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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

☆ Arizona is a top presidential battleground. But the Senate and House races there are taking place in their own universe.
▼ + stars: | 2024-10-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil_Hs.Jpg | Sahil Kapur | ) www.nbcnews.com time to read: +6 min

In the House, two Republican congressmen are aiming to fend off a pair of Democratic former state legislators. Seven-term GOP Rep. David Schweikert is seeking to hang on against Amish Shah, a doctor, in the blue-trending Phoenix suburbs after winning by less than 1 point in 2022. And in the Tucson area, freshman Republican Rep. Juan Ciscomani is facing a rematch against Kirsten Engel after previously winning by under 2 points. Arizona’s two highly competitive House racesBoth of these House races are rated as “toss-ups” by the nonpartisan Cook Political Report With Amy Walter. “All four have distinct personalities,” said a Democratic operative working on House races, who spoke candidly on the condition of anonymity.

Persons: Mesa Mayor John Giles, Kamala Harris, Kari Lake, Donald Trump acolyte, Ruben Gallego, “, Donald Trump, ” Giles, hasn’t, David Schweikert, Shah, Juan Ciscomani, Kirsten Engel, Amy Walter, ”, Lake, “ Arizonans, Ciscomani, Blake Masters, Gallego, ” “, Trump, Lake’s, Don, Bacon, Dan Conston, Harris, Sen, John McCain, “ I’ve, I’m, ” Roberta Voss, Eli Crane, Crane, Jonathan Nez, Kevin McCarthy midsession, McCarthy, Marson Organizations: Mesa Mayor, Republican, Democratic, Senate, GOP, Trump, Nebraska Rep, Congressional, Fund, NBC News, Social Security, Navajo Nation, ” Arizona Republican, American Locations: Arizona, Phoenix, Tucson, Omaha, Navajo, ” Arizona

She frequently advertises Republicans for Harris, a group that includes the late senator’s son Jim McCain, former Sen. Jeff Flake and Mesa Mayor John Giles. Maricopa County, home of Phoenix, accounts for about two-thirds of Arizona voters, including many of those disaffected Republicans who are well-educated center-right voters. Harris praises McCain in Arizona campaign stopsIn a campaign swing through Arizona last week, Harris fondly — and repeatedly — spoke of McCain and lavished praise on his ACA vote. “It required one more vote to keep it intact, and that vote was the late, great John McCain,” Harris said in Chandler, just outside Phoenix. The Trump campaign dismissed Harris’ GOP outreach as a mirage.

Persons: PHOENIX, Kamala Harris, vanquishing Donald Trump, Sen, John McCain, Joe Biden, Harris, “, Barrett Marson, ” Marson, Donald Trump, ” Harris, Trump, Jim McCain, Jeff Flake, Mesa Mayor John Giles, ” Jen Cox, we’ve, Arizonans, McCain, ” Giles, Giles, Kyrsten, Mark Kelly’s, Kelly’s, Sinema, —, I’ll, Kelly, ”, Rachel Reisner, Cox, Nikki Haley, Marson, Trump’s, ” Cox, ” “ Arizonans, Ruben Gallego, Gallego, Kari Lake, ” Gallego, I’m Organizations: GOP, McCain, Department, Republicans, McCain Republicans, Mesa Mayor, NBC News, Republican, Trump, Democrats, Democrat, Democratic, Green Party, Democratic Party, New York Times, Siena College, Biden, Arizona, Department of Education, Senate Locations: Arizona, Phoenix, Maricopa County, playbook Arizona, Pennsylvania, Michigan, Wisconsin, Mesa, Trump, Chandler, Pima County, Tucson

PHOENIX — Republican Kari Lake and Democratic Rep. Ruben Gallego faced off in Arizona’s feisty first and only Senate debate Wednesday evening, trading shots over the border, abortion, tax policy and more. Lake has long made the border a cornerstone of her campaign, chastising Gallego for supporting the Biden-Harris administration’s immigration policies. Gallego, in turn, has made the bipartisan border bill that Trump and Lake opposed a big part of his campaign. “He acts like he cares about us,” Lake said of Gallego, “speaking directly to the women” watching the debate. Talking to the media immediately after the debate, Gallego said: “She needs to be loud, she needs to lie because she’s weak.

Persons: Kari Lake, Ruben Gallego, ” Gallego, Lake’s, “ We’re, Gallego, Lake, Donald Trump, Donald Trump doesn’t, Trump, “, “ Trump, Kamala Harris, Harris, hasn’t, ”, Laken Riley, —, ” “, Sen, Kyrsten Sinema, Democratic Sen, Chris Murphy, GOP Sen, James Lankford, chastising Gallego, Arizonans, ” Lake, it’s, Katie Hobbs Organizations: PHOENIX, Democratic Rep, Progressive Caucus, ”, Lake, Arizona Republicans, Trump, Senate, “, Washington , D.C, NBC, Democratic, GOP, Biden, Border Patrol, UVF Locations: Arizona, Washington ,, Mexico, Georgia, Connecticut, James Lankford of Oklahoma

Like the presidential contest, the Senate race offers deep contrasts in a state that’s been divided neatly in half for years. We want to have a lawfully run election,” Lake said. In 2022, Lake challenged her loss to Hobbs, taking it all the way through the Arizona legal system. “It’s going to be a tight race,” Lake acknowledged. In 2018, Gallego rallied alongside Sen. Bernie Sanders, I-Vt., in Phoenix, saying facetiously: “President Trump is going to build a wall.

Persons: Kari Lake, Ruben Gallego, Sen, Kyrsten, Gallego, Katie Hobbs, Kamala Harris, Joe Biden, ” Gallego, Harris, Biden, “, haven’t, Lake’s —, Donald Trump’s —, John McCain, McCain, ”, Ruben ”, Paul Hickman, —, he’s, Kate Gallego, Trump, Lake, Hobbs, ” Lake, “ It’s, I’ve, Bernie Sanders, It’s, Donald Trump, they’re “ Organizations: PHOENIX, White, Trump, NBC News, Democratic, Arizona Republican, Republicans, Independents, McCain, Phoenix, Congress, Lake, Senate, Republican, Phoenix Fox, AARP, Harris ’, Democrat Party, Congressional Progressive Caucus, “, Phoenix Police Association, Justice Department, Phoenix Police Department, Phoenix police, NBC, Arizona Police Association Locations: PHOENIX — Arizona, Scottsdale, “, Arizona, Congress, Vietnam, American, Colombian, Ukraine, ”, Israel, Taiwan, Maricopa County, Iowa, Gallego, Phoenix

PHOENIX — Members of an Arizona tribe are trying to persuade a federal judge to extend a temporary ban on exploratory drilling for a lithium project near lands they have used for religious and cultural ceremonies for centuries. The case is among the latest legal fights pitting Native American tribes and environmentalists against President Joe Biden’s administration as green energy projects encroach on lands that are culturally significant. The springs have served as a place of healing and prayer for generations, the tribe has said in court filings. Federal land managers also are expected to issue a draft environmental review of a lithium mine planned by Australian company Ioneer Ltd. between Reno and Las Vegas. Backers of Arizona Lithium’s project include the Navajo Transitional Energy Company, which announced its plans in 2022 to join with the Australian company and work as a contractor on the project.

Persons: Joe Biden’s, Thacker, Ha’Kamwe ’, ’, NTEC, Hualapai Organizations: PHOENIX, of Land Management, Arizona Lithium Ltd, Ioneer, Center for Biological Diversity, Mining, Historic Preservation, Environmental, Government, Navajo Transitional Energy Company Locations: Arizona, U.S, Phoenix, Las Vegas, Nevada, Oregon, Reno, Sandy, Colorado

☆ The pros and cons of a condensed campaign for Harris: From the Politics Desk
▼ + stars: | 2024-08-23 | by ( The Politics Desk | ) www.nbcnews.com time to read: +7 min

In today’s edition, "Meet the Press" moderator Kristen Welker examines whether a shortened campaign calendar will help or hurt Vice President Kamala Harris. Plus, we dive into Robert F. Kennedy's decision to suspend his third-party bid and back former President Donald Trump. I’m speaking, of course, of Donald Trump,” Kennedy added. Still, the initial conservations started earlier, about a week before the Republican convention, with right-wing commentator Tucker Carlson connecting Trump Jr. with Kennedy. From there, Trump Jr. and donor Omeed Malik served as go-betweens to help close the deal.

Persons: Kristen Welker, Kamala Harris, Robert F, Donald Trump, — Harris, Joe Biden’s, Kennedy Jr, Harris, Tim Walz, Vance, Harris ’, Biden, —, Chuck Todd, Hillary Clinton, ” Harris, Alex Seitz, Wald, Read, Matt Dixon, Henry J, Gomez, →, Trump, Katherine Koretski, Ben Kamisar, Garrett Haake, Dasha Burns PHOENIX — Robert F, “, Kennedy, ”, ” Kennedy, Mary Beth Cahill, “ Donald Trump isn’t, he’s, Donald Trump Jr, Tony Fabrizio, Tucker Carlson, Omeed Malik Organizations: NBC, White House, Capitol, Democratic, Trump, → RFK, Democrats, Democratic Party, Democratic National Committee, RFK Jr, GOP, Trump ”, Republican, Trump Jr Locations: Oakland, Iowa, Pennsylvania, Arizona, Ukraine

PHOENIX — Robert F. Kennedy Jr.'s campaign told a Pennsylvania court that he will be endorsing former President Donald Trump, ahead of his own Friday afternoon announcement putting to rest a tumultuous independent presidential campaign. The filing came shortly before Kennedy took the stage at an Arizona press conference where he announced the end his presidential campaign. The Kennedy campaign spent more than $8 million on campaign consulting from Accelevate 2020 LLC, a group that also does ballot-access work. Overall, the campaign effectively raised what it spent — it amassed $57.6 million and spent almost $54 million through July. Federal campaign finance records show Kennedy’s campaign spent more than $3 million on security services provided by Gavin de Becker, a prominent security consultant protecting celebrities who is also a Kennedy supporter and friend.

Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, Trump, Kamala Harris, Biden's, Harris, Vladimir Putin, —, they’d, “, ”, Nicole Shanahan, Walz, ” Shanahan, Shanahan, I’m, Gavin de Becker, Katherine Koretski, Ben Kamisar Organizations: PHOENIX, Democratic Party, Trump, Democratic, Democrat, NBC News, Accelevate, Trump Republican Locations: Pennsylvania, United States, Arizona, Glendale, Trump, New, New York, Kamala, Phoenix, Washington ,

☆ RFK Jr. says in court filing that he's endorsing Trump, ending his presidential hopes
▼ + stars: | 2024-08-23 | by ( Katherine Koretski | Ben Kamisar | ) www.cnbc.com time to read: +7 min

PHOENIX — Robert F. Kennedy Jr.'s campaign told a Pennsylvania court that he will be endorsing former President Donald Trump, ahead of his own Friday afternoon announcement putting to rest a tumultuous independent presidential campaign. The filing came shortly before Kennedy was set to take the stage at an Arizona press conference where he's expected to formally end his presidential campaign. Initially, Kennedy sought the Democratic presidential nomination, but he decided in October 2023 to run as an independent bid instead. The Kennedy campaign spent more than $8 million on campaign consulting from Accelevate 2020 LLC, a group that also does ballot-access work. Overall, the campaign effectively raised what it spent — it amassed $57.6 million and spent almost $54 million through July.

Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, Trump, they'd, Nicole Shanahan, Kamala Harris, Walz, Shanahan, I'm, Gavin de Becker, Katherine Koretski, Ben Kamisar Organizations: PHOENIX, Democratic, Trump, Democrat, NBC News, Accelevate, Trump Republican Locations: Pennsylvania, United States, Arizona, New, New York, Kamala, Phoenix , Arizona, Washington ,

☆ After Democrats' long-held edge, Team Trump starts to close the battleground ad spending gap: From the Politics Desk
▼ + stars: | 2024-08-13 | by ( The Politics Desk | ) www.nbcnews.com time to read: +9 min

After Democrats’ long-held edge, Team Trump starts to close the battleground ad spending gapBy Ben KamisarIf you live in a swing state and are already sick of seeing presidential campaign ads, buckle up. Over that same period of time, the Trump campaign spent less than $230,000. But over the last two weeks, a dramatic shift from the Trump campaign has helped close the gap. It has spent a total of $13 million in those key states, compared to $16.5 million from the Harris campaign. But we’ve written before about how Republicans have cut into the Democrats’ fundraising edge, and these ad spending numbers show the fruits of that effort.

Persons: Ben Kamisar, Alex Tabet, ’, Team Trump, Donald Trump’s, Joe Biden, Kamala Harris, Trump, Harris, Biden, they’ll, it’s, Ruben Gallego, “ Ruben Gallego, David Hathaway, Kari Lake, Gallego, —, ” Gallego, Nasr, ted Auto W, ged Organizations: NBC, White House, Capitol, Phoenix, Democratic, Team, Republican, Republican National Convention, Trump, Biden, Democrats, Democratic Rep, Arizona Senate, GOP, NBC News, rac Locations: Arizona, Georgia, Michigan, Nevada , Pennsylvania, Wisconsin, Mexico, Santa Cruz County, It’s

More manpower.”It’s far from the only border security ad on Arizona’s airwaves. They want border security, but they also want to fix our broken immigration system,” Gallego argued in an interview with NBC News. Border security has long been one of Trump and the GOP’s top issues and a weakness for Biden and his party. That was very clear, and that’s why I voted for it.”How Gallego's roots inform his campaignIntertwined with Gallego’s border security and immigration stances are his own identity. The remarks didn’t mention border security or creating a pathway to citizenship, typical talking points of Gallego on the trail.

Persons: Ruben Gallego, “ Ruben Gallego, David Hathaway, Kari Lake, Gallego, Joe Biden, Kamala Harris, Donald “, Harris, AdImpact, —, ” Gallego, Jorge Maldonado, “, Trump, Biden, It’s, Marquette University Law Scott, Lake, Gallego “, ”, “ Ruben, “ I’ll Organizations: PHOENIX, Democratic Rep, Arizona Senate, GOP, Democratic, NBC News, NBC News ., Marquette University Law, NPR, PBS, Marist, Republican, Lake, Census, NBC, Harvard, Marines Locations: Mexico, Arizona, Santa Cruz County, Nogales, Arizona , Nevada, Georgia, Washington ,, United States, Washington, Colombian, Mexican, U.S, Chicago, Iraq

The secretary of state's office estimates that 577,971 valid signatures were turned in by Arizona for Abortion Access, a coalition of reproductive rights organizations that includes the American Civil Liberties Union of Arizona and Planned Parenthood Advocates of Arizona. The Arizona for Abortion Access Act will go before voters under the title "Proposition 139." “This is a huge win for Arizona voters who will now get to vote YES on restoring and protecting the right to access abortion care, free from political interference, once and for all,” Cheryl Bruce, campaign manager for Arizona for Abortion Access, said in a statement. In a video shared by the Arizona secretary of state's office, Secretary of State Adrian Fontes acknowledged the legal hurdles the ballot proposal is likely to face. "This is going to certify that the initiative has made the ballot," said Fontes.

Persons: JP Martin, ” Cheryl Bruce, it’s, ” Chris Love, Dobbs, Roe, Wade, Katie Hobbs, Adrian Fontes, —, Fontes Organizations: NBC, Abortion, American Civil Liberties Union of Arizona, Arizona, U.S, Supreme, Democrats, Democratic, Republican Locations: Arizona

The state’s GOP Senate candidate, Kari Lake, has long challenged her Democratic competitor, Rep. Ruben Gallego, to take the debate stage. Hobbs still did not agree to the Arizona Clean Elections proposal for a traditional debate, saying Lake would create a "spectacle." Hobbs then participated in a separate Q&A with Arizona PBS, which has no affiliation with Arizona Clean Elections. Given Hobbs’ Q&A was not affiliated with Arizona Clean Elections, the organization’s executive director says Lake’s frustration is misplaced. “Traditionally, for the last, I think, three Senate races, every Senate debate has happened at the Clean Elections debate,” Gallego said last week.

Persons: Donald Trump, Kamala Harris, Kari Lake, Ruben Gallego, Gallego, ”, Lake, “, chuckles, ” Lake, Katie Hobbs, Hobbs, Thomas Collins, Collins, ” Gallego, proclivity, Harris Organizations: PHOENIX, Arizona Senate, GOP Senate, Democratic, Lake, NBC News, GOP, Arizona, Elections, Republican, Arizona Clean, Arizona PBS, Trump Locations: Arizona, Phoenix, Paradise Valley, ’, Gallego

☆ Waymo's robotaxis are better than some San Francisco drivers
▼ + stars: | 2024-07-07 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +11 min

Waymo's autonomous driver is pretty damn smart, and aside from a few hesitations, the robotaxi offers a smooth, comfortable experience with competitive pricing against other ride-hailing apps. Lloyd Lee/Business InsiderWaymo's 5th generation autonomous driver could be best described as a safe but not an annoyingly cautious driver. It did the same thing to give itself more room when it detected a large parked bucket truck slightly in Waymo's lane. The expectation I had that the Waymo driver would be stiff, as the term "robot taxi" might suggest, was dispelled throughout the rides. The spokesperson said it's also possible I failed to notice something the Waymo car picked up.

Persons: —, San Francisco —, Uber, Lloyd Lee, Spokespeople, Lyft, Andrew Macdonald, Uber's, Waymo, Waymo's, BI's Peter Kafka, it's Organizations: Service, Business, Financial, SF, PACE, Jaguars Locations: San Francisco, Los Angeles, Austin, Pine

☆ A robotaxi isn't enough to fix Tesla's problems, analyst says. Here's what Elon Musk needs to do.
▼ + stars: | 2024-04-12 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Related storiesTesla's Full Self-Driving software beta, or FSD, is currently classified as "level two" in an industry standard that goes up to six. Musk has also talked up the value of a more affordable TeslaMusk has also touted the importance of a cheaper Tesla model for years. "This has always been our dream, from the beginning of the company," Musk said during Tesla's "Battery Day" presentation in 2020. As the lack of low-cost options turns some customers off from making the switch to EV vehicles, Tesla has experienced decreased demand. With the ongoing issues surrounding Tesla's margins and demand, the analysts said Musk needs to "regain confidence in the eyes of the Street."

Persons: —, Elon Musk, Tesla, Musk, It's, Apple, Didi, Martin Eberhard, Eberhard Organizations: Service, Business, Reuters, Teslas, Baidu, Tesla, Tesla's Locations: Los Angeles, Bay, California, China

☆ Plans to Expand U.S. Chip Manufacturing Are Running Into Obstacles
▼ + stars: | 2024-02-19 | by ( Don Clark | Ana Swanson | ) www.nytimes.com time to read: +1 min

In December 2022, Taiwan Semiconductor Manufacturing Company, the key maker of the world’s most cutting-edge chips, said it planned to spend $40 billion in Arizona on its first major U.S. hub for semiconductor production. The much ballyhooed project outside Phoenix — with two new factories, including one with more advanced technology — became a symbol of President Biden’s quest to spur more domestic production of chips, the slices of silicon that help all manner of devices make calculations and store data. Then last summer, TSMC pushed back initial manufacturing at its first Arizona factory to 2025 from this year, saying local workers lacked expertise in installing some sophisticated equipment. Last month, the company said the second plant wouldn’t produce chips until 2027 or 2028, rather than 2026, citing uncertainty about tech choices and federal funding. Progress at the Arizona site partly depends on “how much incentives that the U.S. government can provide,” Mark Liu, TSMC’s chairman, said in an investor call.

Persons: —, Biden’s, TSMC, ” Mark Liu Organizations: Taiwan Semiconductor Manufacturing Company, Phoenix Locations: Arizona, U.S, Phoenix —

☆ A Gen Xer who moved to Phoenix from Kansas said while he's paying more for his house and summers are brutal, there's much more to do
▼ + stars: | 2024-01-21 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +6 min

He settled in Overland Park, Kansas, a city near Kansas City with about 200,000 residents. Ty, who asked to use just his first name for privacy reasons, settled on Phoenix, and moved there in 2023. While Kansas has an income tax of 5.7% on income above $30,000, Arizona has an income tax of 2.5%. While Florida has no income tax, he was drawn in more by the Phoenix area. He's noticed many new residents in Phoenix who have moved from neighboring states, which he didn't observe as much in Kansas.

Persons: Ty, Phoenix, Zillow, there's, it's, he's, I'm Organizations: Service, Business, Phoenix Locations: Ohio , Florida , Kentucky, West Virginia, Indiana, Overland Park , Kansas, Kansas City, Kansas, Phoenix, Arizona, California, Ohio, Florida, Kentucky, Indianapolis, Park , Kansas, Nashville, Tampa . Phoenix, While Kansas, Scottsdale, Phoenix —, Flagstaff, He's

☆ ‘Napoleon’ Review: A Lumpy, Grumpy Little Man
▼ + stars: | 2023-11-22 | by ( Manohla Dargis | More About Manohla Dargis | ) www.nytimes.com time to read: +1 min

More startling, though, is that the movie is also often eccentric and at times eccentrically funny. You expect refined craft and technique from Scott and the pleasures of spectacle filmmaking at its most expansive. It opens in Paris amid that convulsion of violence called the Terror, with surging, shouting crowds and the metallic hiss of the falling guillotine blade. Aristocrats are losing their heads (Scott re-creates one execution with gory verisimilitude), and Napoleon Bonaparte — a mesmerizing, off-kilter, lumpish Joaquin Phoenix — will soon profit from the chaos. Before long, the story has jumped forward and now Napoleon is in the southern French port city of Toulon, where he strategically routs the Anglo-Spanish fleet that has taken the city.

Persons: Kane, ” Orson Welles, Welles, Ridley Scott, “ Napoleon, ” Scott, Napoleon ”, Scott, Karl, Napoleon Bonaparte —, lumpish Joaquin Phoenix —, Napoleon Organizations: “ Locations: “ Kingdom, Europe, Africa, Russia, Paris, Toulon

☆ Phoenix's big moment: How Mayor Kate Gallego is capitalizing on the 'semiconductor revolution' to establish the next global city
▼ + stars: | 2023-10-12 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Phoenix, Arizona, is the center of the US's burgeoning semiconductor chip industry . "We're still trying to prove ourselves as an important global city," Gallego told Insider. AdvertisementAdvertisementPhoenix's semiconductor industry could face some challengesIn the years ahead, Phoenix's economy and international reputation seem poised to benefit from the semiconductor boom. The first of the two TSMC chip factories has faced construction delays and accusations of management and safety issues. "It is the most complex project that I have seen in our city," Gallego said of TSMC's Phoenix factory.

Persons: isn't, Kate Gallego, —, We're, Gallego, Joe Biden, Gina Raimondo, she's, Patrick Semansky, wasn't, Jacob Zinkula, there's Organizations: Service, Philadelphia, Intel, US, Harvard, Phoenix, . Airlines, Taiwan Semiconductor Manufacturing Company, AP, Deloitte Locations: Phoenix, Arizona, , Arizona, United States, isn't, Taiwan, Asia, New Mexico, South Korea, Japan, California

☆ These are the 3 biggest retirement plan rollover mistakes, expert says. Here's how to avoid penalties
▼ + stars: | 2023-09-29 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

The one-year rule is an "archaic belief," according to career expert Sarah Doody. PHOENIX — If you're saving for retirement with a 401(k) or individual retirement account, it's easy to lose money to taxes and penalties when moving money between accounts. A lot of investors make costly rollover mistakes without consulting a professional for guidance, according to Denise Appleby, CEO of Appleby Retirement Consulting. "We need to band together and help to protect those assets," she said, speaking at the Financial Planning Association's annual conference Thursday. Here are three of the most common rollover mistakes to avoid, Appleby warned.

Persons: Sarah Doody, Denise Appleby, Appleby Organizations: Appleby Retirement Consulting, Finance

But "retirement spending is not pass-fail," said certified financial planner Justin Fitzpatrick, co-founder of Income Lab, a retirement planning software company. Your retirement spending isn't static, meaning there's room for adjustments over time, depending on your needs and goals, he said, speaking at the Financial Planning Association's annual conference Wednesday. However, Fitzpatrick sees retirement expenses as "a series of small liabilities," and many of these costs can be flexible. "These are not necessarily the things you would prefer ahead of time, but they're different from financial ruin," Fitzpatrick said. Total financial ruin is "almost impossible," because individual liabilities can be small and spending generally happens slowly enough to make "minor and temporary adjustments" over time, he said.

Persons: Martin Barraud, Justin Fitzpatrick, It's, Fitzpatrick Organizations: Caiaimage, Getty, Cerulli Associates

☆ The 10 hottest ZIP codes in America right now
▼ + stars: | 2023-08-24 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +3 min

Leading the pack are ZIP codes in the Midwest and Northeast, where housing remains relatively affordable. Realtor.com reported America's hottest ZIP codes as of June 2023. Using internal listing data from from January to June 2023, the brokerage ranked homebuying demand.in all 29,000 US ZIP codes. Topping Realtor.com's list of 2023's hottest US ZIP codes is 43230, belonging to Gahanna,, a central Ohio city of 35,127 residents. If Ohio isn't your vibe, Realtor.com has identified other popular ZIP codes in states like Connecticut, New York and Pennsylvania.

Persons: Realtor.com, Hannah Jones, Read Organizations: Service, Phoenix, of, Columbus International Locations: Midwest, Northeast, Wall, Silicon, Austin, Boise, Gahanna, Ohio, of Ohio, Downtown Columbus, Columbus, Connecticut , New York, Pennsylvania

☆ Arizona continues to allow a company to pump enough water to support a city of 50,000 to grow crops for Saudi Arabia's cows while some state residents have had their water supply cut off
▼ + stars: | 2023-07-17 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Arizona has taken steps to lower residents' water consumption as it combats a long-term drought. Meanwhile, the spigot flows freely for the Saudi-owned company, Fondomonte, WaPo reported. For years, that information was unavailable to Arizona due to little state oversight and regulations, the Post reported. Meanwhile, state and city officials throughout Arizona have taken steps to cut back residents' water usage. In January, Scottsdale also cut off the water supply for about a thousand Rio Verde residents, citing extreme drought conditions.

Persons: WaPo, Jordan Rose, Fondomonte, Katie Hobbs, Hobbs Organizations: Saudi, Service, Washington Post, Arizona PBS, Post, Scottsdale City, Gov Locations: Arizona, Wall, Silicon, Saudi, Fondomonte, Butler Valley, Phoenix, Scottsdale, Rio Verde

☆ Home shoppers, don't despair. Bargains are out there, particularly in these pandemic boomtowns.
▼ + stars: | 2023-06-22 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +3 min

Pandemic boomtowns like Austin, Texas; Boise, Idaho; and Phoenix are seeing big discounts. Read on for the top 10 cities and how much home prices have declined in the past year. This has led to some robust price cuts, especially in previously hot pandemic boomtowns — like Austin, Texas; Boise, Idaho, and Phoenix — where prices surged and homebuilders have been adding inventory. The company analyzed the median price per square foot in 100 of the largest US metropolitan areas, and considered the change in prices in the year through May. Take Austin, where the median home price has fallen 7.7% since May 2022 but is still $142,751 above the national median of $441,000.

Persons: Realtor.com, —, Mark Zandi, There's, Danielle Hale, Austin Organizations: Service, Phoenix, Moody's Locations: Austin , Texas, Boise , Idaho, Myrtle Beach , South Carolina, North Port , Florida, Myrtle Beach

☆ Half of Phoenix, Arizona, would end up in the ER if the city has a blackout during a heat wave, study finds
▼ + stars: | 2023-05-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Half of Phoenix, Arizona, would go to the ER if there's a blackout during a heatwave, a new study says. The research, published today, estimated that around 800,000 residents would need emergency care for heat-related conditions like heat stroke. If a blackout left citizens without those systems, a heat wave would have dire consequences, the researchers found. The study involved modeling outdoor and indoor temperatures and daily activity patterns for residents, as well as looking back at historical heat wave events in Phoenix. The city saw record-breaking temperatures in April of this year, according to local weather reports.

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