Colorados population kept growing last year with help from immigration

Stronger international immigration after the easing of pandemic restrictions helped boost population gains in the U.S. and Colorado during the past year, but growth overall remains subdued, according to newly released population estimates from the U.S. Census Bureau. “There was a sizeable uptick in population growth last year compared to the prior year’s historically low increase,” said Kristie Wilder, a […]

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New business filings increase unexpectedly in Colorado

Colorado residents registered more businesses in the third quarter than they did in the second, a positive sign for future job gains in the state. But business dissolutions and delinquencies are also on the rise, a sign of economic stress, according to the Quarterly Economic Indicators Report from the University of Colorado Boulder and the Colorado Secretary of State. Colorado […]

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Colorados outdoor recreation boom collides with elk herd, report says

Along with heading to the mountains to see the gold aspen leaves, a must-do for a lot of Coloradans in the fall is to hear bull elk bugle. The male elk’s high-pitched bellow signals the start of the rut — mating season — and is a beckoning call for wildlife-watchers and a harbinger for hunters of the chase to come. […]

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Higher inflation and rising interest rates weigh on business confidence in Colorado

Business leaders’ expectations for the fourth quarter soured slightly, but they aren’t worsening when looking ahead to the start of next year, according to the quarterly Leeds Business Confidence Index from the University of Colorado Boulder. The LBCI looks at six measures — the outlook for the Colorado and U.S. economy, as well as expectations for sales, profits hiring and […]

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Powell’s stark message: Inflation fight may cause recession – The Denver Post

WASHINGTON — The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession. Speaking at a news conference, Chair Jerome Powell acknowledged what many economists have been saying for months: That the Fed’s goal of engineering a “soft landing” — in which it would […]

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Most Americans believe a recession is on the horizon

Seven in 10 U.S. consumers see an economic downturn ahead, assuming one hasn’t already started. But awareness doesn’t equal preparedness — two in three admit they aren’t ready for what they think is coming, according to a survey from MagnifyMoney, a personal finance website. “When you are living paycheck to paycheck and seeing everything around you go up in price […]

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U.S. inflation hit 8.3% last month but slows from 40-year high – The Denver Post

By CHRISTOPHER RUGABER WASHINGTON (AP) — Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households. Consumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday. That was below the 8.5% year-over-year surge in March, which was […]

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Stocks edge lower on Wall Street, head for weekly losses – The Denver Post

Stocks edged lower in morning trading on Wall Street Friday, weighed down by more drops in chipmakers and other technology companies. The S&P 500 fell 0.4% as of 10:20 a.m. Eastern. The benchmark index is in the red for the week following three straight weekly gains. The Dow Jones Industrial Average rose 23 points, or 0.1%, to 34,607 and the […]

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A key inflation gauge sets 40-year high as gas and food soar The Denver Post

WASHINGTON — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.4% in February compared with a year ago, with sharply higher prices for food, gasoline and other necessities squeezing Americans’ finances. The figure reported Thursday by the Commerce Department was the largest year-over-year rise since January 1982. Excluding volatile prices for food and energy, so-called core […]

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