The Paycheck Protection Program (PPP) has provided important and much needed financial support to businesses challenged by the financial impact of COVID-19 but that is not all that businesses need to adapt and recover. In Castle Rock, it became a priority for local leaders to find ways to help sustain the town’s businesses and overall economy.
Federal investments in R&D have helped companies make our lives better, different, and more fun. In upcoming years, as the pace of innovation increases and dynamic companies sidelined by COVID-19 ramp back up, we will see companies spring forward with a pipeline of innovation.
Among top executives at companies with more than $500 million in annual revenue, 60 percent were more optimistic now than the start of the year about their three-year prospects. As much as COVID-19 changed how people work and how organizations invest in technology, companies are re-assessing their values and purpose. CEOs also are placing a greater emphasis on employee engagement and corporate culture in this new working reality.
What happens when the stimulus stops? Clearly, there is a potential for households to see a significant drop in incomes, an increase in delinquencies and reduced job security–all of which leads to a potential household fiscal cliff.
The money from the CARES Act has provided a much-needed lifeline to the tens of millions of Americans who have found themselves unemployed due to COVID-19. While new additional aid may come as a result of the executive memorandum signed by the President earlier this month, it won’t be available indefinitely, which begs the question: What do you do when your unemployment benefits are drastically reduced or eliminated?
Nobody knows what the job market will look like in the aftermath of the coronavirus, but if you find yourself recently unemployed, now might be a good time to reconsider your education, especially if you have a clear goal in sight and can achieve your goal without incurring too much debt.
As we learn from the history of protesting in the U.S. and in Colorado, we must develop better institutional mechanisms for community engagement. Otherwise, the only alternatives to violence are peaceful protests and political action with broader participation.
The Colorado Department of Labor and Employment kicked off an improvement to the Connecting Colorado jobs platform that turns out to be a hidden gem during the COVID-19 pandemic.
This past week, Denver joined cities around the country in protesting police brutality in response to the death of George Floyd in Minneapolis. In troubled and divided times, the president and CEO of the Denver Metro Chamber of Commerce shares her call to action and message of hope.
Success in the modern world requires a clear and rehearsed national and global plan of action. Unfortunately, despite warnings from people like President G.W. Bush in 2005, Bill Gates in 2015 and many health experts around the world, our response to this black swan has been to bury our collective head in the sand.
The focus in economic development appears to be shifting. It’s not jobs per se that set off the economic development dynamic. It’s putting more money in peoples’ pockets, especially after taxes and housing costs. In some cases, this may be better-paying jobs, and in other cases, it might be part-time earnings or health benefits.
Education, infrastructure development, economic incentives and sensible regulation will all play a part in helping manufacturing businesses grow and thrive in Colorado.
For years, Westerners have struggled with the notion that policy decisions that impact them so squarely is mandated to them from unelected, career bureaucrats in Washington DC, more than 1,500 miles away.
There isn’t day that goes by now that you don’t hear about the continuing spread of the coronavirus and the markets, of course, are reacting to this bad news. As an investor, what are you supposed to do? Sell everything and park your cash in treasury bills or ride things out and hope things get better soon?
If you were feeling confident that the United States government and its states’ governments were prepared for the 2020 presidential elections, then the Iowa caucus on Feb. 3, 2020 might have upset your sense of ease. Their election problems stemmed from the one area we need to focus more on — technology.
ColoradoBiz spoke to Perino to get a look at the 2020 election from the frontlines, hear her insights into how the primary could affect the state and learn more about this historic election year.
The United States economy is entering 2020 with some very good momentum. The country is now in the eleventh year of economic expansion, and the economy continues to show a lot of resilience amidst challenges. However, the risk for a recession over the next 18 months is more elevated than any time since 2007. But what does this mean for Colorado businesses?
The conversations between the Front Range, where most of the demand originates, and the Western Slope, where most of the water flows, have a long history where trust ebbs and flows.
Denver- and New York City-based impact investing advisory firm Cornerstone Capital is helping its clients invest in companies that align with their opinions and in economies that support the future they see. Here’s why impact investing is on the rise, what economies its rising in and how Cornerstone is measuring the impacts that companies have.
In recent months, there’s been much talk about a looming recession. And whenever there’s mention of another recession, millennials get embroiled in disastrous scenarios.
After the current trade war subsides, the United States will thrive based upon two compelling and durable strengths: economic freedom and innovation.
It was the first pessimistic outlook recorded by the survey since the second quarter of 2011 and the lowest index value since the end of the recession.
By first understanding and evaluating the wage gap that exists between men and women in Colorado, businesses and individuals alike can take the appropriate actions to remedy and resolve the gap.
Startup Week is an indication of Denver’s strong commercial muscle, but the city’s rapid growth is accompanied and checked by the visible realities of gentrification and displacement.
