Tag: Inflation
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EDITORIAL: Colorado’s growing list of turnoffs
Colorado is now the nation’s fourth-most-expensive state to live in and third-least-attractive in which to open new businesses. Let those stats soak in. That’s No. 47 for affordability and No. 48 for new businesses per thousand residents. As The Gazette reports, the Colorado Chamber of Commerce’s Colorado Scorecard charted the state 34th in affordability just…
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Colorado revenue forecast worsens, pushing budget shortfall to nearly $1.5B
The latest revenue forecasts from economists at the state Capitol show that the state’s budget predicament has worsened — by hundreds of millions of dollars more. That, in turn, means cuts programs and services in next year’s fiscal budget will go much deeper. The state’s fiscal predicament also means no refunds for Colorado residents. Economists…
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EDITORIAL: Faulty policies make costly Colorado costlier
Life is far more costly in the post-pandemic landscape than it was back in 2019. That’s the unfortunate reality we live with today. But why? And why haven’t prices come back down? An expansive new report from the nonpartisan Common Sense Institute — “The Inflation Hangover: How the Post-Pandemic Price Surge Reshaped Affordability in America”…
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Poll: Gov. Jared Polis’ favorability rating drops below 50%
Gov. Jared Polis’ favorability rating has dropped below 50%, according to a recent poll. The November poll, conducted by the Colorado Polling Institute, surveyed 622 Colorado voters about a number of issues, including affordability, the state’s economy and their opinions on elected officials. Back in March, just over half of respondents said they held a…
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Wall Street coasts to the finish of its latest record-setting week
Wall Street tacked on some more gains as it glided to the finish of its latest record-setting week
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FTC sues Ticketmaster, saying it forces fans to pay more for concerts and events
The Federal Trade Commission and a bipartisan group of state attorneys general sued Ticketmaster and its parent company Thursday, saying they are forcing consumers to pay more to see live events through a variety of illegal tactics
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How the Fed’s rate cut impacts mortgage rates
The Federal Reserve just cut its benchmark rate for the first time since last year, but that doesn’t guarantee mortgage rates will keep dropping
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Bank of England voices inflation concerns as it holds main UK interest rate at 4%
The Bank of England has held its main interest rate at 4% as U.K. inflation concerns weigh on policymakers
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Bank of England holds main UK interest rate at 4% as inflation remains almost double its target
LONDON (AP) — Bank of England holds main UK interest rate at 4% as inflation remains almost double its target.
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Federal Reserve cuts key rate for first time this year
The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market