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Mytrendingstories latest business news: Phoenix is ranked among the most populous cities in America. It is the capital of Arizona state and plays a very crucial role in upholding its economy. By population, it is also the biggest city of Arizona, having an estimated number of around 4 million people. The city has got a great importance in the history and political books of America, which is why always stays in focus of the politicians. Over the last four to five decades, the city has grown up quite enormously, particularly in terms of gaining more commercial repute. Currently, the financial value of the Phoenix is very much high in the Arizona state, making it a center place for all the major business activities.