12 Mar, 2025 | Admin | No Comments
Egg prices continue to hit records as Easter and Passover approach, but some relief may be coming
By MAE ANDERSON, AP Business Writer NEW YORK — Egg prices again reached a record high in February, as the bird flu continues to run rampant and Easter and Passover approach. The latest monthly Consumer Price Index showed a dozen Grade A eggs cost an average of $5.90 in U.S. cities in February, up 10.4% […]
12 Mar, 2025 | Admin | No Comments
Latino-owned small businesses are growing quickly. This Colorado organization is showing them the way.
Patsy Aguilar longed to bring a taste of the Mexican city of Mazatlán to Colorado. She and her husband excelled in the kitchen, whipping up fresh seafood and ceviches from their homeland. But when it came to starting a business, they didn’t know where to begin. Through social media, Aguilar discovered a Commerce City-based nonprofit […]
12 Mar, 2025 | Admin | No Comments
US inflation cooled last month, though trade war threatens to lift prices
By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — U.S. inflation slowed last month for the first time since September and a measure of underlying inflation fell to a four-year low, even as widespread tariffs threaten to send prices higher. The consumer price index increased 2.8% in February from a year ago, Wednesday’s report from the Labor Department showed, […]
12 Mar, 2025 | Admin | No Comments
Colorado restaurants and their suppliers have a new worry this year: tariffs
Pat Nottingham, the local market manager for Milestone Brands, was proudly promoting Dulce Vida Organic Tequila and Empress 1908 Gin at the Colorado Restaurant and Bar Show at the Colorado Convention Center on Tuesday. His mood took a turn when asked about the possibility that the on-again and off-again 25% tariff the U.S. has threatened […]
11 Mar, 2025 | Admin | No Comments
Income-driven repayment applications shut down, student loan borrowers left in the dark
By Eliza Haverstock, NerdWallet The U.S. Education Department took down the online and paper applications for all income-driven repayment (IDR) plans on Feb. 21, following the latest legal ruling in a lawsuit against the new IDR plan, Saving on a Valuable Education (SAVE). Related Articles Business | How to turn $1,000 into $1 million, according […]
11 Mar, 2025 | Admin | No Comments
Explainer: What’s a recession and why is rising anxiety about it roiling markets?
By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession. Related Articles Business | US inflation cooled last month, though trade war […]
By MICHELLE CHAPMAN, AP Business Writer Southwest Airlines will begin charging customers a fee to check bags, abandoning a decades-long practice that executives had described last fall as key to differentiating the budget carrier from its rivals. Southwest, which built years of advertising campaigns around its policy of letting passengers check up to two bags for free, said […]
11 Mar, 2025 | Admin | No Comments
Trump halts doubling of tariffs on Canadian metals, after Ontario suspends electricity price hikes
By JOSH BOAK, ROB GILLIES and MICHELLE L. PRICE, Associated Press WASHINGTON (AP) — President Donald Trump ‘s threat Tuesday to double his planned tariffs on steel and aluminum from 25% to 50% for Canada led the provincial government of Ontario to suspend its planned surcharges on electricity sold to the United States. As a result, White House trade […]
11 Mar, 2025 | Admin | No Comments
Wall Street falls in a manic day after briefly dropping more than 10% below its record
By STAN CHOE, AP Business Writer NEW YORK (AP) — The U.S. stock market fell further Tuesday following President Donald Trump’s latest escalation in his trade war, briefly pulling Wall Street 10% below its record set last month. And like it’s been for most of the past few weeks, the market’s slide on Tuesday was erratic and […]
Donald Trump’s efforts to help Tesla could end up hurting it. The U.S. president said Tuesday he will buy a Tesla as a show of support for CEO Elon Musk’s electric carmaker as it faces boycotts and even vandalism. But if Trump’s intention is to help reverse the frightening plunge in Tesla stock, he could […]