The Conference Board Consumer Confidence Index® increased slightly in March to 104.2 (1985=100), up from 103.4 in February. The Present Situation Index—based on consumers' assessment of current business and labor market conditions—decreased to 151.1 (1985=100) from 153.0 last month. The Expectations Index—based on consumers' short-term outlook for income, business, and labor … [More]
Half of Employed Consumers Have Supplemental Income Sources in Addition to Their Paychecks
LendingClub Corporation, the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the 20th edition of the Reality Check: Paycheck-to-Paycheck research series, conducted in partnership with PYMNTS. The Supplemental Income Edition examines how U.S. consumers are turning to alternative sources of income to supplement what … [More]
Four Former Tempe Mayors Support Tempe Entertainment District, Effectively Opposing Sky Harbor Legal Action
Four former Tempe Mayors, Harry Mitchell, Neil Giuliano, Hugh Hallman, and Mark Mitchell, have differing backgrounds and policies but they are all supporting a plan to convert an old Tempe landfill into a new sports and entertainment district, along the banks of the Tempe Town Lake. They are all endorsing Proposition 301, 302, and 303. They said so at a news conference held at … [More]
Nikola Announces $100M Public Offering of Common Stock
Nikola Corporation announced that it has commenced an SEC-registered underwritten public offering of up to $100.0 million of shares of its common stock, before deducting underwriting discounts and commissions and other offering expenses. Nikola expects to grant the underwriter a 30-day option to purchase up to an additional $15.0 million of shares of its common stock at the … [More]
After More Than Two Decades of Service, Flinn Foundation Board Chair to Retire
Dr. David Gullen, the longest-serving member of the Flinn Foundation board of directors, is stepping down as chair after 21 years of leading the philanthropic grantmaking organization. He will remain a board member through March 2024 before retiring. Gullen, a physician who practiced internal medicine in the Phoenix area for nearly 35 years before retiring, joined the Flinn … [More]
Valley Employers Seeking to Build Diverse Talent Pipeline Invited to Local Employer Summit, Apr. 5
To support employers in their efforts to attract and retain a diverse talent pipeline, Fresh Start Women’s Foundation is hosting its first annual Employer Summit on Wednesday, April 5. With more than 9 out of 10 employers struggling to fill positions in today’s tight labor market, the goal of this event is to provide attendees with innovative solutions to developing a diverse … [More]
Blue Zones Project Launches in Scottsdale: HonorHealth, Goodwill and Cigna Lead the Charge
HonorHealth, Cigna Healthcare, and Goodwill of Central and Northern Arizona are announcing the launch of Blue Zones Project in Scottsdale to help residents live better, longer lives. Blue Zones Project is a comprehensive initiative that transforms the environments where people live, work, learn, and play to measurably improve community well-being, resilience, and economic … [More]
BofA Names New Phoenix President, Past President to Retire
Bank of America has named Scott Vanderpool president of Bank of America Phoenix. The company also announced that widely known business leader Benito Almanza plans to retire April 6 after 45 years of service with the company and 22 years as Phoenix and Arizona president. As Phoenix president, Vanderpool assumes the responsibilities for connecting Bank of … [More]
Arizona Adds New Tech Jobs, Tech Businesses in 2022, Says Report
Arizona added more than 5,000 new tech jobs to its growing ranks of tech workers in 2022, according to a new report released today by CompTIA, the nonprofit association for the information technology (IT) industry and workforce. CompTIA's annual "State of the Tech Workforce" shows that net tech employment1 in Arizona grew by 2.6% in 2022, with the number of people employed … [More]
Airline Announces Nonstop Service from Phoenix to Houston and Tampa
Ultra-low fare carrier Frontier Airlines will launch new seasonal nonstop service from Phoenix Sky Harbor International Airport (PHX) to Houston’s George Bush Intercontinental Airport (IAH) and Tampa International Airport (TPA) in May and June of 2023. With the new service, Frontier will serve more than 20 nonstop destinations from PHX and offer its largest ever summer schedule … [More]
Speak Up: Portuguese Is the Highest-Paid Foreign Language in Phoenix
Language learning platform Preply has analyzed more than 1.5 million job ads to discover the highest-paid and most in-demand second languages in Phoenix and the rest of the US right now. If you speak Portuguese you are in luck because employers in Phoenix are willing to pay a pretty penny for this skill. Portuguese is in fact the highest-paid second language in Phoenix at … [More]
New Google Fiber Makes Its Way to Arizona
Google Fiber announced that they are opening sign-ups in for their first gigabit internet customers in Arizona. Google Fiber broke ground in November in Mesa and is beginning to serve customers in just a few short months. The fiber optic connection is made of glass strands and uses light to transmit information at rates close to the speed of light, which provides a reliable … [More]
Region Receives $36.3M to Help Those Experiencing Homelessness
As the region sees continued increases in the number of people experiencing homelessness, more than $36 million in newly announced federal funding is on the way to help fund dozens of local homelessness programs. The money will be distributed to 32 programs that help provide housing and services to people experiencing homelessness in the Maricopa region. “Helping people … [More]
Auto Retailer Anchors Uniform Sponsorship with Arizona’s Only Pro Soccer Club for Sixth Season
Carvana, an industry pioneer for buying and selling used cars online, is partnering with USL Championship team, Phoenix Rising FC, as the team relocates to a brand new location in 2023, right in the heart of Phoenix, Arizona. Carvana has been Rising’s front-of-kit sponsor since 2018, marking the sixth season the brand has partnered with the Valley-based, two-time Western … [More]
ASU’s West Campus Will Expand to Better Serve Growing West Valley
To meet the needs of a quickly evolving West Valley, Arizona State University announced a large-scale effort to expand its West campus that will include new programs, new buildings and a renewed commitment. University leaders detailed the changes at a celebration with state and community leaders, school and business executives, and ASU West students and staff. “This is an … [More]
City of Phoenix Aviation Department Files Legal Action Against Tempe
After more than a year of attempts to resolve a dispute with the City of Tempe over planned residential developments in a high-noise corridor directly under Phoenix Sky Harbor International Airport's flight path, the Phoenix Aviation Department has filed a formal complaint in Maricopa County … [More]
Public-Private Coalition Announces New Initiatives to Accelerate Water Innovation in Cities, Phoenix Leading Charge
In celebration of World Water Day, the 50 Liter Home Coalition (50L Home), convened by the World Business Council for Sustainable Development (WBCSD) and the World Economic Forum (WEF), announced new efforts to accelerate water innovations in water-stressed cities. Sponsored by private sector leaders, these commitments include funding for a pilot program in Los Angeles, … [More]
Marketing Firm Expands in Phoenix and Denver with Innovative Space
Small Giants, a full-service marketing firm with offices in two major cities, has signed lease agreements and moved into new locations in Phoenix and Denver in response to significant growth. The firm moved into a nearly 10,000 square foot office at 5555 E. Van Buren St., Suite 115 in Phoenix and 2,500 SF office at 686 Mariposa St. in Denver. According to president and … [More]
