President Donald Trump on Wednesday backed off his tariffs on most nations for 90 days even as he further jacked up the tax rate on Chinese imports to 125%. Arizona's Morning News asked ABC News White House correspondent Karen Travers if the tariffs were all about...
Results
Trump Has Announced New Tariffs. This Economist Says It’s Bad News for Arizona
President Trump on Wednesday announced new tariffs, ranging from 10% to nearly 50% on goods coming into the U.S. Some global markets have already shown effects of the move; European and Asian stock markets opened lower today, as did those in this country. Jim Rounds,...
New Economic Analysis Warns of Significant Job Losses, Higher Health Care Costs if Federal Medicaid Cuts Move Forward
A new economic impact report released by the Arizona Chamber Foundation with analysis prepared by Rounds Consulting Group finds that proposed federal reductions to Medicaid funding could have devastating consequences for Arizona’s economy, healthcare system, and...
Economic Blackout: Will a 24-hour boycott make a difference?
Call for a 24-Hour National Economic Blackout A grassroots organization is encouraging U.S. residents not to spend any money Friday as an act of “economic resistance” to protest what the group’s founder sees as the malign influence of billionaires, big corporations,...
Phoenix-based electric vehicle maker Nikola files for bankruptcy protection
Phoenix-based electric automaker Nikola has filed bankruptcy and closing for good in Arizona so here's what the means for other Arizona EV companies. Troubled Phoenix-based electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after...
Economic Effects of New Tariffs and Policies
The recently imposed tariffs on China, as well as the ones on hold for Canada and Mexico, present a new set of economic effects that will directly impact Americans. Additionally, the new policies, such as those focused on immigration, will affect our economy. READ...
How SUSD Drives Economic Growth: Insights with Jim Rounds
In this episode of SUSD Spotlight, Jim Rounds, President of Rounds Consulting Group, dives into the SUSD Economic Impact Report Discover why investing in districts like SUSD delivers a remarkable return on investment, and hear Jim’s expert perspective on balancing...
Insights Into Recent Stock Market Drop
Wall Street took a beating Monday with numbers plunging hundreds of points. Nearly everything on Wall Street tumbled as fear about a slowing U.S. economy worsened, resulting in another sell-off for financial markets around the world. READ MORE
Arizona job growth faces risks amid market slowdown, economist says
Phoenix Business Journal- Arizona job growth faces risks amid market slowdown, economist says A local economist says the future is still bright for Phoenix and Arizona, which is not expected to be hit hard by a potential recession. If anything, the state will see a...
Jim Rounds Talks to AZ Morning News
KTAR - Arizona's Morning News February 12th, 2024 Valley Economist Jim Rounds joins the show to explain why Phoenix dropped out of a list of the top 10 best-performing cities. LISTEN NOW