State revenues plummet after the coronavirus shutdown

Republican Senate President Bill Galvano sent a memo to senators saying the state’s revenue in the month of April was down about $780 million from what was originally predicted.

Working from home is costing Americans more than working from the office

As more companies signal working from home will become a permanent part of the new normal, experts believe it may force an adjustment for households that are left struggling to balance the monthly budget.

Orlando-based Darden Restaurants brought 60,000 furloughed employees back as states reopened

Florida is currently in phase two of reopening, which allows restaurants and bars to open at 50 percent capacity indoors and full capacity outside as long as appropriate social distancing is followed.

Another 1.48 million laid-off workers seek US jobless aid

The number of laid-off workers who applied for unemployment benefits fell to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.

Florida unemployment claims up slightly last week

Florida’s 93,394 claims filed last week trailed only the 287,354 posted in California and the 124,283 in Georgia.

US GDP fell at 5.0% rate in Q1; worse is likely on the way

It was the sharpest quarterly decline since an 8.4% fall in 2008 during the depths of the financial crisis.

US inmates got coronavirus relief checks, and IRS wants them back

The legislation authorizing the payments during the pandemic doesn’t specifically exclude jail or prison inmates, and the IRS has refused to say exactly what legal authority it has to retrieve the money.

Only 47% of Americans are losing sleep over money despite pandemic: Study

For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.

State looks to draw tourists amid 'evolving' circumstances

Visit Florida intends to use marketing dollars unspent from late winter and spring, as the coronavirus took hold, to get people to again explore the state.

US new home sales rise surprisingly strong 16.6% in May

Sales of new homes rose a surprisingly strong 16.6% in May suggesting that the reopening of major parts of the country were giving a boost to the housing market.

Existing home sale plunge 9.7% in 3rd straight monthly drop

The National Association of Realtors said Monday that the monthly decline pushed sales down to a seasonally adjusted annual rate of 3.91 million, the slowest pace since a home buyers tax credit expired in October 2010.

Carnival Cruise Line cancels all sailings until October amid coronavirus pandemic

"Please continue to take care of yourself and your loved ones," Carnival wrote. "Your health and safety are important to us whether you're are on land or on one of our ships."

US mortgage rates fall; 30-year at all-time low of 3.13%

Long-term U.S. mortgage rates fell this week as the benchmark 30-year home loan reached a new all-time low.

Austin man arrested for allegedly defrauding SBA out of millions

The complaint alleges that McQuarn implemented a scheme in April whereby he submitted fraudulent applications and supporting paperwork for two "fictitious companies" that he had created to secure SBA-backed PPP funds.

McDonald’s plans to hire 260,000 workers this summer

The roles are part of the company’s seasonal hiring effort, with both full- and part-time opportunities.