Finance & Economy
Markets, banking, and the economic pulse of Arizona.
TSMC Commits Another $100 Billion to Arizona, Lifting Total Investment to $265 Billion
The chipmaker's latest commitment adds four advanced fabs in Phoenix and pushes its total Arizona investment to $265 billion, cementing the state as the nation's advanced-semiconductor hub.
Desert Ridge Bank Reports Record Small-Business Lending in Q2
A Phoenix-based bank says small-business loan volume hit an all-time high last quarter.
Old Pueblo Credit Union Surpasses $2 Billion in Assets
A Tucson credit union reached a new milestone in total assets this quarter.
Camelback Capital Partners Closes $50M Growth Fund
A Scottsdale investment firm closed a new fund aimed at Southwest expansion-stage companies.
Mesa Manufacturing Corridor Adds 400 Jobs in Six Months
New job figures show Mesa's manufacturing corridor growing faster than the statewide average.
Tempe Town Lake District Office Vacancy Hits Five-Year Low
Office space near Tempe Town Lake is filling up at the fastest pace in five years.
Chandler's Tech Manufacturing Base Drives Record Tax Revenue
Chandler's expanding tech manufacturing sector pushed city tax revenue to a new high.
Gilbert Nail Lounge: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS
When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.