The 2020 presidential election could end up with the highest voter turnout seen in the U.S. in more than a century. As an American, it is not only your right to vote, it is an important civic duty. But, as an employer, are you required to give employees time off to vote? Currently, there are 30 states in the U.S. that require business owners to give workers either paid or … [More]
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Election Day Is Near: Are You Required to Give Employees Time Off to Vote? Likely!
by Joshua C. Black, Esq.
Cactus Bowl Has New Name, New Sponsor
Fiesta Bowl Organization
With college football Bowl Season coming soon, Guaranteed Rate has joined with the Fiesta Bowl Organization to become title sponsor of the newly-named Guaranteed Rate Bowl. Formerly known as the Cactus Bowl, this is the only postseason matchup between members of the Big Ten and Big 12 Conferences. Guaranteed Rate, one of the largest retail mortgage lenders in the United … [More]
U.S. Weekly Jobless Claims Fall Below 800K, Sign of Leveling Off
U.S. Department of Labor
In the week ending October 17, the advance figure for seasonally adjusted initial claims was 787,000, a decrease of 55,000 from the previous week's revised level. The previous week's level was revised down by 56,000 from 898,000 to 842,000. The 4-week moving average was 811,250, a decrease of 21,500 from the previous week's revised average. The previous week's average was … [More]
Recently-Opened and Coming-Soon Tenants at Block 23 and CityScape Phoenix
RED Development
RED Development continues to see strong demand from companies looking to expand business into Downtown Phoenix as the mixed-used developer announced today a number of recently-opened and coming-soon tenants at Block 23 and CityScape Phoenix, including a variety of new restaurant concepts from locally and nationally recognized restaurateurs and hospitality groups. On Nov. 13, … [More]
Venture Capital Firm Canal Partners adds New Partners, Expands Focus
Canal Partners
Canal Partners, a venture capital firm founded in 2008, has added two seasoned investors as partners, expanded its investment thesis to include high-growth, anything-as-a-service (XaaS) and subscription-based, recurring revenue companies to diversify its portfolio, and is actively seeking investments in Arizona and southern California. The two new partners, Chad … [More]
EN NEGOCIOS: ¿Necesita más clientes? Utilice estas 5 estrategias de ventas para atraer a más clientes durante COVID-19
por Edgar R. Olivo
Con las fiestas importantes a la vuelta de la esquina y una pandemia que está cambiando la forma en que los consumidores gastan, los propietarios de pequeñas empresas deben comenzar a pensar en actualizar sus estrategias de marketing para la temporada. Un informe reciente de Google proporcionó algunas ideas interesantes sobre los comportamientos de los consumidores que pueden … [More]
Need More Customers? Try These 5 Marketing Strategies to Attract More Business during COVID-19
by Edgar R. Olivo
With a few big holidays around the corner and a pandemic that is changing the way consumers spend, small business owners need to start thinking about updating their holiday marketing strategies. A recent report from Google provided some interesting insights on consumer behaviors that can serve as a helpful guide to understand how the market is evolving during COVID-19. Here are … [More]
City of Phoenix Seeks Input to Fight Climate Change
City of Phoenix
The city of Phoenix is seeking community and stakeholder input on its draft Climate Action Plan (CAP) framework. The proposed plan will address the challenges posed by climate change and help make Phoenix the most sustainable desert city on the planet. “The global challenge of climate change demands local action, and as a member of the C40 Cities Global Climate Leadership … [More]
Small Businesses Are Counting on Congress to Pass Critically Needed Relief
NFIB
The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, announced that it will consider a vote to advance the Continuing the Paycheck Protection Program Act, offered by U.S. Senators Marco Rubio and Susan Collins, an NFIB Key Vote for the 116th Congress in a letter sent to Members of the United States Senate. “Across … [More]
Update: U.S. Single-Family Rent Price Growth Moves toward Stabilization, Phoenix Tops List
CoreLogic
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across more than 20 metropolitan areas. Data collected for August 2020 shows a national rent increase of 2.1% year over year, down from a 2.9% year-over-year … [More]
Competition Is Most Fierce for Entry-Level Home Sales
Zillow
Only the weather is cooling down this fall, as the speed of home sales continues to accelerate, especially for shoppers seeking entry-level homes. New Zillow® research shows many homes sold just days after hitting the market in September, regardless of price, with the typical1 U.S. home going under contract in just over two weeks. This is one day quicker than August, about … [More]
U.S. Home Price Gains Continue through End of Third Quarter, Home Price Index Reports
Red Bell Real Estate, LLC
Home prices across the United States continued to climb in September, rising 7.8 percent in the twelve months since October 2019, according to Radian Home Price Index (HPI) data released by Red Bell Real Estate, LLC, a Radian Group Inc. company (NYSE: RDN). The Radian HPI is the most comprehensive and timely measure of U.S. housing market prices and conditions. Since the … [More]
$715,000 Allocated to Support Families, Communities in Need throughout Arizona
State of Arizona Office of the Governor
Governor Doug Ducey announced $715,000 from the AZ Coronavirus Relief Fund has been allocated to 19 organizations across the state that support individuals and families in need. The recipient organizations provide services including short-term housing, food and basic living assistance, employment support, education materials, health services and more. “Organizations across … [More]
Governor Paints Rosy Picture as Arizona Leads Nation in Homeownership Growth
State of Arizona Office of the Governor
Arizona is adding homeowners faster than any state in the nation, a sign of continued growing economic momentum in the state. The state’s quarter-over-quarter homeowner rate change increased by 7.7 percentage points in Q2 2020, according to data from the U.S. Census Bureau, the best in the nation. “The American dream of owning a home is alive and well in Arizona,” said … [More]
Greater Phoenix Economic Council Named Top Economic Development Organization in US
Greater Phoenix Economic Council
The Greater Phoenix Economic Council (GPEC) has been named the top economic development organization in the U.S. (population 500k+) by the International Economic Development Council (IEDC). This distinct recognition is tied to IEDC’s 2020 Excellence in Economic Development Awards and the announcement was made Thursday during IEDC’s Annual Conference. Awards are judged by a … [More]
U.S. Loan Serious Delinquencies Spiking Despite Strong Housing Demand
CoreLogic
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for July 2020. On a national level, 6.6% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This represents a 2.8-percentage point increase in the overall delinquency … [More]
Home Values Are Growing at a Pace Not Seen Since the Recovery from the Great Recession
Zillow
The housing market has seen record-breaking growth since June, further cementing its strength amid an uncertain economy, according to the latest Zillow® Real Estate Market Report1. The typical home value rose to $259,906 in September. That incredible growth includes: A month-over-month growth rate of 0.8%, the biggest jump since November 2005. Quarterly growth of … [More]
Record-Shattering Political Ad Spending in the 2020 Election Cycle
Advertising Analytics
Advertising Analytics is reporting unprecedented political ad spending this political cycle of 2019 – 2020, shattering all previous records. With spending currently at $7 billion and with several weeks still left to go until Election Day, this amount is well over the $6.7 billion projected by Advertising Analytics for the entire cycle. The $7 billion represents an 80% … [More]
