Colorado’s economy continues to outperform expectations, spurred on by tax revenue from stock sales, although unemployment remains high, state economists told lawmakers Monday.
It may feel that we are watching our elected leaders allow our country to plummet off of the fiscal cliff. But in reality, we are simply watching the art of negotiation.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
The job market is being flooded with new college graduates, and although hiring isn’t back to pre recession levels, the prospects for new grads seeking jobs are brighter than in the past few years.
Thousands are converging in Downtown Denver for the Great American Beer Festival this weekend. The craft brewing business seems to be untouched in tough economic times.
The downturn in real estate at a time of high unemployment, foreclosures and bankruptcies led to five Colorado bank failures this year that could cost the nation’s deposit insurance fund about $1 billion, or about one-fifth of the fund’s overall losses in 2011.
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