Rising break-even inflation rates could get Fed to consider no action in November: strategist

By Market participants’ expectations for future inflation, as measured by break-even rates, could rise by enough for the Federal Open Market Committee to consider keeping interest rates on hold next month, according to Thierry Wizman, global foreign-exchange and rates strategist at Macquarie.The 10-year break-even rate has risen to 2.27% as of Wednesday, based on the…

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What you should know about applying for disaster assistance and unemployment benefits after a hurricane

Florida, Georgia, North Carolina, South Carolina, Tennessee and Virginia have announced the counties where residents can receive unemployment benefits if they were affected by Hurricane Helene. If you … More than 230 people across the Southeast have died since Hurricane Helene made landfall in late September. Survivors are dealing with power outages, damaged homes, and…

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Today’s 15- and 30-year mortgage interest rates remain unchanged at 5.75% and 6.50%, respectively

By: The median interest rate on a 30-year fixed-rate mortgage is 6.50% as of October 17, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.75%, which is also unchanged from yesterday. Mortgage rates have risen recently, a level that economists expect will hold through the end of the…

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ADOT completes highway safety plan, update runs through 2029

INDEPENDENT NEWSMEDIA PHOENIX – The Arizona Department of Transportation has completed a five-year update of its plan for enhancing safety on all public roadways.  The Strategic Highway Safety Plan for 2025-2029 establishes statewide goals, objectives and “key emphasis areas that allow highway safety programs and partners to align goals and leverage resources for engineering, education,…

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