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Stan Choe, AP Business Writer NEW YORK (AP) – Most US stocks fell Tuesday after the latest inflation updates hurt Wall Street’s hopes for low interest rates. The S&P 500 fell 0.4%, but last week it is still close to the best ever set as 90% of stocks in the index fell. The Dow Jones industrial average fell 436 points, or 1%. However, tech stocks are outliers, with Nasdaq’s composite rising 0.2%, setting another record thanks to Nvidia, the most influential stock on the market. The stock felt pressure from reports showing US inflation accelerated to 2.7% last month from…

FORT MYERS, Fla. (WFLA) – There’s never a boring moment for Florida law enforcement. Several Lee County deputies apparently pulled a short straw last week when they were wandering pigs in their Fort Myers neighborhood. Credit: Lee County Sheriff’s Office The Sheriff’s office has released a body camera video of a wild geese, or wild pig chase. “You guys love sending me to these calls,” said one deputy. “I know what you’re watching.” Not bigger than the dog, the pig certainly ran to the deputy for their money. The video timestamps show that it took at least 20 minutes to…

By AP Business Writer Ken Sweet NEW YORK (AP) — Nearly six months after the Trump administration took control of the Consumer Financial Protection Agency, the bureau’s leadership has been largely focusing on removing penalties, fines, fines, fines and fines for businesses during the Biden administration. In some cases, businesses that are supposed to refund or fine customers for unfair or deceptive practices will no longer be the whole customer. Other companies facing alleged fraud in deceptive practices had their lawsuits fallen early in the Trump administration. Here are some of the Trump administration’s rollbacks: Navy Federal Credit Union The…

Nearly 50 years ago, a partial meltdown on the three-mile island forced Gene Stillp into an activist life. Starting in March at Capitol in 1979, he organized appearances with 65,000 demonstrators and by Joni Mitchell, Jackson Brown and Graham Nash. At 75, Stilp is still among them. Now, a deal with Microsoft is protesting Baltimore-based Constellation’s plans to reopen nuclear reactors at Harrisburg-area power plants that are not involved in the accident. After living nearby for decades, Stilp began to stop TMI restarts last fall. The group has approximately 32 members. “We’re two generations away from the accident that took…

TAMPA, Fla. (WFLA) – Hillsboro County leaders will hold a meeting Tuesday evening to confirm post-disaster recovery plans. Leaders said the goal of the plan is to create a stronger community to move forward after the crisis. This is all part of a larger community plan, and the county wants to hear when residents explain the details. It has been 15 years since Hillsboro County last developed its post-disaster redevelopment plan, and in the meantime, massive growth has changed the game. The county said it means more people and homes will experience more damage during the storm. They now want…

In the political landscape of education, the phrase “ejecting swamps” resonates with those committed to eradicating the corrosive effects of chronism and inefficiency from government agencies. President Trump’s administration began with a promise to remove corruption and special interests, but the appointment of Penny Schwin as assistant secretary for education raises serious concerns. Conservatives have expressed strong opposition to her confirmation, based on countless controversial decisions and connections that question her qualifications for such a pivotal role.Penny Schwin’s background is not merely a story of educational ambitions, but rather intricately woven into the connections between controversial figures and initiatives. Her…

The 14 Polk County residents have been charged with federal charges relating to drug trafficking and firearms crimes, state lawyer Gregory W. Keho announced Monday. The indictment alleges that individuals are part of a conspiracy to distribute large quantities of fentanyl, methamphetamine, cocaine and ecstasy. If convicted, each defendant faces the largest life sentence in federal prison. Here’s what’s charged: Curtis Charles Tinsley, 47, Lakeland Tyler Anthony Devanney, 32, Winterhaven Alvin Antonio Burns III, 47, Lakeland Tonyo Cortez Evans, 39, Lakeland Lamar Anthony Hamilton, 43, Lakeland Albert Lewis III, 48, Lakeland Tel Leon Pratt, 39 Kenji Antwina Miller, 38, Lakeland…

Christopher Lugerber and Josh Balk, AP author WASHINGTON (AP) – Inflation rose to its highest level last month since February as President Donald Trump’s drastic tariffs pushed up everything from food and clothing to furniture and appliances. Consumer prices rose 2.7% in June last year, the Labor Bureau said Tuesday, up from a 2.4% annual increase in May. Monthly, prices rose 0.3% from May to June after only 0.1% in the previous month. Aggravating inflation presents a political challenge for Trump, who has promised to cut costs as a candidate, but instead engages in the tariff frenzy that has rocked…

JACKSONVILLE, Fla. (WFLA) — The Jacksonville Sheriff’s Office says a music teacher who worked at multiple Duval County schools was arrested last week and charged with abuse. Greg Gafford, 42, was charged in two separate cases, one in 2011 and one in 2023, apart. Gafford reported that while working at St. Matthew Catholic School in 2023, the JSO said the child sought them in the after-school club. In 2011, while working at Normandy Village Elementary School, another child accused him of sexual abuse. It is unclear whether the charges were investigated at the time or whether the investigation took place.…

Anna Helhosky, Neldwallet The GOP-led Congress is walking the political tightrope by rolling out key provisions in Trump’s “one big, beautiful” bill passed last week. With next year’s midterm approaching, strategic timing is everything. Households (and businesses) will begin in 2025, but most social programs will be delayed until 2028. This is a summary of when the budget clause that can most impact your household begins. Tax reductions and incentives Extending the 2017 marginal tax rate: Trump’s 2017 tax cuts for individuals and businesses were set to expire at the end of the year, but now it’s permanent and quickly…