Money

After 11-year break, IndyCar will return to Phoenix International Raceway

The Verizon IndyCar Series will return to Phoenix International Raceway (PIR) for the first time in over a decade.


McDowell Road’s ‘Miracle Mile’ highlights Phoenix area’s international diversity, culture

The clothes on his back and crumbled documents were the only two possessions Ethiopian refugee Anduale Hassan had to his name after stepping off of the plane at Sky Harbor International Airport. A government official stared when he first saw Hassan.


Campaign spending for 2016 has already topped $5.5 million in Arizona

WASHINGTON - With more than a year until the election, congressional candidates in Arizona have already spent $5.5 million on their campaigns - for everything from consultants to coffee mugs, according to the latest Federal Election Commission filings.


Parking app wins Phoenix’s first ‘App Hack’ competition

ParkX has won Phoenix’s Smart City App Hack competition and will represent the city at the global competition in Barcelona, Spain, in November.


Arizona groups launch equity crowdfunding site to connect businesses with capital

The biggest challenge for Arizona entrepreneurs today is access to capital, said Dan Nienhauser, executive director of Arizona Collaboratory Inc.


‘Mega’ events poised to bring economic impact to Valley area

The Valley has a busy schedule of “mega-events” ahead, and local leaders predict it will net the area economic victories.


Companies target Phoenix’s ‘disconnected youth’ population at job fair

One in five people between the ages of 16 and 24 don’t work and don’t go to school in the Phoenix area. They’re called “disconnected youth” – and experts said they have a significant impact on the economy.

Starbucks

Report: Gains in Hispanic education, business aren’t closing income gap

WASHINGTON - Increasing college enrollment rates among American-born Hispanics and a surge in Latina entrepreneurship aren't enough to eliminate wage disparities that prevent Latino families from improving their economic well-being, a new report said.


National pumpkin shortage near Halloween doesn’t ‘scare’ Arizona

GILBERT – Halloween is days away and Thanksgiving is soon after – and the nation faces a shortage of pumpkins this year because of a recent drought in the Midwest.

pumpkin photo

Senate fundraising off to fast start in what could be a costly campaign

WASHINGTON - The two front-runners for Arizona's 2016 Senate race have raised nearly $6 million between them, new reports show, kicking off what experts say could be a year of heavy spending on elections in the state.


Weak peso hurts border businesses in Arizona

NOGALES, Arizona – Rebeca Castañeda stood behind a counter eagerly watching the doorway at Chi’s store just blocks from the border. It was almost noon and shoppers were scarce.


Phoenix shop expects last-minute surge in Halloween costume sales

Americans are expected to spend $2.5 billion alone on Halloween costumes for adults, children and their pets this year, according to the National Retail Federation.