Gov. Jared Polis said Coloradans can pay their taxes using cryptocurrency, making good on a plan he announced earlier this year. “As of right now, the state of Colorado is officially accepting cryptocurrency as a
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U.S. wholesale inflation fell in July for 1st time in 2 years
WASHINGTON — Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy’s inflationary pressures cooled last month.
Read moreYellen downplays U.S. recession risk as economic reports loom
WASHINGTON — Treasury Secretary Janet Yellen on Sunday said the U.S. economy is slowing but pointed to healthy hiring as proof that it is not yet in recession. Yellen spoke on NBC’s “Meet the Press”
Read moreJohnstown snags Colorado’s first Buc-ee’s as it continues to grow along northern Front Range
Johnstown, home to Johnson’s Corner, a landmark truck stop, restaurant and purveyor of enormous cinnamon rolls, is on the grow. And one of the best indications is news that Texas-based Buc-ee’s is building a massive
Read moreEXPLAINER: Just how high is the risk of another recession?
WASHINGTON — Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve is making borrowing much costlier. And the economy actually shrank in the first three months of this year. Is the
Read moreUS economy shrinks, threats loom, but growth likely to last The Denver Post
By CHRISTOPHER RUGABER WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year, and faces threats from high inflation and rising interest rates, yet economists foresee a return to growth
Read moreU.S. economy shrank by 1.4% in Q1 but consumers kept spending The Denver Post
By CHRISTOPHER RUGABER WASHINGTON (AP) — The U.S. economy shrank last quarter for the first time since the pandemic recession struck two years ago, contracting at a 1.4% annual rate, but consumers and businesses kept
Read moreStocks edge higher on Wall Street, head for weekly losses The Denver Post
By DAMIAN J. TROISE Stocks were mixed to slightly higher in midday trading on Wall Street on Friday, as gains in energy companies were offsetting declines in big technology companies like Nvidia and Twitter. The
Read moreInflation will peak this year and outpace wage growth, Colorado analysts project
Consumers in Colorado, as around the country and world, are up against steeper increases in the price of goods and services than have been observed since the 1980s, legislative analysts told state lawmakers Thursday. Average
Read moreUS inflation soared 7.9% in past year, a fresh 40-year high The Denver Post
WASHINGTON — Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
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