Economy - AZ FREE NEWS

New Report Finds State Budget Deficit Caused By Increased Spending, Not Flat Tax

Jun 16, 2025

By Matthew Holloway | A new report from the Common Sense Institute of Arizona (CSIAZ) has laid to rest claims that Arizona’s budget deficit stems from the state’s adoption of a 2.5 percent flat tax. The report found that the deficit is attributable to increased...

Taser Inventor Axon Calls It Quits On Scottsdale Leaders

Jun 11, 2025

By Staff Reporter | The inventor and top distributor of the Taser, Axon Enterprise, says it will no longer be working with the Scottsdale City Council on their new headquarters. That’s not to say Axon will leave Scottsdale or the state. Axon leaders clarified...

New Report Shows Arizona Led The U.S. In Monthly Job Growth For April

Jun 2, 2025

By Matthew Holloway | The State of Arizona led the United States in monthly job growth for the month of April according to a report released by the Common Sense Institute of Arizona (CSIAZ) following a three-month period of negative annual growth. As reported by the...

Arizona Gas Prices Could Skyrocket As Phillips 66 Shuts Down Refinery

Jun 2, 2025

By Matthew Holloway | The Phillips 66 Los Angeles Oil Refinery, in operation for 102 years, is set to shut down in October and will leave California with a dwindling network of just eight refineries remaining. The closure places the already fragile supply lines of...

‘One Big Beautiful Bill’ Passes U.S. House In Party Line Vote, Moves On To Senate

May 24, 2025

By Matthew Holloway | The ‘One, Big, Beautiful Bill’ was passed in a late-night round of voting in the U.S. House of Representatives on Wednesday with near-unanimous support from Republicans. The massive and wide-reaching budget reform bill now moves to the Senate Two...

SBA Administrator Kelly Loeffler Tours Phoenix Business

May 9, 2025

By Matthew Holloway | Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), stopped in Arizona as part of her nationwide tour for National Small Business Week. During an interview with Arizona's James T. Harris on KFYI, Loeffler described the...

Independent Businesses Urge Senate Action In Wake Of Arizona Jobs Report

May 7, 2025

By Matthew Holloway | The latest job report from the National Federation of Independent Business (NFIB) shows that 34% of small business owners (seasonally adjusted) reported that despite having open positions in April, they could not find employees to fill them. Chad...

California Refinery Closures Spark Fuel Supply Concerns In AZ

Apr 26, 2025

By Jonathan Eberle | California is poised to lose a significant portion of its oil refining capacity by the end of 2026, as Valero announced the closure of its Benicia refinery—its second largest in the state—just months after Phillips 66 declared plans to shut down...

New Report Shows Arizona Cities Maintain Strong Revenues Amid Calls For Tax Increases

Apr 24, 2025

By Jonathan Eberle | Despite recent claims of financial strain, Arizona cities are experiencing robust revenue growth, according to the Arizona Tax Research Association's (ATRA) April 2025 newsletter. The report highlights that municipalities have accumulated...

Campaign Launches In Support Of Glendale Propositions 401 And 402

Apr 7, 2025

By Jonathan Eberle | A new campaign, Yes for Glendale, has been launched in support of Propositions 401 and 402, two measures set to appear on the May 20 mail-in ballot. The propositions concern land use and zoning changes necessary for the completion of VAI Resort, a...

Glendale Mayor Announces Support For Propositions In May Special Election

Apr 4, 2025

By Matthew Holloway | Glendale Mayor Jerry Weiers is enthusiastically supporting two upcoming ballot propositions for the city, which are set to be voted on in the May 20th special election. The two propositions, Props 401 and 402, would reportedly affirm the Glendale...

Schweikert Asks Congress – ‘Do You Understand How SCREWED WE ARE?’

Apr 3, 2025

By Matthew Holloway | Congressman David Schweikert (R-AZ-01) raised an alarm about what he believes is the oncoming fiscal demise of the U.S. in a speech from the House floor. Schweikert explained that a simple series of calculations “point to a shrinking labor force,...