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TAMPA, Fla. (WFLA) – After a smile and a bell cry, the US saw stocks falling in response to President Trump’s announcement of a new mutual global tariff. USF Economics professor Michael Snipes explained why the stock fell on Thursday. Despite the backlash, Florida County’s time limits are moving forward with bills in the House “Whenever a policy is submitted, I don’t know exactly when it will be proposed or when it will be installed. What does cost mean? It means my input cost. For 401k people tied to the stock market, Snipes admits that they can see the amount…
Financial markets around the world are caught up in the wake of President Donald Trump’s latest and most serious tariff set, with US stock markets at their worst.The S&P 500 fell 4.8% on Thursday, more than other major stock markets. The Dow Jones industrial average fell by 1,679 points, while the Nasdaq composites sank 6%.It was hardly spared as it flares globally about the potentially toxic mix of potentially toxic economic growth and inflation that tariffs likely to generate.Thursday:The S&P 500 fell to 274.45 points (4.8%) to 5,396.52.The Dow Jones industrial average fell 1,679.39 points (4%) to 42,545.93.Nasdaq Composite fell…
By María Verza and Fabiola SánchezMEXICO CITY (AP) — Mexico celebrated on Thursday for dodging the latest tariffs from the White House targeting dozens of US trading partners around the world, but quickly reminded them that the global economy cannot completely avoid the effects of uncertainty.President Claudia Sinbaum said that free trade agreements signed by Mexico, Canada and the United States during Trump’s first administration protected Mexico.Now, her government is focusing on existing 25% US tariffs on imported cars, steel and aluminum, accelerating domestic production to protect jobs and reduce imports.”In my last call with President Trump, I said that…
TAMPA, Fla. (WFLA) – A Tampa woman came face to face with the crocodile and jumped onto her back to save the life of her beloved dog. Luckily, it was a horrifying moment that took place in seconds when she and her dog survived the attack. Kona, 9, is a rescuer and her owner, Kimberly Spencer, rescued her on Tuesday.”All of a sudden I heard something, I looked over, I looked like an eye in the water, and saw it bend immediately. It had come to us.Spencer was off for a walk with his dog when his eyes appeared in…
TALHASSEE, Fla. (WFLA) — Florida voters may have the opportunity to set term limits not only for state legislators, but also for county commissioners and school board members. The biggest proposed? Eight years in office. But there is fiery debate about the efforts to put this issue into the 2026 poll. St. Petersburg City Council votes to replace the roof of Tropicana Field “We know that Americans want term limits at every level of government. We know that Floridians want term limits at every level of government,” state Sen. Michelle Zamman (R-Escambia County). Duration restrictions are topics that are being…
KIE WEST, Fla. (WFLA) – United Airlines flights made an emergency landing in Virginia Thursday after crews reported a fire in their cabin, according to a Federal Aviation Administration statement. A statement provided to NBC said United Airlines flight 1513 had safely landed at Washington Dulles International Airport around 4:45pm local time. Dow drops 1,600 as US stocks leads global sales after Trump’s tariffs cause a Covid-like shock Officials said the Boeing 737 has taken off from Key West International Airport and headed for Newar Liberty International Airport in New Jersey. Authorities did not say whether they were injured or…
By Will WeissartWASHINGTON (AP) – President Donald Trump has pledged tariffs to raise the US high enough to reflect other valuations as trade punishments for US goods.What he actually imposes is based on much more complicated mathematics.Let’s take a look at how the White House got that number.Why do new tariff rates often differ from country to country?The Trump administration has declared a “economic emergency” that bypasses Congress and places 10% tariffs on almost every country and territory. It sets even higher taxes in around 60 countries, calling it the “worst” criminal.The 10% global tariff will come into effect at…
Mia Farrow will be attending the Florida Film Festival this month as part of a special programme that includes a screening of “Baby Rosemary.” She previously announced special guest Christina Rich, who has announced special guest Christina Rich of fame, the “Adams Family” and “Yellow Jacket” special guest Christina Rich. Ricci’s program includes the 30th annual screening of “Next time.”In addition to her long screen career, Farrow has been praised for her social activities, particularly her involvement with UNICEF and her humanitarian efforts in the war in the Darfur region of Sudan.True-Crime Disney documentary opens Florida Film FestivalShe is also…
Automakers, retailers and technology companies will also cut salaries.The layoffs announced by US-based employers have surged to the highest levels in March since the onset of the Covid-19 pandemic, with government employment cuts accounting for most of the cuts.The US-based employer announced 275,240 layoffs in March, according to a new report from Challenger, Gray and Christmas, a global recruitment company.Last month’s planned layoffs have increased by 60% and 205% from February, from a year ago when job cuts of 90,309 were reported.Much of the cuts in March came from a decline in the public workforce as the Bureau of Action,…
Orange County, Fla. (WFLA) – The Florida father was arrested Thursday after saying he had enlisted a man to kill a woman while sleeping with his three children. The Orange County Sheriff’s Office said the 30-year-old Porsche Streeter was shot 10 times in 2024 while sleeping in an apartment on Woodhill Park Drive. Lawmakers said 32-year-old Streeter and Saun Landis Rainge Jr. had known each other from high school and had three children together. According to an arrest affidavit obtained by NBC affiliate WESH, their relationship was called “toxic,” including reports of domestic abuse and infidelity. Auburndale Police: A woman…