Money

No hike for Fed: Interest rates remain steady, some Arizonans breathe sigh of relief

After months of anticipation, the Federal Reserve opted not to hike its key interest rate Thursday. The lack of action makes this the longest period in the nation's current economic history not to do so.

Wells Fargo Bank

Open space parks provide economic boost to Maricopa County communities

In the northeast Valley, cyclists from across the country flock to McDowell Mountain Regional Park for its 50 miles of general trails and three competitive tracks.

Saddle Trail sign

Audit finds deficiencies in Arizona Department of Real Estate’s operations

A state audit of the Arizona Department of Real Estate revealed it overcharged customers, and the report also highlighted deficiencies in the department’s cash collection and reporting processes.


Vemma CEO confident after Tempe company’s court hearing on pyramid scheme allegations

NOTE: On Sept. 18, a federal judge barred Vemma Nutrition Co. from resuming most of its business activities. Click here for the follow-up story. BK Boreyko Tuesday said he felt confident in his team's work defending Vemma Nutrition Co. against federal regulators who accused them of running a pyramid scheme.

Vemma bottle picture

French Fry Heaven’s new Tempe location marks its shift to fast-casual dining

TEMPE – Although he'd only been in school at Arizona State University for three weeks, freshman Brad Haskin had already eaten at French Fry Heaven’s new Tempe location 10 times.

French Fry Heaven photo

Phoenix homeowners rank above average for underwater mortgages, Zillow report says

As underwater mortgages continue to drop nationally, many Phoenix homeowners still grapple with negative equity, according to a report released this month by Zillow Inc.


New ‘Chip-and-PIN’ credit cards to change way consumers pay, businesses operate

When Carson Greene saw purchases show up on his credit card bill from California – places he had not visited – he became suspicious.


Cactus League expansion limited by funding, economic impact still significant

Greater Phoenix has increasingly become a destination for MLB teams to prepare for the season. Seven ballclubs called the Valley their spring training home in 2002.


McAlister’s Deli fast casual restaurant chain to expand operations in Phoenix

When it comes to fast casual sandwich-oriented restaurant chains, Arizonans might be most familiar with names like Corner Bakery, Jason’s Deli and Panera Bread.


Phoenix man’s nightmare inspires Bloodhound, an app to locate missing people

William Scot Grey spent about 36 hours in panic nearly a year ago. His father, Ray, had not returned home from walking his dog. Minutes turned into hours, which turned into more than a day.


Experts predict slight gains in Labor Day travel, spending

Americans are projected to spend more than $13.5 billion on Labor Day air and road travel, according to a survey by the U.S. Travel Association.

bike photo

Rising Arizona membership gives unions something to cheer for Labor Day

WASHINGTON - Arizona labor unions have something to celebrate this Labor Day weekend, with union membership in the state rising last year for the first time since the start of the recession.