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Consumer confidence in Florida rose in April thanks to flattening housing prices statewide and news the economy has not gotten worse, a University of Florida report released today said. UF's Survey Research Center at the Bureau of Economic and Business Research reported a six-point gain in its consumer confidence index to 71 in April. ...more
April 28, 2009
OSI Clarifies Consultant Use OSI Restaurant Partners, the parent of Outback Steakhouse, on Thursday said it has not retained a restructuring adviser, contrary to a national media report. ...more
March 13, 2009
The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week's big gains. ...more
December 2, 2008
Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after two disheartening reports convinced Wall Street that a recession, if not already here, is inevitable. The market's despair - fed by a stream of disheartening economic data - propelled the Dow Jones industrials down 733.08 points to 8,577.91 in its second-largest point loss ever. The major indexes all lost at least 7 percent. ...more
October 16, 2008
Confronted by problems at every turn - rising unemployment, shaky growth, credit troubles and creeping inflation - the Federal Reserve left an important interest rate unchanged, taking a gamble that for now the best move was no move at all. ...more
August 6, 2008
Wall Street barreled higher Wednesday for the second day in a row, giving the Dow Jones industrial average its biggest two-day point gain in five years after a Federal Reserve official hinted that the central bank may lower interest rates again. ...more
November 29, 2007
Four teams entered Tuesday's Sunshine Athletic Conference Tournament with a chance at the title. By midafternoon, two had reached their goal - sort of. ...more
October 10, 2007
Wall Street built on its gains Wednesday as investors bet that cheaper money the Federal Reserve unleashed with its decision to cut interest rates will give a boost to corporate profits and the overall economy. ...more
September 20, 2007
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