Scottsdale’s mayor received nearly half of his political contributions over the past two years from employees of the prominent local development company that earlier this month successfully fought to kill a competitor’s plan to build a new restaurant in Old Town.Employees of Riot Hospitality Group, owned by Shawn Yari, one of the city’s most prominent…
Three metro Phoenix mayors are pressing Arizona Gov. Katie Hobbs to detail her plans to soften the financial blow from repealing a tax on rentals, noting Hobbs’ approach has “not yet been shared” as cities face budget deadlines and possible cuts.In a letter sent on Wednesday, the trio of Democratic and Republican mayors cited Hobbs’…
By Across the world, central banks have been vowing for almost two years to return inflation to the target rate of 2%. In practice, this has meant increasing interest rates – the cost of borrowing – in order to slow down economic activity. Today, the Bank of England decided to leave interest rates in the…
TEMPE — About three months into his career with Arizona State basketball, Jose Perez has shown why head coach Bobby Hurley wanted him so badly in the first place. The fifth-year college guard ranks second among the team in points per game at 13.4, right behind Frankie Collins at 13.7. He’s shooting 44.6%. In the…
… infrastructure projects throughout Arizona. Mr. Fleming has over 16 years of related management and utility experience. Mr. Fleming is a director … See the full article on Arizona residential development, or, read more Arizona real estate investing news. Feel free to share our site with your investor friends.
By: In 2024, the nation’s economic path is navigating uncertainties driven by the Federal Reserve’s decision to raise interest rates over 18 months in … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: “I remain of the view that consumer spending will continue to grow, but … The Personal Consumption Expenditures Price Index – the Fed’s preferred … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: Rates for 30-year mortgages dropped again, but homes remain unaffordable in most areas. (iStock) Mortgage rates dropped to 6.63% this week, according to Freddie Mac’s Primary Mortgage Market Survey. Rates for 30-years fixed-rate mortgages were 6.69% last week, dropping by 0.06 percentage points. Rates for 15-year mortgages also dropped slightly from 5.96% last week…
Dick’s Sporting Goods Inc. is planning to debut its budding national store concept — called Dick’s House of Sport — in Arizona in 2025, the company confirmed to sister publication, the Phoenix Business Journal Jan. 30.The new Dick’s Sporting Goods (NYSE: DKS) concept combines the Coraopolis-based public company’s retail merchandise with sporting experiences such as…
Continued signs of strength in the labor market are considered essential by many economists in order for the Federal Reserve to achieve a so-called soft landing. Continued signs of strength in the labor market are considered essential by many economists in order for the Federal Reserve to achieve a so-called soft landing. See the entire…