INSIDER
‘I’m really hopeful:’ Central Florida restaurants face economic strain amid rising costs
Read full article: ‘I’m really hopeful:’ Central Florida restaurants face economic strain amid rising costsIn a year marked by the closures of beloved restaurants like Kappy's Subs in Maitland, Pom Pom's Teahouse in the Milk District, and Hamburger Mary's Downtown, the Central Florida restaurant scene is facing unprecedented challenges.
The White House is cracking down on overdraft fees
Read full article: The White House is cracking down on overdraft feesThe Consumer Financial Protection Bureau said Thursday it's capping overdraft fees at $5 with a rule set to take effect in October 2025, if it isn't overturned by Congress or altered under a Trump administration.
Recalls, risks and counterfeits: Tips for safe toy shopping
Read full article: Recalls, risks and counterfeits: Tips for safe toy shoppingForty-seven percent of parents say they purchased a toy from an online source that they later found or suspected was fake, according to a survey by The Toy Association.
Trump vows tariffs over immigration. What the numbers say about border crossings, drugs and crime
Read full article: Trump vows tariffs over immigration. What the numbers say about border crossings, drugs and crimePresident-elect Donald Trump is threatening tariffs on Mexico and Canada as he seeks to portray them as responsible for illegal immigration and drug smuggling.
Trump's treasury pick could give an indication of what he plans to do about tariffs
Read full article: Trump's treasury pick could give an indication of what he plans to do about tariffsOne of the top remaining vacancies in President-elect Donald Trump’s proposed Cabinet is his treasury secretary — and the views of his top contenders there reflect broader questions about how the president-elect might wield tariffs in his new administration.
These Florida cities among most debt-ridden in the US. Here’s why
Read full article: These Florida cities among most debt-ridden in the US. Here’s whyOf the 50 metros examined in this list, Austin, Texas was considered the most debt-ridden thanks to its high growth in recent years. But several Florida cities made it into the top 10.
Inflation is still on the rise — and it’s impacting your savings. Here’s how
Read full article: Inflation is still on the rise — and it’s impacting your savings. Here’s howInflation has caused costs to skyrocket for many Americans. But even as it cools, it's still threatening the value of your savings account.
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
Read full article: Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertaintyThe Federal Reserve cut its key rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week.
US economy adds 12,000 jobs in October, what does that mean?
Read full article: US economy adds 12,000 jobs in October, what does that mean?According the U.S. Labor Department, America's employers added just 12,000 jobs in October, but economists say that relatively low number was affected by hurricanes Helene and Milton, as well as labor strikes from companies like Boeing which left a lot of people off the payrolls.
US Secretary of Education in Central Florida when news breaks of judge allowing student loan forgiveness to proceed
Read full article: US Secretary of Education in Central Florida when news breaks of judge allowing student loan forgiveness to proceedNews 6 was with US Secretary of Education Miguel Cardona, when he got the news that the Biden Administration can — at least temporarily — move forward with student loan forgiveness.
Gov. DeSantis primes guardsmen to ‘maintain order’ at Florida ports amid ILA strike
Read full article: Gov. DeSantis primes guardsmen to ‘maintain order’ at Florida ports amid ILA strikeFlorida Gov. Ron DeSantis has signed an executive order directing state agencies including the Florida National Guard and Florida State Guard to be ready to “maintain order” at seaports amid potential impacts from the ongoing International Longshoreman’s Association strike.
Florida ports feel impacts of strike by International Longshoreman’s Association
Read full article: Florida ports feel impacts of strike by International Longshoreman’s AssociationFour busy Florida ports will see direct impacts from an International Longshoremen’s Association strike for higher wages that began Tuesday.
People selling homes in Florida must disclose past flooding issues under new law
Read full article: People selling homes in Florida must disclose past flooding issues under new lawThis includes providing buyers with filed insurance claims related to flood damage and disclosing whether federal assistance was given due to flooding.
Fed Chair Powell says the US economy is in 'solid shape' with gradual rate cuts coming
Read full article: Fed Chair Powell says the US economy is in 'solid shape' with gradual rate cuts comingFederal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.
Dockworkers at ports from Maine to Texas go on strike, a standoff risking new shortages
Read full article: Dockworkers at ports from Maine to Texas go on strike, a standoff risking new shortagesDockworkers at ports from Maine to Texas have started walking picket lines in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks.
Wildfires on the rise: Florida has 2nd-highest risk in the nation. Here’s how to prep financially
Read full article: Wildfires on the rise: Florida has 2nd-highest risk in the nation. Here’s how to prep financiallyIn terms of financial risk, the study shows that Florida has the second highest fire risk in the country, with losses expected to reach $269 million.
Federal Reserve is set to cut interest rates for the first time in 4 years
Read full article: Federal Reserve is set to cut interest rates for the first time in 4 yearsWith inflation barely above their target level, Fed officials have been shifting their focus toward supporting a weakening job market and achieving a rare “soft landing,” whereby it curbs inflation without causing a sharp recession.
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
Read full article: Federal Reserve signals end to inflation fight with a sizable half-point rate cutThe Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for consumers.
Volusia residents can register for free beach parking while others have to pay. Here’s when
Read full article: Volusia residents can register for free beach parking while others have to pay. Here’s whenVolusia County residents will soon be able to register vehicles to drive on beaches and to park in off-beach lots for free.
Florida Lottery sales drop as costs rise for necessities
Read full article: Florida Lottery sales drop as costs rise for necessitiesEconomists reported that ticket sales came in at $9.417 billion during the 2023-2024 fiscal year, which ended June 30. That was down from $9.8 billion in the previous fiscal year and was $132.5 million less than anticipated.
These are the best, worst states in the country. Where does Florida rank?
Read full article: These are the best, worst states in the country. Where does Florida rank?The list analyzes factors like education, economy, public infrastructure, safety and the environment to determine which states performed the best — and which still have room to improve.
Buca di Beppo files for bankruptcy. Here are the remaining Florida locations
Read full article: Buca di Beppo files for bankruptcy. Here are the remaining Florida locationsDespite the announcement, company officials said the chain is restructuring 44 of its remaining core locations, as well as planning to open a new one.
Financial markets around the world stabilize after recent rout. Here's what to know
Read full article: Financial markets around the world stabilize after recent rout. Here's what to knowMarkets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last week through Monday.
Tourists, visitors, family, friends: Save money on your next MCO car rental
Read full article: Tourists, visitors, family, friends: Save money on your next MCO car rentalTired of paying your rental car company an extra $5 or even $10 per day just for the privilege of using the company's toll transponder? And that's on top of the cost of the tolls themselves. You do have another option.
‘Stayed the course:’ Florida receives higher credit rating than the US. Here’s why
Read full article: ‘Stayed the course:’ Florida receives higher credit rating than the US. Here’s whyFlorida Gov. Ron DeSantis poked at politicians in Washington, D.C. on Friday after Fitch again affirmed the state's highest possible credit rating.
‘Adding a city:’ Millions more could flock to Florida. Here’s when to expect it
Read full article: ‘Adding a city:’ Millions more could flock to Florida. Here’s when to expect itThe most recent estimates indicate that Florida will gain enough people each year to fill a city nearly the size of Orlando.
When will Gordie Howe International Bridge project be done? See timeline of progress
Read full article: When will Gordie Howe International Bridge project be done? See timeline of progressHere is a timeline of events thus far for the project, with more milestones obviously to come for a project expected to be done in 2025.
👴 Americans' confidence in their ability to retire remains shaken
Read full article: 👴 Americans' confidence in their ability to retire remains shakenAmericans' attitudes about life after work have shifted some in the last two years as higher costs of living force them to reconsider retirement plans despite stable incomes and a healthy stock market.
Business leaders look to boost Florida’s economic development
Read full article: Business leaders look to boost Florida’s economic developmentA well-connected group of Florida business leaders thinks its members can help fill a void that opened last year when lawmakers broke up the business-recruitment agency Enterprise Florida.
Rental market in Florida could be settling down. Will housing get cheaper?
Read full article: Rental market in Florida could be settling down. Will housing get cheaper?In a release, FAU officials announced that rents in places like Palm Bay and Jacksonville have recently gone below their long-term trends.
Rolling Stones concert expected to bring in millions for Central Florida's economy
Read full article: Rolling Stones concert expected to bring in millions for Central Florida's economyCamping World Stadium estimates at least 42,000 people will attend the concert — but they expect that number to be higher.
British economy rebounds strongly in first quarter of the year, ending 'technical recession'
Read full article: British economy rebounds strongly in first quarter of the year, ending 'technical recession'The British economy bounced back strongly in the first three months of the year, bringing to an end to what economists termed a “technical recession.”.
These are all 50 states, ranked best to worst. Where does Florida stand?
Read full article: These are all 50 states, ranked best to worst. Where does Florida stand?The list analyzes factors like education, economy, public infrastructure, safety and the environment to determine which states performed the best — and which still have room to improve.
Save on hurricane, back-to-school supplies, more: Here’s when these 2024 Florida tax holidays are in effect
Read full article: Save on hurricane, back-to-school supplies, more: Here’s when these 2024 Florida tax holidays are in effectThere are several tax holidays this summer, including a Freedom Month.
‘Enjoy the ride:’ Florida’s economy is expected to thrive. But here’s the catch
Read full article: ‘Enjoy the ride:’ Florida’s economy is expected to thrive. But here’s the catchFlorida’s “jumbo jet economy” is expected to do better than the rest of the nation in the upcoming years — though there are a couple of caveats.
$1M winning Powerball ticket sold in Orlando. Here’s where the lucky store is located
Read full article: $1M winning Powerball ticket sold in Orlando. Here’s where the lucky store is locatedNo one claimed the top prize in the $1 billion Powerball jackpot drawing, but a $1 million winning ticket was sold right here in Orlando.
‘It’s been a journey:’ Finding affordable housing continues to be a challenge in Central Florida
Read full article: ‘It’s been a journey:’ Finding affordable housing continues to be a challenge in Central FloridaCentral Florida’s numbers, while staggering, are actually an improvement from last year when Orlando had the second most severe shortages.
These are the best, worst cities for first-time homebuyers. How many are in Florida?
Read full article: These are the best, worst cities for first-time homebuyers. How many are in Florida?It’s no surprise that Florida has become a popular state, with an influx of migration pushing up housing costs across the state. But some places are better than others.
More elderly people living in Volusia County’s shelters, can’t afford rent
Read full article: More elderly people living in Volusia County’s shelters, can’t afford rentThere’s an uptick in elderly people coming to a homeless shelter in Daytona Beach. Dr. Victoria Fahlberg, executive director of First Step Shelter, said she noticed the trend in December.
Florida lawmakers approve new anti-communism class in schools
Read full article: Florida lawmakers approve new anti-communism class in schoolsThe bill would require public schools to teach about the history of communist groups in the U.S. and abroad, as well as the problems with communist principles.
Orange County may take on millions in medical debt. Here is how it would work
Read full article: Orange County may take on millions in medical debt. Here is how it would workHundreds of millions of dollars in medical debt could be absorbed as Orange County leaders consider how to spend leftover federal aid from the American Rescue Plan.
Florida leaders are going after communism. Here’s some background
Read full article: Florida leaders are going after communism. Here’s some backgroundAccording to the bills, these classes would cover the failures of groups like the USSR, the Communist Party of Cuba, and the Great Proletarian Cultural Revolution in China.
These metros have the ‘biggest inflation problems.’ 2 are in Florida
Read full article: These metros have the ‘biggest inflation problems.’ 2 are in FloridaWhile inflation is still an issue nationwide, Florida has seen a larger surge than many other states, largely thanks to the flood of people moving to the Sunshine State.
History of Communism instruction in Florida schools draws debate
Read full article: History of Communism instruction in Florida schools draws debateAn at-times tense meeting of a House panel Tuesday exposed a simmering debate about whether a proposal to teach about the history of communism in grades as low as kindergarten is a polarizing idea or, as a supporter said, "not divisive in any way."
These Florida metros have seen huge rent spikes. Here’s how much
Read full article: These Florida metros have seen huge rent spikes. Here’s how muchThanks to federal spending and the state's popularity, there is a huge demand for housing in Florida — a surge that has driven up rental rates statewide.
Childcare in the US costs more than Florida in-state college tuition, study shows
Read full article: Childcare in the US costs more than Florida in-state college tuition, study showsNew numbers from Care.com show most parents spend 24% of their household income on child care. Half of parents surveyed spent more than $18,000 in 2023, according to a report by our sister station WJXT.
Orange County employers look to fill over 1K positions at job fair
Read full article: Orange County employers look to fill over 1K positions at job fairThe third annual Orange County Mayor’s Open House and Job Fair attracted hundreds of people curious about full and part-time work within their local government.
How UCF’s new nursing pavilion will help address Florida’s nursing shortage
Read full article: How UCF’s new nursing pavilion will help address Florida’s nursing shortageAs Florida faces a critical shortage of nurses, UCF leaders broke ground last week on a $68 million nursing facility that will lead to more nurses entering the workforce.