Aurora Business

US stocks drop as China weighs on markets

US stocks drop as China weighs on markets

Worries about slowing growth in the world’s second-largest economy pushed the down the price of oil, weighing on energy stocks.

US existing home sales fall in August

US existing home sales fall in August

“It is apparent that much of the juice in the existing-home sales market remains centered in all-cash purchases by speculative buyers,” said Joshua Shapiro, chief U.S. economist at the consulting firm MFR.

City council divided on race-track casino ballot question

City council divided on race-track casino ballot question

One city official says adding casino gambling to Arapahoe Park race track will exacerbate heavy traffic and road problems in south Aurora

Apple: 10 million iPhone 6 and 6 Plus sold

Apple: 10 million iPhone 6 and 6 Plus sold

A year ago, Apple Inc. said it had sold 9 million of the then-new iPhone 5C and 5S models.

Anschutz medical campus digs into the meet of the matter: Aurora conference center

Anschutz medical campus digs into the meet of the matter: Aurora conference center

“This is such a welcome addition and it’s something we have desperately needed in urban Aurora,” Sally Mounier, Aurora city councilwoman for north Aurora said. “The economic impact that’s going to be spurred will create even more development, which is going to trickle out into our neighborhoods and allow them to really prosper.”

Fed keeps rates low, but brace for the inevitable

Fed keeps rates low, but brace for the inevitable

“Borrowers should see the writing on the wall,” said Greg McBride, chief financial analyst at Bankrate.com.

Colorado poverty rate down, median income up 

DENVER | Colorado’s poverty rate dropped slightly last year and median income rose, according to annual poverty figures released Thursday by the Census Bureau. Median household income in Colorado rose 2.4 percent in 2013, to $58,823. Just five states — Alaska, …

Fed signals plan to keep key rate at record low

Fed signals plan to keep key rate at record low

“In the Fed’s mind, the economy still has work to do, but it’s improving,” said Mike Arone, an investment strategist with State Street Global Advisors.

House passes ‘no welfare for weed’ bill

“The fact that some people are using welfare for weed is outrageous,” Reichert said in a statement.

House passes bill to oversee Aurora VA hospital building 

Republican congressman Mike Coffman of Colorado says the Veterans Affairs Department’s oversight of construction projects is dysfunctional and leads to delayed health care.