President Donald Trump signed an executive order imposing a new 10% “global tariff” under the Trade Act of 1974. This comes after the Supreme Court struck down the tariffs he imposed last year on nearly every country on earth.
Unemployment is rising in Florida, including in Jacksonville and nearby counties in Northeast Florida. The latest report from the Florida Department of Commerce comes just after CSX, a large employer in Jacksonville, announced layoffs of more than 160 workers.
The U.S. economy economy expanded at a strong 4.3% annual rate from July through September as consumer spending, exports and government spending all grew.
If you have credit cards, loans, and a savings account, the recent cut by the Federal Reserve on short-term interest rates likely impacts you. Consumer Reports breaks down the changes you might see on your next statement.
A recent poll from the University of North Florida shows housing costs and property taxes are among the biggest worries for Floridians heading into 2026. “Affordability, affordability, affordability. That is the dominant theme of this poll,” said government law attorney Chris Hand.
In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of debt on America’s balance sheet.
Alex Jaquez, an economist with the Groundwork Collaborative, joined News4JAX anchor Bruce Hamilton on The Morning Show to discuss the things weighing heaviest on the economy.
The former Republican congressman, now running as a Democrat, emphasized his core values and vision for the state. “The economy should work for everybody,” Jolly said. He explained that this means the economy must support the lowest wage earners, retirees, and families trying to put food on the table.
Justin Begley, an economist with Moody’s Analytics, joined us on The Morning Show to share his insights into the Fed's decision not to change interest rates, despite pressure from the president.
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.
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’.
A 25% tariff on imported passenger vehicles, light trucks, and some auto parts goes into effect this week, raising concerns for consumers.
Dan North, Senior Economist for Allianz North America joined News4JAX Anchor Bruce Hamilton on The Morning Show on Thursday morning.
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.”
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.
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.
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.”.
Congressional and maritime leaders met in Miami on Friday to discuss port safety, security and infrastructure.
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.
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.
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.”
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Data collected by NEFAR shows that St. Johns County is the least affordable county of the eight counties in the area.
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.
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.
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.
Name a product, and somehow cherries have found their way into them when visiting the Cherry Republic, a group of stores in Michigan.
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.
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.
U.S. stocks sank into bear market territory Monday as Wall Street investors worry about interest rate hikes and inflation.
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.
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.
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.
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.
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.
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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Financial technology company Nymbus is moving its corporate headquarters to Jacksonville, the company announced Tuesday.
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