Economy - AZ FREE NEWS

Arizona Consumers At Risk As Fake Gambling Sites Poised To Surge During NFL Season

Sep 17, 2025

By Jonathan Eberle | Arizona residents could collectively lose millions of dollars to fake gambling websites this fall, according to a new study analyzing Federal Trade Commission (FTC) scam reports. The report, conducted by online gaming marketplace Chicks Gold,...

New Report: Phoenix Inflation Edges Higher But Remains Among Nation’s Slowest

Sep 16, 2025

By Jonathan Eberle | According to a new report from the Common Sense Institute (CSI), inflation in the Phoenix metro area rose 1.4% year-over-year in August, as measured by the Consumer Price Index (CPI). The increase marks a climb from June’s 0.8% reading and ends a...

Cooling Trend: Arizona Among Slowest States For Home Price Growth

Sep 15, 2025

By Ethan Faverino | Arizona homeowners and prospective buyers are experiencing a cooling housing market, with the state ranking third lowest in the nation for house price growth in the first half of 2025, according to a new study by Portland Real Estate. Median home...

Hadrian Secures $260 Million To Expand AI-Driven Defense Manufacturing In California And Arizona

Sep 7, 2025

By Jonathan Eberle | Hadrian, a fast-growing advanced manufacturing company specializing in AI-powered production, recently announced it has raised $260 million in fresh capital and will significantly expand its operations in California and Arizona. The move comes as...

Rep. Gosar Condemns Businesses For Favoring Foreign Workers Over Americans

Sep 3, 2025

By Matthew Holloway | Congressman Paul Gosar (R-AZ09) recently shared an article from Newsweek, highlighting the Optional Practical Training (OPT) program, which allows corporations to hire student visa holders to sidestep tax liabilities, such as Medicare and Social...

Small Business Administration Announces Meetings For Arizonans Affected By Recent Wildfires

Sep 2, 2025

By Matthew Holloway | Rep. Eli Crane (R-AZ02) and the U.S. Small Business Administration announced last week that low-interest federal disaster loans are now available. The aid applies to businesses, nonprofits, and tribal nations that suffered losses from the Dragon...

Report: Financial Fraud Could Cost Arizonans $4 Billion In 2025

Aug 30, 2025

By Jonathan Eberle | Financial fraud is emerging as one of Arizona’s most costly economic threats, with residents projected to lose more than $4 billion in 2025, according to a new analysis from the Common Sense Institute (CSI). The report, The Impact of Financial...

Arizona Job Market Contracts For Third Straight Month

Aug 26, 2025

By Jonathan Eberle | Arizona’s labor market continued to struggle in July, losing nearly 5,000 jobs and marking the state’s third consecutive month of employment decline, according to the latest data from the Bureau of Labor Statistics. The state shed 4,900 nonfarm...

Arizona Businesses Rank Among Top Borrowers With Nearly $700K Average Loan

Aug 19, 2025

By Jonathan Eberle | Arizona businesses are taking on some of the nation’s largest loans, according to a new study that analyzed Small Business Administration (SBA) lending data from 2021 through 2024. The report, compiled by Fleysher Law Bankruptcy & Debt...

Tax Group Predicts OBBB Will Cut Taxes, Create Jobs Across Arizona

Aug 18, 2025

By Ethan Faverino | The One Big Beautiful Bill Act (OBBBA) marks the most transformative overhaul of federal tax policy since the 2017 Tax Cuts and Jobs Act (TCJA). The OBBBA locks in the TCJA’s individual tax provisions, avoiding a tax increase for approximately 62%...

Autonomous Trucking Company Aurora Innovation Launches Phoenix Terminal

Aug 18, 2025

By Jonathan Eberle | Pittsburgh-based autonomous trucking company Aurora Innovation Inc. has officially opened a terminal in Phoenix, marking a significant step in the company's efforts to expand its commercial footprint beyond Texas. The newly operational site...

Small Business Optimism Climbs, But Labor Quality Concerns Persist

Aug 17, 2025

By Jonathan Eberle | Main Street confidence ticked upward in July, with the NFIB Small Business Optimism Index rising 1.7 points to 100.3, edging above its long-term average for the first time in months. The lift was driven largely by more owners reporting better...