Economy - AZ FREE NEWS

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...

Despite Billions In Federal Funding, Intel Layoffs In Arizona Will Cost Taxpayers Even More

Oct 24, 2024

By Matthew Holloway | While the Biden-Harris administration is still boasting of the success of the CHIPS and Science Act, the Intel Corp. announced it will cut 15,000 jobs across the nation, "as part of the broad-based cost savings plan.” New reports show that almost...

‘Inflation Misery Index’ Skyrockets In Arizona

Oct 15, 2024

By Matthew Holloway | A new report from the Common Sense Institute Arizona (CSI) titled the "Inflation Misery Index" was released last week. The report illustrates how unsustainably expensive it has become to live and raise a family in Arizona due to ballooning...