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economy

Jul 11, 2012

City of Phoenix to invest money with local banks

The city of Phoenix is launching a plan to invest up to $50 million in public money with banks and credit unions in the metro area with the goal of providing them with the capital to make loans to businesses and individuals.

Jul 11, 2012

Arizona panned for family leave protections, along with most other states

WASHINGTON – Arizona got a grade of D for its legal protections for employees who need to take family or medical leave, in a recent national report ranking states on their health leave laws. But the state was in good company: The report by the National Partnership for Women and Families gave grades of D or F to 34 states for their leave policies for both public- and private-sector workers.

Jul 10, 2012

AZ retailers ratchet up pressure for online sales tax

Arizona retailers are planning to increase the pressure on lawmakers to force online retailers to collect state sales tax.

The Arizona Retailers Association is concocting a public-relations campaign to intensify awareness and garner support for an online sales tax.

Jul 10, 2012

Brewer opposes proposed Arizona sales tax increase

Arizona Gov. Jan Brewer says she opposes a proposed state sales tax increase. Initiative petitions filed last month would have Arizona voters decide in November on a permanent increase of a penny on the dollar.

Jun 11, 2012

Ariz. college looks at property tax raise, layoffs

SIERRA VISTA a�� A southern Arizona college is relying on local property owners to contribute to its budget. The Sierra Vista Herald reports the Cochise College governing board will consider a 2 percent increase in the property tax rate during a hearing Tuesday on next year's budget.

Jun 4, 2012

GOP touts $2.5B in tax cuts, but critics say Arizona can’t afford them

Policymakers often point to the state’s conservative spending plan that eschewed accounting gimmicks and set aside money for rainy days as the biggest victory of the Republican supermajority.

May 18, 2012

Economic update: April revenues strong

State tax collections continue to outpace expectations, and April general fund revenues were boosted by an unexpected spike in individual income tax collections.

May 15, 2012

ASU economists: Arizona is slowly recovering

Arizona’s economy is picking up, albeit full recovery is still a few years away, economists from Arizona State University’s W.P. Carey School of Business said at a forum today.

May 14, 2012

Military officials: Veterans struggle to find work after service getting worse

When Michael Luna left for basic training with the Arizona Army National Guard in July, little did he know what his time would be occupied with when he would return home in December.

Finding a job.

May 4, 2012

Commerce Authority ‘stipends’ draw scrutiny

The Arizona Commerce Authority set off alarms at the Goldwater Institute this week after the government agency announced it would be awarding thousands of dollars to companies that were eliminated from a competitive grant program.

May 3, 2012

Arizona sees rise in revenues from tribal casinos

Arizona has seen its revenue from tribal casinos rise for the seventh consecutive quarter. The Arizona Department of Gaming reported Wednesday that tribes' payments to the state will be about $24.3 million for the quarter that ended March 31.

Apr 26, 2012

Bill aimed at stopping United Nations takeover of U.S. advances

The Arizona House of Representatives on Wednesday gave initial approval to a bill that some proponents say is aimed at stopping a United Nations conspiracy to take away the rights of American citizens. Critics say the bill is not only based on crackpot “one-world-order” theories, but that it would make valuable state programs illegal and take away the state’s authority to manage natural r[...]

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