The Federal Reserve announced today a radical plan to buy massive amounts of short-term debt in a dramatic effort to break through a credit clog that is imperiling the economy. ...more

October 7, 2008

SEBRING – Businesses in Highlands County that want to add employees in 2008 might be able to tap into a fund that will offset some of the cost. The Highlands County Economic Development Trust Fund was established by the county commission in 2006 to support the economic development goals of the county and to mitigate the possible negative effect of impact fees, which were initiated in January of this year. The program is designed to support the expansion of existing industry as well as the recruitment of new industry to the county. To be eligible, companies must meet certain criteria that include meeting minimum average wage requirements for new as well as existing employees and creating a minimum number of new jobs. Companies meeting the guidelines may receive $500 per new job with a maximum program benefit of $50,000 for each company. ...more

December 23, 2007