American flag recovered, returned after fire at Christ at the Crossroads ChurchBarnes & Noble launches new bookstore in Naples
Lehigh Acres American flag recovered, returned after fire at Christ at the Crossroads Church From the flames of ruin comes hope as the Lehigh Acres Fire Control and Rescue District returns a valuable item to Christ at the Crossroads Church.
Barnes & Noble launches new bookstore in Naples Finding it worth the wait, scores of patrons stood in line to be among the first to experience Naples’ new Barnes & Noble bookstore Jan. 29, six months after the chain closed its longtime store at Waterside Shops.
Trump administration offering “deferred resignation” to government workers unwilling to return to office The White House expects up to 10% of federal employees to quit in September in a program meant to end work-from-home practices, senior administration officials told CBS News.
Charlotte County land acquisition could expand Parkside area Charlotte County Commissioners voted Jan. 28 to purchase a 158-acre golf club that was damaged by Hurricane Ian for $3 million and later discussed making the land part of the Parkside neighborhood.
PORT CHARLOTTE FPL installs underground power lines in Charlotte County Losing power during a storm can be frustrating, and now, the mission to bury power lines to prevent outages is full speed ahead.
Naples biochar company to receive county incentives, expand to Immokalee A clean technology company that turns clean, green wood debris into an environmentally friendly charcoal product will receive Collier County job incentives to create 14 new jobs once it builds a headquarters in Immokalee.
CAPE CORAL Woman accused of stealing from Cape Coral Target, possessing multiple drugs A woman has been arrested after allegedly committing retail thefts at a Cape Coral Target, then later being found in possession of drugs.
FORT MYERS Gov. DeSantis holds roundtable in Fort Myers Florida Gov. Ron DeSantis is set to hold a roundtable discussion in Fort Myers.
CAPE CORAL Cape Coral starting construction on traffic light on Del Prado The City of Cape Coral is starting construction Wednesday on a new traffic signal at Del Prado Boulevard North and Averill Boulevard.
the weather authority Seasonal temperatures for your Wednesday afternoon plans The Weather Authority is tracking a seasonal Wednesday with increased cloud coverage throughout the afternoon.
Web Exclusive: Rachel Cox-Rosen’s Construction Heads Up As construction may dampen your commute, WINK News traffic anchor Rachel Cox Rosen knows the best way to traverse the roadways in this web-exclusive feature.
NORTH FORT MYERS Animal cruelty investigation launched after cat shot with BB gun Authorities in Lee County are investigating a case of animal cruelty after a beloved feral cat was found injured by a BB gun pellet.
FORT MYERS Lee County 18-year-old caught on camera during car burglary spree An 18-year-old man is in jail after deputies say he went through a neighborhood breaking into cars and stealing items.
FORT MYERS FGCU men’s basketball team visits pediatric cancer patients The Eagles visited pediatric cancer patients at Golisano Children’s Hospital as part of Coaches vs. Cancer week.
Florida House and Senate approve new immigration bill It took four and a half hours of back-and-forth debates for the Florida Senate to vote and pass the immigration bill.
Lehigh Acres American flag recovered, returned after fire at Christ at the Crossroads Church From the flames of ruin comes hope as the Lehigh Acres Fire Control and Rescue District returns a valuable item to Christ at the Crossroads Church.
Barnes & Noble launches new bookstore in Naples Finding it worth the wait, scores of patrons stood in line to be among the first to experience Naples’ new Barnes & Noble bookstore Jan. 29, six months after the chain closed its longtime store at Waterside Shops.
Trump administration offering “deferred resignation” to government workers unwilling to return to office The White House expects up to 10% of federal employees to quit in September in a program meant to end work-from-home practices, senior administration officials told CBS News.
Charlotte County land acquisition could expand Parkside area Charlotte County Commissioners voted Jan. 28 to purchase a 158-acre golf club that was damaged by Hurricane Ian for $3 million and later discussed making the land part of the Parkside neighborhood.
PORT CHARLOTTE FPL installs underground power lines in Charlotte County Losing power during a storm can be frustrating, and now, the mission to bury power lines to prevent outages is full speed ahead.
Naples biochar company to receive county incentives, expand to Immokalee A clean technology company that turns clean, green wood debris into an environmentally friendly charcoal product will receive Collier County job incentives to create 14 new jobs once it builds a headquarters in Immokalee.
CAPE CORAL Woman accused of stealing from Cape Coral Target, possessing multiple drugs A woman has been arrested after allegedly committing retail thefts at a Cape Coral Target, then later being found in possession of drugs.
FORT MYERS Gov. DeSantis holds roundtable in Fort Myers Florida Gov. Ron DeSantis is set to hold a roundtable discussion in Fort Myers.
CAPE CORAL Cape Coral starting construction on traffic light on Del Prado The City of Cape Coral is starting construction Wednesday on a new traffic signal at Del Prado Boulevard North and Averill Boulevard.
the weather authority Seasonal temperatures for your Wednesday afternoon plans The Weather Authority is tracking a seasonal Wednesday with increased cloud coverage throughout the afternoon.
Web Exclusive: Rachel Cox-Rosen’s Construction Heads Up As construction may dampen your commute, WINK News traffic anchor Rachel Cox Rosen knows the best way to traverse the roadways in this web-exclusive feature.
NORTH FORT MYERS Animal cruelty investigation launched after cat shot with BB gun Authorities in Lee County are investigating a case of animal cruelty after a beloved feral cat was found injured by a BB gun pellet.
FORT MYERS Lee County 18-year-old caught on camera during car burglary spree An 18-year-old man is in jail after deputies say he went through a neighborhood breaking into cars and stealing items.
FORT MYERS FGCU men’s basketball team visits pediatric cancer patients The Eagles visited pediatric cancer patients at Golisano Children’s Hospital as part of Coaches vs. Cancer week.
Florida House and Senate approve new immigration bill It took four and a half hours of back-and-forth debates for the Florida Senate to vote and pass the immigration bill.
Credit: via CBS News. The price of gold surged to an all-time high on Monday. Some experts pointed to the worsening of U.S.-China trade and political tensions. Others cited growing investor concerns that an economic recovery from the coronavirus pandemic might be weakening in the U.S. and elsewhere. But the jump in gold prices is highly unusual because stock prices have also surged recently after dropping in early March as coronavirus began to spread in the U.S. Gold is usually seen as a safe haven when stocks are falling or when inflation is rising. Neither of those two things are happening right now. Nonetheless, gold spiked $40.60 to a record $1,938.10 per ounce in a sign that nervous investors were looking for safe havens to park their money. When adjusted for inflation, gold prices were actually higher in September 2011. Prices peaked back then before later losing one-third of their value by December 2013. To hit an inflation-adjusted high, gold would have to rise another 10%, or $200, to $2,135. Stocks markets around the world have have regained most of this year’s losses, but forecasters warn the stock rebound might have been too big and too early as virus case numbers rise in the United States and some other economies. And the jump in gold prices seems to suggest that some investors agree with those negative forecasts — and are seeking ports in the storm to park their money. Bitcoin, the extremely volatile cryptocurrency that some proponents and marketers claim is safe from inflation, has also risen recently, crossing $10,000 for the first time in nearly a year. Why gold is shining The latest increase in gold prices also came as diplomatic tensions between the U.S. and China are rising. The Trump administration told Beijing last week to close its consulate in Houston. China responded by ordering the closure of the U.S. consulate in the southwestern city of Chengdu. Investors also are worried about a rise in U.S. layoffs as spiking coronavirus infections cause more businesses to shut down. Extra unemployment benefits expire this week. Congress has yet to agree on more economic aid. All that has increased uncertainty about the direction of the economy. And uncertainty is often seen as good for gold prices. “The current environment with U.S. dollar weakness, Covid-19 crisis and increased US-Sino tensions has the potential to move [gold] prices further up and to test the $2,000 mark,” Hans Gunther Ritter, the head of trading for Heraeus Precious Metals, said in a statement. “There is still growth potential for gold allocations in investment portfolios as interests remain low for longer. To some degree gold replaces the US dollar, which typically benefits during a crisis.” Beware fool’s gold It’s worth remembering during the latest gold rush that Warren Buffett, the billionaire investor and CEO of insurance conglomerate Berkshire Hathaway, has long warned investors against buying gold. The prices of stocks and U.S. houses have risen faster over time than gold. Buffett has called investors who buy gold when the price is rising, even during times of uncertainty, “foolish.” The Associated Press contributed to this report.