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Economy

3.3 Million Seek US Jobless Aid, Nearly 5 Times Earlier High

The surge in applications was a stunning reflection of the damage the viral outbreak is inflicting on the economy.

Washington Agrees on Unrivaled $2 Trillion Virus Rescue Bill

The package is intended as a weekslong or monthslong patch for an economy spiraling into recession or worse.

Dow Drops 5.9%, Enters Bear Market, amid Ongoing Virus Fears

An array of investors are calling for big, coordinated action from governments and central banks.

Free-fall in Oil, Virus Fears Slam Markets, Dow Drops 7.8%

The staggering losses immediately raised fears of a recession.

Wall Street Has Worst Week Since 2008 as S&P 500 Drops 11.5%

The S&P 500 fell 0.8% and is now down 13% since hitting a record high just 10 days ago.

Trump’s Big Bet on Career and Technical Education

Trump's proposal has a lot of potential to open up new job opportunities.

Budget Deficit to Break $1 Trillion Despite Strong Economy

The annual CBO update would bring the red ink above $1 trillion for the first time since 2012.

Florida Chamber’s Economist Predicts More Jobs, Population

Florida’s population will continue rising in 2020, perhaps by as many as 900 new residents a day.

Amazon Opening Fifth Fulfillment Center in Florida

The center will need 500 workers, who will earn $15 an hour or more, Amazon said in a statement.

US Economy Grew at Moderate 2.1% Rate in 3rd Quarter

Consumer spending, which accounts for 70% of economic activity, grew at a stronger 3.2% pace.
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Latest News

Pastor Arrested for Violating Florida Rules amid Virus Outbreak

The pastor of a megachurch held two Sunday services with hundreds of people.
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Trump Extends Virus Guidelines, Braces US for Big Death Toll

A stark shift in tone by the president, who only days ago mused about the country reopening in a few weeks.

Trump: No Quarantine, but Travel Advisory for NY, CT and NJ

The CDC urges residents of the three states to refrain from non-essential travel for the next 14 days.

COVID-19 Turns Bustling Art Deco District into Desserted Streets

Mango's Tropical Cafe is one of the restaurants that closed due to the new virus outbreak.

74,000 Floridians Seek Benefits, Critics Demand Reform

More than 74,000 Floridians applied for unemployment benefits last week.