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Foreclosure rates are on the rise in The Sunshine State. In a US Foreclosure Market Report from Attom, roughly 1-in-2500 Florida homes have a foreclosure filing, a 5% increase from last year.
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As they consider a proposed settlement that would increase Florida Power & Light's base electric rates, state regulators will not take up a "counter proposal" offered by opponents.Florida Public Service Commission Chairman Mike La Rosa on Friday issued an order dismissing a competing settlement proposal filed by the state Office of Public Counsel — which is designated by law to represent utility customers — and some consumer groups.
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Right now our public debt is about 97% of our GDP. The last time we had a ratio that high was around World War II. A key number that economists are focused on right now is how much interest the U.S. Government is paying to manage the national debt. Right now, we’re paying almost $1 trillion dollars per year in interest. That is more than we spend on the military budget and almost as much as we spend on healthcare, including Medicare and Medicaid, every year. So, in order to get an overview of how the U.S. national debt works, how the government borrows money to service the debt or even pay it back, how we’ve found ourselves in a place with such a high debt to GDPT ratio, and how concerned we all should be, we talk with the author of a recent piece in The Journalist’s Resource titled “The national debt: How and why the US government borrows money.”
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High winds and rising waters can be dangerous for any structure during a hurricane, like a construction site. A site under development can go from a safety hazard to a storm assisted combat zone.
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A new poll finds the vast majority of U.S. adults are feeling some stress about the cost of groceries, as prices continue to rise and concerns about the impact of President Donald Trump's tariffs remain widespread. Only 14% say it's not a source of stress, underscoring the pervasive anxiety most Americans continue to feel about the cost of everyday essentials. The Associated Press-NORC Center for Public Affairs Research survey finds about 4 in 10 Americans under age 45 say they've used what are known as "buy now, pay later" services to make small purchases on entertainment or restaurant meals or to pay for essentials like groceries or medical care.
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Non-farm jobs took a slight uptick over the 12-month period ending in June in the Cape Coral-Fort Myers area. During that time, jobs increased by .7 percent. But that lags behind national and state increases of 1.1 percent and 1.4 percent respectively, according to data released by the federal Bureau of Labor Statistics.
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Charlotte County business owners and entrepreneurs can take advantage of free, one-on-one consulting sessions hosted by Florida Gulf Coast University’s Florida Small Business Development Center.
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U.S. hiring is slowing sharply as President Donald Trump's erratic and radical trade policies paralyze businesses and raise doubts about the outlook for the world's largest economy. The Labor Department reported Friday that U.S. employers added just 73,000 jobs last month, well short of the 115,000 forecasters had expected. Worse, revisions shaved a stunning 258,000 jobs off May and June payrolls. And the unemployment rate ticked up to 4.2%. Scott Anderson, the chief U.S. economist at BMO Capital Markets, said that a "notable deterioration in U.S. labor market conditions appears to be underway."
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Outside of The Sunshine State, The Crypto Crisis has drawn the attention of the cyber security teams at the Federal Bureau of Investigation.
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