Gov. Hobbs celebrates growing Arizona economy
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Gov. Hobbs celebrates growing Arizona economy

Arizona Gov. Katie Hobbs recognized reduced inflation rates and more than 80,000 jobs created in 2023. She says Arizona is fourth in the nation in job growth and says the state has become a great place for businesses and workers due to key investments.

UArizona, NAU work to boost semiconductor industry
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UArizona, NAU work to boost semiconductor industry

The University of Arizona and Northern Arizona University have formalized a new agreement to boost the state's semicondctor industry. The two universities, along with industry partners, will collaborate on research projects and academic partnerships related to semiconductor manufacturing. The agreement also encourages the two schools to share research space and equipment.

Inflation in U.S. expected to drop to lower level
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Inflation in U.S. expected to drop to lower level

Americans are feeling more optimistic about inflation in 2024. According to a Federal Reserve Bank of New York survey, consumers from 1,300 households surveyed say they expect prices to keep cooling, and the median expectation is that inflation will be up three percent a year from now, which, if it happens, will mark the lowest level in three years.

Despite opinions on US economy, holiday shopping continues
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Despite opinions on US economy, holiday shopping continues

More than 75% of Americans say the economy is in bad shape, but despite uncertainty over the economy, more Americans than expected hit the stores for the holiday weekend. FOX's Mills Hayes is at the Mall of America for a look at holiday shopping madness.

As the economy is on the upturn, who's feeling the impact?
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As the economy is on the upturn, who's feeling the impact?

It was another good day on Wall Street, but how is the economy for people who aren't invested in or focused on the stock market? There are some indicators that things are getting better in areas like rent, gas prices, and food prices, but is anyone feeling it yet? FOX 10's Linda Williams has more.

Grand Canyon to stay open if government shuts down
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Grand Canyon to stay open if government shuts down

Arizona Gov. Katie Hobbs says the state is prepared to keep the Grand Canyon open as a federal government shutdown looms. Funding from the Arizona Lottery would make it possible to keep the Grand Canyon open. Hobbs says keeping the Grand Canyon open will guarantee Arizonans working in the park, and the thousands who depend on the tourist activity it generates are not affected by political gridlock.

U.S. national debt hits record $33 trillion
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U.S. national debt hits record $33 trillion

The national debt – which measures what the U.S. owes its creditors — hit $33.04 trillion as of Monday afternoon, according to new data published by the Treasury Department. By comparison, just four decades ago, the national debt hovered around $907 billion.

Gov. Hobbs talks economy at computer chip plant
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Gov. Hobbs talks economy at computer chip plant

Governor Katie Hobbs spoke on the state's economy at a TSMC computer chip plant that is under construction. Hobbs announced stricter safety measures to keep workers safe and spoke on a workforce accelerator program through local colleges. Hobbs' visits came after TSMC announced the delay of the opening of their Phoenix facility until 2025 due to a lack of skilled workers.