Economy

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Florida gas prices drop 8 cents as summer travel cools down, AAA says
Florida gas prices dropped 8 cents per gallon last week and are moving lower. Read More.
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Florida's minimum wage to increase on Sept. 30
Florida's minimum wage will be of $12 an hour on Sept. 30, an increase of $1 compared with Sept. 30, 2022. Read More.
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South Florida's Thriving Private Jet Industry Fuels Local Economy
Kyle Patel, CEO of South Florida-based private charter company BitLux, explores the mutually beneficial relationship between private jet operations and airports. Read More.
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Tips for saving on auto insurance in Florida amid rising premiums
As Floridians deal with sky-high property insurance rates, they are now also being hit with another financial struggle as car insurance prices are going through the roof. Read More.
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Florida Gas Prices Rise 8 Cents
Sunday's state average was $3.69 per gallon Read More.
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US national debt hits $33T for first time in history
Janet Yellen, the Treasury Secretary, is not yet concerned about the U.S. national debt, which stands at nearly $33 trillion, as she believes that the interest payments on the debt are under control and represented 1.86% of GDP in 2022. Read More.
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Citizens Insurance revised Florida rates would increase over 11%
Rising prices on premiums, scheduled to take effect Dec. 16, come amid massive growth at Citizens Property Insurance Corp. Read More.
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DeSantis reacts to inflation uptick: 'It doesn't have to be this way'
Gov. Ron DeSantis reacted to inflation data for August, which included included a slight uptick of 0.3%. Read More.
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West Palm drops parking garage rates for Palm Beaches Restaurant Month
Drivers will only pay the reduced rate if they enter a garage after 5 p.m. and leave before midnight. Read More.
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Palm Beach County to provide up to $100K to eligible first-time homebuyers
Palm Beach County is working to make it a little easier for first-time homebuyers as the cost of housing shows no sign of slowing its upward climb. Read More.
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$200M project coming to government complex in Delray: Hotel, housing, retail, offices
What started out seven years ago as a modest $6 million renovation project has now become a massive $200 million redevelopment project. Read More.
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Floridian consumer sentiment creeps higher as inflation continues to decline
Consumer sentiment among Floridians inched up eight-tenths of a point in August to 67.6 from a revised figure of 66.8 in July. Meanwhile, national sentiment dropped 2.1 points.  Read More.
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Florida shoppers taking advantage of disaster preparedness sales tax holiday
The disaster preparedness sales tax holiday runs now through Sept. 8. Read More.
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Employment up more than 3.0 percent in Nevada, Texas, and Florida, July 2022–July 2023
Over the year ended July 2023, nonfarm payroll employment increased in 36 states and was essentially unchanged in 14 states and the District of Columbia. Read More.
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Fitch affirms ‘AAA’ rating for Florida after downgrading federal credit rating
Fitch Ratings has affirmed a “AAA” credit rating for the state of Florida on Wednesday after downgrading the federal government’s credit rating earlier this month. Read More.

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