Economy

7:55am

Thu May 21, 2015
Housing

Front Range Rents Are Spiking. Here's How That Hurts The Economy

Charleston's The Digital Flickr-Creative Commons

Rent prices in the Denver area are going up faster than rents in San Francisco. The situation isn't any better in Fort Collins and Greeley. Each community experienced double digit growth in rental prices in 2014, and the trend is not showing signs of slowing down.

But maybe your rent is affordable. Or you bought your house decades ago. So why should you care if your neighbor down the street is paying a ton for her crappy apartment?

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3:07am

Wed May 13, 2015
Your Money

Being A Loyal Auto Insurance Customer Can Cost You

Originally published on Thu May 14, 2015 7:24 pm

Some auto insurance companies could be using a tactic called "price optimization" to charge loyal customers a higher premium.
iStockphoto

Updated 7:38 p.m. May 12, 2015: This story has been updated to include more details and additional comments from the insurance industry.

Many companies reward their most loyal customers with incentives, discounts and freebies. But in car insurance, the opposite can actually happen. A driver can be punished with a higher premium just for being loyal to the company. 

It's called price optimization, and it happens to lots of people all the time. A driver could have no history of accidents but all of a sudden their car insurance goes up.

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5:00am

Fri April 3, 2015
Business

Falling Oil Hasn't Slowed Greeley's Economy, Quite The Opposite In Fact

City of Greeley Flickr-Creative Commons

Oil towns across the country are seeing the impacts of the price slump. The entire state of Texas is seeing an economic slowdown. Tiny oil towns once benefiting from the Bakken boom are watching warily as growth slows.

In Greeley, which sits in the midst of Colorado's biggest oil patch, the story is pretty different, said Victoria Runkle, the assistant city manager and the town's financial guru.

"In January 2015 our sales taxes were 7 percent higher than they were in January 2014," said Runkle.

That's right – the town is raking in more revenue from sales this January, with oil at $47 a barrel, than a year ago, when prices were approaching $100 a barrel.

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3:10pm

Mon March 23, 2015
Politics

Kids Count Report Delivered To Lawmakers, Shows Decrease In Child Poverty

Children visit the state capitol for the release of the annual Kids Count Report from the Colorado Children's Campaign.
Bente Birkeland RMCR

Colorado's childhood poverty rate has decreased for the first time in five years. The latest data comes as part of the annual Kids Count Report, which offers information on the health and well-being of children across the state.

"That is great news for Colorado," said Lt. Governor Joe Garcia. He went on to add that there's always a but, "We know that there are still far too many children growing up in households where they don't have access to the opportunities and resources they need to be healthy and succeed."

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5:00am

Mon March 23, 2015
Capitol Conversation

What Colorado's Latest Economic Report Means For The Budget

Jim Hill KUNC

Colorado's latest revenue forecast was good news for lawmakers, showing a healthy economy and more money for the state budget. There was also one notable hedge, the uncertainty around low oil prices and the oil industry's effect on the state economy.

So just what are the implications of more state revenue? We turn to the reporters that work the halls of the capitol to find out.

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