WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year, and faces threats from high inflation and rising interest rates, yet economists foresee a return to growth for…
NEW YORK — Stocks rose broadly in afternoon trading on Wall Street Tuesday as technology stocks rallied following a weak start. The S&P 500 rose 1.3% as of 1:19 p.m.…
Arizona’s jobs are once again breaking new ground, after regaining their pre-pandemic peak in November 2021. In addition, the state unemployment plunged during the second half of the year, as…
Nestlé USA has announced plans to invest $675 million in building a 630,000-square-foot beverage factory in Glendale. The facility is scheduled to open in 2024 and create more than 350 jobs. “Nestlé’s…
The City of Glendale, Arizona is experiencing unprecedented growth in both commercial development and job creation. Glendale’s economic development strategies have focused on increasing its tax base while targeting the…
The Arizona unemployment rate dropped to 3.6% in February, well below pre-pandemic levels and the lowest it has been since 2007, according to the most recent numbers from the Bureau…
With four electric vehicles registered in the state for every 1,000 Arizona residents, Arizona is number 7 nationally for electric vehicle ranking. The state is also becoming an EV sales…
A study just released by Applied Analysis shows that Cox, a family-owned business serving the Phoenix Metropolitan area and Southern Arizona since 1995, has a $5.5 billion positive economic impact in Arizona annually.…
While many of the nation’s businesses have struggled throughout the pandemic, the economy of Metro Phoenix has been firing on all cylinders. “Arizona has been the benefactor of many elements…
Wages rose 5.3% in the Phoenix metro area last year, but prices rose almost twice as fast, with rising fuel and food prices eroding workers’ buying power despite a surging…
LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s leading digital marketplace bank, today released findings from its sixth edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. Key takeaway: At the end…
The Arizona Department of Gaming released the event wagering and fantasy sports revenue reports for the month of November today. Through the first three months of operations, Arizona has had…
