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Three booming businesses that make Denver stand out
  + stars: | 2024-04-08 | by ( Chris Dilella | ) www.cnbc.com   time to read: +4 min
Two cities in Colorado are experiencing tech-fueled economic booms, with Denver's skyline transforming and Boulder's gross domestic product surging. However, the influx of people and businesses has brought challenges like a growing homeless population, affordability issues and infrastructure strain. A recent report shows a 24% drop in Denver's cannabis revenue compared with 2021. Major league moneymakersCameron Fleming #73 of the Denver Broncos runs onto the field before a game against the Kansas City Chiefs at Empower Field at Mile High on January 8, 2022 in Denver, Colorado. A stage for economic successA concert at Red Rocks Park and Amphitheatre outside Denver.
Persons: Amy Sparwasser, Matthew Staver, Jared Polis, Polis, Mike Johnston, moneymakers Cameron Fleming, Dustin Bradford, Deion Sanders, Prime's, John P Kelly Organizations: Denver &, Bloomberg, Getty, CNBC, Denver Department of Excise, Licenses, trailblazer, Industry, State Planning, Denver, Denver Broncos, Kansas City Chiefs, Broncos, Nuggets, Rockies, Avalanche, Analysts, University of Colorado Boulder's, NFL, University of Colorado, Boulder, Rocks Locations: Denver, CNBC's, Colorado, Success, Denver & Boulder, Denver , Colorado, Chicago , New York, Los Angeles, University of Colorado Boulder
The Denver Basic Income Project just got an extension and more funding. The Denver Basic Income Project, which now provides monthly payments to 800 of the city's lowest-income households, announced it is extending its runtime for another six months. Many cities around the United States are experimenting with basic income projects to alleviate homelessness and support their most vulnerable residents. AdvertisementBut while basic income plans have largely shown success, not everyone is in favor of them, and many programs have drawn the ire of conservative lawmakers. "I am proud to endorse the Denver Basic Income Project and its vital role in our ongoing efforts to address homelessness and improve the lives of our residents."
Persons: it's, , Mark Donovan, Donovan, Dia Broncucia, Justin Searls, Tonaeya Moore, Mike Johnston, Johnson Organizations: Service, Income, Colorado Trust, Center for Housing, Homelessness Research, University of Denver, Baltimore Young, Denver Locations: Denver, United States, Baltimore, Texas, Harris County, Houston, Iowa
But the deal is already wobbling, as House Speaker Mike Johnson faces intense pressure from Trump and his House allies to demand more sweeping concessions from Democrats and the White House. “I do not think we should do a Border Deal, at all, unless we get EVERYTHING needed to shut down the INVASION of Millions & Millions of people,” Trump posted on social media this week. During Iowa's Republican caucuses last week, which Trump won, immigration was a top issue. They argue that the changes would actually pave the way for Trump to implement his border agenda if he wins the election. Even beyond Trump, Johnson is dealing with far-right House members who are furious over his willingness to work with Democrats to pass legislation.
Persons: Donald Trump, Mike Johnson, , ” Trump, It's, Trump, Joe Biden, , Greg Abbott’s, “ It’s, Sen, Michael Bennet, “ I’m, ” Bennet, Denver Mayor Mike Johnston, we’ve, Joaquin Castro, Mitch McConnell, He's, Biden's, Oklahoma Sen, James Lankford, Lankford, Johnson, “ We’re, ” Johnson, Marjorie Taylor Greene, Greene, Biden, I’ve, Republican that’s, Jim Himes, Conn, We've, ” Himes, Lisa Mascaro Organizations: WASHINGTON, Trump, White, Republicans, Democratic, Russia, Republican, AP, Texas Gov, Colorado Democrat, Denver Mayor, Texas Democrat, U.S, Oklahoma, Republican Party, Associated Locations: Ukraine, U.S, Mexico, Colorado, United States, Texas, Israel, Trump, Iowa
WASHINGTON (AP) — Biden administration officials hosted big city mayors at the White House on Thursday to discuss how to manage a growing number of migrants, one day after those leaders sent a letter asking for more federal help. Denver Mayor Mike Johnston and Chicago Mayor Brandon Johnson met with White House chief of staff Jeff Zients and Homeland Security Department officials before heading to Capitol Hill for meetings with lawmakers. If they could work, the cities would require less federal aid to help house them. “I think they seem receptive,” Johnston said of federal officials. It's unclear whether House Republicans will fund any of Biden's request for help for the cities.
Persons: — Biden, Mike Johnston, Chicago Mayor Brandon Johnson, Jeff Zients, , , Johnston, Joe Biden, Karen Bass, Sylvester Turner, Houston, Eric Adams, Adams, Biden, ” Johnston, Karine Jean, Pierre, “ We're Organizations: WASHINGTON, White, Denver, Chicago Mayor, White House, Homeland Security Department, Capitol Hill, Democratic, Adams, Republicans Locations: Los Angeles, New York, Washington, United States
In Denver, the number of migrants arriving has increased tenfold and available space to shelter them has withered. With fewer available work authorizations, these migrants cannot find work that would allow them to get into proper housing. Denver Mayor Mike Johnston, who is leading the coalition, said nearly every conversation he has had with arriving migrants is the same: Can he help them find a job, they ask. He is increasingly under fire from members of his own party who are managing the growing number of migrants in their cities. “Our cities need additional resources that far exceed the amount proposed in order to properly care for the asylum seekers entering our communities," the mayors' letter says.
Persons: Joe Biden, Mike Johnston, ” Johnston, Biden, Johnston, Eric Adams, Karen Bass, Brandon Johnson, Chicago, Sylvester Turner, Houston Organizations: WASHINGTON, Democratic, The Associated Press, Denver, Republicans, Republican Locations: Chicago, Denver, Houston, Los Angeles and New York, In New York, U.S, Mexico, United States, New York, , Los Angeles
Denver Mayor Michael Hancock, a Democrat, called for Joe Biden to share more about his health. Hancock said he wants to make sure Biden is "ready and fit to serve" ahead of the 2024 election. Denver Mayor Michael Hancock said on NBC's "Meet the Press NOW" that he's "a fan" of Biden's but still wants to see the president be open about his health status. "I love Joe Biden personally and politically, but I want to make sure he's okay as well and ready and fit to serve," Hancock told NBC host Chuck Todd on Friday. —Meet the Press (@MeetThePress) April 22, 2023The report on Biden's health from physician Kevin O'Connor said Biden works out at least five days a week.
Leo Alvarez received $2,000 from a pandemic-era fund for undocumented workers who lost wages in 2020. The fund has led to a permanent unemployment assistance program for undocumented workers in Denver. The pandemic exacerbated inequalities for undocumented workers that advocates want states to address. In New York for instance, advocates want the state to make its fund for undocumented workers permanent. "This is not something that's a luxury," Jessica Maxwell of the Workers Center of Central New York told Spectrum News last month.
Latinos were 31 percent of the state’s high school graduates that year. But at 31%, the six-year graduation rate for MSU’s Latino students lags far behind CU Boulder, where it was 63 %. On the CU Boulder campus stands a 4-foot-7 memorial to “Los Seis,” six activists, including CU Boulder students, who were killed in two off-campus car bombings in 1974; the killings were never solved. Seventy-two percent, 510, of the middle and high school students enrolled in the program for 2020-21 were Latino. Vela and three other CU Boulder students who spoke with NBC News first learned about the campus through the Aquetza program.
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