The New Yavapai Economy: Why buy local?

At a conference last month, a young woman who is a recent graduate of economics out of Northwestern University leaned over during a session and asked me why the speaker kept referring to “buying local” when globalization and systems of comparative advantage (cheaper costs for greater quantities of product) create markets with inexpensive goods, making the marketplace better for the consumer.

Injunction blocks new overtime regs

On Nov. 22, a federal judge in Texas granted a preliminary injunction to block the Department of Labor’s (DOL) new overtime regulations.

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NEED2KNOW: Dorn Homes takes home silver; Prescott Auto Center donates another car

Dorn Homes has been honored with two Silver Awards from the National Association of Home Builders.

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New tax plan may hurt 8 million families

President-elect Donald Trump’s proposals would modestly cut income taxes for most middle-class Americans. But for nearly 8 million families — including a majority of single-parent households — the opposite would occur: They’d pay more.

Foothills Bank acquired by Glacier Bancorp

Glacier Bancorp, Inc. recently announced the signing of a definitive agreement to acquire TFB Bancorp, Inc., the holding company for The Foothills Bank.

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Gas Prices: Nov. 25, 2016

EDITOR’S NOTE: Prices at the pump are according to www.arizonagasprices. com. Prices fluctuate; these price checks are as of yesterday afternoon.

Recalled This Week: Children’s shoes, clutches

A line of children’s shoes with sharp rivets are among this week’s recalled consumer product recalls. Other recalled products include clutches and projection night lights

Easy retirement? Only for a privileged few

EDITOR’S NOTE — This is part of Divided America, AP’s ongoing exploration of the economic, social and political divisions in American society.

Twitter adds new options to curb abuse, harassment

Twitter, long criticized as a hotbed for online harassment, is expanding ways to curb the amount of abuse users see and making it easier to report such conduct.

The New Yavapai Economy: The future is now for workforce training

The Prescott Valley Economic Development Foundation hosted their quarterly meeting last Wednesday bringing innovation to the forefront by featuring Education Evangelist Jamie Casap from Google.

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New business profile: Family-owned auto repair shop opens third location Prescott

Opening three businesses in five years is unusually ambitious. But Bob Wurm and his family didn’t hesitate.

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Need2Know: Maverick project underway; Joe’s Furniture honored; lodge wins competition

Maverick, Inc., the convenience store and gas station chain, is a few weeks into building its new location near Prescott High School on a vacant lot on the corner of Ruth and Whipple streets.

Liz Weston: Great credit is a powerful tool

Credit scores are a financial tool, but whether they’re a lever or a hammer depends on how good they are.

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Prescott Area Association of Realtors executive retiring

When Karla Roberts notified the National Association of Realtors (NAR) that she’d be retiring at the end of this year, they told her she’d been with the NAR family for 37 years.

What money experts are telling clients after the election

No outcome is ever truly assured, as everyone in America now knows. We can’t predict what our new president will do, or Congress, or the economy or the markets.

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The Palace Saloon and Restaurant celebrates 20 years of reviving history, serving community

Years of neglect and alteration had turned a Whiskey Row saloon into more of an unkempt dive bar than an Old Western relic.

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NEED2KNOW: Nastee Dogs remodeling; Chipotle fundraiser; Black Hole Beer Company being sold; hiring events

For a couple months now, Nastee Dogs has been closed with a sign posted on the door saying they’re remodeling.

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Tim’s Auto Group celebrates anniversary; unveils expansion plans

Four dealerships with 148 employees on 22 acres is quite a difference from the small Mesa used car lot where it all began.

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West USA Realty—Central Arizona Realty Group ribbon cutting

West USA Realty—Central Arizona Realty Group celebrated their new location Nov. 10 with a ribbon cutting ceremony

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New business profile: Raven Sound Studio

Professional sound studios are a rare sight in Prescott these days.

Recalls: Bicycles, washing machines

Millions of washing machines with a faulty top door that can pop off during use are among this week's recalled consumer products. Others include faulty bicycles and dehumidifiers

Prescott Cost-of-Living Drops

Third quarter numbers for cost-of-living figures are out and Prescott has a lower index than last quarte

People in the news: Title agency earns designation

Yavapai Title Agency’s vice president, Danny Sullivan, and vice president/chief title officer, Brenda Martinez, were both awarded the Arizona Land Title Professional (ALTP) designation by the Land Title Association of Arizona (LTAA) during the Annual State Convention, which was held in Tucson in September.