UPS expects the global economy to get worse before it gets better. Again.   The world’s largest package delivery company is more pessimistic about U.S. growth than many economists. It predicts global trade will grow even slower than the world’s economies — a trend not seen since the recession. It’s making cuts in its […]
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Construction companies are taking out more single family permits. Consumers are feeling more confident. And, people are buying more cars. Three indicators, described in the Quarterly Update by the Southern Colorado Economic Forum, show the local economy has continued its growth since the summer of 2011. The best performance indicators were new single family permits, […]
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Outgoing chairman of the Federal Reserve, Ben Bernanke, spoke to a crowd of educators on Wednesday about financial literacy, the economy and the importance of teachers. In a live-streamed event from Washington, D.C., Bernanke oversaw a program billed as a “Teacher Town Hall: 100 Years of the Federal Reserve,” as reported by Michele Molnar in […]
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A strong report on manufacturing is giving the dollar a slight boost ahead of a key U.S. jobs report for August. The Commerce Department says that factory orders climbed 2.4 percent in July, the largest increase since March. That helps ease some fears about the economy. Worries that the U.S. is...
  The latest signs of a rebound in the housing market and a handful of better earnings reports were enough to bring buyers back to the stock market Wednesday.   The Dow Jones industrial average rose 69 points to 12,874 in the first 1 ½ hours of trading, overcoming an early deficit...
Rising health care costs and disappearing pensions have led to nationwide unease about retirement savings, and while local experts say the Pikes Peak region is in better shape than some parts of the country, Colorado residents are not immune to those concerns. According to AARP’s Colorado Retirement Security Survey, released in April, registered voters in […]
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