Pension reform put to a vote in Phoenix

No matter where you are in Phoenix, chances are you aren’t far from a sign urging you to vote yes on Proposition 201. And it’s almost as certain you won’t find even a bumper sticker telling you otherwise. That’s because there is no official opposition to the proposal, which cuts costs for the city’s pension system. That does not mean, however, it’s free from controversy.

Phoenix police buy new TASERs, will pay over five years

Buy it now, spread out your payments over a few years -- that sounds like an offer that comes along with a mattress or a car. But what about a weapon that’ll zap you full of electricity? KJZZ’s Nick Blumberg reports on a plan to help law enforcement replace old equipment. 

Economists see job, population growth for Arizona in 2013

Arizona economists say a number of factors point to the state recovering fully from the recession in as little as three years.

New report says housing prices, supply on the rise in Phoenix area

A new report from ASU’s W.P. Carey School of Business finds that home prices in the Phoenix metro area are climbing. The median price of a single-family home in October was about $7,000 higher than the previous four months, and 34 percent higher than the same month last year. 

Consumer spending up among AZ Hispanic population

A new report shows that Arizona’s Hispanic population will account for $40 billion in consumer spending this year, and this number is expected to rise.

Snowflake paper mill closure will cost hundreds of jobs

The largest private employer in the Northern Arizona town of Snowflake is closing. The town’s paper mill has been in operation for more than 50 years.

Arizona median household income drops 3 percent between 2010-11

The U.S. Census Bureau says the median household income nationwide dropped 1.3 percent between 2010 and 2011. In Arizona, the decline was 2.9 percent.

Valley's homebuilding industry showing signs of life

Low interest rates and a shrinking supply of foreclosed homes are driving buyers back into the new home market. 

The effects of pay-to-play on high school sports

Experts take a look at the effects on families and students when high schools charge them to play sports.

Scorching summers and the Valley’s economy

Two experts weigh in on whether or not scorching summers affect the valley’s economy, and what can be done to attract more tourism.

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