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Arizona remains the fourth fastest growing state in population growth and is among the top three destinations for domestic movers.

Arizona will have added more than 100,000 jobs by the end of the year - with 86,000 of them in metro Phoenix - but housing affordability has declined because of rising home prices. Read more»

Rising prices for gas and other fuels played a large part in surging U.S. inflation, which rose at a 40-year high of 8.5% over the past 12 months. The rate is even higher in the Phoenix area, which faces some of the highest gas prices in the nation and rising housing rates as demand for housing outstrips supply.

The U.S. cost of living surged 8.5% over the past 12 months, the fastest one-year increase in more than 40 years, driven by skyrocketing gas, food and housing prices - and consumers in the Phoenix area have been seeing even sharper increases. Read more»

The Fed’s policies have helped generate jobs and reduce unemployment, which was their goal. In the process, however, the Fed has accelerated the decades-long increase in economic inequality by helping increase the wealth of people at the top far more than it has increased the wealth of working-class Americans.

The Fed’s low-interest-rate policies have stabilized the economy and turbocharged the stock market but those policies have accelerated the decades-long increase in economic inequality by helping increase the wealth of people at the top far more than it has increased the wealth of working-class Americans. Read more»

Student loan debt over the recent decades.

Time has run out for Congress to stop interest rates on federally subsidized student loans from doubling. Rates are expected to shoot up from 3.4 percent to 6.8 percent now that Congress has failed to act. Read more»

Sheila Shelton, who attends Phoenix College, said she won’t let an interest rate increase on subsidized student loans postpone her dream of becoming a special education teacher.

Unless Congress acts before July 1, interest rates on subsidized student loans, for which students must demonstrate financial need, will rise from 3.4 percent to 6.8 percent. Students don’t have to pay interest on subsidized loans while in school. Unsubsidized loans, which currently have a 6.8 percent interest rate, require students to pay interest on loans from the start. Read more»

House Democratic leader Nancy Pelosi explained opposition to the bill by saying, 'What we're saying here today is stop your assault on women.' The measure would take funding from the Prevention and Public Health Fund, which provides screenings for breast and cervical cancer.

The House of Representatives voted on Friday for a Republican-backed plan to extend low student loan rates. Read more» 1

President Barack Obama talks with Jimmy Fallon on Tuesday during a taping of 'Late Night With Jimmy Fallon' at Memorial Hall on the University of North Carolina Chapel Hill campus in Chapel Hill, N.C..

Interest rates on student loans are set to double in July if Congress fails to act. At a time when tuition is rising at 8.3 percent a year and median wages for young people are falling, young Americans and their families can ill afford more Washington inaction. Read more»

U.S. stock markets reacted wildly Tuesday to the U.S. Federal Reserve's statement that it will keep short-term interest rates low through 2013. Read more»