since its inception in 2004, the three-digit phone number has assisted more than 156,000 local residents of El Paso, Teller, Chaffee, Cheyenne, Lincoln and Park counties, as well as the San Luis Valley, in navigating the complex maze of health and human service providers in their communities. This year […]
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