News
US households, businesses stung by higher energy prices that have pushed inflation above 4%
1+ hour, 8+ min ago (870+ words) Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices rose 4. 2% in May from a…...
Florida unemployment claims drop for third straight week, U. S. Department of Labor says
3+ day, 2+ hour ago (159+ words) Gulf Coast News and Weather First-time unemployment claims in Florida have decreased for the third week in a row, according to the U. S. Department of Labor. About 5, 100 people filed initial unemployment applications last week. That's down about 800 claims from the week…...
2 out of 3 Americans cutting back on spending, survey shows
2+ week, 23+ hour ago (536+ words) U. S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices hover near record levels. The Conference Board's consumer confidence index slipped 0. 7 points to 93. 1 in May, the first decline…...
Mortgage rates climb to highest level in 9 months
2+ week, 6+ day ago (19+ words) Gulf Coast News and Weather Search location by ZIP code...
Report warns Florida homeowners of rising insurance costs by 2035
3+ week, 4+ day ago (434+ words) Florida homeowners could see insurance premiums rise between 33% and 75% by 2035, according to a new report commissioned by the Coalition for an Insurable Future, which attributes the increase to the growing impacts of climate change. The report paints a troubling picture…...
Fed Chair Jerome Powell finishes his term | Here are takeaways from his legacy
3+ week, 5+ day ago (1145+ words) When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs. Now, as Powell steps down from the post…...
Inflation report highlights rising costs, gas prices amid Iran War
4+ week, 17+ hour ago (359+ words) A new inflation report Tuesday shows inflation climbing to 3. 8% year over year, driven by surging energy costs and the ongoing Iran War, according to economists. A new inflation report reveals that prices are climbing sharply, with gas now averaging over…...
Justice Department investigating meat packers amid record-high beef prices
1+ mon, 5+ day ago (530+ words) Experts say low cattle inventory and high demand are driving rising prices. The U. S. Department of Justice is investigating major meatpacking companies for anti-competitive practices as Americans are dealing with record-high beef prices, but experts say other factors are driving the…...
DIY investing: Security risks and how to protect your retirement savings
2+ mon, 4+ day ago (394+ words) John Joyce, CEO of CRS Technology Consultants, highlights the security risks associated with DIY investing and offers tips to safeguard your retirement accounts. Today, everyone can be their own investment advisor, but John Joyce, CEO of CRS Technology Consultants, says…...
Stocks drop nearly 800 points after oil spikes to its highest price since the summer of 2024
3+ mon, 5+ day ago (720+ words) Stocks sank on Wall Street Thursday after the price of oil spiked to its highest level since the summer of 2024 because of the war with Iran. The S&P 500 fell 0. 6% and erased what had been a small gain for the…...