It’s dawning on stock investors that they were wrong about the Federal Reserve. After rallying behind a resilient economy, slowing inflation and the hope that the central bank would soon end its interest-rate increases, stock trading has grown jittery. The S&P 500 is up just 1 percent in February, having drifted sideways since it peaked […]
TOKYO — Shoichiro Toyoda, the chief of the automotive giant Toyota, who led the company as it expanded production into North America in the 1980s and helped transform it into a global brand, died on Tuesday. He was 97. He died from heart failure, Toyota said in a statement. The statement did not say where […]
Latvian roofing companies and South Korean trade specialists. Fuel cell manufacturers from Denmark and timber producers from Austria. Private equity titans from New York and concrete plant operators from Germany. Thousands of businesses around the globe are positioning themselves for a possible multibillion-dollar gold rush: the reconstruction of Ukraine once the war is over. Russia […]
A pair of Colorado entrepreneurs are fighting the stigma around women’s sexual wellness through their Jamestown-based company Lark Love. Rainbow Shultz and Corrie Bradley launched the business — which sells personal lubricants, body oils, perfume rollers, face care products and more — in 2019. The business idea largely started as a joke between friends. As […]
LONDON (Reuters) – Major central bank interest rates moves were off to a tepid start in January with a single hike by Canada but the pace will speed up again in February with policy makers in the U.S., Britain and the euro zone out of the starting blocks already.FILE PHOTO: U.S. Federal Reserve Chair Jerome […]
The parent company of Durango’s Purgatory Resort recently expanded to the global ski market as the new majority owner of the largest ski resort in the Americas: Valle Nevado in Chile. It’s the first international resort for Mountain Capital Partners, which manages ski resorts and mountain bike parks in Colorado, New Mexico, Arizona, Utah and […]
Guatemalan workers left in a lurch without pay after the Colorado Mushroom Farm collapsed into bankruptcy are exploring a remedy to regain their jobs and boost the San Luis Valley’s ailing economy: run the company themselves as a worker-owned cooperative. A recent survey by Rocky Mountain Employee Ownership Center found 80% of the farm workers […]
An Apple logo is pictured in an Apple store in Paris, France September 17, 2021. REUTERS/Gonzalo Fuentes(Reuters) -Apple Inc on Tuesday unveiled new MacBooks powered with the latest M2 Pro and M2 Max chips made in-house, in a surprise announcement ahead of its traditional launch event. The Mac mini starts at $599, cheaper than the […]
As we start 2023, many investors are pondering how to deal with markets as we exit one of the more difficult years in financial market history. What made 2022 so tough was the combined declines in both the stock and bond markets, which is quite rare. There is no doubt we are in unusual times, […]
Gov. Jared Polis is temporarily lifting regulations on the trucking industry to alleviate potential gas shortages and price increases after Suncor Energy announced it was shutting down its Colorado refinery until further notice following a series of malfunctions related to cold weather. Polis issued an emergency declaration over the weekend to allow truck drivers carrying […]