Confused about the First Republic Bank mess? Here’s how to speak Wall Street
By Ramishah Maruf, CNN Wall Street can seem bewildering, given its sheer amount of jargon, banking terms, and acronyms. But as concerns mount that…
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Dollar Tree can’t afford to sell eggs anymore
By Nathaniel Meyersohn, CNN Eggs have gotten too expensive for Dollar Tree. Dollar Tree, which sells most products for $1.25 and a small selection of…
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More than 500 people purchase thousands of items in six hours Friday at Ellicott auction
EL PASO COUNTY, Colo. (KRDO) — With Friday being St. Patrick’s Day, it was a lucky one for hundreds of people seeking to buy pieces of local history…
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Colorado Springs police to have extra patrols on duty for St. Patrick’s Day weekend
COLORADO SPRINGS, Colo. (KRDO) — The Colorado Springs Police Department plans to have four extra patrols on duty on Friday and Saturday night to…
Continue ReadingHow First Republic became such a hot mess
Analyss by Allison Morrow, CNN It may seem surprising that First Republic, a midsize bank catering to wealthy clients in coastal states, became such…
Continue ReadingWhy American whiskey is the real winner of St. Patrick’s Day
By Jordan Valinsky, CNN On St. Patrick’s Day, it might seem appropriate to knock back a shot of Jameson Irish Whiskey. However, when it comes…
Continue ReadingSilicon Valley Bank’s former parent company has filed for bankruptcy protection
By Jordan Valinsky, CNN Business SVB Financial Group, the company that owned the failed Silicon Valley Bank until the US government took it over last…
Continue ReadingCredit Suisse got its lifeline. Investors are unconvinced
By Anna Cooban, CNN Credit Suisse is not out of the woods just yet. Shares in the Swiss lender fell by as much as 12% Friday, erasing most of…
Continue ReadingThe banking meltdown put the Fed in a bind
By Nicole Goodkind, CNN With just a few days to go until the Federal Reserve’s next interest rate decision, US policymakers are sitting between…
Continue ReadingChina makes surprise rate cut to boost banking liquidity and the economy
By Laura He, CNN China’s central bank has made a surprise cut to the amount of money that banks must keep in reserve, in an effort to keep…
Continue ReadingGlobal banking crisis: What just happened?
By Mark Thompson, CNN On March 10, the biggest failure of a US bank since the global financial crisis was playing out in real time as a major lender…
Continue ReadingYouTube TV will soon cost $72.99 a month
By Jordan Valinsky, CNN The cost of YouTube TV is going up again — making a monthly subscription 114% more expensive than when the service launched…
Continue ReadingGlobal markets rebound after US lenders rescue First Republic Bank
By Laura He and Anna Cooban, CNN Markets in Europe and Asia rebounded Friday after First Republic Bank was rescued by a group of major US lenders,…
Continue ReadingInspired by a trip to Indonesia, Snoop Dogg launches new coffee line
By Heather Chen, CNN Rapper and entrepreneur Snoop Dogg is expanding his business empire yet again, this time branching out into a line of premium…
Continue ReadingUnlike last year, this tax season has been going smoothly
By Jeanne Sahadi, CNN The past two tax-filing seasons were fraught with aggravations, delays, last-minute changes and huge backlogs at the IRS. But…
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Colorado Springs, El Paso County reach agreement on addressing a notorious flash flooding area
COLORADO SPRINGS, Colo. (KRDO) — An intersection known for flash flooding and rescues for decades, will finally be addressed as part of an agreement…
Continue ReadingCredit Suisse: Why it’s struggling and why that’s a big deal
By Nathaniel Meyersohn, CNN Credit Suisse, the 167-year-old bank and the second-largest lender in Switzerland, is in deep trouble. The bank said it…
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$14,000 Hiring Bonus for mental health nurses in Pueblo and Fort Logan
COLORADO, USA (KRDO) — Two Colorado psychiatric hospitals are offering mental health nurses a $14,000 hiring bonus to work in Pueblo and Fort Logan.…
Continue ReadingUS home building surged in February
By Anna Bahney, CNN US home building jumped higher in February, turning around after five consecutive months of falling. Housing starts, a measure of…
Continue ReadingDunkin’ is retiring a fan-favorite drink
By Jordan Valinsky, CNN One of Dunkin’s most recognizable drinks has disappeared. The Dunkaccino has quietly been pulled from the coffee…
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