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Arizona budget passed last night avoids K-12 cuts, sets stage for potential lawsuit

Lawmakers avoided K-12 cuts while ensuring state agencies the expansion of a community college scholarship. Here’s a breakdown of the Arizona budget. Lawmakers avoided K-12 cuts while ensuring state agencies the expansion of a community college scholarship. Here’s a breakdown of the Arizona budget. PHOENIX — Arizona, we have a budget.  The Arizona State House…

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Freddie Mac proposes product to help homeowners tap home equity without losing record low mortgage rates

By: Freddie Mac’s cash-out refinance proposal is more borrower-friendly than existing products. (iStock) Freddie Mac wants to offer second-lien mortgages to help homeowners locked into lower-interest-rate mortgages access their home equity. Freddie Mac’s proposal would allow homeowners to access their home equity while keeping their low interest rate on their current loan. It could potentially…

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The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says

Large bankruptcies are on track to surpass their peak during the pandemic, according to Danielle DiMartino Booth. A wave of large bankruptcies is about to hit the US economy — and that could spark job losses for a growing number of Americans, according to Wall Street forecaster Danielle DiMartino Booth.The QI Research CEO pointed to…

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Organized retail theft pushes stores to change how we shop

Organized retail theft paired with inflation has pushed some major retailers to make drastic security changes in an effort to keep them from the brink of closure.Some stores have locked up some inventory, creating an inconvenience for customers, while some loss prevention associates have been equipped with body cameras.Arizona Retail Association says organized retail theft…

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