The American Legislative Exchange Council (ALEC) released States That Work: A Labor Policy Roadmap Across America, a groundbreaking publication ranking all 50 states based on their commitment to worker freedom and pro-growth labor reforms. Arizona claims the top spot, earning recognition as the nation’s leading example of how principled labor policy fuels economic … [More]
Arizona Is Among the Most Affected by Inflation
Phoenix losses reach 86% of interest gains over 40 years, study reveals
Many Americans see their account balances growing and assume they're building wealth, but don't realize how much of that growth is being canceled out by rising prices. A new study by RealWorldInvestor.com, an investing review site, has calculated how inflation will erode Americans' savings over the next four decades, revealing stark regional differences in how much of their … [More]
Phoenix Suns Make Official New Head Coach Hire
The Phoenix Suns have named Jordan Ott as the team’s head coach. Ott is a veteran basketball coach with nearly two decades of experience including 12 years in the NBA. “Jordan embodies the culture of excellence and accountability we're going to prioritize,” said Suns owner Mat Ishbia. “He is young, hungry and is ready to be an NBA head coach. His track record of developing … [More]
Opening of South Central Light Rail Extension/Downtown Hub Celebrated
5.5-mile light rail extension connects South Phoenix to Valley Metro Rail’s new two-line system
More than 5,000 community members, along with federal, state and local officials, gathered to celebrate the opening of the South Central Extension/Downtown Hub light rail expansion in Phoenix. The extension represents an historic milestone for Valley Metro Rail marking the system’s evolution to a 35-mile two-line rail system. The A line now travels east/west and the B line … [More]
Phoenix-Based Premium Chauffeured and Transportation Services Co. Names New CEO
Carey International, a renowned global provider of premium chauffeured services and ground transportation solutions and a portfolio company of The Najafi Companies, announced the appointment of Alexander Mirza as Chief Executive Officer. As CEO, Mirza will be responsible for strategic, operational and financial leadership of the company. Mirza will take over from Mitchell … [More]
Piper Names New Director of Eyes On Learning Coalition
Virginia G. Piper Charitable Trust has appointed Laura Smith as the new director of Eyes On Learning, a coalition of state, local, and national organizations dedicated to improving the vision health of Arizona’s children. About 1-in-4 school-age children have a vision problem that may affect their ability to learn. Healthy vision is especially vital in early childhood … [More]
Avnet’s New HQ Building Purchase Sparks Tempe Move
Avnet, Inc., a leading global technology distributor and solutions provider, purchased a 150,000-square-foot Class A office building in Tempe that will serve as Avnet’s new global headquarters. Transwestern Real Estate Services represented ElmTree Funds, LLC in the sale of the property at 2155 East GoDaddy Way in Tempe. The transaction marks the second largest investment … [More]
Main Street Labor Market Weakened in May
Small business owners continue searching for qualified applicants
NFIB’s May jobs report found that 34% (seasonally adjusted) of small business owners reported job openings they could not fill in May, unchanged from April, and the lowest since January 2021. “Amid uncertainty, small business owners’ hiring plans remain subdued in May,” said Chief Economist Bill Dunkelberg. “Compensation pressures have also eased offering some much needed … [More]
Credit Union Launches New Initiative to Serve Arizona’s Underbanked Population
With over 600,000 Arizonans estimated to be underbanked, Arizona Financial Credit Union has announced the launch of Azpire, a dedicated new initiative aimed at addressing the needs of individuals who operate outside of traditional banking systems. Unbanked and underbanked individuals often rely on alternative financial services such as check cashing, title loans, and money … [More]
EVENT – Jun 25: Arizona Technology Council’s 3rd Annual E-Mobility + Clean Energy Summit
Event description: Get ready to be part of the electrifying energy revolution in Arizona! Our state is on the fast track to becoming a tech powerhouse in e-mobility and clean energy. Join us at our 3rd annual summit as we dive into the future of this booming industry. Don’t miss out on the chance to connect with top companies and partners dedicated to shaping a sustainable … [More]
Medical Care Center Hires Renowned LGBTQ+ Healthcare Pioneer as New Medical Director
Spectrum Medical Care Center announces the addition of Howard Grossman, M.D., a highly respected board-certified internist renowned for his groundbreaking contributions to HIV medicine and LGBTQ+ health, as the clinic's new medical director. Recognized as an innovator, having opened the first-ever private primary care practice exclusively dedicated to LGBTQ+ health and for his … [More]
$10.5M Grant to Revitalize News Industry through ASU’s Knight Center for the Future of News
Powered by funding from the John S. and James L. Knight Foundation and an additional $4 million investment from Arizona State University the Knight Center for the Future of News at the Walter Cronkite School of Journalism and Mass Communication aims to transform and strengthen the American news ecosystem. Upon its official launch July 1, the … [More]
Arizona among Top 10 U.S. States Most Likely to Face Heatwave Fatalities, Study Finds
The research by Las Vegas-based personal injury lawyers Ladah Injury & Car Accident Lawyers analyzed heat-related illness deaths and record temperatures across major U.S. states. It measured two main metrics: Heat-Related Illness Deaths (scored out of 60 points) and All-time Maximum Temperature (scored out of 40 points). These metrics were totaled to rank the states from … [More]
Luxury Housing Market Loses Spring Momentum, Metro Phoenix Sees Price Cuts
The luxury housing market tapped the brakes in April. Financial volatility led both buyers and sellers at the high end to hit pause, according to Zillow's latest look at the luxury housing market. The typical luxury home — defined as the top 5% most valuable homes in each region — is now worth about $1.8 million nationwide, and more than double that in six major metros: San … [More]
Ready to Roll: Celebrating Major Transportation Projects across the Region
Two of the Valley’s most high-profile transportation projects are nearing completion, and the week of June 2–7 marks a regional celebration of this long-awaited progress. The Maricopa Association of Governments (MAG), in partnership with regional and local agencies, is launching Ready to Roll Week, a celebration showcasing newly completed infrastructure, key safety … [More]
Lucid Strengthens U.S. Supply Chain with New Graphite Material Supply Agreement
Lucid Group, Inc., maker of the world's most advanced electric vehicles, announced the signing of a multi-year supply agreement with Graphite One for American-sourced natural graphite, further strengthening the company's supply chain for American raw materials and resources. Lucid assembles the Lucid Air and new Lucid Gravity vehicles in its state-of-the-art, vertically … [More]
Phoenix-Based Digital Health Startup Names Public Sector Healthcare Veteran as Chief Strategy Officer
Drive Health, a Phoenix-based digital health startup, today announces the appointment of James Stringham as Chief Strategy Officer (CSO). Stringham brings unmatched experience in public sector healthcare, having most recently led organizations like Banner Government Health Plans and Magellan Healthcare through complex, large-scale public sector contracts including AHCCCS … [More]
AI Brings Smarter Energy Management to Rental Property Platform
SmartRent, Inc., the provider of smart communities solutions and smart operations solutions for the rental housing industry, announced the continued evolution of its platform with the introduction an AI-powered intelligence layer and enhanced energy management tools designed to empower operators to make informed decisions to reduce utility waste, cut costs and support ESG … [More]
