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By Christopher Lugerber, Economics writer for the Associated Press WASHINGTON (AP) – American confidence has plummeted to its lowest level in the fifth month since the onset of the Koibed-19 pandemic, as anxiety over the impact of tariffs has hit consumers’ expectations of future growth. The Conference Committee said Tuesday that the Consumer Trust Index fell 7.9 points to 86 points in April, the lowest reading since May 2020. Nearly a third of consumers expect employment to slow down in the coming months, roughly coinciding with the level in which the economy fell into the Great Recession in April 2009.…
Nothing captures Ron DeSantis, like the Florida hope scandal. It tells everything about how our governor thinks and acts. Now, what we see as a tool to create a family dynasty in Tallahassee might oppose it.This is the background:The Desantis administration deserted $10 million from its settlement with vendors last year to state-created charities. The funds were part of the $67 million state recovered from a claims dispute with Florida’s biggest Medicaid contractor. But instead of repaying all $67 million to taxpayers, the administration challenged $10 million to the funding division of Hope Florida, a charity led by First Lady…
MIAMI — David Nezevich, a Fort Lauderdale man accused of killing his estranged wife in Spain early last year, claimed his life Monday morning while in custody at a federal jail in Miami, defending his lawyers said.Knezevich, 37, awaiting trial in Miami federal court in Madrid with accusations of kidnapping and murder, was found dead in his cell from an obvious suicide.His defense attorney Jayne Weintraub said she learned about the client’s death from federal prosecutors on Monday morning, and made a Zoom call with them and US District Judge Kathleen Williams to discuss it later that day. The FBI…
Cape Canaveral, Fla. — Amazon’s first internet satellite rocketed into orbit Monday, the latest entry in the megaconstellation market, currently dominated by thousands of Starlinks on SpaceX.The United Launch Alliance’s Atlas V Rocket carried the 27 of Amazon’s Project Kuiper satellite, named after the frigid edge of the solar system beyond Neptune. Once released in orbit, the satellite will eventually reach an altitude of nearly 400 miles.Two test satellites were launched in 2023 by Atlas V. Project officials said there was a major upgrade to the latest version. Modern satellites are also coated with mirror films designed to scatter reflected…
A federal court previously ruled that she was unable to prove her claims under two federal anti-discrimination laws.On April 28, the Supreme Court appears to be sympathetic to the families of epilepsy students suing Minnesota school districts, alleging that the school illegally refused special accommodations.AJTv. The verbal debate at Osseo area schools grew fierce when she subsequently retracted when district lawyers accused other lawyers of hearing her asserted position.The U.S. Attorney General’s Office argued in favor of the family’s position.The student, known as AJT and her name Ava, is suing parents whose GT AVA has been identified as suffering from…
In a surprising move, Jack in the Box announced this week that it would close 200 restaurant locations in addition to the possibility of dropping off Del Tacos, a chain they bought just three years ago. The latest initiative by the San Diego-based fast food chain will allow the focus to be on the Jack in the Box brand, allowing the company’s new CEO, Ran Stacker, to lower the restaurant’s performance and ultimately raise cash to pay its $300 million debt. The closure of dozens of locations is not yet announced, but will take place in stages in the first…
When a Clearwater nurse was murdered by her ex-boyfriend after repeatedly asking for help from the police, the Tampa Bay Times set out to understand what went wrong. What emerged was an example of Florida’s public safety system (stricken by ambiguous protocols and poor training) that could lead to domestic violence victims failing, even when individual executives are trying to help. That is especially true for victims of non-physical violence, such as stalkers. This time spent over a year studying the system to identify gaps that would cause victims to be harmed despite their help reaching out for protection. It…
Officials say Venezuelans who were deported by the military after a judge ordered the government not to deport illegal immigrants immediately.On April 28, a federal judge asked the US government to respond to the deportation that occurred after handing over a provisional injunction imposing the new requirements.US District Judge Brian Murphy said at a hearing in Boston that he needed an answer to determine whether he violated his orders after the government deported four Venezuelans from Guantanamo Bay to El Salvador and banned illegal immigrants from being deported to foreign countries, and then banned deportation of their country to their…
The rating agency also said further downgrades could be looming. S&P Global Ratings downgraded Los Angeles’ bond valuations due to worsening financial situations and structural imbalances as cities seek to manage a nearly $1 billion budget deficit by reducing certain costs in their 2025-26 budget. Downgrades can lead to increased borrowing costs for the city.The credit rating agency said in a statement on April 25 that it had reduced the city’s general obligation debt from AA to AA and downgraded the municipal improvement body for Los Angeles lease revenue bonds used to fund projects and equipment from A+ to AA-.…
TAMPA – After blowing several deadlines to provide financial documents, the FBI is investigating clearwater businessman looking into trust fund money, facing a court hearing on Friday, as he is investigating more than $100 million in trust fund money. Federal judge Roberta Colton hears evidence as to whether Leo Govoni is thumbing his nose in a court order requiring that he produce a document detailing both personal and business assets. These include his personal assets and a financial overview of the Boston Finance Group. The authorities say that trust funds sent to other Govoni companies, including Big Storm Brewing, have…