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  World stock markets dropped sharply Monday as worries intensified over the condition of the eurozone and whether Greece is edging towards exiting the single currency union.   In Athens, Greek party leaders struggled for a ninth day to form a coalition government. As the political wrangling dragged on, markets contemplated the threat that the… Continue Reading World stocks drop as worries over Greece intensify

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  Investors pulled money from U.S. stock mutual funds and added to bond funds in April as the stock market had its first losing month of the year. But investors were clearly willing to take on some risk, as funds investing in foreign stocks attracted new cash.   Investors withdrew a net $5.7 billion from… Continue Reading Investors retreat from US stock mutual funds

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Some small business owners say they are having an easier time getting credit now than in recent years. The result of having credit has helped them stay open, hire more people and expand services, according to a Wells Fargo-Gallup Small Business Index survey released this week. Since January, the number of small business owners who… Continue Reading Small businesses feel better about access to credit

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Wells Fargo: Economy mending, but slowly

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The economy – both nationally and locally – is on a slow mend, but no economist in the world is ready to proclaim “mission accomplished,” said a senior economist for Wells Fargo. Continue Reading Wells Fargo: Economy mending, but slowly

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A Denver-based financial planner has launched a free website for people who may find themselves facing bankruptcy. Kenneth Nierman, owner and principal for Adversity Financial Planners LLC, set up the Center for Bankruptcy Planning website. The site allows free access to short topic questions and informative videos. While bankruptcy laws are federal, and common to all states,… Continue Reading New bankruptcy site provides planning information

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Small businesses will soon have a new weapon in their arsenal – a free, online training curriculum for new and aspiring business owners. Sponsored by the Federal Deposit Insurance Corp. and the U.S. Small Business Administration, the program is known as “Money Smart for Small Business.” The training curriculum provides an introduction to day-to-day business… Continue Reading SBA, FDIC team up for new small biz training course

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Colorado credit unions are hoping that the U.S. Senate will vote this week on a proposal to lift caps on small business loans, which would free up as much as $260 million. Continue Reading Credit unions hoping for Senate vote on small business lending

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Before you start to feel like you have forgotten something big — something you were supposed to by April 15, remember that tax filings are not due this year until April 17. Usually, the big tax day, and rush to get them in, is April 15. But, this year, the extra time was granted because… Continue Reading Don’t fret yet, one more day to file tax returns

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Small businesses aided by new lending fund

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Some businesses in Colorado are getting more loans than in recent years under a new Small Business Lending Fund. The U.S. Department of the Treasury released a report this week showing that Colorado banks have increased their small business lending by $79.4 million since receiving capital through the fund. The SBLF was established as part… Continue Reading Small businesses aided by new lending fund

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Banks launch effort to reverse image

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Colorado bankers have launched a campaign that attempts to reverse their image as the tight-fisted scrooge holding up the progress of small business. Continue Reading Banks launch effort to reverse image

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