economy

”The time has come” to start lowering interest rates, according to Federal Reserve Chair Jerome Powell, who announced the cuts at the exclusive monetary policy event Friday.

Americans are buried in credit card debt, which has reached an all-time high. And that trend is projected to increase.

Back in 2010, Wyoming had 855 licensed daycare centers. But in the last 14 years, 285 of those have shut down. Meanwhile, the need for childcare is on the uptick. Last March, the town of Dubois, population 931, lost its only daycare. Now, some local parents are racing to find a solution.

Campbell County is one of seven communities in the country to enroll in a federally-funded program focused on strengthening economies that rely on coal. The Building Resilient Economies in Coal Communities initiative connects counties and towns to trade strategies and support local leaders.

According to GasBuddy, the average price of gas in the U.S. is $3.56 for a gallon of unleaded gas. In the Mountain West, you'll see prices range from $3.30 in New Mexico to $4.31 in Nevada.

LendingTree analyzed small business data from the Bureau of Labor Statistics and found that almost 1 in 4 businesses fail in their first year. The 23% failure rate from 2023 is two percentage points more than the year before and four percentage points more than in 2021.

Several national companies are condemning Idaho’s restrictions on healthcare choices, saying the state’s laws are bad for both women and the bottom line.

Starting your own business has become a much more realistic goal in the past few years, due to increased internet access and economic change. Wyoming has the highest rate of entrepreneurs in the country but Sheridan County has the most in our state. Some 50% of residents own their own business.

On the last scheduled day of the session, the House and Senate were able to come to an agreement over a $1.1 billion difference between their original budgets.The evening before, Gov. Mark Gordon sent out a strongly worded letter to the President of the Senate Ogden Driskill (R-Devil’s Tower) denouncing that he has yet to see the budget.

For the past two years, Wyoming tourism advocates have tried to pass a film rebate incentive program through the state legislature. Filming in the state has its challenges, mainly because it does not offer financial incentives for filmmakers like other surrounding states including Montana, Utah, and Colorado. Although this year a film rebate incentive program wasn’t introduced during the legislative session, advocates in Cody are taking another route to try to attract films to the region.