Economy - AZ FREE NEWS

EV Manufacturer Lucid Lowers Production Target, Misses Q2 Estimates

Aug 12, 2025

By Jonathan Eberle | Lucid Group, the electric vehicle startup known for its luxury Air sedan, disappointed investors after missing second-quarter earnings expectations and trimming its production forecast for 2025. The company reported $259.4 million in revenue for...

Phoenix Housing Market Enters Correction Phase After June Brings Price Drops

Aug 11, 2025

By Jonathan Eberle | The Greater Phoenix housing market continued its gradual reset in June 2025, signaling a clear shift in momentum from sellers to buyers according to a report from The Ravenscroft Group. Home prices dipped modestly, builders ramped up incentives,...

Rep. Blackman Urges U.S. Forest Service To Advance Resolution Copper Project

Aug 10, 2025

By Ethan Faverino | State Representative Walt Blackman, Chairman of the House Committee on Government, reiterated his strong support for the Final Environmental Impact Statement (FEIS) for the Resolution Copper project, completed by the U.S. Forest Service (USFS). In...

Maricopa County Ranks Among Arizona’s Best Places To Retire

Aug 5, 2025

By Ethan Faverino | Maricopa County has secured a spot among Arizona’s top destinations for retirees, according to a new study by SmartAsset. The study evaluated counties across the United States based on three key factors: tax-friendliness, access to medical care,...

Arizona Counties Propose $54.8 Million In Property Tax Increases For FY 2026

Aug 3, 2025

By Jonathan Eberle | As Arizona counties finalize their budgets for Fiscal Year 2026, the majority are preparing to raise property taxes, with 11 of the state’s 15 counties proposing increases totaling nearly $54.8 million, according to the Arizona Tax Research...

Trump Administration Proposes Repeal Of Obama’s Climate Change Endangerment Finding

Jul 30, 2025

By Ethan Faverino | The Trump administration recently unveiled a proposal to repeal the 2009 "Endangerment Finding," a controversial U.S. climate policy that declared carbon dioxide and other greenhouse gases a threat to public health and welfare. The Environmental...

Arizona Seniors Lose $12.5 Million To Fraud In Quarter 1 Of 2025

Jul 28, 2025

By Ethan Faverino | Arizona’s elderly population is facing a devastating wave of fraud, with seniors aged 60-69 losing a staggering $12,555,627 to scams in the first quarter of 2025, according to a new study done by cryptocurrency exchange ChicksX. The Federal Trade...

Mesa And Glendale Among Top Destinations For Bargain Shopping In The U.S.

Jul 25, 2025

By Ethan Faverino | New research has shown the best cities in the United States for bargain shopping, with Mesa and Glendale, Arizona, both securing spots in the top 10. Ranking seventh and fifth, these Arizona cities stand out as prime destinations for savvy shoppers...

Arizona Republicans Highlight Series Of Tax Cuts Aimed At Easing Financial Pressures

Jul 24, 2025

By Jonathan Eberle | Republican leaders in the Arizona Legislature are highlighting a string of tax cuts they say are aimed at providing relief to working families, renters, and small business owners across the state. Over the past three years, lawmakers have passed...

Job Scams On The Rise: How To Protect Your Money And Personal Information

Jul 17, 2025

By Ethan Faverino | Scammers are posing as recruiters, offering tempting remote job opportunities to steal your money or personal information. The Better Business Bureau (BBB) is urging consumers to stay vigilant, as job scams continue to rise. According to the...

Hamadeh Calls On Federal Reserve Chairman Powell To Resign

Jul 16, 2025

By Matthew Holloway | Arizona Republican Congressman Abraham Hamadeh (R-AZ08) issued a call this week for Jerome Powell, Chairman of the Federal Reserve, to resign. Hamadeh cited a series of failures from Powell in an official Congressional letter sent on Sunday. “My...

Report: Arizona Ranked Among Riskiest U.S. States For Financial Cybercrime

Jul 15, 2025

By Ethan Faverino | A new report reveals a rise in financial cybercrime across the United States, with Arizona ranking 47th out of the 50 states and Washington, D.C., as one of the riskiest states. Based on the FBI’s 2024 Internet Crime Complaint Center (IC3) annual...