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  • BREAKING NEWS

BREAKING NEWS

LIVE RADAR: Summer heat, humidity and thunderstorms

ECONOMY


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Walmart warns of higher grocery prices as new tariffs take effect

Read full article: Walmart warns of higher grocery prices as new tariffs take effect

Walmart is warning that new tariffs on imported goods may lead to higher grocery prices, with essentials like produce, coffee, and seafood at risk. Economists say shoppers could see increases in the coming weeks as trade policies impact the cost of everyday items.

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LIVE: Fed Chair Jerome Powell speaks in Washington DC

Read full article: LIVE: Fed Chair Jerome Powell speaks in Washington DC

US Fed Chair Jerome H. Powell will speak at the Thomas Laubach Research Conference Thursday morning.

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Feeling uncertain in our economy? Here’s how to save for an emergency

Read full article: Feeling uncertain in our economy? Here’s how to save for an emergency

Consumer Reports says building an emergency financial safety net might be easier—and more important—than you think.

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LIVE: Treasury Secretary joins White House press briefing to speak about economy

Read full article: LIVE: Treasury Secretary joins White House press briefing to speak about economy

White House Press Secretary Karoline Leavitt will hold a press briefing with Treasury Secretary Scott Bessent Tuesday morning. The White House says ‘unleashing economic greatness’.

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LIVE: Fed Chair Powell delivers economic outlook

Read full article: LIVE: Fed Chair Powell delivers economic outlook

Jerome Powell, the chair of the U.S. Federal Reserve is set to address the Economic Club of Chicago.

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25% tariff on imported vehicles takes effect this week. Here’s what this means for consumers

Read full article: 25% tariff on imported vehicles takes effect this week. Here’s what this means for consumers

A 25% tariff on imported passenger vehicles, light trucks, and some auto parts goes into effect this week, raising concerns for consumers.

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Interview: Economist joins The Morning Show to discuss recession concerns, tariff impacts on economy

Read full article: Interview: Economist joins The Morning Show to discuss recession concerns, tariff impacts on economy

Dan North, Senior Economist for Allianz North America joined News4JAX Anchor Bruce Hamilton on The Morning Show on Thursday morning.

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LIVE: President Trump speaks at Business Roundtable meeting of corporate CEOs

Read full article: LIVE: President Trump speaks at Business Roundtable meeting of corporate CEOs

President Donald Trump will deliver remarks Tuesday evening at the Business Roundtable quarterly meeting.

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Florida ranked as top state in U.S. for education, economy: report

Read full article: Florida ranked as top state in U.S. for education, economy: report

For 2024, Florida was listed among the top states in the nation by U.S. News & World Report. While the Sunshine State ranked No. 9 overall, it was the top state nationwide for “Education” and “Economy.”

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Tell Us: Did you participate in the ‘economic blackout’ to protest billionaires, corporations?

Read full article: Tell Us: Did you participate in the ‘economic blackout’ to protest billionaires, corporations?

The last day of February is a day of boycott for some.

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Market strategist explains fallout from tariffs Trump is leveling against Mexico, Canada and China

Read full article: Market strategist explains fallout from tariffs Trump is leveling against Mexico, Canada and China

Karl Schamotta, Chief Market Strategist for Corpay Cross Border, joined us on The Morning Show to explain the fallout of President Donald Trump's tariffs against Canada, Mexico and China.

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When will Gordie Howe International Bridge project be done? See timeline of progress

Read full article: When will Gordie Howe International Bridge project be done? See timeline of progress

Here is a timeline of events thus far for the project, with more milestones obviously to come for a project expected to be done in 2025.

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Florida has 7th best economy in country, Wallet Hub study finds

Read full article: Florida has 7th best economy in country, Wallet Hub study finds

The Sunshine State's economy is so large that if it were a country, it would rank in the top 20 in the world.

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So close! Last cables on Canadian side of Gordie Howe Bridge being installed

Read full article: So close! Last cables on Canadian side of Gordie Howe Bridge being installed

The American side isn’t far behind, with 104 cables installed.

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Shoppers optimistic as grocery prices show slight decrease

Read full article: Shoppers optimistic as grocery prices show slight decrease

Prices of some groceries are going down, according to the Bureau of Labor Statistics.

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British economy rebounds strongly in first quarter of the year, ending 'technical recession'

Read full article: British economy rebounds strongly in first quarter of the year, ending 'technical recession'

The British economy bounced back strongly in the first three months of the year, bringing to an end to what economists termed a “technical recession.”.

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LIVE: President Biden to discuss rebuilding infrastructure, creating jobs in US

Read full article: LIVE: President Biden to discuss rebuilding infrastructure, creating jobs in US

President Joe Biden will speak Thursday about his Investing in America agenda.

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In wake of Baltimore bridge collapse, Florida lawmakers, maritime leaders meet to talk port safety, infrastructure

Read full article: In wake of Baltimore bridge collapse, Florida lawmakers, maritime leaders meet to talk port safety, infrastructure

Congressional and maritime leaders met in Miami on Friday to discuss port safety, security and infrastructure.

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UNF enrolling more nursing students than ever as US job growth report shows high demand in health care

Read full article: UNF enrolling more nursing students than ever as US job growth report shows high demand in health care

With job growth turning out to be much stronger than expected in March, there were three main categories where the hiring was mainly concentrated including health care and private education, leisure and hospitality, and government.

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Photo shows how close massive bridge project is to milestone moment

Read full article: Photo shows how close massive bridge project is to milestone moment

It’s a marvel being built right in front of the public eye.

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Consumers struggle as products shrink: Biden launches ‘strike force’ against ‘shrinkflation’

Read full article: Consumers struggle as products shrink: Biden launches ‘strike force’ against ‘shrinkflation’

According to the report, a pack of Oreos decreased by 6% in size, a mega-pack of Charmin gave 7% less sheets, and a bottle of Dawn had 7% less soap even though the prices all stayed the same.

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‘Me cookies are getting smaller’: Cookie Monster’s take on shrinkflation get reactions from political leaders, public

Read full article: ‘Me cookies are getting smaller’: Cookie Monster’s take on shrinkflation get reactions from political leaders, public

Shrinkflation is defined as “the practice of reducing a product’s amount or volume per unit while continuing to offer it at the same price.”

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How are you riding out the inflation price roller coaster?

Read full article: How are you riding out the inflation price roller coaster?

The latest economic numbers show inflation continues to surge, remaining well above the Federal Reserve's 2% target.

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Florida consumers are feeling more positive about the economy than they have in two years

Read full article: Florida consumers are feeling more positive about the economy than they have in two years

Consumers in Florida are feeling more positive about the economy than they have in two years, with consumer confidence reaching a two-year high. Inflation has also significantly decreased, and wages are now above pre-pandemic levels. Despite this improvement, financial planners emphasize that consumer sentiment is still not at pre-pandemic levels. A study conducted by the University of Florida shows that consumer sentiment in the state ranks at 73 points, with the highest possible index being 150. However, individuals' perspectives on the economy vary, with some expressing optimism while others voice concerns about increasing expenses and job insecurity.

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Tell us: Are you feeling more optimistic about the economy? Why or why not?

Read full article: Tell us: Are you feeling more optimistic about the economy? Why or why not?

Americans are feeling more optimistic about the economy, as indicated by a new study out of the University of Michigan. The study reveals that consumer sentiment has increased by 13% in January, reaching its highest level since July 2021. This positive outlook comes as inflation continues to soften. Additionally, the January jobs report shows that the U.S. economy added 353,000 jobs last month, with the unemployment rate remaining steady at 3.7%. Stay updated with the latest economic news and trends by following our coverage on Channel 4.

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Jacksonville businesses welcome Florida-Georgia game and the economic impact it brings with it

Read full article: Jacksonville businesses welcome Florida-Georgia game and the economic impact it brings with it

The Florida-Georgia game happens on Saturday but the festivities were well underway on Friday night with an exhibition baseball game followed by a concert and fireworks.

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News4JAX launches new streaming podcast, “This Week in Jacksonville: Business Edition” with Kent Justice

Read full article: News4JAX launches new streaming podcast, “This Week in Jacksonville: Business Edition” with Kent Justice

It's no secret that Jacksonville's economy is growing and businesses here are booming. In fact, Jacksonville is the fifth fastest growing city in America, according to the U.S. Census Bureau. And with that comes a lot of questions about jobs, real estate, finances and more. That's why we've started a brand new streaming series, branching off of our very successful policy show "This Week in Jacksonville". It's called "This Week in Jacksonville: Business Edition.

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British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost

Read full article: British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost

The British economy unexpectedly grew in the second quarter of the year, largely as a result of a strong rebound in June when many businesses particularly in the leisure sector benefited from the warm and settled weather.

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National Parks offering free admission on these days in 2023

Read full article: National Parks offering free admission on these days in 2023

The National Park Service has announced that in 2023, there will be five days where admission to sites will be free to the public.

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Starting in 2024, US citizens will need this when traveling to Europe

Read full article: Starting in 2024, US citizens will need this when traveling to Europe

Starting in 2024, travelers who have previously come to the continent without a visa will need an additional authorization document that is linked to a passport.

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Thousands in Florida eligible for student loan forgiveness. Here’s what you need to know

Read full article: Thousands in Florida eligible for student loan forgiveness. Here’s what you need to know

The discharges were announced via email on Friday, July 14, to an estimated 800,000 Americans.

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Memories flow as community says farewell to beloved farm after 8 decades

Read full article: Memories flow as community says farewell to beloved farm after 8 decades

Many who have recently visited Mixon's— a family business that has been around since 1939— comes to say thank you and goodbye, all while sharing a memory of some sort.

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Building a do-it-yourself air purifier is easier than you think

Read full article: Building a do-it-yourself air purifier is easier than you think

Known as the Corsi-Rosenthal box, it pulls air through filters on the sides and blows out clean air. It’s proven to reduce indoor exposure to airborne particles. The box can decrease the levels of particles in the air, such as dust or wildfire smoke.

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Deegan economic development team looks to speed up permitting process

Read full article: Deegan economic development team looks to speed up permitting process

Democrat Donna Deegan will be sworn in on July 1 but already her new administration is looking at changes in how the city will operate.

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Watch how shipping containers are being used to build homes in Detroit

Read full article: Watch how shipping containers are being used to build homes in Detroit

In recent years, some companies have gotten creative and started building homes out of unused shipping containers.

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Germany economy shrinks in first quarter, signaling one definition of recession

Read full article: Germany economy shrinks in first quarter, signaling one definition of recession

The German economy has shrunk unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession.

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Will this be the last time we ‘spring forward’ for daylight saving time?

Read full article: Will this be the last time we ‘spring forward’ for daylight saving time?

Last March, the U.S. Senate passed what is known as the Sunshine Protection Act, which would end the twice-a-year ritual of changing clocks by making one set time permanent.

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What is the difference between tax planning and tax compliance?

Read full article: What is the difference between tax planning and tax compliance?

Did you know when you’re getting ready for tax season, there are two types of preparation methods?

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Piers at future site of Shipyards West Park need to be replaced, could cost up to $30M in current design

Read full article: Piers at future site of Shipyards West Park need to be replaced, could cost up to $30M in current design

The Downtown Investment Authority (DIA) met on Thursday to talk about how much more money could be needed for projects on both the Northbank and the Southbank, including the area known as the Shipyards and the former home of the Jacksonville Landing, now called Riverfront Plaza.

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Union Terminal Warehouse in Jacksonville gets massive makeover

Read full article: Union Terminal Warehouse in Jacksonville gets massive makeover

A 72-million-dollar historic renovation is happening right now in Jacksonville to the Union Terminal Warehouse. It will become the place where hundreds of people can live, work and entertain.

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Should corporations adopt a 4-day workweek? We asked you, and here’s what you said

Read full article: Should corporations adopt a 4-day workweek? We asked you, and here’s what you said

According to responses we’ve gotten to the idea, many are receptive to a four-day workweek.

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The results are in on a 4-day workweek study

Read full article: The results are in on a 4-day workweek study

A 4-day work week study in the United Kingdom is over, and most of the companies (92%) said they’ll continue with that schedule.

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7 ways to ease flight anxiety

Read full article: 7 ways to ease flight anxiety

There are steps people can take to help be calmer and enjoy a flight.

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Need a ride across the state? This company could be alternative to Uber and Lyft

Read full article: Need a ride across the state? This company could be alternative to Uber and Lyft

Some might know it, but there is a rideshare for long distances that exists.

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Watch Live: President Biden delivers January jobs report

Read full article: Watch Live: President Biden delivers January jobs report

President Biden holds a conference Friday morning to discuss the January jobs report.

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How much have food costs gone up in Florida?

Read full article: How much have food costs gone up in Florida?

Egg prices are up 59.9%, a rate not seen since 1973.

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Potential prizes, discounts will be part of grand opening event for new David’s Bridal store in Jacksonville

Read full article: Potential prizes, discounts will be part of grand opening event for new David’s Bridal store in Jacksonville

The event will be held from 6 p.m. to 8 p.m. on Thursday.

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What are deadlines for 2023 holiday shipping?

Read full article: What are deadlines for 2023 holiday shipping?

Important dates to know if you plan on sending packages to loved ones for holiday season.

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TELL US: Do you think a 4-day workweek is a good idea or bad idea?

Read full article: TELL US: Do you think a 4-day workweek is a good idea or bad idea?

The pandemic changed the way we work and where we work. Many people switched to remote or hybrid schedules. And that transition has led some to start questioning a traditional work schedule.

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TELL US: Are you noticing more businesses or workers asking for tips?

Read full article: TELL US: Are you noticing more businesses or workers asking for tips?

Shoppers are seeing more and more ‘tip’ requests in unusual places. It’s a common practice to tip people who work in the service industry, but it is now extended beyond that.

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Sponsored

3 tips to maximize your house space for holiday season

Read full article: 3 tips to maximize your house space for holiday season

Even if you’re short on square footage, there are various ways you can maximize the amount of usable space in these rooms and make it comfortable for your guests.

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Sponsored

4 tips on when to replace your tires

Read full article: 4 tips on when to replace your tires

The holiday travel season is here, which means more wear and tear on tires.

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Businesses reap economic gains from Georgia-Florida festivities, game

Read full article: Businesses reap economic gains from Georgia-Florida festivities, game

Tens of thousands of Florida Gator and Georgia Bulldog fans from near and far filled the stands of the TIAA Bank Field Saturday afternoon to watch this year’s much anticipated Georgia-Florida matchup, resulting in a major boost for the Jacksonville economy.

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Sponsored

The ultimate guide to RV types: Which RV type is right for me?

Read full article: The ultimate guide to RV types: Which RV type is right for me?

Here’s an overview of different RV types and their pros and cons in order to help you decide which one best fits your lifestyle.

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How much has milk gone up around the country?

Read full article: How much has milk gone up around the country?

Got milk? If you need to buy some in the future, the question instead will be, Got money?

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It’s a ‘grande’ new way to fly: Check out this new Starbucks and Delta loyalty program

Read full article: It’s a ‘grande’ new way to fly: Check out this new Starbucks and Delta loyalty program

Starting on Wednesday, U.S. customers who link Delta SkyMiles and Starbucks Rewards loyalty programs will earn one mile on every $1 spent on eligible purchases at Starbucks.

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How important is farming still to the U.S.? These facts and figures might surprise you

Read full article: How important is farming still to the U.S.? These facts and figures might surprise you

Farming might not be a glamorous job for many, but simply put, we might not exist without the hardworking farm owners and laborers out there.

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Sponsored

KFC grilled chicken coming to Jacksonville for limited time

Read full article: KFC grilled chicken coming to Jacksonville for limited time

In addition, KFC will continue to donate unused food items to local organizations and pantries.

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St. Johns County has an affordable housing crisis. These nonprofit housing leaders explain how to address it

Read full article: St. Johns County has an affordable housing crisis. These nonprofit housing leaders explain how to address it

Data collected by NEFAR shows that St. Johns County is the least affordable county of the eight counties in the area.

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Student loan forgiveness plan will have minimal impact on current inflation, expert says

Read full article: Student loan forgiveness plan will have minimal impact on current inflation, expert says

After President Joe Biden announced millions of people will have student loan debt forgiven, News4JAX viewers both for and against the plan were quick to share their thoughts.

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An old high school gym turned into a home? You’ll have to see listing to believe it

Read full article: An old high school gym turned into a home? You’ll have to see listing to believe it

One portion of the house has the original basketball court and bleachers, while another portion was renovated into elements of what typical homes have, such as a kitchen, bathroom and bedrooms.

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More owners surrendering pets at shelter, blaming economy

Read full article: More owners surrendering pets at shelter, blaming economy

The economy is not only having an affect on us, it's affecting dogs and cats too.

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See the dramatic increase in gas prices near you

Read full article: See the dramatic increase in gas prices near you

Time will tell if the trend will continue.

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Satisfy your smoked whitefish craving at these 5 top spots

Read full article: Satisfy your smoked whitefish craving at these 5 top spots

The Great Lakes might be home to the world’s most abundant supply of freshwater whitefish, and to many, that treat tastes even better when it is smoked to give it even more flavor.

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Sponsored

5 things to know about home generators

Read full article: 5 things to know about home generators

The peace of mind that is gained with a dependable backup power solution for the entire house that a generator provides is immeasurable.

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Cherry bacon spread? Cherryaki Sauce? Chain of stores has cherries in just about EVERYTHING

Read full article: Cherry bacon spread? Cherryaki Sauce? Chain of stores has cherries in just about EVERYTHING

Name a product, and somehow cherries have found their way into them when visiting the Cherry Republic, a group of stores in Michigan.

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Home to more than just rare stones: 5 things to do in Petoskey

Read full article: Home to more than just rare stones: 5 things to do in Petoskey

Tucked along the Little Traverse Bay in Northern Michigan, Petoskey is a hotspot in the summer for tourists with its scenic water views, boating and other water activities.

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Gas prices, inflation causing many to alter or abandon summer travel plans

Read full article: Gas prices, inflation causing many to alter or abandon summer travel plans

With gas prices approaching $5 in most locations, and quadruple the typical rate of inflation, many Americans are choosing more modest summer trips in 2022 or foregoing travel altogether.

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Trust Index: Looking at President Biden’s statements about the economy

Read full article: Trust Index: Looking at President Biden’s statements about the economy

The News4JAX Trust Index team is taking a look at recent statements by President Joe Biden about the economy.

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2023 recession likely, but it’s not as bad as everyone thinks, financial expert says

Read full article: 2023 recession likely, but it’s not as bad as everyone thinks, financial expert says

U.S. stocks sank into bear market territory Monday as Wall Street investors worry about interest rate hikes and inflation.

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Mortgage demand at 22-year low as interest rates climb

Read full article: Mortgage demand at 22-year low as interest rates climb

Mortgage demand is at its lowest level in decades. Demand is about half of what it was a year ago.

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Economist warns national housing market headed for a setback. Why Florida prices may remain high

Read full article: Economist warns national housing market headed for a setback. Why Florida prices may remain high

A warning from economists on what the future holds for homeowners and renters.

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Gas prices break record high for second day in a row

Read full article: Gas prices break record high for second day in a row

For the second day in a row, drivers are paying record gas prices.

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Filling up with gas is costing drivers in Florida more than in Georgia

Read full article: Filling up with gas is costing drivers in Florida more than in Georgia

We’re not even into the busy summer travel months and already the price of gasoline has risen by 20-cents the past two weeks. Drivers in Florida on average are paying $4.20 while the average price of gas in Georgia is more than 35-cents cheaper.

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Survey: Nearly half of Floridians struggling with monthly bills as inflation rises

Read full article: Survey: Nearly half of Floridians struggling with monthly bills as inflation rises

Nearly half of all Floridians are having a hard time paying necessary bills because of inflation, according to a new University of South Florida survey.

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Biden bets strong job market will shield economy from slump

Read full article: Biden bets strong job market will shield economy from slump

The Biden White House is betting the U.S. economy is strong enough to withstand the threats to growth posed by inflation and the war in Ukraine.

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5 things I learned about inflation, after talking to an expert

Read full article: 5 things I learned about inflation, after talking to an expert

Inflation is the topic of the month in our solutions journalism show, “Solutionaries.”

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US growth in Q4 revised lower to 6.9%, slower growth to come

Read full article: US growth in Q4 revised lower to 6.9%, slower growth to come

The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December, the government reported Wednesday, a slight downgrade from its previous estimates.

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An end to tax havens? How a new global minimum tax rate could affect the world’s economy

Read full article: An end to tax havens? How a new global minimum tax rate could affect the world’s economy

Here are facts and figures of the OECD’s plan and what it hopes to achieve.

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Bad weather, bad business: Rain puts damper on revenue at The Players

Read full article: Bad weather, bad business: Rain puts damper on revenue at The Players

The first round of The Players Championship hit some speed bumps Thursday, with storms causing a four-hour weather delay.

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Tell us what you think of rising gas prices

Read full article: Tell us what you think of rising gas prices

We want to know what you think about the skyrocketing cost of gas.

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How sweet are you on breakfast? Try your hand at this quiz about beloved cereal

Read full article: How sweet are you on breakfast? Try your hand at this quiz about beloved cereal

The popular breakfast food had sales over $9 billion in 2020 and then $8.66 billion in 2021, according to IRI, a market research firm in Chicago.

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As gas prices rise in the US, countries around the world are feeling pain at the pump even more

Read full article: As gas prices rise in the US, countries around the world are feeling pain at the pump even more

According to data from globalpetrolprices.com, 46 countries has gas prices that are $6 a gallon or more, 26 have prices that are at least $7 a gallon while nine countries have gas prices that are $8 a gallon or more.

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What are tax havens, and who benefits from them?

Read full article: What are tax havens, and who benefits from them?

Tax havens, also known as offshore financial centers, are a country or jurisdiction that has minimal tax liabilities to foreign individuals or businesses.

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German government cuts 2022 economic growth forecast to 3.6%

Read full article: German government cuts 2022 economic growth forecast to 3.6%

The German government has cut its growth forecast for this year.

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Here are the best, worst days to travel for the 2021 holiday season

Read full article: Here are the best, worst days to travel for the 2021 holiday season

Whether you’ve already booked holiday travel plans, or you’re waiting for the last minute to make sure there aren’t restrictions, there are certain things to keep in mind about which days will be best to travel, and what resources might be more scarce than in years past.

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UK economic growth held back by supply chain problems

Read full article: UK economic growth held back by supply chain problems

The British economy slowed down during the third quarter of the year as widespread supply chain problems hobbled the recovery from the coronavirus pandemic.

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Financial technology company Nymbus moving headquarters from Miami to Jacksonville

Read full article: Financial technology company Nymbus moving headquarters from Miami to Jacksonville

Financial technology company Nymbus is moving its corporate headquarters to Jacksonville, the company announced Tuesday.

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Japan passes 50% vaccination rate, may ease limits in Nov.

Read full article: Japan passes 50% vaccination rate, may ease limits in Nov.

Japan’s government says more than 50% of the population has been fully vaccinated.

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UK economy takes another step toward pre-pandemic level

Read full article: UK economy takes another step toward pre-pandemic level

Official figures show that the British economy rebounded further in May following another easing of lockdown restrictions, though the increase was about half that expected by economists.

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UK economy edges to pre-pandemic levels as lockdown eased

Read full article: UK economy edges to pre-pandemic levels as lockdown eased

The easing of lockdown restrictions in April helped the British economy grow at its fastest rate since July 2020 and recoup further ground lost during the coronavirus pandemic.

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Gun sales in area continue to spike as mass shootings, unrest continues

Read full article: Gun sales in area continue to spike as mass shootings, unrest continues

There has been a surge in people buying a gun for the first time, with the pandemic, civil unrest and mass shootings cited as factors contributing to the spike.

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Golf gift guide 101: Take this quiz to score the ultimate hole-in-one on Father’s Day

Read full article: Golf gift guide 101: Take this quiz to score the ultimate hole-in-one on Father’s Day

Golf is a notable Father’s Day pastime that’s not going anywhere any time soon.

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Some local gas stations struggling as Colonial Pipeline gets back online

Read full article: Some local gas stations struggling as Colonial Pipeline gets back online

The company warns it will take several days for deliveries to return to normal.

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UK economy showed resilience ahead of big lockdown easing

Read full article: UK economy showed resilience ahead of big lockdown easing

Official figures show that the British economy contracted by 1.5% in the first quarter of 2021, a relatively modest contraction given that the country was in the midst of a strict lockdown to combat a second wave of the coronavirus.

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UK economy ended 2020 better than previously thought

Read full article: UK economy ended 2020 better than previously thought

The pandemic has battered the British economy, which has suffered its deepest recession in more than 300 years. (AP Photo/Matt Dunham)LONDON – Official figures show that the British economy ended 2020 on a stronger footing than previously thought but that it suffered a bigger than anticipated fall in output in the immediate aftermath of the first coronavirus lockdown. In its latest revisions for 2020 data, the Office for National Statistics said Wednesday that the British economy contracted by 19.5% during the second quarter, the first full quarter of lockdown. Overall, the agency said, the British economy ended 2020 9.8% smaller, slightly better than the previous estimate of 9.9%. The U.K. as a whole has had Europe’s deadliest coronavirus outbreak, with over 126,000 people having died after testing positive for COVID-19.

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Indian economy shrinks 7.7% in fiscal 2020-21 amid pandemic

Read full article: Indian economy shrinks 7.7% in fiscal 2020-21 amid pandemic

India's economy contracted by 7.7% in the 2020-21 financial year, battered by the coronavirus pandemic, according to a report released Friday. (AP Photo/Anupam Nath)NEW DELHI – India's economy contracted by 7.7% in the 2020-21 financial year, battered by the coronavirus pandemic, according to a report released Friday. A country enters a technical recession if its economy contracts for two successive quarters. The downturn followed a strict two-month lockdown imposed across the country beginning in March to combat the pandemic. That was followed by a $35.14 billion package to stimulate the economy by boosting jobs, consumer demand, manufacturing, agriculture and exports hit by the coronavirus pandemic.

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Another recession looms for UK economy as lockdowns bite

Read full article: Another recession looms for UK economy as lockdowns bite

The Office for National Statistics said that as a result of the fall, the economy is 8.5% smaller than its pre-pandemic peak. Because of the November fall, the economy is set to contract again in the fourth quarter. “The economy took a hit from restrictions put in place to contain the pandemic during November, with pubs and hairdressers seeing the biggest impact," said Darren Morgan, director for economic statistics. The hope is that the rollout of coronavirus vaccines — the U.K. is ahead of many other countries — will see a pick-up in activity later this year. ___Follow AP coverage of the coronavirus pandemic at:https://apnews.com/hub/coronavirus-pandemichttps://apnews.com/hub/coronavirus-vaccinehttps://apnews.com/UnderstandingtheOutbreak

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Georgia governor reflects on COVID-19 battle, touts economy

Read full article: Georgia governor reflects on COVID-19 battle, touts economy

FILE - Georgia Gov. Geoff Duncan hold a news conference Wednesday evening, Jan. 6, 2021, at the Georgia State Capitol in Atlanta, to condemn the breach of the U.S. Capitol. The 2020 election cycle has left Georgia's Republican governor bruised even though he wasn't on the ballot. READ: Georgia Gov. Kemp said his budget includes $40 million to establish a “Rural Innovation Fund” for rural Georgia businesses.

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Oh so bad, but oh so good, all at the same time: Whet your appetite with this quiz on fast food

Read full article: Oh so bad, but oh so good, all at the same time: Whet your appetite with this quiz on fast food

There is a lot that has changed about society over the past few decades, but one thing that has stayed constant is people’s love for fast food.

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