Economy


AP Photo/LM Otero
Meat Companies Profits Surged by 300% As They Jacked up Prices on Americans

In December, President Biden ordered his administration to investigate the price increases and corporate consolidation in the meat industry.

AP Photo/Carolyn Kaster
Ducey Boasts About State Surplus, Doesn’t Mention That It’s Thanks to Biden Administration

Biden’s American Rescue Plan funneled more than $4 billion to Arizona’s state government, which now benefits from a massive budget surplus.

AP Photo/Charlie Neibergall
Phoenix Residents Got Hammered by Higher Prices While Companies Made Record Profits

A number of companies recorded enormous profits and enriched their shareholders and CEOs to the tune of tens of millions of dollars.

AP Photo/Ross D. Franklin
Ducey Brags About ‘Largest Tax Cut in Arizona History’—One That Pretty Much Only Helps The Top 1%

The tax cut will cost more than $1.5 billion in revenue for the state, but only save the average Arizonan less than $100 in annual taxes.

photo of the outside of the front of Metrocenter mall with sign
Metrocenter is Expected to Be Demolished. Here’s What’s Going in Its Place.

The Metrocenter redevelopment will include 2,600 apartment units as well as stores, restaurants, a park, an amphitheater, and more. 

Cute kids playing while parents relaxing sofa at home together
Expanded Child Tax Credit Benefited Almost 1.4 Million Arizona Children

Arizona families this week may have seen their last payment —for now—under the expanded child tax credit program.

Biden
Biden Releases 50 Million Barrels of Oil in Hopes of Easing Gas Prices

Biden said the oil release was one step his administration is taking to fight inflation, along with efforts to open supply chain bottlenecks.