US unemployment claims rise to 419,000 from a pandemic low
The number of jobless claims increased last week to 419,000, the most in two months, from a pandemic low of 368,000 during the previous week.
IRS stimulus checks: Petition for additional $2,000 monthly payments nears 3 million
A Change.org petition calling on Congress to send additional $2,000 monthly economic stimulus checks to U.S. families is nearing its goal of three million signatures.
Canada border changes could help Florida tourism
State economists expressed optimism Tuesday that already-rebounding tourism numbers will see a quicker-than-anticipated boost from international travelers as Canada eases COVID-19 border restrictions.
Stocks plunge over delta variant fears; Biden seeks to reassure over economy
Fears of the spreading delta variant of the coronavirus prompted a slide in stocks on Monday. Airlines, hotels, cruise ships, and other tourism-based companies had some of the biggest stock losses.
COVID-19 pandemic recession ended in April 2020, shortest on record
The recession that broke out with the onset of the coronavirus pandemic lasted just two months, officially ended in April 2020. That makes it the shortest downturn on record, according to the committee of economists that determines when recessions begin and end.
Disney Dream returns to Port Canaveral after first test cruise
The Disney Dream’s return comes as a panel ruled to temporarily keep CDC COVID-19 pandemic restrictions on Florida-based cruise ships in place.
Economic recovery from pandemic will have ups and downs, Biden says
Amid rising consumer costs as the US rebounds from the COVID-19 pandemic, President Biden assured Americans Monday that the inflation is short-term.
DeSantis says Florida will fight appeals court ruling in cruise ship case
Florida Gov. Ron DeSantis said Monday the state likely will ask a full federal appeals court to reimpose a preliminary injunction that would block restrictions on the cruise-ship industry during the COVID-19 pandemic.
Court blocks order lifting CDC coronavirus rules on cruise ships
Late Saturday, a panel from the 11th Circuit Court voted 2-1 to stay a judge's original decision to block the CDC's COVID regulations for cruise ships.
Report: Full-time minimum wage workers can only afford rent in 7% of US counties
A recent report from the National Low Income Housing Coalition found that full-time minimum-wage workers can’t afford rent in most areas of the U.S.
Central Florida residents need to earn at least $25.40 an hour to afford rent, report says
In the last year, rent in the Orlando market has increased nearly 14%,
Child Tax Credit payments begin hitting bank accounts: What you need to know
Starting Thursday, qualifying American families could see at least $250 extra in their bank accounts for every child in the home. That money is set to be deposited each month over six months.
Summer travel, economic recovery driving up gas prices
Drivers are facing pricier fill-ups as more people hit the road for work, travel and other activities that the virus pandemic halted. Higher demand for gasoline is running up against lagging supply as the energy industry slowly ramps up after more than a year of production and staff cuts.
American unemployment claims fall to 360,000, another pandemic low
The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.
Child tax credit payments to go out this week: What to know
At least 39 million families will receive the monthly payments, the Treasury Department said.
Senate Democrats reach $3.5 trillion budget agreement
Senate Democrats say that they have reached a budget agreement among themselves that envisions spending an enormous $3.5 trillion over the coming decade.
McDonald’s to bolster free child care, paid tuition to entice workers
McDonald’s plans to invest millions more into new and already-existing programs to allow its franchisees to entice new employees and retain current workers.
Child tax credit: First payments go out July 15
The IRS said that the first payments from the expanded child tax credit signed into law with President Joe Biden’s $1.9 trillion coronavirus relief package will begin hitting families’ bank accounts on July 15.
Gov. DeSantis announces over $30 million in grants for rural, small Florida communities
Governor Ron DeSantis announced on Monday that the Florida Department of Economic Opportunity (DEO) and Enterprise Florida Inc. (EFI) have awarded several grants totaling more than $30 million to improve infrastructure, community redevelopment, and job creation in small and rural Florida communities.
Consumer prices saw largest inflation spike in June since 2008
Consumer prices in June rose 0.9% from May and 5.4% over the past year — the sharpest 12-month inflation spike since June 2008.