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Business and Economics

A now-hiring sign is posted at Chase Bank in downtown Phoenix. February 2023

‘It’s not just about salary’: Workers’ market gives employees opportunities, help against inflation headwinds

Feb 25, 2023 Hourly wages in the state grew 5.7% from December 2021 to December 2022.
The Arizona State Capitol Executive Tower in Phoenix. January 2021.

Arizona governor vetoes bill eliminating tax on rentals

Feb 23, 2023 The state does not tax rent payments, but many local governments do.
Crews prepare to start demolition on the former Century Park 16 movie theater. The site falls within an area where land owned by the Pascua Yaqui tribe can make land it owns a part of its reservation.

Closed Century Park theater demolished for new Pascua Yaqui casino

Feb 21, 2023 Congress designates Old Pascua as tribal land.
Workers are returning to a quieter office environment post-COVID.

Study suggests office workers need more sound

Feb 15, 2023 The findings could help designers create better staff environments.
Kris Mayes, a Democratic candidate for Arizona attorney general, smiles before a debate against Republican Abraham Hamadeh on Sept. 28, 2022.

AG Mayes withdraws Arizona's part investigating investment firms and sustainability practices

Feb 14, 2023 The investigation started under the previous attorney general, Mark Brnovich.
Two University of Arizona telescopes on Mount Graham near Tucson.

Report reveals Super Bowl scale economic impact from UA Space Sciences

Feb 9, 2023 Astronomy, optical sciences and space exploration generate significant money and jobs for Southern Arizona.
Glendale's State Farm Stadium will host its third NFL Super Bowl.

NFL extracts significant price for Super Bowl host cities

Feb 8, 2023 The pro league is not required to share revenue it generates from Super Bowl 57 in Phoenix
A Scottsdale Airport staffer waits on a private jet, as the airport gears up for the expected dramactic increase in private jet traffic, leading up to the NFL Super Bowl LVII football game

Super Bowl draws epic air show of private planes to Phoenix

Feb 7, 2023 Private jets drive air traffic during NFL championship each year.
Electrical trade student Nora Marshall, 18, wires a light switch in her electrical class at West-MEC in Buckeye on Sept. 16, 2022.

Building the future: Trade occupations encouraged as demand for skilled labor grows

Jan 29, 2023 The Arizona Commerce Authority estimates that by 2030, the number of people employed in construction and manufacturing jobs in the state are expected to rise 30% and more than 20%, respectively.
Arizona has embraced the legalization of sports betting, and sites including FanDuel at Footprint Center have helped the state become second fastest in the nation to reach a billion dollars in total wagers.

The Buzz: Sports Betting in Arizona

Jan 27, 2023 Arizona has always been a destination for major sporting events, but those within the state now also have the ability to gamble on the outcomes of those games.
Senior Adrina Wilder works on an electric vehicle during class at Cactus High School in Glendale on Oct. 31, 2022. (Photo by Samantha Chow/Cronkite News)

High school students build a road-worthy electric vehicle

Jan 21, 2023 All the parts for the roadworthy EV the students are constructing this semester came from Switch Vehicles in California.
The value of remittances to Mexico has been on the rise in recent years.

Arizona tracks money transfers to Mexico

Jan 20, 2023 ACLU calls it abuse, wants database shut down.
Fresh snowfall in Saguaro National Park, East, near Tucson, Arizona.

The Buzz: Arizona and snow

Jan 20, 2023 While non-rain precipitation is rare in the deserts, it's not uncommon for the mountains to get feet of snow each year.
World View headquarters outside of Tucson.

Pima County cuts new deal with World View

Jan 10, 2023 Previous lease with near-space exploration firm was "unconstitutional."
$20 bills, USD.

Phoenix led the nation in inflation in 2022, but rise may slow in 2023

Jan 7, 2023 In Arizona, the biggest increases came in the price of gas.

The Buzz: A look at Arizona's new government

Jan 6, 2023 The Inauguration of November's winners comes as the legislative session nears.

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