Denver program offers free rent to fill empty storefronts

By Sarah Mulholland, The Associated Press DENVER — It’s about 9:30 on a Thursday morning, and the buzz at Tea with Tae on Denver’s 16th Street Mall is comfortingly familiar. The espresso machine is going, soothing music is piping through the speakers, and there’s a clutch of people catching up

Apartment developer pays $13M for second half of city block in Denver’s Lincoln Park neighborhood

Holland Partner Group is doubling down on a block in Lincoln Park. The Washington-based apartment developer last week paid $12.9 million, according to public records, for the northern half of the block formed by Santa Fe and Inca Street, and 10th and 11th avenues. The deal works out to about

Asian shares struggle ahead of U.S. payrolls report

SYDNEY (Reuters) – Asian shares were mixed and the dollar stood tall on Friday ahead of a key U.S. jobs report as investors braced for more aggressive rate hikes from the Federal Reserve, while commodities took an overnight dive amid new China lockdowns.FILE PHOTO: People pass by an electronic screen

Wall St climbs as investors await Fed's signals from Jackson Hole

(Reuters) -The S&P 500 and the Nasdaq rose on Thursday on support from growth and semiconductor stocks, while investors eyed the Federal Reserve’s Jackson Hole conference for clues on its policy outlook.Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 17,

Denver businesses closing over raised rents, labor shortage

A spate of Denver-area businesses that survived the COVID-19 pandemic are shuttering their doors for good this year — and often not by choice. After two years of coronavirus-related difficulties, these businesses are now facing the painful decision to close because of hefty monthly rent increases or disputes with landlords

With Frontier deal dead, Spirit ponders sale to JetBlue – The Denver Post

By DAVID KOENIG Spirit Airlines and Frontier Airlines agreed Wednesday to abandon their merger proposal, opening the way for JetBlue Airways to acquire Spirit after a months-long bidding war for the budget carrier. The decision by Spirit and Frontier to terminate their deal was announced while Spirit shareholders were still

IMF cuts global growth forecasts, warns high inflation threatens recession

WASHINGTON (Reuters) – The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy to the brink of recession if left unchecked.Customers dine at a restaurant in a shopping area in

16th and Champa building is second downtown eyed for residential conversion – The Denver Post

A four-story building along the 16th Street Mall is the second in downtown Denver to be recently eyed for a potential office-to-residential conversion — something that the city is looking to encourage. Kresher Capital, which owns the building at 1600 Champa St., submitted plans for the conversion to the city

DISH Network transforms with push to be fourth wireless network

DISH lit up a new 5G cellular network in more than 120 cities on June 14, including Grand Junction and Pueblo, meeting an early target federal regulators had set for the construction of the nation’s fourth wireless network. Whether Project Genesis, as the network is called, succeeds or fails will