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The Federal Reserve made its second interest rate increase in a decade yesterday and it is having an impact. The dollar index is reaching a 14-year high. Gold is at a more than 10 month low. The 10-year Treasury yield topped 2.6% this morning. (Reuters)

Retail sales rose in November by 0.1%. Sales were up 3.8% from a year ago. Auto sales fell 0.5%, the largest decline since March. Sales at building material stores rose 0.3%. Sales at online retailers gained 0.1% and sales at restaurants and bars increased 0.8%. (Reuters)

Producer prices rose 0.4% in November, its biggest increase in five months. In the last 12 months through October, PPI rose 1.3%.  That is the biggest annual gain since November 2014. A 0.5% increase in the cost of services accounted for more than 80% of the rise in PPI last month. Energy prices fell 0.3%, wholesale food prices rose 0.6% and health care costs gained 0.2%. (Reuters)

Shares of Mondelez, makers Ritz Crackers, Tang, Trident gum and Chips Ahoy cookies is jumping on a reports that Kraft-Heinz is planning to acquire the snack giant. (Bloomberg)

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.
 

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Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.