Economy - AZ FREE NEWS

Phoenix Is One Of The Most Debt-Burdened Cities, According To New Study

Dec 13, 2024

By Staff Reporter | The city of Phoenix is one of the cities with the most debt in the country, according to a new study. Per a study from LendingTree, Phoenix ranks 18th among the 50 largest metropolitan cities for debts held. The average Phoenix resident...

Maricopa County Industrial Development Authority Directs Bond Funds Toward New Home Lending Option

Dec 9, 2024

By Matthew Holloway | A major infusion of public bond-funded dollars into Arizona’s first “nonprofit Green Bank,” the Sustainable Home Improvement Loans of Arizona (SHILA), was announced last week by the Maricopa County Industrial Development Authority (MCIDA). The...

Rental Tax Relief Law Set To Take Effect On January 1

Dec 8, 2024

By Daniel Stefanski | Arizona Republican efforts to lower monthly bills for renters around the state have come to fruition. Late last month, Arizona Senate President Warren Petersen shared a screenshot from an apartment property manager, alerting residents that rental...

Mesa City Council Approves Across-The-Board Utility Rate Hikes

Dec 5, 2024

By Matthew Holloway | During a city council meeting this week, Mayor John Giles and the Mesa City Council voted to approve across-the-board increases in the city’s utility rates and fees covering solid waste removal, electricity, gas, water, and wastewater. Over...

Arizona Utilities To Join Emerging Market In Hope Of Reducing Energy Costs

Dec 2, 2024

By Daniel Stefanski | Arizona utilities providers recently revealed plans to partner with an emerging energy market. Earlier this week, representatives from Arizona Public Service (APS), Salt River Project (SRP), Tucson Electric Power (TEP), and UniSource Energy...

Christmas And Hanukkah Shopping Expected To Reach Up To $989 Billion

Nov 30, 2024

By Matthew Holloway | The National Retail Federation (NRF) and Prosper Insights & Analytics have released a new survey indicating the hottest selling toys and gifts for the holiday season. In a press release, NRF Vice President of Industry and Consumer Insights...

Thanksgiving Costs Down, But Not Lower Than Pre-Biden Era

Nov 25, 2024

By Staff Reporter | Thanksgiving dinner will cost less than it did last year, but it will still be harder on your wallet than before President Joe Biden took office. Per the Farm Bureau’s annual analysis of Thanksgiving dinner staple costs, the price...

Microchip Firm Funded By Biden-Harris CHIPS Act Sued For Being ‘Anti-American’ Workplace

Nov 16, 2024

By Matthew Holloway | The massive microchip manufacturing firm, the Taiwan Semiconductor Manufacturing Company (TSMC), finds itself facing a class-action lawsuit brought by over a dozen of its current and former employees. TSMC was brought into Arizona through the...

Glendale Prop 499 Defeated By Save Glendale Jobs Coalition

Nov 9, 2024

By Matthew Holloway | The City of Glendale’s Proposition 499, the “Hotel and Event Center Minimum Wage and Wage Protection Act,” was soundly defeated on Election Day. The defeat was a rebuke to Worker Power, a California special interest group seeking “economic...

Sen. Mesnard Plans To Do More To Help Taxpayers Struggling With Biden-Harris Inflation

Nov 4, 2024

By Daniel Stefanski | A longtime Arizona state legislator is highlighting the financial distress of many of his constituents. Last week, State Senator J.D. Mesnard commented on the misery inflicted on Arizonans by inflation over the past four years of the Biden-Harris...

Amish Shah Bashes Tax Cuts, Capitalism, And Reagan In Unearthed Video

Nov 1, 2024

By Matthew Holloway | Democratic Candidate for Congressional District 1 Amish Shah was revealed to have attacked former President Ronald Reagan and the entire system of capitalism in a recently uncovered video from 2018. In the video footage, Shah is heard to say,...

New Report Shows Housing Affordability Remains A Significant Problem In Arizona

Oct 28, 2024

By Daniel Stefanski | Arizona home prices continue to be a major issue for people in the closing weeks of the 2024 General Election. Last week, the Common Sense Institute Arizona unveiled its report for “Arizona Housing Affordability” for quarter 3 of 2024, sharing a...