Rocky Mountain Voice

Tag: Denver Economy

Denver Minimum Wage Increase Raises Questions Over Prices, Jobs, and Affordability
DENVER7, Approved, Local

Denver Minimum Wage Increase Raises Questions Over Prices, Jobs, and Affordability

By Sophia Villalba | Denver7 DENVER — Denver's minimum wage will rise to $19.84 an hour on Jan. 1, renewing debate over how higher labor costs affect workers and businesses. Some say the increase is necessary, while others say the higher wages could impact business operations. Every business owner implements cost-cutting methods however they can. At Elemental Bakery and Coffeehouse, owner Cindy Wright chooses to take on more work herself to save some money. “Instead of hiring a dish person, we all do the dishes. We're not looking to raise prices or anything right now,” Elemental Bakery & Coffeehouse owner Cindy Wright said. Spending is top of mind, especially with another minimum wage increase on the horizon. READ THE FULL ARTICLE AT DENVE...
Colorado Economy Holds Ground as Inflation and Labor Shortages Raise Concerns
The Denver Gazette, Approved, State

Colorado Economy Holds Ground as Inflation and Labor Shortages Raise Concerns

By Bernadette Berdychowski | The Denver Gazette Inflation is up again, job growth is slowing and geopolitical turmoil has added the effects of high oil prices to the state’s economy. Yet, despite those issues, Colorado’s economy continues to expand, according to a report from the University of Colorado Boulder released Tuesday. The state added 28,600 jobs in June, up 1% year-over-year, the report said. Twelve industries in Colorado saw job losses and eight saw gains, with the most job growth consistently in the healthcare and social assistance sector. Colorado’s economy in 2025 was largely defined by a period of uncertainty spurred by a slew of federal policy changes — from tariffs to federal worker layoffs — after President Donald Trump took office for his seco...
Denver Mayor Rolls Out $100 Million Strategy to Boost Business and Revive Downtown
CBS Colorado, Approved, Local

Denver Mayor Rolls Out $100 Million Strategy to Boost Business and Revive Downtown

By Chierstin Roth | CBS Colorado Denver Mayor Mike Johnston has unveiled a $100 million, four-part plan to address everything from workforce development to low interest loans, and incentives for companies to move to the city. Thursday's press conference was held outside the original Snooze, a popular breakfast and brunch restaurant serving pancakes and mimosas. Snooze, which launched at its Ballpark Neighborhood location 20 years ago, is now a nationwide success. Its co-founder says it's opportunities like these that got his business off the ground. "We've got 70 restaurants now, 10 states, we have over 3,000 Snoozers working for us," said co-founder Adam Schlegal. They grew despite the odds. "Running a restaurant in Denver is actually harder than most...
Denver Named Finalist To Host 2028 Democratic National Convention
DENVER7, Approved, Local

Denver Named Finalist To Host 2028 Democratic National Convention

By Micah Smith | Denver7 Denver is one of five cities in the running to host the next Democratic National Convention in 2028. DENVER — Denver is one of five cities in the running to host the next Democratic National Convention in 2028, where Democrats will decide who will represent their party as the Democratic nominee for president. The other cities under consideration include Atlanta, Chicago, Philadelphia and Boston, The Democratic National Committee has announced. “Denver really has, like, a town square feel to it. You know, you can turn a corner, and we have the most venues per capita in the country, and so you have a great opportunity to see your favorite elected officials, your favorite activists, your favorite musicians," Colorado Democratic Party Chai...
National Western Stock Show Returns to Denver Fueling $175 Million Economic Boost
DENVER7, Approved, Local

National Western Stock Show Returns to Denver Fueling $175 Million Economic Boost

By Maggie Bryan | Denver7 DENVER — Around 700,000 people are expected to attend the National Western Stock Show (NWSS) in Denver over the next two weeks, boosting local businesses while spotlighting Western culture. NWSS President and CEO Wes Allison said he anticipates a $175 million impact on the city during the 16-day event. "We have folks that come from all 50 states and 33 countries. We are truly worldwide," said Allison. "The mission for us is, you know, really, to be the place where you can learn about the Western spirit." The Denver tradition is something local businesses mark their calendars for. The Cow Lot, a local hat shop with a location on East 47th Avenue in Denver, brings products straight to customers at a booth inside the venue. READ THE...
Colorado Declines Federal Tip Relief Creating Tax Season Confusion
kdvr.com, Approved, State

Colorado Declines Federal Tip Relief Creating Tax Season Confusion

By Shaul Turner | KDVR FOX31 DENVER (KDVR) – As the end of the year approaches, many workers who rely on tips and overtime pay may face some confusion as they prepare for tax return season. President Trump’s bill passed by the legislature provides a temporary tax break for tips but that doesn’t apply on the state level. The new federal tax break for tips allows employees to deduct up to $25,000 of tip income and is effective through the 2028 tax year, but Colorado will not follow suit. “It’ll be Christmas on the federal and no holiday season on the state,” said tax attorney Chadwick Elliot of the Denver Tax Group. READ THE FULL ARTICLE AT KDVR FOX31