Economy
Metro Denver’s inflation rate is dropping but at a slow pace
August 11, 2023
Metro Denver’s inflation rate is coming down, but not as quickly as it is in other major cities or in the country as a whole, with stubborn housing
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Economy
Is it a “richcession”? Or a “rolling recession”? Or maybe no recession at all?
June 28, 2023
WASHINGTON — The warnings have been sounded for more than a year: A recession is going to hit the United States. If not this quarter, then by next
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Economy
Who is eligible for Biden’s student loan debt forgiveness?
August 24, 2022
After months of rumor and speculation, President Joe Biden announced the details on a broad vision for student loan debt repayment and debt cancellation on Wednesday. Through an
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Economy
U.S. wholesale inflation fell in July for 1st time in 2 years
August 11, 2022
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
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Economy
Powell expects a quarter-point Fed rate hike this month – The Denver Post
March 2, 2022
By CHRISTOPHER RUGABER WASHINGTON (AP) — Chair Jerome Powell said Wednesday that he supports a traditional quarter-point increase in the Federal Reserve’s benchmark short-term interest rate when the
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Economy
Dow drops 1,000 points as markets extend slide in 2022 – The Denver Post
January 24, 2022
By DAMIAN J. TROISE NEW YORK (AP) — The Dow Jones Industrial Average dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures
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Economy
Fed’s Powell: High inflation poses a threat to job market
January 11, 2022
WASHINGTON — Warning that high inflation could make it harder to restore the job market to full health, Federal Reserve Chair Jerome Powell said Tuesday that the Fed
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Economy
Binance among firms stymied by Singapore's money-laundering rules
December 17, 2021
SINGAPORE (BLOOMBERG) – Binance Asia Services, which recently withdrew an application to offer cryptocurrency services in Singapore, did not meet the central bank’s criteria for safeguarding against money laundering
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Economy
US dollar near one-week high amid hawkish Fed hopes, Omicron fears
December 14, 2021
TOKYO (REUTERS) – The United States dollar traded near a one-week high versus a basket of major rivals on Tuesday (Dec 14), supported by expectations of a hawkish
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Economy
Beijing's bid to rival US as debt haven at risk after crackdowns
December 11, 2021
(BLOOMBERG) – To a world full of fixed-income investors starved of safe assets with attractive yields, China’s government bonds had become a tempting sight in recent years. However,
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