Analysts warn K-shaped economy is widening in the U.S.
Analysts warn the K-shaped economy is widening as higher-income Americans gain and lower-income households face weaker wages, rising prices and slowing hiring.
Analysts predict record Cyber Monday spending despite uncertainty
Analysts predict record Cyber Monday spending as Adobe forecasts up to $14.2B in online sales despite economic uncertainty, tighter budgets and rising prices.
US stocks slip as bitcoin plunges and yields rise
U.S. stocks ended a six-day streak as bitcoin tumbled and Treasury yields climbed. Investors weighed Fed rate-cut hopes, global market shifts and crypto losses.
US mortgage rates fall to 6.23% after three-week climb
The average US 30-year mortgage rate fell to 6.23 percent after a three-week rise as Treasury yields declined, offering buyers slight relief despite ongoing affordability challenges.
US unemployment claims fall as layoffs stay low
US unemployment claims dropped to 216,000 last week, signaling low layoffs despite recent job cuts at major companies. Data shows a slowing economy and easing inflation.
Foreign sellers struggle as US shoppers face new tariff costs
Foreign small businesses are losing US customers after the de minimis exemption ended, raising tariffs and fees on cross-border orders as the holiday shopping season begins.
US retail sales rise slightly as consumers pull back in September
US retail sales rose 0.2 percent in September as consumers eased spending after strong summer gains. Economists say inflation, weak hiring, and tariffs are weighing on demand.
Consumer confidence falls as high costs unsettle Americans
U.S. consumer confidence fell sharply in November as inflation, weak hiring and the recent government shutdown made Americans more cautious about the economy.
Colorado report warns tariffs hurting businesses and agriculture
A new Colorado report finds federal tariffs are raising costs, disrupting planning and straining businesses and agriculture across the state, prompting calls for action.
Wall Street swings as stocks rally to cap volatile week
U.S. stocks surged as the S&P 500 jumped 1.5% after days of turbulence, driven by Fed rate cut hopes, tech stock swings and global market volatility.
Terra Ferma to open LiFi manufacturing facility in Colorado Springs
Terra Ferma will open a new LiFi manufacturing facility in Colorado Springs, creating 120 jobs and expanding its role in the defense and advanced technology sectors.
TFP Nutrition to build new pet food plant in Platteville
TFP Nutrition is expanding with a new pet food manufacturing plant in Platteville, boosting production capacity, supporting western U.S. demand and creating local jobs.