Economy - AZ FREE NEWS

Senate President-Elect Issues Plan to Counter Inflation Crisis

Dec 10, 2022

By Corinne Murdock | On Wednesday, Senate President-elect Warren Petersen (LD-14) published his plan to help counter the burgeoning inflation crisis. Petersen declared that four approaches would relieve the pressure of rising costs to Arizonans: eliminating rental and...

Small Businesses Continue To Struggle To Fill Job Openings

Nov 7, 2022

By Terri Jo Neff | The struggle to fill job openings continues for mom-and-pop enterprises and other small businesses across the country, according to a report issued Thursday by the National Federation of Independent Business (NFIB). “The labor shortage remains a...

Higher Halloween Candy Prices Were Nothing Compared To Cost For Thanksgiving Dinner

Oct 31, 2022

By Terri Jo Neff | Anyone who bought Halloween candy likely noticed the higher prices and fewer sales. Yet it appears to be just a prelude of things to come heading into Thanksgiving. https://twitter.com/RepDLesko/status/1586719572677120001 Avian flu outbreaks across...

Six U.S. Banks Served With Investigative Demands Over Their ESG Policies

Oct 21, 2022

By Terri Jo Neff | Six U.S.-based global banking firms which participate in Environmental, Social, and Governance (ESG) practices that seek to restrict investment in companies engaged in fossil fuel-related activities are under investigation by 19 states, it was...

Resolution Copper’s Plans to Mine Delayed Again

Sep 19, 2022

By Terri Jo Neff | A 26-page report detailing multiple concerns with last year’s environmental review of Resolution Copper’s plans to mine in and around the Tonto National Forest means the company won’t be securing its required permits anytime soon. Water was the...

Arizona Most Impacted by Biden’s Inflation Crisis

Sep 18, 2022

By Corinne Murdock | Arizona has the highest inflation rate in the country — making this state the number one victim of President Joe Biden’s inflation crisis. The Phoenix-Mesa-Scottsdale area suffers from 13 percent inflation, according to the latest...

Flagstaff to Increase Minimum Wage to Nearly $17 an Hour

Sep 15, 2022

By Corinne Murdock | Come January, Flagstaff will increase its minimum wage from $15.50 to $16.80 an hour, and from $13 to 14.80 an hour for tipped employees. Flagstaff Mayor Paul Deasy shared the news on Tuesday....

August Bankruptcy Filings in Arizona Hit Highest Mark Of Year

Sep 5, 2022

By Terri Jo Neff | Financial eyes are focused on data recently released by the U.S. Bankruptcy Court for the District of Arizona showing August had the highest number of new filings this year, while also being the first month of 2022 to have more new filings than the...

Sierra Vista Company Ranks In Top 5 Fastest Growing In State

Sep 1, 2022

By Terri Jo Neff | A Sierra Vista-based company which started with just one government contract in 2017 has been named to Inc. Magazine’s 5000 fastest growing private companies in America, ranking in the top five in Arizona and number 158 nationwide with more than...

Tucson Prepares to Increase Costs by Requiring Electric Vehicle Charging Stations at New Buildings

Aug 31, 2022

By Corinne Murdock | Last Tuesday, the Tucson City Council mandated new multifamily residential, office, and commercial buildings increase their costs by requiring them to be outfitted with electric vehicle charging stations. The new requirement, Ordinance No. 11953,...

Arizona Governor Lands In Taiwan To Kick Off 5 Day Trade Mission

Aug 31, 2022

By Terri Jo Neff | Foreign trade missions are a tool for key industry and government leaders to develop international business opportunities by meeting face to face. And right now, Gov. Doug Ducey is in Taiwan for one such trip that will include time in the Republic...

Arizona Republic’s Parent Company to Cut Salaries, Start Layoffs Following $54 Million Loss

Aug 10, 2022

By Corinne Murdock| Gannett, parent company to the Arizona Republic, will commence layoffs and diminish salaries following a poor second quarter last week. Gannett, which also owns half of the Arizona Daily Star, said in a press release that this...