The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in October on a seasonally adjusted basis, the same increase as in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.7 percent before seasonal adjustment. The index for shelter contributed over half of the monthly all items … [More]
New Attainable Housing Development ‘Dwell’ Begins Construction on 129 Downtown Tempe Units
Construction will begin soon on Dwell: A Work @ Home Community. The development by Holualoa Companies is located at Fifth Street and Farmer Avenue. Units will be priced for people making 80 to 120% of the average median income in the Valley. The Tempe project will be constructed among the existing Farmer Studios buildings in the first in what is envisioned to be a series of … [More]
ASU Leads $25M Project to Develop Climate and Environmental Laboratory
Across Arizona, communities are increasingly forced to deal with the consequences of extreme heat exacerbated by climate change and urban growth. Cities in the region routinely experience more than 30 days above 110 degrees Fahrenheit each summer and growing populations continue to be strained by the complex interactions of extreme heat, atmospheric … [More]
Freeport-McMoRan Becomes Latest Superbowl Host Committee Partner
The Arizona Super Bowl Host Committee announces Freeport-McMoRan as an Official Partner. The partnership focuses on accelerating the economic impact on the state and leaving a lasting legacy in the community through education-focused initiatives. Freeport-McMoRan is the presenting partner of the 100 Yards of Education: A STEM … [More]
Phoenix Ranked #6 Most Festive Holiday U.S. City
With the holidays just around the corner and the sun setting earlier and earlier, it’s the perfect time to brighten your home with a sparkling light display. Whether you’re gathering for a celebration or just enjoying the coziness of home, decorating with lights is a tried and true way to make home a welcoming spot in winter. If you look forward to the lights every winter, … [More]
onsemi Joins Racing Team as Official Partner for the 2023 INDYCAR Season
onsemi, a leader in intelligent power and sensing technologies, today announced that it joined McLaren Racing as an Official Partner of the Arrow McLaren SP Team and its No. 6 Chevrolet, piloted by Felix Rosenqvist, for the 2023 NTT INDYCAR SERIES season. As a leading semiconductor manufacturer with a global supply chain, onsemi delivers intelligent technology solutions to help … [More]
Nikola Partners to Accelerate Charging Infrastructure Solutions
Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, and ChargePoint Holdings, Inc., a leading electric vehicle (EV) charging network, today announced a partnership to accelerate the deployment of electric vehicle charging infrastructure for fleets across the U.S. The collaboration will enable Nikola and the Nikola … [More]
Phoenix-Based Healthy Fast-Food Alternative Co. Expands to Second State Outside of Arizona
Salad and Go, an emerging QSR industry disruptor committed to revolutionizing fast food, announced today its entry into Oklahoma beginning with two new locations opening this month in Oklahoma City. Salad and Go’s inaugural Oklahoma stores are both set to open November 15 in Oklahoma City. These stores will mark the start of rapid brand expansion across the state of Oklahoma … [More]
Higher Share of Americans Plan Holiday Hotel Stays This Year, Says Survey
The share of holiday travelers who plan to stay in hotels is up this year, and hotels are the top lodging choice among those certain to travel for leisure in the next three months, according to a new national Hotel Booking Index Survey commissioned by the American Hotel & Lodging Association (AHLA) and conducted by Morning Consult. AHLA’s Hotel Booking Index (HBI) is a … [More]
Southwest CPA Firm Merges with Phoenix Group, Expanding Arizona Presence
REDW LLC, which has offices in Phoenix, Albuquerque and Oklahoma City and is one of the Southwest’s 10 largest advisory and CPA firms, has announced that Phoenix-based tax and accounting firm Edwards, Largay, Mihaylo & Co., PL has joined with REDW effective October 31, 2022, increasing REDW’s Phoenix office to nearly 100 team members. What started as casual conversations … [More]
Neighborhood Hub for People 55 and Older Opens in Mesa
In line with its bold mission to help people live healthier lives, Optum Arizona officially opened its doors October 31 to a new community center designed to be a neighborhood hub for people 55 and older in Mesa. The new Mesa Optum Community Center joins four other centers located across the greater Phoenix area, along with one in Tucson. Each center welcomes local seniors … [More]
Phoenix Community Development & Investment Corp. Awarded $45M to Promote Economic Development
Phoenix Community Development & Investment Corporation (PCDIC) was recently awarded a $45 million New Markets Tax Credit (NMTC) allocation from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). This marks the third consecutive year that PCDIC has received NMTC funding following last year’s allocation of $55 million and a … [More]
