Hernando Oaks, one of the larger subdivisions in Hernando County, received another economic hit last week when one of the development entities filed for Chapter 11 bankruptcy in federal court. ...more

December 2, 2008

President Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession. ...more

December 1, 2008

WASHINGTON (AP) -- A panel of the National Bureau of Economic Research says the U.S. economy fell into a recession last year. The NBER says its group of academic economists who determine business cycles met and decided that the U.S. recession began in December 2007. Many economists believe the current downturn will last until the middle of 2009 and will be the most severe slump since the 1981-82 recession. ...more

December 1, 2008

By mid-December, Hillsborough County school leaders will have to cut from their budget $26 million that they already planned to lose. ...more

November 25, 2008

Bad economic news flooded in from all directions Friday, as state economists predicted tax collections would come up short by $1.4 billion and new figures showed that unemployment had soared to 7 percent. ...more

November 22, 2008

Now the big three tells us they need an infusion of cash to the tune of about $25 billion. ...more

November 22, 2008

A taste of eclectic Americana is coming to Seminole Heights. A new restaurant – Ella's – is under construction at Shadowlawn and Nebraska avenues. Its tentative opening is in March. ...more

November 20, 2008

A prescription for financial collapse of the American government, jobs and the economy cannot be separated. In the last eight years millions of American jobs have been outsourced to foreign shores. The American Chamber of Commerce, Wall Street and many in Congress, both parties, have promoted this as good for America. They call it "Free Trade." ...more

November 20, 2008

Florida's public employee pension plan has lost more than a quarter of its peak value, but Gov. Charlie Crist and other officials Monday said the fund is built for the long haul and there's no need to panic. ...more

November 17, 2008

At least 85 students who have fallen on hard times have sought help from University of South Florida administrators who undertook a campaign to keep them in school. ...more

November 17, 2008