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Paul Wiseman, AP Economics Writer WASHINGTON (AP) — American employers added an astounding 177,000 jobs in April as the job market showed resilience in the face of President Donald Trump’s trade war. Employment fell slightly from the revised 185,000 in March, which surpasses the forecast of economists of 135,000 employment. The Labor Bureau reported Friday that the unemployment rate remains low 4.2%. Trump’s aggressive and unpredictable policies, including massive import taxes, clouded the outlook for the economy and job markets, and raised fears that the US economy was heading towards a recession. Friday’s report shows that employment, one of the…
SANTIAGO, Chile – A 7.4-sized earthquake occurred on Friday from the southern coast of Chile and Argentina, prompting evacuation of Chilean coastlines throughout the Magalan region and halting water activity and navigation in Argentina’s Tierra del Fuego province.No damage or casualties were reported initially.The US Geological Survey said the epicenter of the epicenter was 219 kilometres (173 miles) below the sea, south of the city west of Argentina.Chilean authorities issued evacuation warnings throughout the coastal area of the Magellan Strait, far south of the country.”Due to tsunami alerts, the coastal sector of the Magalan region has been ordered to evacuate…
Kelvin Chan, Associated Press Business Writer LONDON (AP) – European Union Privacy Watchdog fined Tiktok USD 600 million on Friday after a four-year investigation found that users were at risk of spying after video sharing app data was transferred to China. The Irish Data Protection Commission also granted Tiktok that users are not transparent about where their personal data is being sent and ordered the company to comply with the rules within six months. Because the company’s European headquarters is based in Dublin, the Ireland National Watchdog serves as Tiktok’s lead data privacy regulator in 27 countries and EU. “Tiktok…
Fort Lauderdale – It’s time to dance with your familiar enemies. Set for the second postseason showdown, the Florida Panthers will play the Toronto Maple Leafs in the second round of the Stanley Cup playoffs. In the only other playoff battle, the Panthers won five games in Round 2 in 2023. “The similarities with our first round,” coach Paul Maurice said when asked about Toronto’s preparations. “Some high-end, elite skills. Good goaltending and great defensive structure for their team. These things will be similar from the start.” So how did you get back here? Despite starting later than Toronto, the…
TAMPA – The Clearwater businessman, accused of receiving $100 million from the Medical Trust Fund in court records, was found on Friday’s light empty because he has not worked with a bankruptcy lawyer trying to document his finances. Federal bankruptcy judge Roberta Colton ordered Leo Govoni to pay a $5,000 fine every day for not following court orders to provide personal and company financial records. She gave a May 12 deadline and followed suit to ensure compliance before beginning a U.S. District Court criminal comment extension. Govoni also needs to pay legal fees for the time his lawyer has pursued…
Damian J. Troise, AP Business Writer NEW YORK (AP) — Stocks rose in an afternoon trading on Wall Street on Friday following a stronger than expected report on the U.S. job market. The S&P 500 got 1.5% and got the index on track for nine consecutive profits. This marks the longest winning streak in the Benchmark Index in 20 years. The Dow Jones industrial average rose 571 points (1.4%) as of 1:10pm Eastern. Nasdaq Composite rose 1.6%. The profits were wide. Approximately 90% of the stock and all sectors of the S&P 500 are sophisticated. Technology Stock was one of…
“With Your Fourth” became a common way to greet fellow Star Wars fans at the Spacey franchise’s annual celebration on May 4th. What began as a grassroots celebration and clever pun has been transformed into a global holiday to celebrate the Jedith, the Force and everything that George Lucas began with the Star Wars franchise. Below are some suggestions for aspiring Jedi and fans to celebrate Star Wars Day in Orlando. Patrick Connolly / Orlando SentinelInternational Drive Gods and Monsters have comics, Star Wars merchandise and even nerd bars. (Patrick Connolly/Orlando Sentinel) Celebrate with cartoons Orlando Comic Shop and Nerd…
“You are graduating in an exciting time in our country, in a time of extraordinary change and incredible possibilities,” the president says.President Donald Trump addressed the University of Alabama graduates in Tuscaloosa in a nearly hour-long speech that combined humor and motivational themes, with thousands of people receiving approval.”I promise you are the first graduation class of America’s golden age,” Trump said.”You are graduating in both exciting times in our country, both times of extraordinary change and incredible possibilities, and times of incredible growth.”The first opening speech since Trump returned to the White House in his second term will be…
AP Business Writer Alex Veiga LOS ANGELES (AP) – Homeowners are retreating even more out of reach for most Americans as rising mortgage rates and rising prices stretch the limits of what buyers can buy. Home buyers are currently required to make at least $114,000 a year to provide a $431,250 home, according to data released Thursday by Realtor.com. The analysis assumes that home buyers will pay a 20% down payment, covering the remaining funds of their purchases on a 30-year fixed-rate mortgage, and that the buyers’ housing expenses will not exceed 30% of their monthly total income. Based on…
Operation by Doug WheelerThe Florida housing affordability crisis continues to have a negative impact on families and workers, with many Floridians struggling to find achievable housing options. The James Madison Institute (JMI) recent background, “Assessing Florida Local Government Impact Fees: 2024-2025,” reveals how local impact fees and other land use regulations can contribute to this pressing issue. While these fees are intended to ensure that new growth does not burden existing residents, this report highlights how their design and implementation carelessly exacerbate housing affordability issues, particularly for low- and middle-income families.Understanding the impact fees and their resultsImpact fees are fees…