“Memory Lane” takes a stroll through financial history because the economy has a funny habit of repeating itself. Buzz: Mortgage rates have run below the inflation rate for 21 months, breaking a record-setting streak from nearly a half-century ago. Source:…
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Ten insurance companies agree to help Marshall fire victims with coverage
Ten insurance companies doing business in Colorado agreed this week to extend coverage another year for Marshall fire victims who need temporary living expenses while they rebuild homes. The agreement provides another year of benefits for 49 homeowners, according to…
Wells Fargo to pay $3.7B over consumer loan violations
By KEN SWEET WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well…
South Korea flags economic slump deepening for while
FILE PHOTO: South Korea Finance Minister Choo Kyung-ho attends the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, Bali, Indonesia, 16 July 2022. Made Nagi/Pool via REUTERSSEOUL (Reuters) – South Korea on Monday flagged a deeper economic…
Occidental Petroleum, partners get $9M federal award for geothermal project
A Colorado project aimed at advancing techniques to tap geothermal energy will receive approximately $9 million in federal funding. The Department of Energy said Wednesday that Occidental Petroleum, the Colorado School of Mines and the National Renewable Energy Laboratory in…
Colorado grocery shoppers are soon guaranteed cage-free eggs as 2023 transition approaches, with mixed industry reaction
A state law requiring that all eggs sold in Colorado’s grocery stores be cage-free goes into effect on Jan. 1, and businesses, producers and consumers will all feel the impact of the change. The regulatory agency overseeing the transition expects…
Amid deal with King Soopers parent company, Albertsons urged to pause payout
By Sabrina Willmer Albertsons Cos. should hold off on a $4 billion dividend payment to shareholders while a pending merger with Kroger Co. is reviewed, Washington, D.C., Attorney General Karl Racine said on behalf of a bipartisan group of attorneys…
A Musk retweet: Tesla CEO says hell pay $44B to buy Twitter The Denver Post
By TOM KRISHER, MATT O’BRIEN and RANDALL CHASE The tumultuous saga of Elon Musk’s on-again off-again purchase of Twitter took a turn toward a conclusion Tuesday after the mercurial Tesla CEO proposed to buy the company at the originally agreed-on…
The Basketball Social House opening hoops, courts in Centennial
Jimmy Bemis and Matt Barnett fell out of touch after playing on a local high school club basketball team together in the early ‘90s. Almost 30 years later, the pair reconnected when their 13-year-old sons joined the same club basketball…
Inflation, spending cuts undermine Biden's hunger policy
CHICAGO (Reuters) – Grace Melt made her first visit to the Nourishing Hope food pantry on Chicago’s North Side in August. Throughout the COVID-19 pandemic, she used food stamps issued by the federal government to buy groceries while out of…