economic issues Archives

The Dow Reaches 12,000 — Where Will We Go From Here?

Stock Market

The Dow Jones Industrial Average briefly climbed to 12,000 on Jan. 26. Is this a sign of hope for our economic growth? The last time the Dow traded at the 12,000 level was in June 2008, when our economy was just starting to see the effects of job losses, dollar value changes, tax concerns, mortgage… Read More →

Arizona’s Medical Marijuana Proposition Passes, But Where Will The Dispensaries Go?

Medical Marijuana Where Will The Dispensaries Go

Arizona voters made history again this month, narrowly approving Proposition 203, the ballot initiative allowing one medical marijuana dispensary for every 10 pharmacies in the state (which translates to about 120 statewide). Under Prop. 203, patients suffering from a wide range of painful medical conditions will be able to buy small amounts of marijuana from… Read More →

Financial Institutions In Arizona Are Expected To Receive Bailout Money

Financial Institutions Receive Bailout
by in AZ Business Magazine | Economy | Finance

While most of Arizona’s state-chartered banks were mulling over their options for federal assistance late last year, Uncle Sam was injecting billions of dollars of new capital into national banking companies with Arizona subsidiaries. The question is whether any of that money from the Department of the Treasury’s $700 billion Troubled Asset Relief Program (TARP)… Read More →