Retailers report modest gains for April Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
HTC Expects Brighter Second Quarter Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up. More
Mobile Efforts Help Propel Facebook’s Earnings Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More
Sears Didn't Move Fast Enough, CEO Says Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
J.C. Penney ad apologizes to customers The ad comes after the Plano, Texas-based company last month fired its CEO, Ron Johnson, after 17 months on the job and rehired his predecessor Mike Ullman. Johnson's ambitious changes included getting rid of most sales and bringing in new, hip brands. More
Unexpectedly Strong Jobs Report Sends Shockwaves Through Wall Street, Triggering Market Sell-Off Wall Street's positive outlook for 2025 has been disrupted by a robust jobs report. The unexpected data has triggered a market sell-off and sparked concerns of a challenging year ahead. 01/11/2025 - 7:00 am | View Link
US Stocks Plunge On Solid Jobs Report Wall Street stocks plummeted Friday, on the back of a strong employment report that fueled expectations the central bank might make fewer interest rate cuts this year. 01/10/2025 - 12:31 pm | View Link
Jobs Report Shows the Economy Is Strong. Why the Stock Market Is Falling Anyway. Wall Street’s reaction to the strong December jobs report shows just how much bond yields and interest-rate expectations are driving the stock market these days. The Dow was down 600 points, or 1.4%, ... 01/10/2025 - 9:08 am | View Link
Strong jobs report will trigger 'higher for longer' interest rates, economist says Friday's surprisingly strong jobs report for December will likely keep the Federal Reserve from significant cuts to interest rates from here, according to Torsten Slok, Apollo Global Management's ... 01/10/2025 - 8:36 am | View Link
U.S. Job Growth Ends the Year Strong Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 percent. 01/10/2025 - 8:32 am | View Link
While campaigning for his first term in office, Gov. Jared Polis said he wanted to see 100% of the power on Colorado’s electric grid come from renewable energy sources by 2040. Lawmakers have approved bills furthering that vision by setting targets to cut greenhouse gas emissions, the goal being 100% reduction from 2005 levels by 2050.
Coal plants across Colorado have been shut down with all of them expected to close by the end of 2030.
Albert Greenwood and his wife moved to Nepal in 2023. Albert GreenwoodAlbert Greenwood and his wife moved to Nepal for a more affordable retirement in 2023. He feared high US retirement costs and wanted to be near his wife's family. Nepal offers lower living costs, robust healthcare, and a supportive community.