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Budget uncertainty hurts business, government

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When asked to compare my experience as a senior business executive with my time as an Air Force general officer, my response is that the two are not all that different. People matter most; leadership with clear goals is essential; assessing risk and reward is a constant requirement. Another common thread: Stability and predictability are… Continue Reading Budget uncertainty hurts business, government

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Forum evaluates stocks in favorable tone

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Jovial best describes the mood of the audience and Tom Naughton, Southern Colorado regional president, at a recent U.S. Bank Economic Forum breakfast at the Antlers Hilton. Norman Alvis, senior portfolio manager for the bank, zipped through an investment outlook that kept people on the edge of their seats. Some highlights: Markets move in phases.… Continue Reading Forum evaluates stocks in favorable tone

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Local economy gears up to climb

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Once wrecked, then patched up for several years, the economy locally continues to improve, rolling along at a modest pace. Not that the region — or the nation, for that matter — ought to expect robust growth any time soon, if ever. “The new normal” of economic growth, as Jim Paulsen, chief investment strategist at… Continue Reading Local economy gears up to climb

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Our area’s own fiscal cliff

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As the nasty rhetoric and sputtering negotiations finally began leading toward a deal this week in Congress, ending the government shutdown and averting a potentially larger financial trauma over the federal debt ceiling, you could sense a huge exhale of relief across much of Colorado Springs and the Pikes Peak region. Nobody was saying so,… Continue Reading Our area’s own fiscal cliff

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Across the nation, unemployment rates were lower in August than the prior year in 311 of 372 metropolitan areas, higher in 47 areas, and unchanged in 14 areas, the U.S. Bureau of Labor Statistics reported Monday. Although 28 metropolitan statistical areas had jobless rates of at least 10 percent, 41 had rates of less than 5 percent–and 288… Continue Reading BLS shows unemployment largely declining across nation, state

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Colorado has $1.6 billion extra to spend this year, said House Minority Leader Brian DelGrosso, R-Loveland, and the state needs to devote dollars to rebuild infrastructure destroyed by this year’s flooding and wildfires. At a legislative breakfast sponsored by the Colorado Springs Business Journal, DelGrosso appeared as a panelist, along with Colorado Springs representatives Bob… Continue Reading Congeniality, not sparks, sets the mood at political breakfast

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Ingenuity challenge finalists chosen

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Five finalists were named in the Ingenuity Challenge grant program through Pikes Peak Community Foundation. The $10,000 grant is earmarked for a project that will positively impact the Pikes Peak region, said Kate Singh, communication & event manager for the foundation. Voting will close on Oct. 22, and the winner will be announced Oct. 24. The… Continue Reading Ingenuity challenge finalists chosen

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Despite 2010 bill, payday loans continue

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Despite 2010 bill, payday loans continue

Your dog needs emergency surgery but you don’t have the cash. And your next payday isn’t for another couple of weeks. One possible solution, if you want your pooch to thrive, is to apply for a payday loan to get quick cash. You’ll come away with a healthy dog, but you’ll pay high interest rates… Continue Reading Despite 2010 bill, payday loans continue

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More than 7,000 Colorado jobs added in December

The employment picture in the state continues to present interesting trends, including a slightly better unemployment rate than the country but a loss of government jobs. Employers in Colorado added 7,100 nonfarm payroll jobs from December to January and the state’s unemployment rate improved, now slightly better than the national rate, according to data released… Continue Reading More than 7,000 Colorado jobs added in December

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Beer pours millions to state’s economy

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Beer pours millions to state’s economy

Colorado beer distributors are making a big splash in the state’s economy, according to a new economic impact study by the National Beer Wholesalers Association. Colorado beer distributors directly employ 2,457 people and they generate $987 million in total economic impact. The association’s report is titled,  America’s Beer Distributors: Fueling Jobs, Generating Economic Growth &… Continue Reading Beer pours millions to state’s economy

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