Legislative News

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Tempe Chamber of Commerce week of October 11, 2020

National

Wall Street drops as investors face stimulus impasse

(Reuters) - U.S. stocks dropped on Thursday as a rise in weekly jobless claims compounded worries about a stalling economic recovery and fading hopes for more fiscal aid before the election.

Investors prepare for higher Treasury yields as election looms

The prospect of a Democratic sweep in next month’s elections is helping to push U.S. government-bond yields higher, stirring memories of four years ago when yields climbed sharply after a Republican victory.

US Long-Term Mortgage Rates Fall to Low; 30-Year at 2.81%

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week as the key 30-year loan reached a new all-time low for the tenth time this yea

 

State

Arizona benchmarks unchanged, but potential COVID-19 hot spots flare up

PHOENIX – All 15 of Arizona’s counties remained in opening phases after the state’s COVID-19 business and school dashboards were updated Thursday, but some metrics indicated potential hot spots.

Arizona will have more ‘extreme heat’ days in future, researchers say

Arizona will experience more days of extreme heat in the coming decade, according to an Arizona State University study that comes on the heels of the state’s hottest summer on record. But researchers are looking for ways to mitigate a hotter, drier climate.

Arizona regulators give OK to requiring more energy efficiency from utilities

After four years of discussion, debate, workshops and multiple failed attempts, Arizona's energy regulators on Wednesday gave initial approval to a new requirement for electric utilities to boost their energy-efficiency programs.

 

Local

Tempe Launches $1.1M Grant For Small Businesses

TEMPE, AZ — The city of Tempe is launching its first grant program to offer aid to small businesses continuing to struggle due to the coronavirus pandemic.

Tempe Police reform meeting was closed to the public

TEMPE, AZ — Tempe’s new Public Safety Advisory Task Force held its first meeting Tuesday while barring the public from attending, potentially in violation of Arizona’s open meeting law.