Grand Canyon Resort Corporation announced today extensive new health and safety standards and protocols, as it prepares to reopen Grand Canyon West on June 1, 2020. Grand Canyon West has enhanced its health and cleanliness standards and protocols to provide the most safe and secure environment possible for both its team members and guests. Highlights of the new standards and … [More]
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Phoenix-Based Bank Donates $150,000 to AZ Coronavirus Relief Fund
State of Arizona Office of the Governor
Western Alliance Bank has donated $150,000 to the AZ Coronavirus Relief Fund, supporting Arizona’s medical professionals and families in need. The fund has received more than $8.2 million in donations, which will be used to help mitigate the medical and economic impact of COVID-19 in Arizona. “Arizona’s business community continues to step up to provide aid where it’s … [More]
One-Quarter of Small-Business Borrowers Anticipate Needing Additional Help
NFIB
As applications for Paycheck Protection Program (PPP) loans slow, the nation’s leading small-business association today released the results of a comprehensive survey of its members about how these loans are being used, the effect they’re having, and challenges owners face in maximizing loan forgiveness. “With 1 out of 4 small businesses being ‘severely negatively impacted’ … [More]
New Small Business Report: Severe Economic Impact on Nation’s Small Business Community
National Association for the Self-Employed
With the novel coronavirus impacting small business community, the National Association for the Self-Employed (NASE) today highlighted the survey results of the State of Small Business Report conducted by the Small Business Roundtable and Facebook, which indicates that small and medium-sized businesses in the United States are being hit hard by the COVID-19 crisis. NASE has … [More]
Phoenix Grants $14M for Small and Micro Businesses and Restaurants
City of Phoenix
The city of Phoenix is helping its small businesses, microbusinesses and restaurants to the tune of $14 million. With a new round of grants, the mayor and council are directing a portion of the city’s federal CARES Act funding into the hands of struggling Phoenix businesses through the Phoenix Small Business Resiliency Grants Program. The Resiliency grants include a second … [More]
Phoenix Gains the Most New Population in 2019, Fourth Consecutive Year
City of Phoenix
Topping the nation in population growth for the fourth consecutive year, Phoenix added more new people than any other city in 2019 compared to the 2018 population estimates. The U.S. Census Bureau 2019 estimates rank Phoenix on top with a gain of 26,317 new residents, bringing its estimated population to 1,680,992. The population growth still pegs Phoenix’s as the fifth … [More]
2.4M Jobless Claims Last Week, Making 9-Week Total more than 38M
U.S. Department of Labor
In the week ending May 16, the advance figure for seasonally adjusted initial claims was 2,438,000, a decrease of 249,000 from the previous week's revised level. The previous week's level was revised down by 294,000 from 2,981,000 to 2,687,000. The 4-week moving average was 3,042,000, a decrease of 501,000 from the previous week's revised average. The previous week's average … [More]
Political Affiliation Seen as Divide on COVID-19 in Battleground States, including Arizona
CNBC
CNBC and Change Research today announced the results of their latest joint “States of Play” poll, conducted May 15th – May 17th. The poll reveals a marked divide in beliefs surrounding how the government has and should handle the coronavirus pandemic in six major battleground states (Arizona, Florida, Michigan, North Carolina, Pennsylvania, and Wisconsin), largely based on … [More]
$500,000 to Further Expand Child Care through Arizona Relief Fund
State of Arizona Office of the Governor
$500,000 from the AZ Coronavirus Relief Fund has been allocated to organizations that provide out-of-school child care in the state. The funding will support extended hours and enrichment programs to meet the increased demand of child care for families while students distance learn and parents or guardians work. The organizations will continue to support students in their … [More]
Small Business Owners are a Target for Predatory Lending Practices during the COVID-19 Pandemic
by Edgar R. Olivo
Now that the pandemic changed how small-business owners borrow money, they continue to be a major target for predatory lending practices. Small-business owners who are borrowing for the first time need to be equipped with all the right information and access to all the support they can get, to know they got the best deal. As the economic crisis continues to reveal more needs … [More]
