economy
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Trump to welcome Argentina’s President Milei as US extends $20 billion lifeline
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WASHINGTON (AP) — Argentina’s libertarian leader is lavishing praise on Donald Trump ahead of his first White House meeting with the U.S. president on Tuesday. The effusive declarations are nothing new for Argentinian President Javier Milei — whose dramatic cuts to state spending and attacks on “woke leftists” have won him a following among U.S.…
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Pikes Peak region schools taking steps to address workforce gaps
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Colorado is grappling with an education importation problem that will become more acute as time goes on. Colorado has been the No. 1 net importer of young professionals among all 50 states, according to data gathered by Bill Craighead, the director of the University of Colorado Colorado Springs Economic Forum. Administrators at area high schools…
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Colorado’s fiscal future continues to be clouded by tariffs, revenue drops and recession fears
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State economists on Monday presented continuing data that shows a weakened economic outlook for Colorado and continued risks for a near-term recession. The Joint Budget Committee, comprised of six lawmakers from the General Assembly who annually craft the state budget, saw at least some encouraging signs. The committee’s four Democrats lauded last month’s special session,…
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Colorado Sen. John Hickenlooper, Western Slope business leaders talk about access to capital, tariffs
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U.S. Sen. John Hickenlooper joined a group of business leaders from the Western Slope on Friday, when they talked about the economic transformation of the region, as well as the challenges it faces, including access to financial capital and limited workforce. “Grand Junction was supposed to be dead and gone twenty years ago,” Hickenlooper told…
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Gov. Jared Polis says Trump’s tariffs policy is disrupting Colorado’s exports, jobs
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A report released Thursday by Colorado’s governor said President Donald Trump’s tariffs policy is disrupting the state’s economy and courting a recessionary scenario. State economists have, in fact, been sounding the risk of a scenario for a year — preceding both the White House’s tariffs changes and the congressional budget that Democrats blamed for Colorado’s…
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Wall Street rises toward records on hopes for lower interest rates
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Stan Choe/AP Business Writer NEW YORK (AP) — The U.S. stock market is rallying toward records on Tuesday after data suggested inflation across the country was a touch better last month than economists expected. The S&P 500 rose 0.8% and was on track to top its all-time high set two weeks ago. The Dow Jones Industrial Average was up…
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5 risks to Colorado’s economy state officials are watching
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Fears of a recession are fading as the nation’s – and Colorado’s – economy continue to beat expectations. Looking forward into 2024, Colorado’s Office of State Planning and Budget (OSPB) forecasts national economic growth to be better than originally thought based on strong consumer spending at the end of 2023. The economy is expected to make a…
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5 risks to Colorado’s economy state officials are watching
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by
Fears of a recession are fading as the nation’s — and Colorado’s — economy continue to beat expectations. Looking forward into 2024, Colorado’s Office of State Planning and Budget (OSPB) forecasts national economic growth to be better than originally thought based on strong consumer spending at the end of 2023. The economy is expected to make a…
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5 risks to Colorado’s economy state officials are watching
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by
Fears of a recession are fading as the nation’s — and Colorado’s — economy continue to beat expectations. Looking forward into 2024, Colorado’s Office of State Planning and Budget (OSPB) forecasts national economic growth to be better than originally thought based on strong consumer spending at the end of 2023. The economy is expected to make a…
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Optimism among small businesses below average for 20th month in a row: Report
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Attitudes among small business owners have been bleak for nearly two years straight, according to a new national report. The National Federation of Independent Business’ monthly small business optimism index decreased by 0.6 of a point last month, reaching 91.3. This marks the 20th consecutive month optimism rates fell below the 49-year average of 98. The…