Business
15 percent of youths not working, studying
A new report says nearly 15 percent of young people between the ages of 16 and 24 aren’t working or in school, increasing the likelihood that they are missing out…
Big projects keep south, west sides of Durango vital
This summer, two new hotel properties, Homewoood Suites and Holiday Inn Express opened, adding nearly 200 rooms to our bed base. Currently, two more hotel projects are teed up, a…
Warren Buffett endorses new business kits for children
Teaching kids about business is getting to be a big business these days. Billionaire businessman Warren Buffett is backing a Business in a Box kit called Lemonade Stand that is…
IPO to give sporting investors a stake in professional athletes
A startup company is hoping its plan to let fans bet on the moneymaking potential of star athletes like Houston Texans running back Arian Foster will attract investors.David J. Phillip/Associated…
Sweet quarter for Chocolate Factory
Company reports revenue growth, looks to expand frozen yogurt brand
Low interest rates to keep income funds in demand
A 16-day partial government shutdown that ended Thursday knocked consumer confidence. All told, it took about $24 billion out of the economy, according to Standard & Poor’s. The shutdown began…
Electric car deals abound
Now might be a good time to look into leasing a plug-in electric vehicle. Automakers are offering better deals for the vehicles in an effort to increase sales and clear…
Stocks down as investors wait on debt-deal news
Stocks were flat or down all day, but the size of the losses waxed and waned depending on which politician was giving a news conference. The market closed with its…
Macy’s aims for deal hunters on turkey day
When it comes to Thanksgiving, Macy’s is best known for its annual parade in New York City. But its new store hours could overshadow the festivities if they draw the…
Workers putting off plans to retire
More Americans are delaying retirement plans, with about 82 percent of Americans reporting they expect to continue working after retirement in a new Associated Press-NORC Center for Public Affairs Research…
Here’s a written prescription for financial wellness
Financial security is a deliberate choice and being realistic about your current situation is the beginning of being able to choose a path toward security and happiness. This is the…
Hay prices are growing, but profits remain steady
La Plata County farmers endure unfavorable weather
New from Hershey: Soft caramels
Hershey Co. is introducing a new soft caramel creme candy line called Lancaster. It is company’s first new product line in 30 years.Associated Press The Hershey Co. is launching a…
Middle-class buyers see fewer affordable homes
Real estate tracker Trulia is reporting that homes are becoming less affordable for more middle-class buyers in many parts of the country.Gregory Bull/Associated Press In 14 of the top 100…
Investors buying into foreign mutual funds
Investors are jumping into foreign mutual funds, investing nearly six times the amount they have put domestic mutual funds, the Investment Company Institute reports.Henry Ray Abrams/Associated Press Investors are piling…
New business openings take great leap forward
Good timing, expanding market bodes well for future
Stocks fall as investors wait on D.C.
The decline is the result of squabbling in Washington over raising the nation’s debt limit and a government shutdown that has dragged on for more than a week. The stock…
Federal shutdown puts the hurting on U.S. economy
While it may be tempting to, once again, berate our fearless leaders over recent events in Washington, D.C., as I’ve been doing off and on for the past two years,…
Chrysler unleashes Ferrell to pitch new SUVs
Will Ferrell writes, shoots 70 rotating TV commercials
Fire shows electric cars face safety challenges
A fire that damaged a $70,000 Tesla Model S is raising some concerns about the safety of the electric cars. Many analysts, however, say investors and consumers shouldn’t be too…
Is health law to blame for plan changes?
Making health-insurance changes, including big premium and deductible increases when the rate of increase in health-care costs has slowed, creates a “messaging issue,” says University of Michigan business economics professor…
Shutdown is clogging business data pipeline
Several government economic reports, such as the monthly unemployment report, are being delayed because of the government shutdown. The delays could cause problems for economists and businesses who use the…