10 Federal

The Federal Aviation Administration is expected to delay certification of Boeing's 737 MAX 10 after a newly discovered software glitch. The setback pushes back approval of the largest variant of the MAX family, adding to Boeing's long-running certification woes and likely affecting airline delivery plans that have already been delayed for years.

The yield on the US 10-year Treasury note has risen above 5.3%, a level last reached around 2001, marking a 24-year high. The surge reflects pressure on bond prices as investors weigh federal borrowing, inflation risks and expectations for interest rates. Higher yields ripple through markets, raising mortgage and other borrowing costs and drawing comparisons to the bond environment at the turn of the century.

The cap on state and local tax deductions will be $40,400 in 2026, giving taxpayers in high-tax states a larger break than under the previous $10,000 limit. Advice is circulating on how to make the most of it, including timing property tax and income tax payments, and checking whether income-based phase-outs reduce the deduction for higher earners.

The US National Nuclear Security Administration is reallocating $10 million toward peaceful applications of nuclear technology, according to the American Nuclear Society. The move signals a shift in federal nuclear spending priorities, and is drawing attention from nuclear policy watchers and industry observers.

A new report finds that water bills across the United States have risen 62% over the past ten years, far outpacing general inflation. An accompanying map shows where households pay the most. The report attributes the surge to corporate control and privatization of water systems, climate change pressures, and decades of federal underinvestment in water infrastructure, sparking debate over who should own and run public water services.

Community leaders in Doral, Florida are urging city officials to terminate an immigration agreement with federal authorities. The push, reported by WPLG Local 10, adds to ongoing national debate over local cooperation with immigration enforcement. Supporters of ending the agreement argue it harms trust between immigrant residents and local government, while the city has not announced whether it will act.

The Athletic examines why the Argentine Football Association has not formally retired Lionel Messi's iconic No 10 shirt despite his legendary status with the national team. The piece explains the practical and regulatory obstacles in international football that have kept Argentina from honouring Messi's number the way some clubs and federations have retired famous numbers.

The Federal Reserve raised its benchmark rate by 25 basis points to 3.75%-4.00%, its first hike in three years, pushing the 10-year Treasury yield to a 24-year high. The move has led issuers of certificates of deposit and bonds to raise yields, drawing investors away from riskier assets as markets adjust to the tighter monetary policy.

The 10-year Treasury yield has climbed to its highest level in 24 years, pushing the S&P 500 and Nasdaq back from their record highs. Rising oil prices added to pressure, with investors staying cautious ahead of the Federal Reserve's release of its latest meeting minutes for clues on interest rate policy.

World Mental Health Day is marked annually on October 10, with local newspapers reminding readers of the date. The observance, led by the World Health Organization and the World Federation for Mental Health, aims to raise awareness of mental health issues and mobilize support for treatment and prevention worldwide.

Florida wildlife officials have charged 10 people in connection with the poaching of sea turtles and an illegal fishing operation. The charges follow an investigation into the harvesting of protected sea turtles, a species safeguarded under state and federal law. The case highlights ongoing efforts to crack down on illegal trade in protected marine wildlife in Florida.