In Colorado, full-time workers need to earn an hourly wage of at least $36.79 to afford $2,000 in monthly rent, which is below the federal fair market rate for a Denver-area two-bedroom unit. More than 87% of low-income Coloradans spend more than one-third of their pretax income on housing — a common benchmark for housing…
US stock futures were mostly up Sunday evening as investors came off a volatile stretch marked by the government shutdown ending, a stalled rally in the tech sector, and fading hopes for Federal Reserve rate cuts before a crucial update on the US labor market. Dow Jones Industrial Average futures (YM=F) held steady, while contracts…
There’s some relief that the government shutdown is over, but Democrats are more likely to say they’re frustrated about the deal that ended it, and that their party compromised too much. By a wide margin, Americans say it was Republicans and President Trump who succeeded in getting more of what they wanted from the negotiations…
President Donald Trump appeared to shush a reporter who attempted to ask him a follow-up question about his relationship with Jeffrey Epstein during a gaggle aboard Air Force One on Friday evening. Speaking to reporters while flying to Mar-a-Lago for the weekend, Trump was asked about his relationship with Epstein, specifically Epstein’s claim that the…
The Dow Jones Industrial Average plunged Friday while the tech-heavy Nasdaq reversed a weeks long rout just a day after Wall Street suffered its worst trading session in more than a month. The Dow had plunged 107 points, or 0.2%, as of about 12:20 p.m. ET. The S&P 500 rose 0.5%, while the Nasdaq jumped…
The markets are ending the week on a low note as the global selloff continued in Asia and Europe this morning, prompted by rising uncertainty stemming from the U.S. economy. Doubts about a much-anticipated December interest rate cut from the Fed are mounting, with the likely outcome obscured by patchy data after Washington’s government shutdown….
WASHINGTON (Gray DC) – With the help of a handful of Senate Democrats who broke ranks, the end the 43-day federal government shutdown ended Wednesday night. President Donald Trump signed the legislation officially reopening the government. “I want to also thank the eight Senate Democrats who finally did the right thing in voting to end…
Topline The five richest people in the world are worth nearly a combined $46 billion less Thursday afternoon due to a market sell-off spurred by dumping of artificial intelligence stocks, mixed fourth quarter results from Disney and general economic uncertainty as the longest government shutdown in American history comes to an end. Elon Musk, the…
Washington — The more than 1.4 million federal employees who have gone without pay during the 43-day government shutdown could begin getting paychecks as soon as this Sunday, while others will have to wait until next Wednesday, Nov. 19. The pay schedule was laid out in an agency-by-agency projection by the White House’s Office of…
A retreat in US stocks picked up pace on Thursday as investors absorbed the end of the longest government shutdown in US history, weighing its impact on the economy and the path of interest rates. The tech-heavy Nasdaq Composite (^IXIC) led losses with a 1.8% slump, while the S&P 500 (^GSPC) sank 1.2%. The Dow…