Alleged sexual abuse victims of Port Charlotte priest comes forwardPort Charlotte priest accused of sexual abuse appears in court
SARASOTA Alleged sexual abuse victims of Port Charlotte priest comes forward Father Riley worked at three churches in Charlotte County and another in Naples. On Friday, new allegations emerged from a news conference in Sarasota.
PORT CHARLOTTE Port Charlotte priest accused of sexual abuse appears in court A priest accused of sexually abusing four altar boys in Iowa nearly 40 years ago returned to Charlotte County court.
Alamo Drafthouse Cinema prepares for opening at Mercato The newest movie theater in Southwest Florida opens April 29, and it does so with an array of entertainment offerings that go beyond the usual options across the region.
Let’s Waffle opens in Cape Coral Let’s Waffle is one of two businesses the Feix family launched locally, with the FMS Florida Boat Tours and Limousine Service owned and operated by Feix’s husband, Alexander.
Planned Punta Gorda hotel, pub, brewery faces construction delay Kevin Doyle, owner of Celtic Ray Public House Irish pub in downtown Punta Gorda, and his partner, S4 Global Investments, were found in violation of the city’s exposed soils code.
Three Sisters Spring Toast the manatee released by FWC, SeaWorld and Casey DeSantis near Crystal River A manatee named Toast was released back into the Florida waters after a final medical evaluation from wildlife officials.
CAPE CORAL Cape Coral Man arrested and charged with over 90 counts of fraud The Cape Coral Police Department arrested a man for allegedly stealing items from a business and then pawning them.
Man accused of pulling gun on someone ordering at Collier County Dunkin’ Donuts drive-thru A man has been arrested after allegedly pulling a gun on someone ordering at a Dunkin’ Donuts drive-thru in Collier County.
League Club of Naples awards record $683K in grants to Collier, Lee nonprofits At a mid-April breakfast event, the 35 area nonprofit agencies—chosen from a record number of applicants—were awarded grants from the women’s volunteer organization in areas ranging from arts education, to fighting hunger and homelessness, to providing bikes and wheelchairs to children in need
Tim Aten Knows: Chick-fil-A drive-thru proposal faces criticism in Naples Chick-fil-A is proposing a drive-thru restaurant at the site of the former Red Lobster restaurant on U.S. 41 in Naples, but the project is facing early criticism.
Man convicted for murder of 17-year-old girl will be in court for resentencing A convicted man will be in court for resentencing for a murder that he committed as a teenager almost 20 years ago.
NAPLES Friday’s Furry Friends: Holly, Slim For this week’s Friday’s Furry Friends, WINK visits the Collier County Domestic Animal Services to showcase two adorable animals ready to be adopted.
FORT MYERS Caught on Camera: Dust Devil spotted spiraling in Fort Myers A dust devil was spotted and recorded by a WINK News viewer on Hanson Street in Fort Myers.
Warm, dry and breezy Friday afternoon The Weather Authority is tracking a comfortable Friday morning start with dry and breezy afternoon conditions expected.
NAPLES Event held in Naples for National Crime Victims Week The City of Naples and Project HELP held an event in Baker Park for National Crime Victims Week.
SARASOTA Alleged sexual abuse victims of Port Charlotte priest comes forward Father Riley worked at three churches in Charlotte County and another in Naples. On Friday, new allegations emerged from a news conference in Sarasota.
PORT CHARLOTTE Port Charlotte priest accused of sexual abuse appears in court A priest accused of sexually abusing four altar boys in Iowa nearly 40 years ago returned to Charlotte County court.
Alamo Drafthouse Cinema prepares for opening at Mercato The newest movie theater in Southwest Florida opens April 29, and it does so with an array of entertainment offerings that go beyond the usual options across the region.
Let’s Waffle opens in Cape Coral Let’s Waffle is one of two businesses the Feix family launched locally, with the FMS Florida Boat Tours and Limousine Service owned and operated by Feix’s husband, Alexander.
Planned Punta Gorda hotel, pub, brewery faces construction delay Kevin Doyle, owner of Celtic Ray Public House Irish pub in downtown Punta Gorda, and his partner, S4 Global Investments, were found in violation of the city’s exposed soils code.
Three Sisters Spring Toast the manatee released by FWC, SeaWorld and Casey DeSantis near Crystal River A manatee named Toast was released back into the Florida waters after a final medical evaluation from wildlife officials.
CAPE CORAL Cape Coral Man arrested and charged with over 90 counts of fraud The Cape Coral Police Department arrested a man for allegedly stealing items from a business and then pawning them.
Man accused of pulling gun on someone ordering at Collier County Dunkin’ Donuts drive-thru A man has been arrested after allegedly pulling a gun on someone ordering at a Dunkin’ Donuts drive-thru in Collier County.
League Club of Naples awards record $683K in grants to Collier, Lee nonprofits At a mid-April breakfast event, the 35 area nonprofit agencies—chosen from a record number of applicants—were awarded grants from the women’s volunteer organization in areas ranging from arts education, to fighting hunger and homelessness, to providing bikes and wheelchairs to children in need
Tim Aten Knows: Chick-fil-A drive-thru proposal faces criticism in Naples Chick-fil-A is proposing a drive-thru restaurant at the site of the former Red Lobster restaurant on U.S. 41 in Naples, but the project is facing early criticism.
Man convicted for murder of 17-year-old girl will be in court for resentencing A convicted man will be in court for resentencing for a murder that he committed as a teenager almost 20 years ago.
NAPLES Friday’s Furry Friends: Holly, Slim For this week’s Friday’s Furry Friends, WINK visits the Collier County Domestic Animal Services to showcase two adorable animals ready to be adopted.
FORT MYERS Caught on Camera: Dust Devil spotted spiraling in Fort Myers A dust devil was spotted and recorded by a WINK News viewer on Hanson Street in Fort Myers.
Warm, dry and breezy Friday afternoon The Weather Authority is tracking a comfortable Friday morning start with dry and breezy afternoon conditions expected.
NAPLES Event held in Naples for National Crime Victims Week The City of Naples and Project HELP held an event in Baker Park for National Crime Victims Week.
FILE – In this Dec. 1, 2020 file photo, Federal Reserve Chair Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington. Federal Reserve officials were convinced last month that the U.S. economy and job growth had slowed as coronavirus cases surged across the country. They noted that the economy’s outlook is heavily dependent on the course of the virus. (Al Drago/The New York Times via AP, Pool) Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon. “The economic recovery remains uneven and far from complete, and the path ahead is highly uncertain,” Powell said in testimony to the Senate Banking Committee. Powell’s comments are in contrast to the increasing optimism among many analysts that the economy will grow rapidly later this year. That outlook has also raised concerns, though, about a potential surge in inflation and has fueled a sharp increase in longer-term interest rates this year. Most economists say they think the Fed’s continued low rates, further government financial aid and progress in combating the viral pandemic could create a mini-economic boom as soon as this summer. Powell acknowledged the potential for a healthier economy. But he stressed the personal hardships caused by the pandemic, especially for unemployed Americans. “As with overall economic activity, the pace of improvement in the labor market has slowed,” Powell said. “Although there has been much progress in the labor market since the spring, millions of Americans remain out of work.” Powell’s focus on the economy’s challenges reflects his reluctance to send any signal that the Fed is considering pulling back on its efforts to boost economic growth and hiring. The Fed cut its benchmark short-term interest rate to nearly zero last March in response to the pandemic recession. It is also purchasing $120 billion a month in bonds in an effort to hold down longer-term rates. Powell reiterated that those purchases will continue until “substantial progress” has been made toward the Fed’s goals of low unemployment and stable inflation at about 2% annually. The economy may improve rapidly later this year, Powell said, “but the job is not done yet, the job is not done.” Powell also downplayed concerns about rising longer-term interest rates and potentially higher inflation, which some analysts worry will result from a burst of spending and growth if the pandemic is brought under control later this year. The Fed chair also refused to endorse or condemn President Joe Biden’s $1.9 trillion economic rescue package, which is beginning to make its way through Congress. When asked by Sen. John Kennedy, R-La., if he would “be cool” with Congress approving or voting down Biden’s proposal, Powell said, “By either being cool or uncool, I would have to be expressing an opinion. … which I’m not doing.” Powell has previously endorsed government spending in general to offset the impact of the recession. The Fed chair also acknowledged that prices could rise later this year if Americans engage in a burst of spending as the coronavirus comes under control. But Powell emphasized that he doesn’t expect sustained price increases. Inflation has been held down for decades by greater international competition, growing online commerce, and other trends that take time to change, he said. “I do not expect that we’ll be in a situation where inflation rises to troublesome levels,” Powell said. Powell’s remarks to the Banking Committee are coming on the first of two days of semiannual testimony to Congress that is required by law. On Wednesday, he will testify to the House Financial Services Committee. His testimony comes as the economy is showing gradual improvement in key areas, with manufacturing and retail sales rebounding despite a stagnant job market. Still, the steady rise in interest rates has unsettled the stock market. On Monday, the tech-heavy Nasdaq index tumbled a steep 2.5% as the yield on the 10-year Treasury note surged to nearly 1.37%. At the start of the year, the 10-year yield was below 1%. Powell attributed that increase to optimism about a potential acceleration in growth. “In a way it’s a statement of confidence on the part of markets that we will have a robust recovery,” Powell said. Rising rates typically reflect optimism that the economy is poised to expand more quickly. But they can also weaken growth, especially if the Fed were to respond to rising inflation by raising its benchmark rate faster than markets expect. For now, interest rates remain, by historical standards, exceedingly low. As recently as the fall of 2018, for example, the 10-year yield briefly topped 3%. But especially since the pandemic recession paralyzed the economy last spring, the economy and the markets have drawn strength from near-record-low borrowing rates. Many analysts are bullish about the prospects for this year, once more vaccines are administered, the pandemic is brought under control and further government rescue aid works its way through the economy. On Monday, Michelle Meyer, an economist at Bank of America, raised her forecast for growth this year to 6.5%. That would be the strongest calendar year economy growth since 1984. Still, the job market remains essentially stalled, with employers adding an average of just 30,000 jobs a month in the past three months. The economy is still about 10 million jobs short of its pre-pandemic level.