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Economy

Latest updates on the U.S. economy.

Joann, the fabrics chain, files for bankruptcy again

Joann, the fabrics chain, files for bankruptcy again

Joann has 850 stores nationwide which will remain open as the company seeks a buyer.

January 15, 2025 1:05pm EST
1 in 5 job postings aren’t real, recent study finds

1 in 5 job postings aren’t real, recent study finds

Greenhouse analysis reveals nearly 20% of job postings are “ghost jobs," with no hiring activity, impacting job seekers across industries.

January 14, 2025 8:27pm EST
North Dakota's governor wants to eliminate property taxes; here's how it could work

North Dakota's governor wants to eliminate property taxes; here's how it could work

North Dakota Governor Kelly Armstrong has proposed a plan to phase out property taxes for primary residences, leveraging the state’s oil revenue.

January 14, 2025 5:43pm EST
US economy added 256K jobs in December, well above expectations

US economy added 256K jobs in December, well above expectations

The unemployment rate came in at 4.1%, slightly lower than economists' expectations.

January 10, 2025 5:03pm EST
Seminole Towne Center closure: Major redevelopment planned for Sanford mall

Seminole Towne Center closure: Major redevelopment planned for Sanford mall

Sanford officials have announced that the redevelopment of the Seminole Towne Center mall will be the largest project of its kind in Seminole County's history.

January 9, 2025 11:30pm EST
Chick-fil-A's lemon-squeezing robots cut over 10,000 labor hours per day: report

Chick-fil-A's lemon-squeezing robots cut over 10,000 labor hours per day: report

Atlanta, Georgia-based Chick-fil-A Inc.

January 9, 2025 4:32pm EST
US longshoremen and ports reach tentative contract deal, averting strike

US longshoremen and ports reach tentative contract deal, averting strike

A tentative six-year contract agreement between longshoremen and ports has averted a potential strike that could have disrupted the U.S. economy.

January 8, 2025 8:09pm EST
Getting groceries is about to get a whole lot easier

Getting groceries is about to get a whole lot easier

A new feature will make purchasing your every day items more convenient, and here's how it works.

January 7, 2025 2:11pm EST
Orange County tourism tax revenue hits new record for November

Orange County tourism tax revenue hits new record for November

Orange County collected more than $31 million in tourist development taxes in November, marking the highest revenue ever recorded for that month.

January 6, 2025 9:13pm EST
These were the most expensive homes sold in 2024, according to Redfin

These were the most expensive homes sold in 2024, according to Redfin

The U.S. real estate market has another year in the books after 2024 came to a close, and Redfin identified homes that had the heftiest sale prices last year.

January 6, 2025 2:20pm EST
FOX 35 Investigates: Unemployment claimants face long call waits, months of delays despite low jobless rate

FOX 35 Investigates: Unemployment claimants face long call waits, months of delays despite low jobless rate

Florida’s Department of Commerce says the unemployment rate here is lower than the national average, a standard it has maintained for 49 consecutive months. In November, those numbers were 3.4% compared to 4.2%.

December 31, 2024 8:49pm EST
Here are the cities where renters stay put the longest: Report

Here are the cities where renters stay put the longest: Report

Baby boomers tended to stay in one place the longest compared to Gen Z renters who on average live in one spot for less than a year.

December 31, 2024 8:01pm EST
These states are boosting minimum wage in 2025—is yours on the list?

These states are boosting minimum wage in 2025—is yours on the list?

Starting January 1, 2025, nearly half of U.S. states will implement minimum wage increases, benefiting an estimated 9.2 million workers.

December 31, 2024 5:15pm EST
This is the living wage needed for a family of four in Florida

This is the living wage needed for a family of four in Florida

The cost of living continues to rise across the U.S. — and that rings true in some states more than others. 

December 20, 2024 4:26pm EST
Malls aren’t obsolete and Gen Z is helping to prove that

Malls aren’t obsolete and Gen Z is helping to prove that

The willingness to go out to shop during the holidays isn’t just in your head, it’s actually a huge draw for many shoppers.

December 19, 2024 6:14pm EST
Social Security's full retirement age is increasing in 2025: What to know

Social Security's full retirement age is increasing in 2025: What to know

The full retirement age for Social Security is set to increase in 2025. Here's what to know.

December 19, 2024 9:48am EST
Bowl season brings thousands of fans to Orlando, boosting economy

Bowl season brings thousands of fans to Orlando, boosting economy

Orlando is gearing up for an influx of college football fans as three bowl games are set to take place over the next three weeks.

December 18, 2024 11:10pm EST
Data reveals what's more expensive now than 1990 – and what's cheaper

Data reveals what's more expensive now than 1990 – and what's cheaper

New data from the U.S. Treasury reveals which goods and services have become significantly more expensive — and which ones are cheaper — compared to 1990.

December 18, 2024 7:12pm EST
Here are the 10 best and worst times to buy a used car

Here are the 10 best and worst times to buy a used car

If you’re in the market for a car these are the times of the year to find quality bargains. See the list.

December 18, 2024 6:00pm EST
Fed cuts key interest rate by a quarter-point: What does it mean for you?

Fed cuts key interest rate by a quarter-point: What does it mean for you?

The Fed announced Wednesday a quarter-point cut to its benchmark rate, from about 4.6% to roughly 4.3%.

December 18, 2024 2:13pm EST
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Latest News

Investigation details released in 10-minute flight, crash killing NASCAR's Greg Biffle and 6 more

Investigation details released in 10-minute flight, crash killing NASCAR's Greg Biffle and 6 more

Luke Air Force Base lockdown lifted after reports of active shooter incident

Luke Air Force Base lockdown lifted

Trump gives fed workers off on Christmas Eve, December 26

Trump gives fed workers off on Christmas Eve, December 26

The 'Patriot Games': What we know about Trump's proposed high school athletic competition

The 'Patriot Games': What we know about Trump's proposed high school athletic competition

Trump signs executive order to reclassify marijuana as less dangerous drug

Trump signs executive order to reclassify marijuana as less dangerous drug

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Sanford police officer arrested on 80 felony charges in alleged off-duty detail fraud

Sanford police officer arrested on 80 felony charges in alleged off-duty detail fraud

Sanford Police Chief: Ex-officer allegedly stole 'at least 5 figures' in secret 11-month fraud scheme

Sanford Police Chief: Ex-officer allegedly stole 'at least 5 figures' in secret 11-month fraud scheme

Anna Kepner: Custody hearing sheds light on family tensions after teen’s cruise ship death

Anna Kepner: Custody hearing sheds light on family tensions after teen’s cruise ship death

Who is Debra Newton? Florida mom arrested for kidnapping daughter 40 years later

Who is Debra Newton? Florida mom arrested for kidnapping daughter 40 years later

Ex-Sanford officer, Ronny Neal, linked to over $12K payout in alleged fraud scheme: court documents

Ex-Sanford officer, Ronny Neal, linked to over $12K payout in alleged fraud scheme: court documents

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