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Japan May real wages post biggest drop in nearly 2 years on inflation

07/05/2022 Business

TOKYO (Reuters) – Japan’s real wages extended a decline in May to post the biggest year-on-year drop in nearly two years, government data showed on Tuesday, as consumer inflation hovering near a seven-year-high outpaced nominal

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Road to Retirement: Crypto crash offers lessons for investors

07/03/2022 Business

Regardless of whether you believe that cryptocurrencies will play a role in the future of finance, the recent collapse in price for some crypto assets offers important lessons for investors. This is particularly true for

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Colorados cannabis industry prepares for tough times as U.S. recession looms

06/28/2022 Business

Colorado’s cannabis industry is preparing for tough times as marijuana sales drop and economic problems pile up. During the COVID-19 pandemic lockdowns, weed businesses serviced consumers eager to stock up on their favorite edibles, concentrates

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BOJ maintains ultra-low rates, warns against sharp yen falls

06/17/2022 Business

TOKYO (Reuters) -The Bank of Japan maintained ultra-low interest rates on Friday and its guidance to keep borrowing costs at “present or lower” levels, signaling its resolve to focus on supporting the economy’s tepid recovery

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Spirit Air engages with JetBlue ahead of shareholder vote

06/14/2022 Business

NEW YORK — Spirit Airlines, the target of a budget airline bidding war, said Tuesday that its board has been in talks with JetBlue about last week’s buyout offer while remaining engaged with Frontier Airlines,

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China's producer inflation eases to 14-month low in May

06/10/2022 Business

BEIJING (Reuters) – China’s factory-gate inflation cooled to its slowest pace in 14 months in May, official data showed on Friday, depressed by weak demand for steel, aluminium and other key industrial commodities due to

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Denver International Airport: IHG Hotels & Resorts opens first Colorado hotel

06/09/2022 Business

Those staying near the Denver International Airport will have a new hotel option: the city’s first Atwell Suites. IHG Hotels & Resorts, a global hotel company with well-known brands like Holiday Inn, InterContinental and more,

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Frontiers latest bid for Spirit has been backed by investor-advisory firm

06/03/2022 Business

NEW YORK — The decision by Frontier Airlines to sweeten its offer for Spirit Airlines paid dividends Friday when an investor-advisory firm recommended the deal to Spirit shareholders. Glass Lewis supported the deal after Frontier

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Biden, Fed Chair Powell to meet as inflation weighs on consumers

05/31/2022 Business

(Reuters) -U.S. President Joe Biden will meet Federal Reserve Chair Jerome Powell on Tuesday as historic inflation drains Americans’ pocketbooks.FILE PHOTO: U.S. President Joe Biden announces the nomination of Federal Reserve Chair Jerome Powell for

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Wall Street rallies, snaps longest weekly losing streak in decades

05/27/2022 Business

NEW YORK (Reuters) – Wall Street closed sharply higher on Friday as signs of peaking inflation and consumer resiliency sent investors into the long holiday weekend with growing optimism that the Federal Reserve will be

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Hot News
EXPLAINER: Just how high is the risk of another recession?

US economy shrinks, threats loom, but growth likely to last The Denver Post

U.S. economy shrank by 1.4% in Q1 but consumers kept spending The Denver Post

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

Inflation will peak this year and outpace wage growth, Colorado analysts project

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