Economy

Economy AP Photo/LM Otero
Economy 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.

Keya Vakil Keya Vakil January 14, 2022 9:43 am MST
Local AP Photo/Carolyn Kaster
Local 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.

Keya Vakil Keya Vakil January 13, 2022 3:31 pm MST
Economy AP Photo/Charlie Neibergall
Economy 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.

Keya Vakil Keya Vakil January 13, 2022 2:38 pm MST
Local AP Photo/Ross D. Franklin
Local 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.

Keya Vakil Keya Vakil January 13, 2022 2:18 pm MST
Housing photo of the outside of the front of Metrocenter mall with sign
Housing 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. 

Jessica Swarner Jessica Swarner January 5, 2022 10:09 am MST

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Coronavirus 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.

Genesis Sandoval Genesis Sandoval December 17, 2021 8:55 am MST
Economy Biden
Economy 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.

Genesis Sandoval Genesis Sandoval November 24, 2021 8:01 am MST