News about Economy

FloridaCommerce launches emergency job aid sessions in Central Florida for Spirit Airlines workers following successful South Florida efforts.

U.S. national debt surpasses GDP for first time since WWII, signaling historic fiscal challenges and raising concerns for future economic stability.

S&P 500 reaches record high despite Iran war and oil price spikes, as investors remain optimistic while conflict timeline extends.

March CPI data shows a 0.9% inflation surge driven by a 10.9% energy price spike following US strikes on Iran, raising questions about Fed rate cuts.

Fed economists caution that AI speculation is driving inflation, creating economic risks for the U.S. and Florida markets regardless of tech delivery.

Vitol, the world's top oil trader, is exposed as the Iran war blocks the Strait of Hormuz, stranding vessels and threatening global energy supplies.

As U.S.-Iran tensions escalate, President Trump’s attempts to calm financial markets show diminishing returns, leading to market volatility and economic concerns.

DHS announced TSA agents may receive pay Monday under Trump's directive amid the government shutdown, but the broader crisis remains unresolved.

White House officials are preparing emergency strategies to address potential oil price spikes if Iran conflict disrupts global supply.

Suspicious $500 million oil trades placed minutes before Trump's Iran attack delay announcement raise insider trading questions.

Trump admin to drop Iranian crude sanctions as gas prices surge to $3.89 per gallon amid Israel-Iran military conflict.

Global luxury executives worry that prolonged wars and geopolitical instability could undermine Dubai's booming role as a high-end retail hub.