By PAUL WISEMAN and CHRISTOPHER RUGABER WASHINGTON (AP) — When the stock market was climbing in January 2024, Donald Trump knew exactly who deserved credit: He did. Related Articles Trump Department of Justice sues Colorado, Denver officials over immigration laws Judge blocks Trump executive order targeting elite law firm, a blow to his retribution campaign…
By MATT OTT, Associated Press Business Writer U.S. applications for jobless benefits jumped to their highest level in two months, but layoffs remain in a historically healthy range despite increasing fears of a tariff-induced economic slowdown. Jobless claim applications jumped by 18,000 to 241,000 for the week ending April 26, the Labor Department said Thursday.…
Crowdfunding campaigns are nothing new in Colorado’s craft beer industry. Dozens of breweries have raised money on platforms like Kickstarter and GoFundMe to finance everything from startup costs to equipment purchases to emergency relief. In return for donations of $50 or $100 or $250, participants received perks from free beer and t-shirts to brewery tours…
By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’s tariffs were implemented. At the same time, consumers accelerated their spending, particularly on cars, likely in an effort to get ahead of the duties. Wednesday’s report…
By PAUL WISEMAN, ANNE D’INNOCENZIO and CHRISTOPHER RUGABER, Associated Press Business Writers WASHINGTON (AP) — American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next. The president’s massive and unpredictable taxes on imports seem likely to mean…
By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — Americans’ confidence in the economy slumped for the fifth straight month to the lowest level since the onset of the COVID-19 pandemic as anxiety over the impact of tariffs takes a heavy toll. Related Articles Lender seeks receiver for south Aurora office buildings after default Tips for handling…
By STAN CHOE, AP Business Writer NEW YORK (AP) — U.S. stocks drifted to a mixed finish on Monday, ahead of potential flashpoints this week that could bring more sharp swings for financial markets. The S&P 500 inched up by 0.1% to extend its winning streak to a fifth day. The Dow Jones Industrial Average added 114 points, or…
By JOSH BOAK WASHINGTON (AP) — President Donald Trump can’t stop contradicting himself on his own tariff plans. He says he’s on a path to cut several new trade deals in a few weeks — but has also suggested it’s “physically impossible” to hold all the needed meetings. Trump has said he will simply set new tariff rates…
Boom Technology, the Colorado company working on building the next generation of supersonic jets, has chosen to develop and test its engines of the future just 30 miles north of its Centennial headquarters — at the Colorado Air and Space Port near Watkins. Adams County commissioners this week approved a five-year lease with Boom. The…
By STAN CHOE, AP Business Writer NEW YORK (AP) — Wall Street’s rally kept rolling Thursday as better-than-expected profits for U.S. companies piled up, though CEOs said they’re unsure whether it will last because of uncertainty created by President Donald Trump’s trade war. The S&P 500 charged 2% higher and pulled within 11% of its record set earlier this…
