By The Federal Reserve has landed a hot U.S. economy softly before. It has also helped usher in a recession and nearly doubled unemployment.Which will be this time? Our current Fed captain hasn’t offered too many opinions about how we might land, but he’s sounded modestly optimistic at times this year.“The economy can return to…
Forest officials in northern Arizona have proposed three wildlife crossings over local highways.They say the project would reduce traffic collisions with animals and increase wildlife connectivity across the landscape by allowing animals to cross safely.Two crossings would be installed on Interstate 17 near Flagstaff: south of Kachina Village and north of the Willard Springs Exit.The…
A NASA employee was caught using COVID-19 relief loans to support an illegal marijuana-growing endeavor and erase his real estate debt, federal prosecutors said. Armen Hovanesian, 32, who works for NASA’s Jet Propulsion Laboratory, an agency research center run by the California Institute of Technology in Pasadena, had applied for COVID-19 relief loans to help…
By: You can qualify for the best mortgage rates available today if you have a great credit score. Always check your credit before you apply for a new loan. Getty Images/iStockphoto With mortgage rates high compared to where they were just a couple years ago and more federal rate hikes on the horizon, homebuyers may be…
By: Mortgage rates today: Monday, July 24, 2023On Monday, July 24, 2023, the average interest rate on a 30-year fixed-rate mortgage dropped three basis points to 6.88% APR. The average rate on a 15-year fixed-rate mortgage went up two basis points to 6.106% APR, and the average rate on a 5-year adjustable-rate mortgage grew four…
By: “High inflation and rising interest rates are putting a strain on farmers and rural homeowners in Kansas and across the country,” Moran said in … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: Moreover, the jobless claims data set for release on Thursday and the Personal Consumption Expenditures (PCE) report on Friday will offer further … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By WASHINGTON (AP) — Global growth will see a slight improvement compared to previous International Monetary Fund projections but “many challenges still cloud the horizon, and it is too early to celebrate,” the organization’s chief economist said Tuesday.IMF economist Pierre-Olivier Gourinchas gave his assessment as the organization projected that global economic growth will slow to…
The Avalanche Foundation is allocating up to $50 million to purchase tokenized assets created on its layer-1 blockchain, the company exclusively told TechCrunch. The initiative, Avalanche Vista, aims to highlight the value of tokenization in different sectors like equity, credit, real estate and commodities. Tokenization is the process of creating a digital representation of a…
The Fed faces a dilemma with house-price inflation potentially poised for a comeback just as its only tool to fight it threatens to increase unemployment. The poor are the hardest hit by inflation. The Fed faces a dilemma with house-price inflation potentially poised for a comeback just as its only tool to fight it threatens…