YMCA of Pueblo launches its 2023 Annual Community Support Campaign
PUEBLO, Colo. (KRDO) — The YMCA of Pueblo is launching its Annual Community Support Campaign to raise funds to provide scholarships and financial…
Continue ReadingMoney
India cuts internet to 27 million as Punjab police hunt Sikh separatist
By Rhea Mogul, CNN Indian authorities have blocked internet access for about 27 million people in the state of Punjab for a fourth straight day…
Continue ReadingEuropean markets recover on a wild day for bank stocks
By Michelle Toh and Olesya Dmitracova, CNN European markets ticked up Monday but bank stocks were mixed and volatile as investors assessed the…
Continue ReadingFDIC sells most of failed Signature Bank to Flagstar
By David Goldman, CNN A week after Signature Bank failed, the Federal Deposit Insurance Corporation said it has sold most of its deposits to Flagstar…
Continue ReadingThis country wanted a 69-hour workweek. Millennials and Generation Z had other ideas
By Heather Chen, Yoonjung Seo and Andrew Raine, CNN Shorter workweeks to boost employee mental health and productivity may be catching on in some…
Continue ReadingFed and other central banks try to head off crisis by keeping dollars flowing
By Mark Thompson, CNN The US Federal Reserve and several other major central banks announced a coordinated effort Sunday night to boost the flow of…
Continue ReadingUBS is buying Credit Suisse in bid to halt banking crisis
By Mark Thompson, CNN Switzerland’s biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at…
Continue ReadingPeople shouldn’t panic after the recent bank collapses, experts say. Here’s the smart thing to do
By Ramishah Maruf, CNN In the wake of failures at Silicon Valley Bank and Signature Bank and separate issues at Credit Suisse and First Republic,…
Continue ReadingBanks had a meltdown. What comes next?
By Nicole Goodkind and Krystal Hur, CNN Global banks just suffered their worst week since 2008. So what comes next? The fallout from this…
Continue ReadingPrice hikes are double whammy for pet owners who are crushed by inflation
By Alicia Wallace, CNN As head of PAWS Atlanta, Joe Labriola can get a good sense of the region’s economic well-being from the day-to-day…
Continue ReadingThe fate of Credit Suisse could be decided in the next 24 hours
By Mark Thompson, CNN The fate of Credit Suisse could be decided in the next 24 hours after a torrid week for Switzerland’s second biggest…
Continue ReadingConfused 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…
Continue ReadingDollar 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…
Continue Reading
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…
Continue Reading
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 Reading