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Business and Economics

A "for rent" sign.

The Buzz: Large corporate homeownership and housing prices

May 10, 2024 As the cost to rent or buy a home in Southern Arizona skyrockets, corporate ownership can receive blame.
Craig T. Nelson at an event in the Marroney Theater

Craig T. Nelson delivers commencement address to the UA graduating class of 2024.

May 8, 2024 Also on Arizona Spotlight: The documentary "Fair Play" gives visibility to the unending work of new mothers; and explore the Brazilian martial art of capoeira.
Students in the Semiconductor Technician Quick Start training course at Mesa Community College practice while wearing “bunny suits,” the required workwear at fabrication plants.

Phoenix's semiconductor hiring is slow despite federal investment

May 7, 2024 The government is spending billions to support semiconductor manufacturing in the U.S. But trainees seeking chipmaking jobs may have to wait.
“What we have been able to do with developers is make them understand that not only is there an environmental advantage to saving the trees ... there's also a monetary advantage,” says Rob Kater, owner of Native Resources

As Phoenix makes way for semiconductor factories, this business is saving the native plants that were there first

May 2, 2024 Here's the story of one business at the intersection of conservation and growth amid Phoenix’s semiconductor boom.

The documentary "The Happiest Country in the World: Finland" explores the reasons why.

May 1, 2024 Also on Arizona Spotlight: What "Bad Art Night" at the Arizona Science Center offers the creatively curious; "I Dream in Widescreen 2024" showcases a new class of film makers; and "Stories That Soar!" offers a 4th grader's perspective on "Self Love".
Construction workers take a lunch break in downtown Phoenix. The city has gained almost 200,000 new residents since 2020, according to the Census Bureau, fueling a construction boom.

CHIPS funds are heading to Phoenix, “ground zero for the new economy”

May 1, 2024 An influx of federal investment in the city's semiconductor industry is meant to reshape the economy. But will it work?
House keys

Navigating the Arizona Housing Crisis: Millennials struggle to afford the American Dream

Apr 29, 2024 Exploring barriers for young buyers amidst soaring prices and dwindling inventory.
Pages from the United Healthcare website are displayed on a computer screen, Feb. 29, 2024, in New York. UnitedHealth says files with personal information that could cover “a substantial portion of people in America” may have been taken in the cyberattack on its Change Healthcare business. The company said Monday, April 22, 2024 after markets closed that it sees no signs that doctor charts or full medical histories were released after the attack.

UnitedHealth says wide swath of patient files may have been taken in Change cyberattack

Apr 23, 2024 UnitedHealth says files with personal information that could cover a "substantial portion of people in America" may have been taken in the cyberattack on its Change Healthcare business.
Bananas in the produce section of a grocery store.

Kroger, Albertsons — still hoping to merge — agree to sell more stores to satisfy regulators

Apr 22, 2024 The companies now plan to sell 579 Kroger and Albertsons stores in markets where they overlap.
According to a 2023 Pew Research survey, tipping expectations have grown over the past few years.

What is the new etiquette for tipping?

Mar 26, 2024 While some experts say much of the etiquette remains the same, there are a few new variables to keep in mind.
A graph showing the drop in job openings from 4.9% in December 2023 to 4.3% in late January 2024.

February employment statistics show hiring slowdown

Mar 21, 2024 The Arizona Office of Economic Opportunity have released February’s employment report.
President Joe Biden listens to Intel CEO Pat Gelsinger, left, as Intel factory manager Hugh Green listens, during a tour of the Intel Ocotillo Campus, in Chandler, Ariz., Wednesday, March 20, 2024.

Biden touts Arizona as America's 'future' as government invests $8.5 billion in chipmaker Intel

Mar 20, 2024 The Biden administration has predicted that the cash infusion should help the U.S. boost its global share of advanced chip production from zero to 20%.
Full house at Arizona Stadium, 2017.

Study shows UA sports send Tucson economy soaring

Mar 12, 2024 The report cites Wildcats football, basketball and other events bringing big spenders to town.
The Capistrano Apartments, on East 6th Street, is a Tucson apartment complex.

Mayes sues RealPage and 9 major landlords over rising rents

Feb 28, 2024 AG claims RealPage's "revenue management" algorithm is illegal price fixing.
Firefighters work to contain a blaze in Old Bisbee

Bisbee Main Street fire's cause still unknown

Feb 20, 2024 The mayor set to give an update at City Council meeting Tuesday
This map from Opportunity Atlas shows the average income for adults based on where they grew up.

The Buzz: Combatting Generational Poverty in Pima County

Jan 26, 2024 A new effort aims to help those who are born into poverty move up the socio-economic ladder.

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