business What’s Working: Unpacking Colorado’s “muddled” economy Christin Hakim, June 24, 2023March 19, 2023 Colorado may have recovered the 375,000 jobs lost in the first two months of the pandemic, but we’re not back to peak employment yet. And while new business creations remained high so far this year, delinquencies and dissolutions are growing. These and other trends were made clearer after the Secretary… Continue Reading
tech From Tesla to Peloton, companies slow hiring as economy sputters Christin Hakim, June 5, 2022 Elon Musk spooked investors on Friday with a warning on the economy and plans to cut Tesla’s workforce, joining a growing list of companies that have dialed back hiring amid decades-high inflation and fallout from the Ukraine crisis. The billionaire said he has a “super bad feeling” about the economy… Continue Reading
Real Estate Can Evergrande’s founder save his real estate empire? | Business and Economy News Christin Hakim, October 17, 2021 Four years after vying with Jack Ma for the title of Asia’s richest man, Evergrande chairman Hui Ka Yan’s fortune is plunging and his sprawling real estate empire is on the verge of collapse. It’s a stunning reversal for a man who fought his way from poverty in rural China… Continue Reading
Real Estate A Chinese Real Estate Company Could Default on $300B Debt; What It Means for World Economy Christin Hakim, September 22, 2021 The Evergrande Group, China’s second largest property developer, informed the country’s ministry of housing that it would not be able to issue payments on its loan interest by a September 20 deadline, Bloomberg reported, drawing greater concern over the company’s cash problems. As anger from homebuyers and investors continues to… Continue Reading