Economy

5:00am

Thu September 26, 2013
Business

Boulder County Still Assessing Flood Damage

Boulder Flooding from September 13th.
Dan Greenwood KUNC

It’s been just over two weeks since communities in Northern Colorado and Boulder County were hard-hit by floodwaters. The recovery is underway, but damage from the flooding is still being assessed.

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7:38am

Tue September 24, 2013
Business

Home Prices Rise At Best Pace In Seven Years

Originally published on Tue September 24, 2013 10:02 am

This home was under contract last month in Chicago.
Scott Olson Getty Images

Led by more strong gains in Las Vegas, San Francisco, San Diego and Los Angeles, home prices in major U.S. cities were up just more than 12 percent on average in July vs. July 2012, according to the latest S&P/Case-Shiller Home Price Indices report.

The average increase was the largest since February 2006, Reuters adds, and is yet another sign that the housing sector is among the economy's strongest sectors.

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2:55pm

Sat September 21, 2013
Economy

Stuck In Poverty Amid Signs Of Recovery

Originally published on Sat September 21, 2013 3:45 pm

Food distributed by the Manna Food Center is packed in cardboard boxes to be loaded into clients' cars.
Chloe Coleman NPR

For the third year in a row, the poverty rate has remained stuck at about 15 percent. Nearly one in six Americans was living in poverty in 2012, according to a new report by the Census Bureau. Despite a slow-moving economic recovery, these latest numbers show that for poor Americans, there are few signs of any recovery.

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4:30am

Thu September 19, 2013
Business Report

Floodwaters Likely To Dampen Northern Colorado Economy

Flooding in Estes Park near Riverside and Ivy, Sept. 13.
Kevin Beaty Flickr - Creative Commons

12:28pm

Wed September 18, 2013
Business

Fed Says It Will Continue Stimulus; Markets Reach New Highs

Originally published on Wed September 18, 2013 4:28 pm

Federal Reserve Chairman Ben Bernanke speaks during a news conference at the Federal Reserve in Washington, D.C.
Mark Wilson Getty Images

The Federal Reserve said today that it is not slowing down its monthly purchase of $85 billion in bonds.

The program is intended to stimulate a sluggish economy and the Fed was widely expected to announce that in light of a recovering economy, it was tapering the bond-buying program. Instead, it delivered a surprise that caused the markets to jump, as the Dow and the S&P closed at record highs.

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