Since the Great Recession, more consumers are signing up for longer car loans. Although the move can lower monthly payments, experts warn it could mean more debt because of interest paid over a longer period of time. The national average for a new car loan term was 66 months, with a monthly payment of $482 in 2014. Read more» 
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Phoenix leaders plan to help facilitate that growth and support business needs through the Phoenix Forward initiative, which launched last week. Read more»
Vinyl sales in the U.S. grew by an estimated 52 percent in 2014 to 9.2 million copies, according to a Nielsen Report. Arizona record-store owners said they’ve experienced the surge and some say Record Store Day has helped drive growth. Read more»
One of the owners of Tempe-based Four Peaks Brewery said they plan hire more people and expand their brand, which includes releasing more specialty beer. Randy Schultz and the other co-owners said they were thrilled when Gov. Doug Ducey signed the "Arizona Beer Bill." Read more»
The gap between rental cost and household income is increasing to unsustainable levels in most major metro areas, including in Phoenix and Tucson, according to a new report by the National Association of Realtors. Read more»
Arizona has among the most burdensome licensing requirements in the United States, according to a new report released by the Goldwater Institute. The result: Fewer low-income workers launch their own businesses here.
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The San Carlos Apache Tribe has been protesting at the Oak Flat campground for nearly two weeks in an attempt to protect land they deem sacred. Tribal leaders say they’re working with U.S. forest officials to continue their protest of Resolution Copper’s future mine in eastern Arizona. Read more»
Local breweries face a dilemma: They can produce more beer. But if they do, they would have to close their restaurants. One state lawmaker wants to change that. Read more» 1
