Service as innovation: China's coming service revolution

Soon, innovation in China will take the form of a move from a primarily manufacturing economy to a more service-oriented one, according to experts gathered at the Fourth Annual Executive Forum in Shanghai.

Podcast: What information is used to determine stock price?

A company's financial statements play a critical part in how its share prices fare in the markets. But financial statements aren't the only sources of information markets use to determine the valuation of a company.

Scalping goes upscale: The secondary ticket market's online revolution

The Internet has revolutionized ticket scalping, turning it into an electronic extension of the box office, driven by sleek advances in computer hardware and software and by a spate of clever, aggressive online ticketing companies.

The Economic Minute: Waiting for consumers to find their smiles

The drop in taxable retail spending over the past two years in Arizona has been dramatic -- even for a historic slump. Dennis Hoffman, director of the Seidman Research Institute at the W. P.

Financial crisis got you down? Nobel laureate tells China to buy Chinese

Roger Myerson, a Nobel Laureate in Economics from the University of Chicago, told an audience of Chinese business executives and government officials recently that their country might do better if it liquidated some of its American investments.

Economic Club of Phoenix presents annual Economic Forecast Luncheon

Economic experts take a look at what's ahead for the nation and the state of Arizona at the annual Economic Outlook Luncheon sponsored by the Economic Club of Phoenix. This year John Arnold, Director of the Governor's Office of Strategic Planning and Budgeting, Dennis Hoffman, Director of the L.

Every Western state expected to lose jobs this year

Employment figures from the U.S. Bureau of Labor Statistics for the year through August show that every Western state lost jobs compared to the same eight-month period last year. Nationally, nonfarm employment through August was down by -3.7 percent.

Innovative thinking: Meeting Arizona's infrastructure needs

Building necessary infrastructure is key to Arizona's economic competitiveness, yet realizing that fact may take a change of thinking.

The economic forecast? Cloudy with a chance of showers, at least until 2010

A year ago, economists were talking of a possible recession, but few predicted the severity of the present financial crisis.

ASU-RSI: Drop in prices in the foreclosed homes market begins to slow

The market for foreclosed homes in the Phoenix metro area appears to be approaching a turn around, according to a new index from the Center for Real Estate Theory and Practice at the W. P. Carey School.