News about Economy

FloridaCommerce brings emergency job help sessions to Orlando for Spirit Airlines workers, offering career counseling and local employment connections.

State officials launch emergency job sessions in Orlando for Spirit Airlines workers following the carrier's bankruptcy and fleet grounding.

US national debt exceeds the economy for the first time since WWII, marking a historic shift in fiscal health with implications for local Florida economies.

President Trump signs off on a 39-day red snapper season for Florida, a major expansion from two days that benefits local charter boats and tourism.

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.