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AP Business Writer Alex Veiga The average US mortgage rate for 30 years has risen for the second consecutive week. This is another setback in the US housing market. Mortgage buyer Freddie Mac said Thursday that long-term fees reached 6.75% to 6.75%, from 6.72% to 6.75%. A year ago, the price averaged 6.77%. The borrowing costs for 15-year fixed-rate mortgages, which are popular for homeowners to refinance their mortgage, have also risen. The average rate rose to 5.92% from 5.86% last week. A year ago, that was 6.05%, Freddie Mac said. When mortgage fees rise, you can add hundreds of…
TAMPA, Fla. (WFLA) – The Centers for Disease Control and Prevention is investigating the outbreak of salmonella across 10 states, including Florida. According to the CDC Alert, Chetak LLC group, including Kissimmee’s Chetak Orlando, recalls deep-branded frozen moon beans and moss (matt) beans due to the possibility of salmonella contamination on July 16th. A Polk County teen was killed in an e-bike crash. Mothers and doctors urge safety precautions This includes: 16 oz deep brand germination mat (MOTH). Package with the following code printed on the back of the bag: lot code: 24330, 25072, 25108, 24353, 25171, 24297, 25058, 25078,…
(KTLA) – Florida surrogate says she felt neglected and essentially abandoned after the child she carried for the California couple failed to survive. “I think the thing that hurts me the most is feeling like the baby was abandoned, and so was me,” said Perla, 31, in an interview with Nexstar’s KTLA. Perla said 38-year-old Sylvia Chang and 65-year-old Guojun Shuan of Arcadia, California, only had one child and was told they wanted a sibling because of infertility issues. She later discovered that she was one of several women who had similar stories told. So far, six women have moved…
Stephen Groves, Associated Press WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell has won some key support from Capitol Hill from GOP senators when President Donald Trump chases threats to eliminate politically independent central bankers. It appears Trump has spoken this week to try to reject the Fed’s chairman, and some Republicans in Congress have begun warning that such a move is wrong. If Trump fires Powell, the Fed could eliminate independence from political influence and inject uncertainty into the foundations of the US economy. “If anyone thinks it’s a good idea to have the Fed become another agency of…
Anne D’Hynenzio from Apsociate Press Business Writer WASHINGTON (AP) — Consumers won spending in June after an early pullback despite fears over tariffs and the state of the US economy. Retail sales rose 0.6% more than expected in June, the Commerce Department said Thursday after a second consecutive month of spending declines, a 0.1% pullback in April and a 0.9% slowdown in May. At the beginning of the year, strong retail sales were driven by car sales as Americans tried to preempt President Donald Trump’s 25% obligations on imported cars and auto parts. File – Shoppers will leave Macy’s in…
Associated Press Business Writer Matt Ott WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell to a low in three months last week. The Labor Bureau reported Thursday that unemployment claims for the week ending July 12 have declined from 7,000 to 221,000, with a fifth consecutive weekly decline and the lowest decline since mid-April. Last week’s numbers were lower than analysts predicted 232,000. An application for unemployment assistance is considered representative of the layoff. Earlier this month, the Labor Bureau reported that U.S. employers added an astounding 147,000 jobs in June, adding evidence that the US…
Over the past two months, the Everglades Foundation has raised concerns about the proposed Southland Water Resources Project. It is an 8,000-acre rock mine directly adjacent to the Everglades Agricultural Area (EAA) Reservoir, the heart of the Everglades restoration. Now this is attracting attention from the US Army Corps of Engineers. In a letter dated July 2, 2025 to US Representative Brian Mast, the Corps outlines several potential risks associated with the Southland Project. This letter responds to an investigation from Congressman Mast, reflects many of the same issues raised previously by Dr. Steve Davis, Chief Science Officer of the…
The looks can certainly be deceived. From the outside, this barn-style home in Lake Mary Jane is not particularly special. Next, enter through the double front door and find yourself in a stylish, quiet hideaway. As you continue walking towards the lake, you will find yourself on an outdoor oasis and undoubtedly Orlando’s biggest back porch. According to a report by GrowthSpotter, the 35-year-old home has earned a 3,512-square-foot and a 4,000-square-foot screen-in party pouch indoors. With a considerable amount of pouch added, the outdoor living space in the home is now more than the amount of interior space. (Photo…
At this year’s legislative conference, the James Madison Institute (JMI) defended several issues addressing tax cuts to improve school choices. Their latest “2025 Legislation Summary” focuses on several key issues that have not attracted media attention. Technology and Innovation Centre It is labelled digital security and innovation by highlighting the flaws of the law that requires AI-generated content. This mission would have created important technical and compliance challenges for smaller Florida businesses, while protecting more well-established businesses. He defended consumer data privacy by educating lawmakers about the dangers of the “Right to Repair” Act. Specifically, the law would create potential…
LEGOLAND Florida is seeking this world-famous atmosphere for an indoor roller coaster currently under construction at a Winter Haven theme park. The name of the ride has not been announced yet, but LEGOLAND officials are hoping to open in early 2026. This week, the park released a rendering of the exterior of the building and shared details about the attraction. “This is one of our more unique attractions in that it doesn’t focus on any particular product,” said Blakevoiter, senior project manager at Merlin Magic Making, the creative arm of the owner Merlin Entertainment Group. He said the project is…