tate and local governments lost at least $117 billion of expected revenue early in the pandemic, according to an Associated Press analysis, but many are now awash in record amounts of money, boosted partly by federal aid. In response to the dramatic turnaround, governors, lawmakers and local officials have proposed a surge in spending as
In the second holiday season of the pandemic era, goods may cost more, but Americans have more money to spend – and they appear to be eager to spend it. That’s true in Arizona, where retailers say the holiday shopping season is already in full swing and residents are expected to spend anywhere from $590
Attorney General Mark Brnovich is warning consumers about a reported increase in the amount of stimulus check email and text scams. With the third round of economic stimulus checks on the way to many Arizonans, the Attorney General’s Office (AGO) has seen an uptick in consumer complaints involving unsolicited text messages from scammers pretending to be from
President-elect Joe Biden unveiled a $1.9 trillion coronavirus plan Thursday to end “a crisis of deep human suffering” by speeding up vaccines and pumping out financial help to those struggling with the pandemic’s prolonged economic fallout. Called the “American Rescue Plan,” the legislative proposal would meet Biden’s goal of administering 100 million vaccines by the
Major U.S. stock indexes surged to all-time highs Thursday as Wall Street bet that the Democratic sweep of Washington means more stimulus is on the way for the economy. The S&P 500 rose 1.5% to a record 3,803. Investors were buoyed by Congress’ confirmation of Joe Biden’s presidential election win and a shift in control
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