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Category Archives: Economy

Banks lead gains on Wall Street

Banks led the stock market higher Monday as investors anticipate that the Federal Reserve could raise interest rates this year from their historically low levels.

Down payment assistance is out there, but does it matter in Denver’s housing market?

Saving for a down payment can be a challenge, so challenging, in fact, that 25 percent of first-time buyers told the National Association of Realtors last year it was the most difficult part of the entire homebuying process.

Yellen suggests rate hike is coming but offers no timetable

Federal Reserve Chair Janet Yellen said Friday that the case for raising interest rates has strengthened in light of a solid job market and an improved outlook for the U.S. economy and inflation. But she stopped short of offering any timetable.

Hiring was healthy in past year in many U.S. swing states, including Colorado

Hiring has been strong in the past year in many presidential campaign swing states, a possible hurdle for GOP candidate Donald Trump, who has sought to capitalize on economic distress.

Record 1.3 million vehicles passed through Eisenhower Tunnel in July

The Colorado Department of Transportation confirmed a record number of commuters — more than 1.3 million — traveled through Eisenhower Johnson Memorial Tunnel along Interstate 70 during July, a 7 percent increase (almost 87,000 more cars) over the same month total for 2015.

Fed rate ambivalence a boon for exporters rallying twice S&P 500

While the Federal Reserve keeps trying to stimulate the U.S. economy, it’s actually companies that get a majority of their revenue from overseas that have benefited most.

Fund manager Q&A: Dividend stocks look better, if not good

Even fans of dividend-paying stocks acknowledge that they’re looking riskier, a result of their own success.

Hillary Clinton speaks on economics, seeks to undermine Donald Trump

Hillary Clinton sought to undermine the central premise of Donald Trump’s plan to bring relief to economically beleaguered Americans

Colorado Springs water park and resort set to open in late December

Great Wolf Lodge, an indoor water park and family resort in northern Colorado Springs, will open Dec. 26 — taking the place of a long-shuttered hotel that had been abandoned by a developer during the Great Recession.

U.S. adds a robust 255,000 jobs; unemployment stays 4.9 percent

U.S. employers added a healthy 255,000 jobs in July, a sign of confidence amid sluggish economic growth that points to a resilient economy.

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