News about Economy

An ad in Times Square highlights Florida's economic growth against high taxes in New York to attract more businesses.

Six Florida residents have won Mega Millions jackpots worth over $3.7 billion since 2014, including a recent $800 million ticket from Bradenton that is still being claimed.

Florida business leaders placed a billboard in Times Square thanking NYC Mayor Zohran Mamdani for sending jobs to Florida, highlighting IRS data showing New York's net loss of tax returns to the Sunshine State. The move sparked pushback from City Hall regarding economic strength.

Top economist Torsten Slok warns that the AI boom is unsustainable because profits rely on investors rather than earnings. This poses risks for Orlando’s expanding tech corridor and local economy.

Haitians are receding from public view in South Florida as Temporary Protected Status ends. Empty businesses and fewer remittances signal a major shift for local communities.

PriorityEvac in West Palm Beach sells annual memberships starting at $1,250 per person. The service guarantees flights on private jets out of Florida before major hurricanes arrive.

Republican candidate Michael Carbonara faces scrutiny for investing campaign funds in cryptocurrency through a company he founded, raising questions about conflicts of interest.

Construction begins in Florida for Washington's new hybrid ferries. The first of three electric vessels aims to modernize the fleet after a decade without new builds.

A report from the Food and Agriculture Organization highlights a new surge in global food inflation driven by geopolitical wars and extreme weather patterns affecting harvests.

Florida risks losing nearly $1B in federal funding over SNAP errors. Lawmakers push for AI reforms as understaffing and disasters drive the state's error rate above federal thresholds.

The state plans to build what it calls an “Aerial Highway Network” that includes places the futuristic aircraft can charge, take-off and land.

High gas prices and inflation pose challenges to economic recovery goals ahead of critical midterms in Washington.