Budget deficit to hit record $3.3T, putting US debt on track to exceed GDP next year
The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger.
The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger.
Second Harvest Food Bank facing challenges placing students in jobs during pandemic
Coronavirus is making it hard for people to find work and food banks are coming to the rescue. Some of those same food banks help culinary students find steady jobs but the pandemic has changed all that.
Coronavirus is making it hard for people to find work and food banks are coming to the rescue. Some of those same food banks help culinary students find steady jobs but the pandemic has changed all that.
Coronavirus pandemic brings hard times for farmers, worsening hunger
The coronavirus pandemic has brought hard times for many farmers and has imperiled food security for many millions both in the cities and the countryside.
The coronavirus pandemic has brought hard times for many farmers and has imperiled food security for many millions both in the cities and the countryside.
Over 800 employees at Universal Orlando Resort will lose their jobs due to impact of COVID-19, notice says
The employees were indefinitely furloughed or permanently terminated, according to a notice filed.
The employees were indefinitely furloughed or permanently terminated, according to a notice filed.
United says it will drop widely scorned ticket-change fees
United Airlines says it is dropping a controversial $200 fee on consumers who change a ticket for travel within the United States.
United Airlines says it is dropping a controversial $200 fee on consumers who change a ticket for travel within the United States.
Loews plans reduction in workforce at Universal Orlando hotels
Loews Hotels & Co. on Friday confirmed to FOX 35 News a reduction in its workforce at Universal Orlando Resort just two weeks after announcing the temporary closures of two hotels.
Loews Hotels & Co. on Friday confirmed to FOX 35 News a reduction in its workforce at Universal Orlando Resort just two weeks after announcing the temporary closures of two hotels.
United Airlines will furlough up to 2,850 pilots without more federal aid
United Airlines says it will furlough up to 2,850 pilots this fall unless the federal government provides more coronavirus-relief money to the nation's airlines.
United Airlines says it will furlough up to 2,850 pilots this fall unless the federal government provides more coronavirus-relief money to the nation's airlines.
More than 1 million Americans applied for unemployment benefits
Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
Central Florida theme park leaders say there have been no outbreaks at the parks, encourage visitors to return
John Sprouts, the VP CEO Universal Parks and Resorts, added that "I think we’ve been able to prove that all of us can operate safely and create not only a great environment for guests but a safe environment for the guests."
John Sprouts, the VP CEO Universal Parks and Resorts, added that "I think we’ve been able to prove that all of us can operate safely and create not only a great environment for guests but a safe environment for the guests."
Port Canaveral officials discuss COVID-19 losses, the future of the Port and cruising
The Port let go of 68 employees, furloughed 17, and they are ratcheting down their service and maintenance contracts, only servicing what the harsh salt air would otherwise ruin.
The Port let go of 68 employees, furloughed 17, and they are ratcheting down their service and maintenance contracts, only servicing what the harsh salt air would otherwise ruin.
DeSantis: Florida to apply for $300 per week federal unemployment benefits
Florida's application still needs to be approved.
Florida's application still needs to be approved.
Seminole County opens portal for residents to apply for up to $5,000 in CARES Act funding
Some residents in Seminole County can receive up to $5,000 in CARES Act funding.
Some residents in Seminole County can receive up to $5,000 in CARES Act funding.
Orange County eviction relief application portal opens Tuesday
The Eviction Diversion Program will help up to 8,000 people avoid being evicted and can provide up to $4,000 in past due rent for landlords and tenants who meet the eligibility requirements.
The Eviction Diversion Program will help up to 8,000 people avoid being evicted and can provide up to $4,000 in past due rent for landlords and tenants who meet the eligibility requirements.
Winter Park boutique changing business model to stay afloat
Businesses on Park Avenue in Winter Park are struggling, but one store says they've changed their business model to help them stay afloat.
Businesses on Park Avenue in Winter Park are struggling, but one store says they've changed their business model to help them stay afloat.
Millions of jobs lost to coronavirus pandemic could take years to return
The damage inflicted to the jobs market is expected to persist for years, IRS projections show.
The damage inflicted to the jobs market is expected to persist for years, IRS projections show.
Could Americans still receive a second stimulus check? Everything we know
With White House officials and top Democrats at a weeks-long impasse over another coronavirus relief package, Senate Republicans are preparing to unveil their own new proposal — a pared-down version of a previous bill that notably does not include a fresh round of stimulus checks.
With White House officials and top Democrats at a weeks-long impasse over another coronavirus relief package, Senate Republicans are preparing to unveil their own new proposal — a pared-down version of a previous bill that notably does not include a fresh round of stimulus checks.
Florida sees rise in new unemployment claims, officials say
That represented an increase of 135,000 from the prior week, which was the first week with fewer than 1 million new unemployment applications since coronavirus lockdowns began.
That represented an increase of 135,000 from the prior week, which was the first week with fewer than 1 million new unemployment applications since coronavirus lockdowns began.
US unemployment claims jump back above 1 million in face of coronavirus
The coronavirus recession struck swiftly and violently. Now, with the economy still in the grip of the pandemic five months later, the recovery looks fitful and uneven — and painfully slow.
The coronavirus recession struck swiftly and violently. Now, with the economy still in the grip of the pandemic five months later, the recovery looks fitful and uneven — and painfully slow.
Over 1,000 small businesses apply for Seminole County CARES funding, officials say
Funding is available on a first-come, first-served basis.
Funding is available on a first-come, first-served basis.
Nearly 40% of Americans who lost their jobs during pandemic can't last a month on savings
One in five respondents said their savings would last just two weeks.
One in five respondents said their savings would last just two weeks.