ECONOMICS NEWS

Coquina Beach Cafe reopens after being closed for months following Helen and Milton
The Coquina Beach Café is open from 9 a.m. to 4 p.m., seven days a week.

Source: Julia Hazel
Thursday, Jan 30 2025

U.S. economy grew solid 2.3% from October to December, 2.8% for full year 2024
The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.

Source: Associated Press
Thursday, Jan 30 2025

Fewer Americans apply for jobless benefits last week as labor market shows continued strength
The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong

Source: Associated Press
Thursday, Jan 30 2025

Ohio's Dave Yost among 19 attorneys general pushing Costco to ditch DEI efforts
Costco shareholders rejected a proposal to review its DEI policies, standing its ground.

Source: Lydia Taylor
Thursday, Jan 30 2025

Trump tariffs worry lobster fishermen in Maine and Canada
Industry leaders discuss issues facing lobstering industry at the annual US-Canada Lobster Town Meeting in Bar Harbor.

Source: David Ledford
Thursday, Jan 30 2025

With headquarters closing, 2024 Master Lock plant closure still looms large
Residents say the neighborhood is still feeling the impact of the 2024 factory closure.

Source: Ryan Burk
Thursday, Jan 30 2025

Amazon helps drivers prep for ice and snow
It wasn't easy delivering packages in a major snow storm in Cincinnati.

Source: Alese Underwood
Thursday, Jan 30 2025

Independently funded jet's sound barrier mark revives talk of commercial supersonic travel
Boom Supersonic plans to build its jets in North Carolina.

Source: Associated Press
Wednesday, Jan 29 2025

What job cuts in Wisconsin could signal about Kohl's future
Retailer cutting corporate positions and closing stores.

Source: Jason Fechner
Wednesday, Jan 29 2025

New Smyrna Beach city commission approves second extension of Venetian Bay development moratorium
The building moratorium will last until July 22, 2025, unless automatically terminated by St. Johns River Water Management District permit compliance.

Source: Massiel Leyva
Wednesday, Jan 29 2025

Awaiting state fix and paying the price, N.Y. farmers push for changes to overtime tax credit law
Gov. Kathy Hochul vetoed a bill that would include all farms, and tasked two state agencies to draft new language.

Source: Emily Kenny, Report for America corps member
Wednesday, Jan 29 2025

Wall Street slips after the Fed keeps interest rates steady
Nvidia sank again to continue its shaky week after DeepSeek upended the AI industry.

Source: Associated Press
Wednesday, Jan 29 2025

HSN to move operations from St. Petersburg to Pennsylvania
Qurate Retail Group, the parent company of the longtime shopping network, made the announcement Wednesday.

Source: Spectrum News Staff
Wednesday, Jan 29 2025

Fed hold rates steady, says job market is 'solid' while inflation 'remains somewhat elevated'
Fed Chair Jerome Powell has said it is harder to gauge where inflation is headed, in part because of questions about Trump's policies.

Source: Associated Press
Wednesday, Jan 29 2025

OpenAI says DeepSeek may have used its tech to train chatbot
The Chinese AI startup DeepSeek rattled global financial markets this week with an inexpensive yet highly competent chatbot.

Source: Susan Carpenter
Wednesday, Jan 29 2025

Logistics company Air General to shut down one Charlotte location, layoff 99 employees
Ninety-nine employees face job losses; 61 are warehouse workers, and the rest are administrative staff.

Source: Daniel Gray
Wednesday, Jan 29 2025

DeepSeek has rattled the AI industry. Here's a quick look at other Chinese AI models
The Chinese artificial intelligence firm DeepSeek has rattled markets with claims its latest AI model performs on a par with those of OpenAI, despite using less advanced but more energy-efficient computer chips

Source: Associated Press
Wednesday, Jan 29 2025

GE Vernova committing $96 million to Niskayuna research center
The company expects 75 jobs to be created.

Source: Noah Love
Wednesday, Jan 29 2025

For the second year in a row, Northwoods businesses struggle with lower-than-average snowfall
The unusual winter is affecting those that rely on winter travel for a portion of their annual income.

Source: Nathan Phelps
Wednesday, Jan 29 2025

Last-minute contribution leads to approval of Miramar Resort boutique hotel
It will be the first new hotel space in St. Pete Beach in more than a decade.

Source: Josh Rojas
Wednesday, Jan 29 2025

LA city to host Wildfire Job Loss Orientations
The Economic and Workforce Development Department will host Wildfire Job Loss Orientations Monday to Friday 10 a.m. to 6 p.m. and Saturdays at 10 a.m.

Source: City News Service
Tuesday, Jan 28 2025

Kroger denies reports of in-store facial recognition devices
One expert warned the technology could be problematic.

Source: Tyler O'Neill
Tuesday, Jan 28 2025

Kohl's reduces corporate staff by 10%
More than half of the job reductions were achieved by closing open positions, the spokesperson explained.

Source: Aly Prouty
Tuesday, Jan 28 2025

As small businesses face fire devastation and try to get back on their feet, a variety of aid exists
Applications for disaster aid are still available on the Small Business Administration website.

Source: Associated Press
Tuesday, Jan 28 2025

Now Hiring: Madison's Smart Cleaning Solutions expands, offers unique opportunities
Smart Cleaning Solutions, founded by James Sutton, has grown into a leading commercial cleaning company in Madison.

Source: Kathryn Larson
Tuesday, Jan 28 2025

State comptroller's office to audit Western Regional OTB
The audit could review the last three to five years of financial operations, including internal controls.

Source: Spectrum News Staff, Keegan Trunick
Tuesday, Jan 28 2025

FDA upgrades recall severity of salmon sold at Florida Costcos
The U.S. Food and Drug Administration has upgraded a recall over smoked salmon sold at Costco locations in Florida.

Source: Spectrum News Staff
Tuesday, Jan 28 2025

U.S. consumer confidence dips again to start the year, according to business group
The Conference Board reported that its consumer confidence index retreated this month to 104.1, from 109.5 in December.

Source: Associated Press
Tuesday, Jan 28 2025

Egg prices are soaring. Don't expect that to change anytime soon
It looks like grocery shoppers hoping for soaring egg prices to turn around are likely to be waiting a while

Source: Associated Press
Tuesday, Jan 28 2025

Coke jumps on a nostalgic trend with new Coca-Cola Orange Cream flavor
Coca-Cola Orange Cream is scheduled to go on sale Feb. 10 in the United States and Canada.

Source: Associated Press
Tuesday, Jan 28 2025

What is DeepSeek, the Chinese AI company upending the stock market?
It's fueling debates over the economic and geopolitical competition between the U.S. and China in developing AI technology.

Source: Associated Press
Tuesday, Jan 28 2025

At least 11 Baltic cables have been damaged in 15 months, prompting NATO to up its guard
NATO is deploying eyes in the sky and on the Baltic Sea to protect cables and pipelines that stitch together the nine countries with shores on Baltic waters

Source: Associated Press
Tuesday, Jan 28 2025

Workers at a Whole Foods Market in Philadelphia become the 1st to unionize
Workers at a Whole Foods Market in Pennsylvania have voted to unionize, becoming the first group of employees to pull off a labor win at the Amazon-owned grocery store chain

Source: Associated Press
Monday, Jan 27 2025

Hurricane debris cleanup at Albert Whitted Airport begins
The airport debris cleanup is expected to be complete before the Grand Prix.

Source: Josh Rojas
Monday, Jan 27 2025

California considers letting victims of natural disasters sue oil companies for damages
California is considering a bill that would allow insurers and victims of climate-driven natural disasters to sue the oil industry for damages

Source: Associated Press
Monday, Jan 27 2025

Schumer calls for federal government to manage bird flu as egg prices rise
The price of eggs continues to surge in grocery stores across New York and the country due to a large bird flu outbreak.

Source: Ryan Whalen
Monday, Jan 27 2025

Louisville seeks community input for Belvedere upgrades
The city has secured millions to revitalize the park, and Mayor Craig Greenberg is asking residents what should go into upgrades.

Source: Jonathon Gregg
Monday, Jan 27 2025

Proposed Florida legislation would aid businesses affected by construction projects
Two bills have been filed that would provide financial assistance to business owners directly affected in construction zones.

Source: Randy Rauch
Monday, Jan 27 2025

Sarasota farm escapes cold snap with few setbacks
Jessica's Organic Farm uses special blankets to protect nearly two acres.

Source: Julia Hazel
Monday, Jan 27 2025

Customers avoid 'eggflation' by shopping local at the Oshkosh Food Co-op
The USDA said bird flu has killed over 17 million egg-laying hens in November and December.

Source: Rhonda Foxx
Monday, Jan 27 2025

Albany County enacts 90-day moratorium on landspreading biosolids
Following an EPA announcement acknowledging the health risks associated with land application of biosolids, Albany County puts up a moratorium.

Source: Emily Kenny, Report for America corps member
Monday, Jan 27 2025

New York state parks saw record attendance in 2024
Parks’ centennial, eclipse-viewing gatherings and governor’s free swimming initiatives contributed to 12th consecutive year of increased attendance.

Source: Noah Love
Monday, Jan 27 2025

Tech stocks tank as a Chinese competitor threatens to upend the AI frenzy; Nvidia sinks nearly 17%
DeepSeek said it had developed a large language model that can compete with U.S. giants at a fraction of the cost.

Source: Associated Press
Monday, Jan 27 2025

Coke jumps on a nostalgic trend with new Coca-Cola Orange Cream flavor
Coke is adding a new flavor to its lineup

Source: Associated Press
Monday, Jan 27 2025

Tax season officially opens with a few changes for filers
The deadline without extension is April 15.

Source: Mark Goshgarian
Monday, Jan 27 2025

Special Report: Sewage sludge ‘poisoned’ drinking wells in Steuben County, neighbors say
"Forever chemicals" have been found in drinking wells, streams and ponds by a 2,800-acre property that used sewage sludge as fertilizer for decades.

Source: Seth Voorhees, Emily Kenny, Report for America corps member
Monday, Jan 27 2025

Experts pushing to solve sludge's complex PFAS problem
Researchers race to learn more about these "forever chemicals."

Source: Seth Voorhees, Emily Kenny, Report for America corps member
Monday, Jan 27 2025

5 takeaways from the Spectrum News 1 sewage sludge investigation
Over the past five months, we investigated the use of sewage sludge on farmland, efforts to ban it and links to “forever chemicals.”

Source: Seth Voorhees, Luke Parsnow, Emily Kenny, Report for America corps member
Monday, Jan 27 2025

PFAS and you: How ‘forever chemicals’ impact your health
Chemicals used for non-stick pans, clothing, cleaning products and more are now showing up in the environment.

Source: Seth Voorhees, Emily Kenny, Report for America corps member
Monday, Jan 27 2025

'Don't spread on me': Steuben County neighbors clamor for a ban on spreading sewage sludge
When a large waste management company acquired 2,800 acres of farmland in Steuben County, it set off a David vs. Goliath battle against sludge.

Source: Seth Voorhees, Emily Kenny, Report for America corps member
Monday, Jan 27 2025

Sludge spreading debate raises liability concerns, fertilizer questions for farmers
Farmers were told by state and federal leaders for decades it was safe to spread sewage sludge but they are now are seeing consequences.

Source: Seth Voorhees, Emily Kenny, Report for America corps member
Monday, Jan 27 2025

'Suffering the consequences': Why Maine banned sewage sludge spreading and how farmers are adjusting
In 2022, Maine became the first state in the nation to ban the spreading of sewage sludge on farm fields.

Source: Seth Voorhees
Monday, Jan 27 2025

Real estate demands soar as displaced buyers search for homes
The average home value is $876,490 in Los Angeles County, according to Zillow. But it might be a lot higher now after the fires.

Source: Zarina Khairzada
Monday, Jan 27 2025

Investor seeks to quash U.S. Steel-Nippon deal after taking stake in U.S. steelmaker
Nippon Steel and U.S. Steel filed a federal lawsuit challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition.

Source: Associated Press
Monday, Jan 27 2025

US stock futures sink as investors weigh China challenge to US dominance in AI. Nvidia drops 12%
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top versions from OpenAI and Google for a fraction of the cost

Source: Associated Press
Monday, Jan 27 2025

Northern Kentucky business owners discuss challenges of inflation
Kentucky has more than 300,000 small businesses, according to a 2023 U.S Small Business Administration report.

Source: Ryan Hayes-Owens
Monday, Jan 27 2025

Starbucks workers at Sunset and La Brea vote to unionize
The workers voted 13-1 on Friday night to join Starbucks Workers United, according to the union.

Source: City News Service
Saturday, Jan 25 2025

Freighter remains stuck in the ice on a frozen Lake Erie
The U.S. and Canadian Coast Guards are continuing efforts to break up ice and free a freighter that has been trapped in a frozen Lake Erie for days, officials said

Source: Associated Press
Saturday, Jan 25 2025

Kia recalls more than 80,000 U.S. autos due to improper air bag deployment and improper wiring
The recall covers 80,255 2023-2025 Niro EV, Plug-in Hybrid (PHEV) and Hybrid vehicles.

Source: Associated Press
Saturday, Jan 25 2025

Data centers are booming in Texas. What does that mean for the grid?
Texas’ main grid operator predicts power demand will nearly double by 2030.

Source: Associated Press
Saturday, Jan 25 2025

How independent bookstores thrive in a digital world
Independent bookstores are defying digital odds. Discover how these local gems are thriving through community support and personalized experiences.

Source: Corey James
Saturday, Jan 25 2025

Big Tech wants to plug data centers right into power plants. Utilities say it's not fair
Looking for a quick fix for their fast-growing electricity diets, tech giants are increasingly looking to strike deals that would let them plug directly into power plants

Source: Associated Press
Saturday, Jan 25 2025

1881 Club becomes a source of hope for Eaton Fire survivors
It's the longest continuously running bar in Pasadena, according to the city's website.

Source: Zarina Khairzada
Friday, Jan 24 2025

Thousands of Floridans work outside during this week’s cold snap
Workers getting the job done in the cold

Source: Randy Rauch
Friday, Jan 24 2025

Hillsborough man created app to help parents in medical emergencies
Edward Reyes founded ‘Med Legal Safe Keep’ after a medical emergency his father went through.

Source: Lizbeth Gutierrez
Friday, Jan 24 2025

Ariens Nordic Center works to keep snow for cross country skiers, biathlon athletes
Ariens Nordic Center has snow on roughly four kilometers of trail.

Source: Nathan Phelps
Friday, Jan 24 2025

Restoration company helping Eaton Fire victims clean up properties
Servicemaster Restore has been helping Altadena residents clean up their properties after the Eaton Fire left behind ash, debris and destruction.

Source: Shellye Leggett
Friday, Jan 24 2025

Consumer sentiment fell 4% in January, survey finds
It's the first decline in the University of Michigan Surveys of Consumers in six months.

Source: Susan Carpenter
Friday, Jan 24 2025

Why New York plans to double sewage sludge spreading as EPA issues health risk
As New York looks to increase the spreading of biosolids on farmland, the EPA is warning the practice could have major health implications.

Source: Seth Voorhees, Emily Kenny, Report for America corps member
Friday, Jan 24 2025

‘Confusingly similar’: Buc-ee’s sues North Texas gas station over animal logo
Buc-ee's said the Super Fuels logo of a dog in a superhero cape resembles the Buc-ee's beaver.

Source: Christine Sanchez
Friday, Jan 24 2025

Ohio's unemployment rate increased in December
Ohio also saw an increase in unemployed workers with 258,000 in December, compared to November's 255,000.

Source: Madison MacArthur
Friday, Jan 24 2025

TikTok’s uncertain future leaves users, businesses, influencers bracing for impact
With a 75-day extension granted, TikTok remains in limbo, and creators are diversifying to other platforms to safeguard their futures.

Source: Sergio Cruel
Friday, Jan 24 2025

Buc-ee's is coming to Oak Creek
It's the second announced location in Wisconsin, with the first being in DeForest, though that project has been delayed.

Source: Haley Kosik
Friday, Jan 24 2025

In wake of brief Social Security office closure, Ryan calls for alternate service option
The Poughkeepsie office on Main Street will be temporarily closed due to renovations.

Source: Spectrum News Staff
Friday, Jan 24 2025

State approves drought-relief aid
$10 million will used to assist farmers who faced drought conditions in 2024.

Source: Chuck Ringwalt
Friday, Jan 24 2025

'Nothing feels like work': Mandala artist turns passion into business
Christina Destrampe has grown Milwaukee Mandalas from an idea into a business.

Source: Ryan Burk
Friday, Jan 24 2025

State banks and credit unions offer mortgage relief for fire survivors
Homeowners will have a 90-day forbearance on their mortgage payments, without reporting these payments to credit reporting agencies.

Source: City News Service
Thursday, Jan 23 2025

Master Lock headquarters leaving Wisconsin
City of Oak Creek officials said they are saddened with this decision, but said it was out of their control.

Source: Haley Kosik
Thursday, Jan 23 2025

Central Florida Commuter Rail Commission board members discuss 2025 goals for SunRail
The SunRail system currently operates over 61 miles, with 17 stations through Volusia, Seminole, Orange, and Osceola counties.

Source: Massiel Leyva
Thursday, Jan 23 2025

President Trump's executive order ignites concern over Brent Spence Bridge Project
Local leaders said they have concerns on the order affecting the funding needed to complete the project.

Source: Ryan Hayes-Owens
Thursday, Jan 23 2025

Trump goes after EV mandates, other environmental measures on Day 1 in office
As the LA region continues to burn, President Trump targets environmental safeguards to undo climate progress.

Source: Sarah Pilla
Thursday, Jan 23 2025

LA County launches business-to-business space share program
Businesses that were displaced by the SoCal wildfires could find a temporary workspace through a new program, county officials announced.

Source: City News Service
Thursday, Jan 23 2025

‘We can do our part to be a listening ear’: How tattoo shops are providing lifesaving conversations
Walker’s Point Tattoo Company recently participated in a MCW study exploring the role of artists and suicide prevention.

Source: Abbey Taylor
Thursday, Jan 23 2025

USPS addresses recent mail delivery delays
The commonwealth saw two winter storms sweep through the region earlier this month, bringing heavy snow and ice.

Source: Connor N. Smith
Thursday, Jan 23 2025

Purdue Pharma, owners to pay $7.4 billion in settlement to lawsuits over the toll of OxyContin
The deal announced Thursday represents an increase of more than $1 billion over a previous settlement deal.

Source: Associated Press
Thursday, Jan 23 2025

More Americans filed for unemployment benefits last week, continuing claims highest in 3 years
Applications for jobless benefits rose by 6,000 to 223,000 for the week ending Jan. 18.

Source: Associated Press
Thursday, Jan 23 2025

DEC to hold virtual public meeting Thursday on air quality enforcement at Niagara Falls Goodyear plant
This comes after calls for a Goodyear plant to contain toxic pollutants.

Source: Spectrum News Staff
Thursday, Jan 23 2025

Ohio sees rise in continued unemployment claims, drop in initial filings
For the week of Jan. 12 through Jan. 17, in total, Ohio saw 83,306 unemployment claims filed.

Source: Madison MacArthur
Thursday, Jan 23 2025

Behind the scenes with a USPS postal inspector in honor of major anniversary
The oldest federal law enforcement agency is celebrating its 250th birthday this year.

Source: Breanna Fuss
Thursday, Jan 23 2025

Deer District to add development with new apartments, MATC athletic facility
Construction on the new project will begin this summer and is estimated to take 18 months.

Source: Abbey Taylor
Thursday, Jan 23 2025

Tourism groups across Kentucky receive $2 million in funding
The organizations will use the funding toward marketing.

Source: Geraldine Torrellas
Thursday, Jan 23 2025

East Tampa industrial district set be transformed with new business hub and housing
Construction is set to begin by the fall of 2027.

Source: Fadia Patterson
Wednesday, Jan 22 2025

Jason Momoa is trying to disrupt the plastic bottled water industry
The Aquaman actor’s water company is championing an on-site, aluminum bottling system.

Source: Michelle Broder Van Dyke
Wednesday, Jan 22 2025

Las Vegas hotel workers union reaches deal with casino to end longest strike in decades
The longest strike in decades by Las Vegas hotel workers has come to an end

Source: Associated Press
Wednesday, Jan 22 2025

Orange County launches financial counseling initiative with Habitat for Humanity
The initiative is thanks to a $300,000 grant from the Cities For Financial Empowerment Fund.

Source: Maria Serrano
Wednesday, Jan 22 2025

Samsung aims to turn its next generation of Galaxy smartphones into AI companions
Samsung is injecting another dose of artificial intelligence into the next version of its Galaxy smartphones, escalating an effort to simplify people’s lives while deepening their dependence on a device that accompanies them almost everywhere

Source: Associated Press
Wednesday, Jan 22 2025

Clearwater Beach businesses eager for upcoming spring break
Spring Break is usually the busiest time of year for our coastal communities, especially at the popular Clearwater Beach.

Source: Nick Popham
Wednesday, Jan 22 2025

Amazon to close 7 warehouses in the Canadian province of Quebec and eliminate 1,700 jobs
Amazon says it's closing all seven of its warehouses in the Canadian province of Quebec over the next two months

Source: Associated Press
Wednesday, Jan 22 2025

Melbourne leaders consider metered parking spaces in downtown management plan
Officials say the plan could include paid parking meters.

Source: Greg Pallone
Wednesday, Jan 22 2025

James Beard Awards names 15 N.C. semifinalists. Here are the bars, chefs and restaurants that made the list.
The 2025 James Beard Awards have named 15 North Carolina chefs, bars and restaurants as semifinalists for this years' ceremony.

Source: Malea Mull
Wednesday, Jan 22 2025