News about Economy

S&P 500 hits record high seven weeks into Iran war as investors ignore oil prices and economic fears.

March energy prices surged 10.9%, driving CPI up 0.9% since 2022. This spike threatens Fed rate cuts and impacts Orlando budgets.

Fed economists warn that AI hype is overheating the economy and driving inflation, posing risks to local Florida businesses and consumers.

Iran's blockade of Hormuz has stranded Vitol vessels, creating global energy shockwaves that could raise gas prices for Orlando drivers.

Oil prices spiked Thursday following Trump's comments on the Iran war, prompting urgent analysis from top market experts on the global impact.

Geopolitical tensions may drive up global oil demand, impacting Central Florida's economy and slowing the region's shift to renewable energy sources.

As tensions between the U.S. and Iran rise, President Trump’s attempts to calm financial markets have faced increasing challenges, with oil prices rising and stock indices showing volatility.

Local residents are grappling with gas prices above $4 per gallon as tensions between the US, Israel, and Iran escalate. President Trump’s threats against Iranian energy sites contribute to rising costs.

DHS says TSA agents may get paid Monday after Trump order, but Orlando airport and Central Florida tourism continue to feel shutdown pressure.

Trump officials prepare contingency plans for potential oil crisis amid Iran tensions, with implications for Central Florida gas prices and tourism.

Suspicious $500 million in oil trades placed 15 minutes before Trump's Iran attack delay announcement sent crude prices tumbling.

Trump administration eyes dropping Iran sanctions as gas prices surge to $3.89 per gallon, impacting Central Florida drivers and tourism.