economic recovery

Economy

AP FACT CHECK: Biden’s shaky claims on jobs, gasoline

Boasting that government policies can make a difference in improving the economy, President Joe Biden went too far Thursday in taking credit for job growth since taking office. He also made a dubious suggestion that wrongdoing is behind higher gasoline prices — something that his administration will seek to fix. But analysts say there is

Business

Stocks skid as virus fears shake markets; Dow falls 2.1%

Resurgent pandemic worries knocked stocks lower from Wall Street to Tokyo on Monday, fueled by fears that a faster-spreading variant of the virus may upend the economy’s strong recovery. The S&P 500 fell 68.67, or 1.6%, to 4,258.49, after setting a record just a week earlier. In another sign of worry, the yield on the

State

Governor Ducey Invests In Tourism For Continued Economic Recovery

Governor Doug Ducey announced $101.1 million in federal American Rescue Plan funding to launch the Visit Arizona Initiative, a bold program designed to increase visitation and tourism spending in Arizona, bolster job creation and accelerate economic recovery. “Tourism is essential for Arizona’s booming economy and job growth,” said Governor Ducey. “When visitors from across the

State

5 Things To Know About Arizona’s Tax Plan

Not only is Arizona’s economy open — it’s booming. Unlike other states, we never did a lockdown. Arizona focused on personal responsibility and a balanced approach to the pandemic, which resulted in increased economic growth. Our population continues to grow, and the state is attracting employers of various industries. Personal income rose last year at

Business

Gains for some tech giants nudge S&P to another record high

Technology companies helped lift stocks higher on Wall Street, nudging the S&P 500 to its third straight all-time high, even as other parts of the market faltered. A burst of buying in the final 10 minutes of trading sent the benchmark index 0.2% higher. The S&P 500 had been down 0.3% earlier amid another bout

Opinion

Opinion: Tricky Recovery as Western Drought Looms Over Summer

After the long, dark night of the pandemic, many are predicting a rosy dawn followed by a bright summer day. The feeling is that we, the people, have borne the battle and can now celebrate the victory. But recoveries are tricky, and this recovery will be trickier than most because we are coming out of

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