Economy - AZ FREE NEWS

U.S. Added 162,000 Jobs In August, More Than Tripling Forecast

Sep 7, 2026

By Matthew Holloway | The United States added 162,000 nonfarm payroll jobs in August, and the unemployment rate remained unchanged at 4.1 percent, according to the Bureau of Labor Statistics’ (BLS) monthly employment report. Republicans on the Joint Economic Committee...

U.S. Trade Gap Widens 24% In July, Remains Down Nearly 30% Year-To-Date

Sep 5, 2026

By Matthew Holloway | The U.S. trade deficit widened to $88.58 billion in July, increasing $17.39 billion from June and ending the month 43 percent above its 12-month average, according to an analysis released Thursday by Republicans on the Joint Economic Committee...

As National Debt Tops $40 Trillion, Schweikert Calls Congressional Inaction ‘Immoral’

Aug 23, 2026

By Staff Reporter | The Joint Economic Committee (JEC) chairman, Republican Rep. David Schweikert (AZ-01), says the government’s inaction on the $40 trillion national debt is “immoral.” The JEC leader issued a statement on Thursday after the national...

National Debt Surpasses $40 Trillion As Biggs Calls For Discipline On Federal Spending

Aug 21, 2026

By Ethan Faverino | The United States has surpassed $40 trillion in national debt, marking another record for the federal government and prompting renewed criticism from Congressman Andy Biggs (R-AZ-05) over Washington’s continued spending and borrowing. According to...

Federal Government Adds $432 Billion To Deficit In July, Shortfall Nears $1.8 Trillion

Aug 17, 2026

By Ethan Faverino | The federal government ran a $432.308 billion deficit in July, marking the largest monthly deficit since March 2021, according to the Joint Economic Committee’s latest Monthly Fiscal Update. The July deficit brought the federal government’s total...

July Inflation Reaches 3.36% As U.S. Labor Market Shows Signs Of Cooling

Aug 14, 2026

By Ethan Faverino | The Joint Economic Committee released its Monthly Inflation Update for July 2026, showing that consumer prices continued to rise, while real earnings remained mostly steady during the month. According to the report, the headline Consumer Price...

Schweikert Highlights Government Job Losses As U.S. Employment Falls In July

Aug 10, 2026

By Matthew Holloway | The U.S. economy lost 23,000 jobs in July as a 53,000-job decline in government employment more than offset a 30,000-job increase in private-sector payrolls, according to new federal labor data released Friday. The U.S. Bureau of Labor...

Ciscomani Praises ‘Once-In-A-Generation’ Investments In Arizona Mining Industry

Aug 9, 2026

By Ethan Faverino | Congressman Juan Ciscomani (R-AZ-06) applauded two major announcements he said further solidify Arizona’s position as a national leader in copper production and critical minerals. The announcements include a $1 billion investment in the Ivanhoe...

Speaker Johnson Says Republicans Must Make Tips, Overtime Tax Cuts Permanent During Arizona Visit

Aug 7, 2026

By Matthew Holloway | House Speaker Mike Johnson said Wednesday that congressional Republicans must make temporary federal income-tax deductions for qualified tips and overtime permanent, tying their continuation to the outcome of the November midterm elections....

Exclusive: Treasury Secretary Scott Bessent, Speaker Johnson To Visit Arizona This Week

Aug 4, 2026

By Matthew Holloway | Treasury Secretary Scott Bessent is expected to visit Arizona on Wednesday and Thursday, with stops including a Casa Grande appearance alongside House Speaker Mike Johnson (R-LA) and Rep. Juan Ciscomani (R-AZ-06). The tentative itinerary,...

Arizona Treasurer Reports $7.4 Billion In Assets, Up 126% Since 2019

Aug 3, 2026

By Staff Reporter | Arizona now enjoys nearly $7.4 billion in total assets, representing a 126% increase since Treasurer Kimberly Yee took office in 2019. Per the latest local government investment report from the treasurer’s office, total June earnings among the four...

Phoenix Families Spend Nearly $6,900 A Month On Everyday Expenses Despite Cooling Inflation

Aug 1, 2026

By Staff Reporter | Inflation cooled for the Phoenix metro area last month, and expenditures went up. The Common Sense Institute (CSI) reported that Phoenix metro’s Consumer Price Index rose 2.8% year-over-year in June, a slight reduction from a 3%...