Business News

The Buzz: How the state went from a surplus to a deficit

Jan 19, 2024 Two economists walk through how the state is facing a projected $1.7 billion deficit by the end of FY 25 after starting last year with a $2.5 billion surplus.

The Gadsden Hotel lays off employees, temporarily closes restaurant and bar

Jan 9, 2024 20 out of 32 employees across the hotel and restaurant were laid off two days after the Christmas holiday

Former UA CFO retains $500,000 salary in new role amid fiscal challenges

Jan 9, 2024 Former University of Arizona Chief Financial Officer Lisa Rulney, after resigning amid a fiscal crisis, keeps her salary exceeding $500,000 in a new advisory role.

Home affordability continues to shrink in Arizona

Jan 2, 2024 Buying a median priced-home could take more than half an average salary in some AZ counties.

The Buzz: Looking back and ahead at our economy

Dec 29, 2023 Economists say growth is likely to slow, but not stop, in the region and nation.

The Buzz: A legislative look-ahead at water and agriculture

Dec 22, 2023 The new legislative session is weeks away, so we look at the state's top water user.

Ciscomani meets with city and county officials, discuss economic issues surrounding U.S.-Mexico border

Dec 20, 2023 The Congressman criticized the Biden Administration's decision to temporarily close the Lukeville Port of Entry.

New project developments underway for South32 Hermosa project

Dec 16, 2023 Mining company addresses community health, workforce development and transparency in Hermosa critical minerals project

Relishing their jobs: Meet the wonder women of the Weinermobile

Nov 24, 2023 Oscar-Meyer “hotdoggers” spend a full year driving the iconic hot dog across the country.

Arizona Thanksgiving meal cost down 28% as turkey prices decrease

Nov 23, 2023 Arizona consumers faced “historically high” prices for their Thanksgiving meal ingredients in 2022.

Sierra Vista City Council approves final plat plan for Buffalo Soldier Ranch housing development

Nov 22, 2023 The new development will span about 111 acres and house a maximum of 349 homes

How Arizona’s economic engines are rumbling towards Ukraine

Nov 20, 2023 Inside the lofty plans of an economic coalition trying to make Arizona integral to Ukraine’s recovery.

Protests fill ABOR meeting following UA's financial crisis

Nov 16, 2023 University of Arizona President Robert Robbins delivered his State of the University and the board of regents approved a new tuition model.

Arizona economic coalition holds meeting with Ukranian officials in Tucson

Nov 15, 2023 The AZDIC has acted as a liaison between Arizona business and Ukraine for many months.

New report finds immigrant contributions in the state in the billions

Nov 15, 2023 A new report by the American Immigration Council found that immigrants contribute more than $26 billion annually to the state’s economy, including more than $5 billion from undocumented immigrants.

UA President addresses financial crisis saying they "overinvested"

Nov 13, 2023 President Robert Robbins' email came after the University of Arizona garnered criticism over its financial status.

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