Money

Global economist warns AZ business leaders of possible 2020 recession

SCOTTSDALE – Consumer spending is up and economic growth in Arizona and the rest of the U.S. is on the rise, but investor caution is one sign pointing to a potential recession in 2020, global economist Bernard Baumohl told Arizona business leaders.


Census says 55,000 Arizonans lost health insurance coverage last year

WASHINGTON - The number of Arizonans without health insurance rose by about 55,000 people last year, according to the Census Bureau, as a relatively strong economy was offset by hefty cost increases. The total number of uninsured Arizonans stood at 750,000, or 10.6% of Arizona's population.


Phoenix business owner says SBA can do more to help small firms launch

WASHINGTON - A Phoenix business owner told House members Wednesday that the Small Business Administration is doing a better job of giving minority-owned, small businesses a leg up, but that the agency still needs to improve. The commen


Forgone forgiveness: New try at student loan repayment shows few gains

WASHINGTON - A congressional attempt to salvage a foundering student loan forgiveness program was only marginally better, with just 4% of Arizona applications approved in the second round - and that was four times better than the national rate.


Ducey brings pitch for new North American trade deal to Washington

WASHINGTON - Arizona Gov. Doug Ducey joined business leaders in Washington on Monday to push for final approval of the "critical" U.S.-Mexico-Canada agreement and protect trade that is worth billions in trade to the state.


Smoke ’em if you’ve got ’em: Flavored vape ban alarms Arizona retailers

WASHINGTON - Arizona vape-store owners were alarmed by the Trump administration's announcement Wednesday that it plans to begin enforcing rules that would drive flavored e-cigarettes out of the market, an industry official said.


State boards waste little time approving professional licenses under new law

WASHINGTON - The state is already approving licenses under a new law that requires most professional licensing boards and commissions to accept valid out-of-state licenses, avoiding the cost and hassle of training and testing for an Arizona license to do what they already know how to do.