Colorado saw no change in the state unemployment rate from June to July of this year, according to figures from the Colorado Department of Labor and Employment. The state added 3,200 nonfarm payroll jobs, for a total of 2.2 million people employed in the state, according to the monthly survey of business establishments. Government jobs […]
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More signs of economic weakness triggered a global sell-off in stocks Thursday. The Dow Jones industrial average fell more than 400 points in a return to the wild swings in the market last week. In the United States, there were reports that more people joined the unemployment line last week...
Oil prices rose 4.5 percent Tuesday on hopes that European leaders are closer to drafting a plan to contain the region's debt crisis. Investors are encouraged that another recession can be avoided and demand for energy products — from oil to diesel and gasoline — will improve if Greece does...
Dish Network Corp. posted another loss of subscribers from its slowly dwindling satellite-TV business, even as larger competitor DirecTV adds to its base. Investors, however, were cheered by the announcement of a $2 per share special dividend. Dish shares rose 80 cents, or 3.4 percent, to $24.28 in morning trading Monday...
Colorado Springs’ economy ranked 178th in economic growth among 515 large cities in the United States by WalletHub. Within the state rankings, Colorado Springs was listed 11th, behind Denver, Longmont, Boulder, Fort Collins, Greeley and others. The WalletHub study, 2015 Cities with the Fastest Growing Economies, used 10 significant metrics...
The national economy this year will continue to improve, following the slight upward trend of the 2014 economy, according to a certified financial planner with UMB Financial Corp. Business owners remain optimistic and will spend more money and hire more people this year, predicted KC Mathews. Mathews, executive vice president and chief investment officer at […]
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Stocks and the euro dropped sharply on Monday as investors worried that Europe's new pact aimed at fixing the continent's debt crisis would be insufficient. Markets had rallied on Friday, when the European Union adopted a new fiscal pact meant to prevent a repeat of the financial fiasco that is...
One-third of employees have lunch at their desk each day, and another third take no lunch at all, according to a new survey by Right Management. The company polled 751 workers in North America and asked how often they break for lunch. “Lunch patterns allow us to infer a few things...
Once wrecked, then patched up for several years, the economy locally continues to improve, rolling along at a modest pace. Not that the region — or the nation, for that matter — ought to expect robust growth any time soon, if ever. “The new normal” of economic growth, as Jim Paulsen, chief investment strategist at […]
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The Southern Colorado Economic Forum confirmed Friday that it has hired a new director to start this summer, relieving current directors Fred Crowley and Tom Zwirlein. Tatiana Bailey, who now works as an instructor at the University of Michigan and Walsh College, will become the Forum’s new director on June...
Economic growth in the Mountain States region has exceeded that of the national economy yet again. For the past two years, economic indicators have been higher than the national average, according to the Goss Institute for Economic Research. And in Colorado, the state’s economic indicators also advanced thanks to new orders,...
When the stock market is high, poised possibly to fail, and when interest rates are at rock bottom, where does a person invest his or her money? “The stock market is up 180 percent from the March 9, 2009 bottom,” said Certified Financial Planner Jeff Jensen. “They remember when they...