Jesse

Phoenix high-rise development planned near Steele Indian School Park clears 1st hurdle

A high-rise development planned for 18 acres next to Steele Indian School Park cleared a major hurdle Thursday night, gaining a recommendation of approval from the Phoenix Planning Commission despite vocal neighborhood concerns.The project, called Central Park, is proposed for a vacant site at Indian School Road and Central Avenue.An outdated plan for Central Park…

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The unemployment rate just dropped to 3.7%, and experts say it’s another ‘soft landing’ signal that will leave the Fed in limbo

The recession that seemed so inevitable at the end of 2022, still hasn’t arrived and may not come any time soon,” said Chris Zaccarelli, chief investment officer of Independent Advisor Alliance. The recession that seemed so inevitable at the end of 2022, still hasn’t arrived and may not come any time soon,” said Chris Zaccarelli,…

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Fed’s favorite gauge shows inflation rose 0.2% in October and 3.5% from a year ago, as expected

By: Inflation as measured by personal spending increased in line with expectations in October, possibly giving the Federal Reserve more incentive to hold rates steady and perhaps start cutting in 2024, according to a data release Thursday.The personal consumption expenditures price index, excluding food and energy prices, rose 0.2% for the month and 3.5% on…

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