Wednesday, 8 Feb 2023

Business

Colorado agencies, nonprofits scrambling to help people pay heating bills

Agencies and nonprofits that help Coloradans who are struggling to pay their utility bills are facing their own challenges as high natural gas prices and cold weather keep the calls and applications for assistance rolling in. People in the Denver area and across the state have seen their bills jump dramatically, in some cases double, […]

How pay transparency may affect your job search or next raise – The Denver Post

Knowing if you’re being paid fairly for the work you do is a mystery shrouded in a lack of information. That may be changing, though, and pay transparency may be the catalyst. It’s a growing trend for companies to reveal what a job opening or current position pays — whether voluntarily, or because governments mandate […]

Fed to size up next rate hike with eye on inflation

SAN FRANCISCO/ATLANTA (Reuters) -Federal Reserve policymakers say fresh inflation data out later this week will help them decide whether they can slow the pace of interest rate hikes at their upcoming meeting, to just a quarter point increase instead of the larger jumps they used for most of 2022.FILE PHOTO: The U.S. Federal Reserve building […]

The Year the Long Stock Market Rally Ended

How fast inflation and high interest rates upended markets across the globe. By Joe Rennison Graphics by Karl Russell and John-Michael Murphy Joe Rennison has spent a decade reporting on markets. Karl Russell and John-Michael Murphy pored through years of stock and market data to visualize trends for this article. Jan. 3, the first day […]

Colorado will lead multi-state investigation into proposed Kroger-Albertsons merger

Colorado will lead a multi-state investigation into the proposed $25 billion merger between King Soopers’ parent company and Albertsons, which operates Safeway, Attorney General Phil Weiser announced Thursday. Weiser has also filed a brief to block Albertsons from paying its shareholders a $4 billion dividend before regulators review the merger. The move supports a motion […]

Microsoft strikes 10-year deal with Nintendo on Call of Duty

LONDON (AP) — Microsoft agreed Wednesday to make the hit video game Call of Duty available on Nintendo for 10 years should its $69 billion purchase of game maker Activision Blizzard go through — an apparent attempt to fend off objections from rival Sony. The blockbuster merger is facing close scrutiny from regulators in the […]

Want a four-day work week? Show this research to your boss. – The Denver Post

By Arianne Cohen, Bloomberg The first large-scale study of a four-day workweek has come to a startling close: Not one of the 33 participating companies is returning to a standard five-day schedule. Data released Tuesday show the organizations involved registered gains in revenue and employee productivity, as well as drops in absenteeism and turnover. Workers on […]

Kroger-Albertsons merger: Congressional hearing gets underway

Claudia Morales, a floral manager at Safeway in Colorado Springs, thought about her two children in high school when she first learned about the proposed merger between Kroger and Albertsons. “What happens if I lose my job? Do they get to go to college? Maybe, maybe not,” she said. The news “dropped on us like […]

What makes a Black Friday deal worth it? – The Denver Post

Black Friday sales are everywhere. Judging by retailers’ advertisements stuffed with language like “must-have deals” and “can’t-miss epic finds,” you’d be led to believe that every deal is too good to pass up. But what actually makes a Black Friday deal worth pursuing? An item’s reduced price, availability and affordability are key elements. Here’s what […]