Economy

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State regulator approves another rate decrease for FPL residential customers
Florida Power & Light's residential customers will see rates decrease for back-to-back months after the Florida Public Service Commission on Tuesday unanimously approved the utility's request for May because of declining fuel prices. Read More.
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DeSantis Announces Additional Toll Relief, Touts Near $1 Billion Relief in Two Years
Florida Governor Ron DeSantis announced additional toll relief for Florida citizens Monday afternoon, lauding the nearly $1 billion in relief allowed in two years. Read More.
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Whether it’s March Madness or not, women’s elite sports is a slam dunk for Florida's economy
Interest in women’s sports has been growing. Deloitte predicts that revenue from women’s elite sports in the U.S. will surpass one billion dollars for the first time ever in 2024. Read More.
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Florida Retail Federation pushes for local spending during robust Easter shopping season
Easter presents an opportunity to buy merchandise at local stores. Read More.
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Which small US cities are rising hotspots for financial prosperity?
MoneyGeek analyzed economic growth and prosperity indicators for 211 small U.S. cities to find where residents are financially thriving. Read More.
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Floridians pay 121% more for car insurance than national average, study finds
A new study by MarketWatch found Floridians are paying some of the highest car insurance premiums in the country right now. Read More.
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Organizers celebrate success of 2024 Palm Beach International Boat Show
"We’ve got some great boats come up from Fort Lauderdale and around the world," Andrew Doole, president of U.S. Boat Shows and Informa Markets, told WPBF 25 News. Read More.
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Ron DeSantis Says Florida’s Unemployment Rate Has Been Lower Than The National Rate For 40 Consecutive Months
Florida Gov. Ron DeSantis announced that Florida’s unemployment rate has remained lower than the national average for 40 consecutive months. Below is an official statement released from DeSantis’ office. Read More.
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State Of Florida Adds $50 Million To Israel Bonds
Florida's Chief Financial Officer Jimmy Patronis announced Tuesday that the state has purchased an additional $50 million in bonds to assist Israel as it. Read More.
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New Yorkers who moved to Texas, Florida aren't saving as much as they used to: report
New Yorkers who recently ditched the city for low-tax hot spots in Florida and Texas are finding the savings to be a lot less than they would have if they moved four years ago as the cost to rent or buy a home soars. Read More.
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Florida gas prices continue to spike, reaching highest price of 2024
Pump prices jumped to a state average of $3.48 per gallon and settled at $3.47 by Sunday. Read More.
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South Florida buyers need to earn over $150,000 to comfortably afford a home in 2024: report
US home shoppers need to be making more than $106,000 to comfortably afford a home in 2024, while South Florida buyers need to be closer to $150,000. Read More.
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Brightline station likely to increase property values in and around Stuart
Families from Palm Beach County to the Treasure Coast are getting priced out of their homes, and prices could rise again as Brightline plans to build a stop in Stuart. Read More.
Miami keeps leading the nation as the area with highest inflation rate
A new study shows that the metropolitan area that makes up Miami-Fort Lauderdale-West Palm Beach is the most affected by inflation. Read More.

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