US debt default could trigger dollar’s collapse – and severely erode America’s political and economic might
It's a case of deja vu all over again on the debt ceiling debate.
economy
US is spending record amounts servicing its national debt – interest rate hikes add billions to the cost
Consumers and businesses aren't the only ones feeling the pain of higher borrowing costs because of Federal Reserve rate hikes. Uncle Sam is too.
Big economic boosts forecast for Arizona as Super Bowl LVII approaches
Super Bowl LVII is right around the corner, which means Arizona will see hefty spending and wide exposure because of the massive sporting event featuring the Kansas City Chiefs facing the Philadelphia Eagles.
December consumer spending declines; recession concerns remain
(The Center Square) - Consumer spending fell 0.2 percent in December from the previous month, the Commerce Department said Friday.
From the same month one year ago, the PCE price index - a closely watched measure of inflation - for December increased 5 percent. Prices for goods increased 4.6 percent and prices for services increased 5.2 percent.
Rural Americans aren’t included in inflation figures – and their cost of living may be rising faster
When the Federal Reserve convenes at the end of January 2023 to set interest rates, it will be guided by one key bit of data: the U.S. inflation rate. The problem is, that stat ignores a sizable chunk of the country - rural America.
New bill seeks to lift Colorado's rent control ban
Colorado Democrats introduced a bill this week to repeal the state's ban on rent control.
Denver's rental costs are falling
The average monthly rent for an apartment in Denver decreased by $32 during the third quarter, resulting in an annual savings of $384, according to the Apartment Association of Metro Denver.
Colorado sees 31-cent increase in gas price average
Colorado had the nation's highest increase in gas prices over the past week, as the average price increased by 31 cents.
U.S. debt default could cost 6 million jobs
An economic jolt on par with Great Recession could be around the corner if the U.S. defaults on its debt, according to an analysis from Moody's Analytics.
Colorado's unemployment rate, size of labor force declined in December
Colorado's unemployment rate dropped slightly in December and the size of the state's labor force declined, according to the state's Department of Labor and Employment.
