About the Carried Interest Legislation Proposal – HR 4213

By Adam Lyons in : Adam@Champion, Blog, News // Jun 7 2010

On May 20, 2010, the statutory language for the “American Jobs and Closing Tax Loopholes Act of 2010″ [H.R. 4213] was released. H.R. 4213 is 433 pages long. That controversial language includes revisions to current tax laws that …(continued)…

First Solar Acquiring NextLight Renewable Power LLC

By Adam Lyons in : News // Jun 5 2010

Tempe-based First Solar Inc. plans to break ground this summer near Yuma on its first big Arizona power plant following California regulators’ approval this week to sell the power to Pacific Gas and Electric Co.

With the NextLight …(continued)…

Arizona Economic Outlook 2nd Quarter

By Adam Lyons in : News // Jun 3 2010

The Phoenix economy is into recovery mode,

Jobs (on a seasonally-adjusted basis) bottomed out in November. Consumer spending has rebounded. The housing market is stabilizing.

Retail sales for the state bottomed in June 2009, and are now growing at an 8.8% …(continued)…

30-year Fixed mortgage rate hit a new record low this week of 4.92%

By Adam Lyons in : News // May 27 2010

The average conforming 30-year fixed mortgage rate hit a new record low this week, inching to 4.92 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.42 discount and origination …(continued)…