Author: admin

Michelle Chapman, AP Business Writer Dick’s sporting goods are buying the struggling shoe chain foot locker for around $2.4 billion, the second acquisition of a major footwear company in a few weeks, just as business leaders are wrestling with uncertainty over US President Donald Trump’s tariffs. Dick said Thursday that he hopes to operate foot lockers as a standalone unit and maintain foot locker brands such as children’s foot lockers, Champion Sports, WSS and Japanese sneaker brand Atmos. “Sports and sports culture remains extremely strong and with this acquisition we will create a new global platform that will deliver evolving…

Read More

TALHASSEE, Fla. (WFLA) – A new report from Redfin shows that rising costs and rising economic uncertainty have led to more potential home buyers receding. The governor wants to provide financial relief by eliminating or reducing property taxes, but state lawmakers and local leaders disagree with some of his proposals. House members met for the second time at the Capitol after talking to local leaders about property taxes to their hometown districts. Lawmakers invited Gov. Ron DeSantis himself to join in the conversation at the upcoming committee meeting. However, the governor does not appear to have made that call. “No,…

Read More

“If you’re at a stagflation camp, these data doesn’t check your paper,” said an expert in one market.Wholesale inflation in April recorded its sharpest decline since the onset of the Covid-19 pandemic, indicating that US tariffs have not yet affected consumers.Last month, the Producer Price Index (PPI), a measure of the price of goods and services paid by companies early in the supply chain, fell 0.5% from the upwardly adjusted zero percent recorded in March.Consensus predictions suggested an increase of 0.2%.According to May 15 data released by the Bureau of Labor Statistics, PPI inflation in the annual headline slowed sharply…

Read More

DADE CITY, Fla. (WFLA) — Florida is now the second state in the country to ban fluoride in tap water, following Utah. Gov. Ron DeSantis held a bill signing event in the city of Dade on Thursday. That’s where he created the Florida “Farm Bill” Act, which includes a fluorination ban. “Local governments cannot engage in this fluoride forced drug,” DeSantis said. It was a conversation in the state that last year Florida surgeon General Joseph Radapop picked up steam when he visited local leaders to share his concerns. Some of them were echoed by the governor before he signed…

Read More

AP Business Writer Alex Veiga The average US 30-year mortgage rate has surpassed 6.8% this week, returning to where it was just three weeks ago. Mortgage buyer Freddie Mac said Thursday that the rate rose to 6.81% from 6.76% last week. A year ago, the price averaged 7.02%. The borrowing costs for 15-year fixed-rate mortgages, which are popular for homeowners to refinance their mortgage, have also risen. The average rate reached up to 5.92% from 5.89% last week. It’s down from 6.28% a year ago, Freddie Mac said. Mortgage rates are affected by several factors, including the global demand of…

Read More

Democrats need a moment of “come to Jesus” but refuse to do so.Usually, after a major election defeat, the lost Kuomintang performs a soul-searching analysis of what was wrong and why it happened. So far, Democrats have refused to do this.As a result, Democrats face three extraordinary issues. This is extremely difficult to attempt a political comeback if it is not facing head-on in the 2026 medium-term elections.A common reserve among Democrats as to why they lost last November is that Vice President Kamala Harris only won the campaign 107 days, and voters refused to accept minority women because the…

Read More

The judge held that the court must consider the Fourth Amendment when considering such cases.The Supreme Court unanimously ruled that the mother of a man killed by police during a traffic stop on May 15 could pursue a civil rights lawsuit against the officer who shot him.The country’s Supreme Court found that the US Court of Appeals in the Fifth Circuit misfocused only on the moment when excessive force is used, as opposed to the moment that leads to the use of force.”Today we reject that approach,” Judge Elena Kagan wrote in a 9-0 opinion in the Burns v. Felix…

Read More

By Kelvin Chan LONDON (AP) – European Union regulators accused Tiktok on Thursday of violating digital content rules as they are not transparent enough about the ads shown to users of video sharing apps. Tiktok’s advertising repository has not met the standards required by Bloc’s Digital Services Act, known as the DSA, the EU Executive Committee of 27 countries said in its preliminary findings of the investigation. The committee said AD databases are essential for researchers to detect fraudulent ads, so-called hybrid threat campaigns, coordinated information manipulation and fake ads as well as “include election context.” DSA is a broad…

Read More

Above video: FSU shooting suspect appears in court TALLAHASSEE, Fla. (AP) — The large ju judge charged Florida State University students with murder of two people and murder of six wounded in a mass shooting on campus last month. The released indictment revealed new details Wednesday that 20-year-old Phoenix Echner allegedly carried out the attack that terrified the university and the Florida capital. According to a report from the Associated Press, the ju umpire described the rampage as “the worst nightmare in our community,” but concluded a quick response to shortening the violence. The Great Jury also discovered that the…

Read More

Among all the food and drink holidays celebrated in the Function section, a traditionally celebrated world whiskey day, on the third Saturday of May, it is among those who make the most sense. Because whiskey, which began thousands of years ago, has since become a drink of the world. But where it came from it has been a topic of discussion for quite some time. “Most of us think we are the inventors of whiskey and the Scots have come after us,” says Michael Tierney, assistant general manager at Raglan Road in Disney Springs. Best Japanesy: 2025 Orlando Sentinel Foodie…

Read More