KB Home and the Well Living Lab, founded as a collaboration between Delos® and Mayo Clinic, today announced the unveiling of a concept home designed to educate customers on the potential health benefits of a new KB home with health-related products and technologies. The home is located at the builder’s new Santolina at South Mountain community in Phoenix, which was chosen … [More]
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EN NEGOCIOS: ¿Trabaja por cuenta propia? Las nuevas actualizaciones de PPP ayudarán a más contratistas independientes con préstamos condonables
por Edgar R. Olivo
La administración Biden-Harris anunció esta semana que el Programa de Protección de Pago (PPP por sus siglas en inglés) ahora se dirigirá a empresas con menos de 20 empleados. La ventana de solicitud de 14 días está programada para comenzar el miércoles 24 de febrero de 2021 con las políticas revisadas del programa que harán que el acceso a los fondos de ayuda sea más … [More]
Self-Employed? New PPP Updates Will Help More Independent Contractors with Forgivable Loans
by Edgar R. Olivo
The Biden-Harris administration announced this week that the Paycheck Protection Program will now target businesses with fewer than 20 employees. The 14-day application window is set to begin on Wednesday, February 24, 2021, with revised policies to the program that will make access to relief funds more equitable to entrepreneurial communities of color. This was the largest … [More]
Governor Ducey Joins President in Ordering Flags at Half-Staff to Honor Lives Lost to Covid-19
State of Arizona Office of the Governor
In coordination with President Biden’s proclamation, Governor Doug Ducey today ordered flags at all state buildings be lowered to half-staff for five days starting tomorrow, February 23, 2021, to honor the thousands of lives lost across Arizona and the nation due to COVID-19. “As we pull together and continue to work to save lives and fight COVID-19, we also grieve and pray … [More]
SBA Prioritizes Smallest of Small Businesses in the Paycheck Protection Program
U.S. Small Business Administration
Building on a month of strong results, the Biden-Harris Administration and the U.S. Small Business Administration are taking steps with the Paycheck Protection Program to further promote equitable relief for America’s mom-and-pop businesses. The latest round of Paycheck Protection Program funding opened one month ago and already the Biden Administration has succeeded in … [More]
Arizona Launches Initiative Easing Access to Covid-19 Vaccine Sites for Vulnerable Individuals
AHCCCS
Governor Doug Ducey and AHCCCS, Arizona’s state Medicaid agency, today announced a first-in-the-nation initiative that will make it easier for Medicaid members to get transportation to drive-through COVID-19 vaccination appointments. Beginning today, AHCCCS will reimburse non-emergency medical transportation (NEMT) providers for driving eligible Medicaid members to and from … [More]
Arizona Announces State-Run Vaccine Site in Metro Phoenix’s East Valley
State of Arizona Office of the Governor
Governor Doug Ducey and the Arizona Department of Health Services (ADHS) today announced a state-operated COVID-19 vaccination site in the Phoenix metropolitan area’s East Valley, avoiding the closure of a successful mass vaccination site and further expanding the state’s nationally recognized model for speeding up vaccine administration. The vaccination site at … [More]
Biden to Increase Lending to Small Business in Need, Announces Changes to PPP
inbusinessPHX.com
Small businesses account for 44 percent of U.S. GDP, create two-thirds of net new jobs, and employ nearly half of America’s workers. Now, millions of main street small businesses – especially Black- and Brown-owned small businesses – are struggling to make ends meet in the wake of the COVID-19 pandemic and resulting economic crisis. The Biden-Harris administration has made … [More]
Phoenix Hosts New to Airbnb Since the Pandemic Have Earned $1.5 Million
Airbnb
The COVID-19 pandemic has sent travelers looking for safe, comfortable settings in which to connect with family and friends, creating economic opportunity for others to earn needed extra income by listing their homes on Airbnb. A new report from Airbnb reveals that new hosts with only one listing who have welcomed their first guests since the start of the pandemic have … [More]
Intense Demand and Low Mortgage Rates Drive Home Values to Record Highs
Zillow
Extreme demand driven by exceptionally low mortgage rates, demographic pressures and pandemic trends kept the housing market boiling as we moved into 2021, according to Zillow's® latest market report. Monthly appreciation of home values in January matched recent record highs, while annual growth is higher than any time since 2006. Home sales are moving briskly, with … [More]
Arizona to Add 325,000+ Jobs by Spring 2022
State of Arizona Office of the Governor
A new report released by the Arizona Office of Economic Opportunity is projecting strong job growth in the state over the next two years, with the largest gains happening in sectors hit hardest by the pandemic. “Arizona is a place where opportunities are plentiful and jobs are growing,” said Governor Doug Ducey. “Families and businesses from across the nation continue to … [More]
ADOT Advances $230 Million in New Transportation Investments Statewide
State of Arizona Office of the Governor
Governor Doug Ducey announced $230 million in new transportation infrastructure investments that will enhance highway safety and meet the demand of new residents moving to Arizona. “Despite the pandemic, Arizona’s economy is strong and families and businesses continue to relocate here in record numbers,” said Governor Ducey. “Now is the right time to use our state and … [More]
SBA Reaches $200 Billion Milestone in EIDL Program to Small Businesses and Nonprofits
U.S. Small Business Administration
The U.S. Small Business Administration reached a milestone in the success of the COVID-19 Economic Injury Disaster Loan (EIDL) program, which has provided U.S. small businesses, non-profits, and agricultural businesses a total of $200 billion in emergency funding. “Following the enactment of COVID-19 emergency legislation, the SBA has now provided more than 3.7 million small … [More]
U.S. Weekly Jobless Claims Still More Than 800K; Last Week Revised Up Sharply
U.S. Department of Labor
In the week ending February 13, the advance figure for seasonally adjusted initial claims was 861,000, an increase of 13,000 from the previousweek's revised level. The previous week's level was revised up by 55,000 from 793,000 to 848,000. The 4-week moving average was 833,250, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised … [More]
EN NEGOCIOS: Optimismo vs realidad: ¿Están las pequeñas empresas preparadas para un regreso económico?
por Edgar R. Olivo
El optimismo se define como la esperanza y la confianza sobre el futuro o el resultado exitoso de algo; un sentimiento que muchos propietarios de pequeñas empresas podrían estar de acuerdo en sentir cuando comienzan su negocio. Pero, como todos experimentamos en la primavera de 2020, cuando la pandemia sacudió el suelo, el optimismo ahora nos sirve para despertarnos todos los … [More]
Optimism vs Reality: Are Small Businesses Ready for an Economic Comeback?
by Edgar R. Olivo
Optimism is defined as hopefulness and confidence about the future or the successful outcome of something — a sentiment many small business owners could agree to feeling when they first start their business. But, as we all experienced in the spring of 2020 when the pandemic shook the ground, optimism now serves us to wake up every day and overcome the new challenges we now face … [More]
ACA Celebrates 10 Years of Success with More Manufacturing Jobs and Startups Attracting Global Attention
Arizona Commerce Authority
Ten years ago, Arizona struggled under devastating job and revenue losses as one of the hardest-hit states by the Great Recession. Today, Arizona’s economy is diversified, with more jobs in manufacturing than construction, our startup ecosystem is attracting global attention, and our state is competing at the highest level for new jobs and expansions. This transformation did … [More]
Ducey Signs Order to Cut the ‘Red Tape’
State of Arizona Office of the Governor
Governor Doug Ducey today signed an Executive Order renewing a moratorium on all new regulatory rulemaking by state agencies, limiting government regulations that inhibit job growth. “Arizona is a pro-business state — and we continue to welcome more job opportunities and new businesses,” said Governor Ducey. “Government should not be getting in the way of opportunities, jobs … [More]
