A medida que la pandemia revela las debilidades en la economía global, surge una nueva oportunidad para los propietarios de pequeñas empresas en los Estados Unidos que planean hacer crecer sus negocios a través de las fronteras de Canadá y México con el Tratado entre Mexico-Estados Unidos-Canadá o T-MEC, que entró en vigor el 1 de julio de 2020. Pero, muchas pequeñas empresas … [More]
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EN NEGOCIOS: Lo que las pequeñas empresas necesitan saber sobre el nuevo acuerdo comercial T-MEC (USMCA)
por Edgar R. Olivo
What Small Businesses Need to Know about the New USMCA Trade Agreement
by Edgar R. Olivo
As the pandemic reveals the vulnerabilities in the global economy, a new opportunity emerges for small-business owners in the United States who plan to grow their business across the Canadian and Mexican borders with the United States-Mexico-Canada Agreement, or USMCA, which went into effect on July 1, 2020. But, many small businesses in the United States are still unaware of … [More]
Prepare for a Cooldown: Report Says Home Prices Were Up in May, Could Slump over the Summer
CoreLogic HPI Forecasts
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for May 2020. Nationally, home prices increased by 4.8%, compared with May 2019. Home prices increased 0.7% in May 2020 compared with April of this year. Strong home purchase demand in the first quarter of … [More]
Phoenix Zoo Closes, Citing ‘Health and Safety of Our Community’ as Top Priority
Phoenix Zoo
The Phoenix Zoo has been closely monitoring the COVID-19 crisis in Arizona. Given the continued rapid increase in COVID-19 cases, and after much deliberation and careful consideration for the well-being of our staff, guests, animals and the community, we have made the difficult decision to close our doors once again to foot traffic effective immediately. While the safety … [More]
D-Backs Announce Season Opener and Schedule, No Tickets to be Sold
by Mike Hunter
Major League Baseball announced the 2020 60-game D-backs schedule which will consist of 10 games against the Colorado Rockies, Los Angeles Dodgers, San Diego Padres and San Francisco Giants plus Interleague matchups against all five AL West teams. The D-backs will face the Houston Astros (six games), Oakland Athletics (four), Texas Rangers (four), Seattle Mariners (three) and … [More]
Up to $10,000 Grants Available to Qualifying Small Businesses, Only Certain Cities Eligible
by Mike Hunter
The Maricopa County Board of Supervisors has created a new $23 million COVID-19 business relief program. Small businesses, home-based businesses, mobile businesses and non-profits are eligible for up to $10,000 grants to reimburse businesses for expenses and losses. Applications will be accepted from July 9 through July 31, 2020. "This grant program will truly make a … [More]
Paycheck Protection Program Loan Data Released, 4.9M Loans Made To Date
U.S. Small Business Administration
The U.S. Small Business Administration, in consultation with the Treasury Department, today announced it was releasing detailed loan-level data regarding the loans made under the Paycheck Protection Program (PPP). This disclosure covers each of the 4.9 million PPP loans that have been made. “The PPP is providing much-needed relief to millions of … [More]
1.4M Jobless Claims Last Week as States Ponder Reopening Measures
U.S. Department of Labor
In the week ending June 27, the advance figure for seasonally adjusted initial claims was 1,427,000, a decrease of 55,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 1,480,000 to 1,482,000. The 4-week moving average was 1,503,750, a decrease of 117,500 from the previous week's revised average. The previous week's average was … [More]
$9 Million Dedicated for Voter, Poll Worker Safety
State of Arizona Office of the Governor
Governor Doug Ducey in partnership with Secretary of State Katie Hobbs announced the investment of $9 million in CARES Act funding to support safe and secure voting in Arizona during the 2020 election season. The majority of funding will be distributed to county election officials to support their efforts including hiring temporary staff and increasing curbside voting … [More]
Employers Added 4.8 Million Jobs in June, Unemployment Rate at 11.1%
U.S. Department of Labor
Total nonfarm payroll employment rose by 4.8 million in June, and the unemployment rate declined to 11.1 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and efforts to contain it. In … [More]
EN NEGOCIOS: Cómo los DREAMers están transformando la economía en EEUU
por Edgar R. Olivo
El 18 de junio de 2020, la Corte Suprema de los Estados Unidos confirmó la decisión de extender el programa DACA en el que cientos de miles de soñadores o DREAMers en los Estados Unidos pueden vivir y trabajar sin temor a la deportación. Desde 2012, el programa de Consideración de Acción Diferida para los Llegados en la Infancia (DACA por sus siglas en inglés) ha protegido a … [More]
How the DACA Program Impacts the U.S. Economy
by Edgar R. Olivo
On June 18, 2020, the United States Supreme Court upheld a decision to extend the DACA program through which hundreds of thousands of Dreamers across the United States can live and work without the fear of deportation. Since 2012, the Deferred Action for Childhood Arrivals (DACA) program has shielded many young undocumented immigrants from deportation. The Department of … [More]
Trade and Job Opportunities Agreement among United States-Mexico-Canada Takes Effect
State of Arizona Office of the Governor
The United States-Mexico-Canada Agreement (USMCA) takes effect today. “Today, the USMCA goes into effect, taking Arizona’s trade relationships and job opportunities to the next level," stated Governor Doug Ducey about the agreement. "Our trade with Mexico and Canada already supports more than 228,000 Arizona jobs and $20 billion annually, and Arizona is poised to benefit … [More]
Substantial Contribution to Business Grant Program Provides for Additional Awards
BBB Serving the Pacific Southwest
Better Business Bureau Serving the Pacific Southwest (BBB) recently launched Main St. Matters, a grant program to provide emergency funds to businesses affected by the current crisis. In a matter of days, over 700 applications came pouring in from businesses in need of this support to relieve pandemic strains. This unprecedented demand for emergency small business relief … [More]
Shutdown of Gyms, Bars and Theaters, More Restrictions Ordered
Rick McCartney
As part of continued efforts to reverse the trend of COVID-19 spread in Arizona, Governor Doug Ducey today signed an Executive Order to prohibit large gatherings, cease the issuance of new special event licenses and pause the operations of bars, gyms, movie theaters, waterparks and tubing rentals. The pause of these business operations takes effect at 8:00 p.m. today, Monday, … [More]
New Phoenix Grant Helps Businesses with Commercial City Services Bills
City of Phoenix
Phoenix businesses struggling to stay current with city of Phoenix water and sewer bills can apply for financial assistance through the Phoenix Commercial City Services Bill Relief Grant. The city’s Water and Community and Economic Development departments are partnering on this new COVID-19 health emergency assistance program. “The city’s grant program has been delivering to … [More]
COVID-19 Staffing Resources for Businesses and their Workers
by Jenay Sellers
The COVID-19 pandemic has brought forth many challenges for nearly every type of business. Some are benefitting, experiencing surging demands for their products or services as a result of demand increasing for a particular industry while others have been left struggling to pick up the pieces, especially if they were deemed nonessential and forced to close their doors for an … [More]
Food and Retail Union Calls for Action as Arizona COVID-19 Deaths Increase for Frontline Workers
United Food and Commercial Workers International Union
The United Food and Commercial Workers International Union (UFCW), which represents 1.3 million workers – including more than 22,100 Arizona workers in grocery stores, meatpacking plants and other essential businesses across the state, called on Governor Doug Ducey for action to protect workers and consumers. UFCW announced that among its members, 238 frontline workers have … [More]
