Colorado Springs Summer 2021 Tourism Is Back!

Rick McCartney

This summer turned out to be a success for tourism in Colorado Springs, even meeting or exceeding several key 2019 figures. 2019 was a record year for the region, and 2020 was primed to be even better until the pandemic hit. While expectations were hopeful for what 2021 recovery would bring, the industry rose above. Notable successes included the traffic at the Colorado … [More]

An Analysis of COVID Travel as Chicago Opens Safety Protocols

Rick McCartney

The COVID-19 pandemic had and still has an unprecedented impact all over the world. While struggling to get people vaccinated, national governments and individual organizations prepared different strategies to fight this coronavirus, preserve jobs, and enable the safe restart of economies. For instance, complete or partial lockdown, home quarantine, and online working … [More]

AOT Celebrates March as Arizona Wine Month with New Campaign

inbusinessPHX.com

March has been officially proclaimed Arizona Wine Month by Governor Hobbs and the Arizona Office of Tourism has launched a new campaign to increase awareness among residents and visitors of Arizona’s award-winning wines, winemakers and wine regions. The campaign uses social media posts, digital advertising and billboards to deliver a glimpse into the personal process of … [More]

Multi-Year Tuition Proposals Announced for Arizona’s Public Universities

inbusinessPHX.com

Presidents of Arizona’s three public universities released their proposed six-year maximum growth rates for resident tuition, academic fees, and meal and housing plans today. Earlier this year, the board approved a new multi-year tuition structure to increase cost predictability for resident students at Arizona’s public universities, including setting maximum tuition growth … [More]

CPI Rises 6% in February as Shelter Increases, Inflation Falls as Expected

U.S. Bureau of Labor Statistics

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in February on a seasonally adjusted basis, after increasing 0.5 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.0 percent before seasonal adjustment. The index for shelter was the largest contributor to the monthly all … [More]

WEBINAR – Mar. 28: Use S.M.O.G. Strategies to Get a Clearer View of Your Business

Arizona Commerce Authority

UPCOMING SESSIONS Join us for the upcoming Small Business Boot Camp virtual webinars and monthly workshops. If you've missed past sessions, watch here. Use S.M.O.G. Strategies to Get a Clearer View of Your Business 03/28/2023 | 9:00 AM Develop distinct sales, marketing, operations, and growth strategies for business success. REGISTER NOW … [More]

Five Teams in Arizona Named to the Forbes Best-In-State Wealth Management Teams List

inbusinessPHX.com

  UBS Wealth Management USA announced that five of the firm’s financial advisor teams in Arizona have been named to the Forbes Best-In-State Wealth Management Teams list for 2023. Three of the five teams are based in Phoenix, and two are in Tucson. "Our advisor teams develop lasting relationships with clients by listening to and understanding their priorities and … [More]

FDIC Establishes Signature Bridge Bank, N.A., as Successor to Signature Bank, New York

inbusinessPHX.com

Signature Bank, New York, NY, was closed by the New York State Department of Financial Services, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC transferred all the deposits and substantially all of the assets of Signature Bank to Signature Bridge Bank, N.A., a full-service bank that will be operated by the FDIC as … [More]

Republic Services Workers in Arizona Join Teamsters

inbusinessPHX.com

Workers at Republic Services have voted overwhelmingly for representation with Teamsters Local 104 in Phoenix. The 60 workers include full-time and part-time drivers, operators, compactors, and scale clerks at the Cave Creek Transfer Station in North Phoenix. They seek higher pay, affordable health care, better working conditions, and respect. This is the … [More]

Western Alliance Bank Issues Updated Financial Figures in Wake of Industry Developments

inbusinessPHX.com

Western Alliance Bank, in light of recent industry events, updates finiancial information so that bank customers are infomed in light of recent events involving finiancial institutions. With more than $65 billion in assets, Western Alliance Bancorporation is one of the country’s top-performing banking companies. Through its primary subsidiary, Western Alliance Bank, Member … [More]

Company Expansion Continues as New Locations Open Across Salad and Go’s Home-State        

inbusinessPHX.com

Salad and Go announced a new store coming in March to the Arizona market of Surprise. This marks the brand’s second location in the Surprise area. Growing Salad and Go’s local presence to more than 50 locations across Arizona while expanding the brand’s national footprint to more than 85 locations across Arizona, Texas, Oklahoma and Nevada. The continued expansion is a … [More]

FDIC Acts to Protect All Depositors of the Former Silicon Valley Bank

inbusinessPHX.com

The Federal Deposit Insurance Corporation (FDIC) today transferred all deposits—both insured and uninsured—and substantially all assets of the former Silicon Valley Bank of Santa Clara, California, to a newly created, full-service FDIC-operated ‘bridge bank’ in an action designed to protect all depositors of Silicon Valley Bank. Depositors will have full access to their … [More]

Financial Tips for This Women’s History Month

by Shawn L. Bernhard, CFP®

March is Women’s History Month, celebrating the amazing contributions women have made through the years. The U.S. Small Business Administration estimates women in Arizona make up about 46% of workers and own more than 45% of businesses. Other estimates from Merchant Maverick’s Top States for Women-Led Entrepreneurs rank Arizona third in the nation for women-led businesses, with … [More]

‘Mr.: You Can Hear the Song of This Town’ Closes This Sunday at Phoenix Art Museum

inbusinessPHX.com

Don't miss your last chance to experience Mr.: You Can Hear the Song of This Town before it closes this Sunday, March 12. The immersive special-engagement exhibition explores the vivid, chaotic, and manga-inspired world of one of today’s most popular Japanese artists. Mr.: You Can Hear the Song of This Town showcases the imaginative and visually complex works of contemporary … [More]

Dance Heginbotham to Present Performance Full of Athleticism, Humor, Theatricality 

inbusinessPHX.com

Dance Heginbotham will perform an evening of work in collaboration with Ethan Iverson, the critically acclaimed jazz composer, pianist and founding member of The Bad Plus, at Scottsdale Center for the Performing Arts on March 25. Dance Heginbotham has established itself as one of the most adventurous and exciting new companies on the contemporary dance scene. Iverson, along … [More]

San Francisco Multifamily Investor Acquires Community in Phoenix

inbusinessPHX.com

San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 296-unit Springs at Deer Valley apartment community in Phoenix. The purchase marks the firm's seventh property in their current portfolio in the state of Arizona. The community will be rebranded as the Ironwood at Happy Valley apartments. The property was marketed by Walker & Dunlop's investment … [More]

Rents Drop to Lowest Level in a Year, Says Report

inbusinessPHX.com

The median U.S. asking rent rose 1.7% year over year to $1,937 in February—the smallest increase in nearly two years and the lowest level in a year, according to a new report from Redfin, the technology-powered real estate brokerage. Rents were up nearly 10 times that much (16.5%) a year earlier. February was the ninth straight month in which rent growth slowed on a … [More]

PCs and Laptops Losing Race with Mobile Phones: Global Ownership Rate Dropped by 8.1% in 2022

inbusinessPHX.com

Over the past years, global PC and laptop ownership, usage and importance have significantly dropped, replaced largely by smartphones. The downsizing trend continued in 2022, with both PCs and laptops seeing their ownership rates among internet users fall. According to data presented by CasinosEnLigne.com, 58% of internet users owned a PC or laptop last year, or 8.1% less … [More]

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