Move into Big 12 will lower, not eliminate campus subsidies for Arizona, other Four Corners schools

Jon Wilner The penultimate year in the Pac-12 was not a profitable one for the Four Corners schools.Arizona, Arizona State, Colorado and Utah combined to book a $34.1 million operating shortfall in 2023, according to financial reports submitted to the NCAA earlier this year.In reality, the collective deficit was considerably higher.The NCAA allows schools to…

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Gavin Newsom’s unemployment failure

Experts say California must now raise its unemployment insurance tax from the current 1.2% on the first $7,000 of wages to more than 3.5%. Combining both state and federal unemployment levies, … Experts say California must now raise its unemployment insurance tax from the current 1.2% on the first $7,000 of wages to more than…

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Inflation’s Last Mile Will Test the Fed

By The Federal Reserve’s difficult task suddenly looks even harder. The central bank’s goal has been to restrain demand enough to push inflation gently back to its 2% target without tipping the economy into a recession. Up to now, its strategy has worked well: Inflation has fallen sharply from its post-Covid peak and the economy…

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US unemployment would be higher if illegal immigration were counted correctly: Goldman Sachs

The Labor Department is understating the impact of illegal immigration on the U.S. job market, according to an analyst note from Goldman Sachs strategists. The Labor Department is understating the impact of illegal immigration on the U.S. job market, according to an analyst note from Goldman Sachs strategists. See the entire article on Arizona’s unemployment,…

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