Small-business loans in Arizona hit record

An improved outlook on business, historically low interest rates and increased marketing helped push federally backed small-business loans to another record in Arizona.

Factoring fraudster faces 35 years in jail

The former head of the federal Superfund environmental cleanup program was found guilty on Monday of concocting a scheme to defraud a client who had hired her consulting company for an environmental cleanup project.

Fed raises interest rate

The US Federal Reserve boosted a key short-term interest rate by one-quarter percentage point last night, the third increase this year.