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☆ Local Arizona leaders concerned about immigration ahead of the election
▼ + stars: | 2024-11-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLocal Arizona leaders concerned about immigration ahead of the electionCNBC's Emily Wilkins joins 'Squawk on the Street' to discuss immigrations issues at stake in the upcoming election.

Persons: Emily Wilkins Organizations: Local Locations: Local Arizona

PHOENIX — Billionaire entrepreneur Mark Cuban said Saturday while campaigning for Vice President Kamala Harris that he would campaign against her if he thought she would tax wealthy people’s “unrealized gains,” which is part of the tax plan she has endorsed. The comments came at a town hall event attended by local Arizona entrepreneurs, which Cuban headlined as a surrogate for the Harris-Walz campaign. Toward the end of the event, a man asked Cuban, “Quick question: What about unrealized gains?”Cuban assured the audience that Harris wouldn’t tax unrealized gains. That is true: While Harris’ campaign issued a blanket endorsement of Biden’s 2025 budget proposal, it hasn’t actually spoken specifically about taxing unrealized gains. On Oct. 12, the Harris-Walz campaign deployed famous actor Bryan Cranston to stump in Arizona.

Persons: Mark Cuban, Kamala Harris, Harris, Walz, “, “ I’m, ”, Joe Biden, haven’t, Kamala, Donald Trump, Trump, we’re, ” Trump, Cuban, “ You’re, doesn’t, Harris ’, Biden, Mike Pence, ” Harris, It’s, I’ve, it’s, Bryan Cranston, Cranston Organizations: PHOENIX —, NBC News, NBC, CNBC, Cuban, Democratic, Biden Locations: Arizona, Cuban, Latrobe , Pennsylvania, Pennsylvania

☆ Apple's Made-in-the-USA chips signal a turnaround for the US' big semiconductor bet
▼ + stars: | 2024-10-16 | by ( Jacob Zinkula | Alistair Barr | ) www.businessinsider.com time to read: +7 min

AdvertisementThe US's efforts to produce more semiconductor chips have encountered some challenges over the past few years, but the tide may be turning. In 2022, President Joe Biden signed the CHIPS Act into law, which included $39 billion in manufacturing incentives for chip production in the US. Last year, TSMC announced that the official opening of its first Arizona fab would be pushed back from 2024 to 2025. TSMC's production of Apple chips is good news for Americans hoping to land jobs in the industry, Patel said. He said he thinks TSMC's production of Apple chips would bode well for the future.

Persons: TSMC, Biden, It's, —, Tim Culpan, Culpan, Tim Cook, Dylan Patel, SemiAnalysis, Mark Muro, Apple, Harris, Joe Biden, Arizona hasn't, it's, Morris Chang, Patel, Muro, bode Organizations: Apple, Service, Brookings Institution, Biden, Management, Workers, Brookings Institute, Semiconductor Industry Association Locations: Arizona, Taiwan, Phoenix

☆ How a teacher and a salesman in Arizona paid off $52,000 in debt in 18 months
▼ + stars: | 2021-12-23 | by ( Gili Malinsky | ) www.cnbc.com time to read: +5 min

In 2008, Deacon Hayes and his wife, Kim, "were newly married" and "living paycheck to paycheck" in Phoenix, Arizona, he says. She was a teacher and he was selling wood floors, and, "between credit card debt, student loans, and car loans, we had about $52,000 in consumer debt," he says. But by tackling each debt a little differently and paying off between $500 and $6,800 per month, the couple achieved their goal. Here's how Deacon and Kim Hayes, now 38 and 40, respectively, and living in Scottsdale, Arizona, paid off their debt. Deacon ended up getting a job at Long Wong's, a local Arizona eatery, and working there for six months.

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