by Staff Writer Published: November 2,2011
Tags: data, economy, FEd, oil prices
Oil is rising as investors turned their attention from Europe’s debt struggles to encouraging news about the U.S. economy. Benchmark crude rose $1.01 to $93.20 per barrel on Wednesday morning in New York, while Brent crude added $1.68 at $111.22 in London. Prices rose following a report that said the private sector added 111,000 jobs in October. [...] [...]
by Amy Gillentine Published: November 1,2011
Tags: Colorado, economy, Growth, Mountain States
For the last two years, the economic indicators for the Western region have advanced above the neutral zone of 50.0 – thanks in no small part to the growth in energy, exports and agriculture. The Mountain States region includes Colorado, Utah and Wyoming, and that region is performing above the national average, according to the business [...] [...]
by Amy Gillentine Published: September 27,2011
Tags: donations, economy, nonprofits
Nearly 96 percent Coloradans gave to charity last year –with three in four giving because they were asked to by someone they know. The Colorado Nonprofit Associations says their report shows Coloradans continue to give, despite tough times. Women and younger people are more likely than others to give and more than half support nonprofits that have [...] [...]
by Associated Press Published: September 14,2011
Tags: business inventories, economy, weak growth
U.S. businesses added to their stockpiles in July for a 19th straight month and their sales increased by the most since March. The Commerce Department says business inventories rose 0.4 percent in July following a similar gain in June. Business sales increased 0.7 percent in July. The strong month for inventory growth shows businesses were confident in [...] [...]
by Amy Gillentine Published: September 1,2011
Tags: economic growth, economy, Mountain States, unemployment
The economy in the mountain states of Colorado, Utah and Wyoming continues to grow, but that growth has slowed slightly, according to the Business Conditions Index put out by the Goss Institute for Economic Research. For nearly two years, the indicators show growth above neutral. The overall index slipped to 56.8 this month from 57.4 in [...] [...]
by Associated Press Published: August 29,2011
Tags: Alan Krueger, economy, Jobs, Obama
President Barack Obama tapped labor economist Alan Krueger for a top administration post Monday, rounding out his White House economic team ahead of a highly-anticipated announcement next week on a new jobs initiative. Obama announced Krueger’s nomination to chair the White House Council of Economic Advisers in a Rose Garden ceremony Monday morning. The president said [...] [...]
by Associated Press Published: August 26,2011
Tags: Bernanke, economy, uncertainty
Federal Reserve Chairman Ben Bernanke signaled Friday that Congress must do more to promote growth, or risk delaying the U.S. economy’s return to full health. Bernanke proposed no new steps by the Fed to boost the economy. But at a time when Congress has been focused on shrinking long-run budget deficits, he warned lawmakers not to [...] [...]
by Associated Press Published: August 23,2011
Tags: early trading, economy, gold, Stocks
Stocks moved higher early Tuesday for the second day in a row, led by technology companies. Cisco Systems Inc. rose the most of the 30 stocks in the Dow Jones industrial average, gaining 2 percent. Microsoft Corp. and Oracle Corp. also rose 2 percent. Bank of America Corp. sank more than 3 percent, the worst in the [...] [...]
by Associated Press Published: August 22,2011
Tags: economy, salaries, small raises, survey
A new survey says salaried U.S. workers can expect another year of modest raises in 2012. After increasing salaries by 2.6 percent this year and last year, companies are planning a 2.8 percent bump in 2012, benefits and human resources consultancy Towers Watson reported Monday. That’s somewhat smaller than raises in the last decade. From 2000 to [...] [...]
Oil prices are mixed Monday as a rebellion in oil-rich Libya appeared close to ending. The ouster of Libyan leader Moammar Gadhafi’s could allow the nation to resume oil exports, which have stopped during the country’s six-month conflict. That could ease global supply constraints that drove fuel prices to three-year highs earlier this year. But experts say [...] [...]
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