By Jill Colvin, Lisa Mascaro and Andrew Taylor, The Associated Press WEST PALM BEACH, Fla. — President Donald Trump signed a $900 billion pandemic relief package Sunday evening, ending days of drama over his refusal to accept the bipartisan deal that will deliver long-sought cash to businesses and individuals and avert a federal government shutdown. […]
Economy
Posted inBusiness, Economy
What’s Working: Colorado resources for the unemployed, those in need or those who’d like to support them
It was another roller coaster week for unemployed America that saw hope as the week began after Congress agreed to extend jobless benefits into the new year but then came to a screeching halt. Those benefits went from an extra 16 weeks down to 11, but the agreement on the new federal relief bill granted […]
Posted inBusiness, Economy, News, Outdoors
Dark-sky designations bring the promise of starry nights — and tourist dollars — to rural Colorado
ORCHARD — The first weekend Jackson Lake State Park received its certification from the International Dark-Sky Association, ranger Amy Brandenburg saw more than the Milky Way on her night patrols. Campers gathered like the moths and midges that used to swarm around the buildings at night before the park went dark. The grounds were full […]
Posted inBusiness, Economy, News, Politics and Government
Here’s how Colorado’s unemployed influenced the new federal coronavirus relief bill
Last-minute changes to the federal relief plan passed late Monday aren’t as rosy as some on unemployment had hoped when the proposal made its way through Congress last week. But the new plan, which picks up where the CARES Act ends on Dec. 26, extends jobless benefits for 11 weeks, instead of 16, and has […]
Posted inBusiness, Economy, News
Updated federal coronavirus loan program offers more relief, but not all Colorado businesses are eligible
Frisco restaurateur Bob Starekow got some devastating news last week. His federal Paycheck Protection Program loan came with unexpected strings. “My accountant informed me that due to the ‘income’ of the forgiveness portion of the PPP loan, I will owe $45,000 in taxes on phantom income,” Starekow, owner of Silverheels Bar & Grill and Kemosabe […]
Posted inBusiness, COVID, Economy, News, Politics and Government
$900 billion coronavirus relief bill passed by Congress, sent to Trump
By Andrew Taylor, The Associated Press WASHINGTON — Congress passed a $900 billion pandemic relief package Monday night that would finally deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths. Lawmakers tacked on a $1.4 trillion catchall spending bill and thousands of […]
Posted inBusiness, Coloradans, Economy, News, Wildfire
Grape disappointment: Colorado vineyards say an October freeze will chill their 2021 vintage
The grape vines lined up in rows throughout the Grand and North Fork valleys look promising for a 2021 vintage with their usual winter-brown foliage bunched neatly on trellises. But cut into a bud, or scrape a stalk, and there are hints of the underlying damage done by a severe late-October freeze. An estimated 70% […]
Posted inBusiness, Economy, News
What’s Working: CARES Act II inches closer as 280,000 Coloradans will lose unemployment benefits day after Christmas
By the time you read this, there could be a new federal COVID-19 relief package on its way to the Oval Office for the president’s signature, which is good timing since roughly 280,000 Coloradans will lose their unemployment benefits on the day after Christmas. But it was a rough Friday evening as Congress couldn’t come […]