Residential Mortgage Loan Co. Lands in Tempe, 600 Jobs Planned

Shellpoint Mortgage Servicing

Shellpoint Mortgage Servicing (SMS) is pleased to announce that the company has established operations in Tempe, with plans to create 600 new jobs by the end of 2020. SMS is America’s 5th-largest non-bank mortgage servicer and has operations in Greenville, SC, Houston, TX, and Jacksonville, FL. In July 2019, SMS’ parent corporation, New Residential Investment Corp. (NYSE: … [More]

EN NEGOCIOS: 6 pasos para cerrar su negocio con gracia y empezar de nuevo

por Edgar R. Olivo

Cerrar un negocio es una de las experiencias más estresantes, emocional y económicamente agotadoras que muchos emprendedores tienen que enfrentar. Hay muchas razones por las que un empresario tendrá que cerrar y, a veces, los planes no siempre funcionan de la manera que imaginamos. Considerando el estado de nuestra salud pública y clima económico, ahora más que nunca, las … [More]

6 Steps to Close Your Business Gracefully & Start Over

by Edgar R. Olivo

Closing a business is one of the most stressful, emotionally and financially draining experiences many entrepreneurs have to face. There are many reasons why a business owner will have to shut down, and sometimes plans do not always work the way we envisioned. Considering the state of our public health and economic climate, now more than ever, businesses are facing the … [More]

Consumer Prices Jump Again in July, Rebounding from Pandemic Lows, Up 0.6%

U.S. Bureau of Labor Statistics

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in July on a seasonally adjusted basis, the same increase as in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.0 percent before seasonal adjustment. The gasoline index continued to rise in July after increasing sharply in June and … [More]

Pac-12 Conference Postpones Season, No Football for ASU and UArizona


The Pac-12 CEO Group voted unanimously to postpone all sport competitions through the end of the 2020 calendar year. The Conference comprises 12 leading U.S. universities, including the University of Arizona and Arizona State University. The decision was made after consultation with athletics directors and with the Pac-12 COVID-19 Medical Advisory Committee who expressed … [More]

Anthem Area Residents Get Hospital and Medical Center, Opening in September

HonorHealth Sonoran Health and Emergency Center

The wait is over and now north Phoenix and Anthem residents can call Sonoran Crossing Medical Center their new official neighborhood hospital. Blossoming directly from the beautiful desert acreage on the east of the I-17 and south of Carefree Highway, the three-story, 210,000-square-foot, 70-bed hospital will soon be accepting new patients. “The services and extraordinary … [More]

Public Health Recommendations Released for Safe Reopening in Arizona

Rick McCartney

The Arizona Department of Health Services (ADHS) today announced public health recommendations for the eventual safe reopening of paused businesses in the state of Arizona. On June 27, Governor Ducey issued Executive Order 2020-43 “Pausing of Arizona’s Reopening.” This paused the reopening of several specific industries with operations that are considered by public health to … [More]

$1.2 Million in CARES Act Funding to Boost Economic Development Programs in Arizona

U.S. Economic Development Administration

U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $1.2 million in CARES Act Recovery Assistance grants to three EDA Economic Development District organizations across Arizona to update economic development plans and fortify programs to assist communities in responding to the coronavirus pandemic. “The … [More]

Scottsdale Collaboration Makes Mass COVID-19 Testing More Accessible

Matrix Medical Network

Matrix Medical Network has partnered with Berkeley Data Ventures to improve the availability and ease of COVID-19 testing by combining the power of machine learning and pooled testing. The new solution, driven by machine learning algorithms, will enable more individuals to be tested, more often, through strategic pooled testing. “Frequent testing, for example at a school or … [More]

Majority of Small Businesses Are Attempting to Hire, Labor Market Remains Weak


According to NFIB’s monthly jobs report, over half (51%) of small business owners reported hiring or trying to hire in July. Forty-four percent (86 percent of those hiring or trying to hire) reported few or no qualified applicants for the positions they were trying to fill, up 1 point. Fifty-two percent of construction firms reported few or no qualified applicants and 37% cited … [More]