Money

Mexican ambassador expresses confidence new trade deal will get done

WASHINGTON - The Mexican ambassador to the U.S. said he is confident final details can be worked out a new trade deal between the two countries and Canada, despite President Donald Trump's "colorful," sometimes disruptive rhetoric on border security as negotiations have progressed in recent months,

Health insurance premiums to drop about 10 percent in Arizona next year

WASHINGTON - Federal officials said health care premiums are expected to drop about 10 percent next year in Arizona, one of 17 states expected to see declines as the rate nationally is predicted to fall by 1.5 percent for the first time since enactment of the Affordable Care Act.

Report: Dip in gaming revenues offset by other gains at Arizona casinos

WASHINGTON - Gambling revenues dipped slightly at Arizona's tribal casinos in 2016, but those losses were more than offset by a strong jump in non-gaming revenues that helped boost total income to $2.23 billion for the year, just shy of pre-recession levels, a new report says.

Court: Bartenders, waiters entitled to higher pay for non-tipped work

WASHINGTON - A federal appeals court ruled that Arizona bars and restaurants cannot pay tipped employees less than minimum wage for doing work that does not directly generate tips, a decision that one attorney called "a game changer" for the industry.

Free thinkers: Advocates tout universal basic income, despite critics

WASHINGTON - Despite reports showing rising incomes and falling poverty, advocates of universal basic income - regular govenment payments to citizens, with no preconditions and no strings attached - say it's as timely now as ever. But critics say UBI is too costly and too impractical to ever come to be.

Poverty rate falls in Arizona, but still exceeds national average

WASHINGTON - An estimated 88,529 Arizonans rose out of the ranks of poverty last year, but that still left about 1 million - or one state resident in seven - living below the poverty level, according to new Census data that show the state's poverty level fell faster, but remained higher, than the nation in 2017.