SWFL Scoreboard: High School Football Playoffs Round 1Police respond to shots fired at Clewiston Walmart
WINK NEWS SWFL Scoreboard: High School Football Playoffs Round 1 21 Southwest Florida high school football teams were in action in round one of the playoffs trying to keep their state title hopes alive.
CLEWISTON Police respond to shots fired at Clewiston Walmart According to the Clewiston Police Department, an active shooter was present at the Walmart in Clewiston Friday night.
WINK Investigates: Everything we know so far about Beattie Development A southwest Florida developer has now surrendered his six different contracting licenses, which include general contracting, plumbing and roofing. Paul Beattie, owner of Beattie Development cannot build homes anymore. It’s not a permanent situation, but part of a settlement agreement with the state says he’d need to pay $300,000 before he could get a new […]
Florida Attorney General speaks out following lawsuit against FEMA Florida Attorney General Ashley Moody has spoken out following the filing of a lawsuit alleging that a FEMA supervisor directed aid workers to avoid going to homes in Lake Placid that had yard signs supporting Trump.
FORT MYERS BEACH How to increase odds of getting your hurricane insurance claim paid When Hurricane Helene hit Southwest Florida in September followed by Milton, many people’s lives were affected.
lehigh acres 25 students treated for heat exhaustion on Lehigh Sr. High School football field The Tice Fire Department treated around 25 students for heat exhaustion on the Lehigh Senior High School football field.
PUNTA GORDA Punta Gorda pilots speak out on Allegiant Air strike Allegiant Air pilots said they want a new contract, one that’s amendable, fair and, in their words, what they should be paid.
FORT MYERS BEACH Fort Myers Beach couple sues insurance over Hurricane Ian claim In the last two months, southwest Florida experienced a hurricane double punch with Helene and Milton, but for many people out there, it’s still all about Hurricane Ian from 2022.
CAPE CORAL Couple struggling after hurricanes receives $10K from Cape Coral High students A couple who lost everything to Hurricane Milton has received a blessing in more ways than one.
FORT MYERS BEACH FEMA denies extension for business trailers on Fort Myers Beach FEMA has denied an extension for business trailers on Fort Myers Beach.
Mistrial declared in case of former Hendry County deputy A mistrial has been called in the trial of Tyler Williams, a former Hendry County deputy. The court declared the mistrial after the jury could not reach a unanimous verdict on either count in the indictment. Williams was charged with two felonies in federal court in early April 2024, after knocking a handcuffed man unconscious. […]
Examining healthy breast tissue to understand how cancer starts A new approach being researched by scientists has led to the examination of healthy breast tissue to better understand how cancer develops.
Analysts: Charlotte County’s rapid population growth calls for more services Charlotte County’s population has shown unprecedented growth, increasing 5.2% from June 2023 to March 2024.
FORT MYERS Man accused of attempted burglary while nude in Fort Myers; covers head with white cloth The Lee County Sheriff’s Office arrested a man who stands accused of attempted burglary while wearing nothing but a white cloth over his head.
CAPE CORAL Cape Coral man accused of breaking into 6 different businesses A man has been arrested after allegedly breaking into six different businesses in Southeast Cape Coral this month.
WINK NEWS SWFL Scoreboard: High School Football Playoffs Round 1 21 Southwest Florida high school football teams were in action in round one of the playoffs trying to keep their state title hopes alive.
CLEWISTON Police respond to shots fired at Clewiston Walmart According to the Clewiston Police Department, an active shooter was present at the Walmart in Clewiston Friday night.
WINK Investigates: Everything we know so far about Beattie Development A southwest Florida developer has now surrendered his six different contracting licenses, which include general contracting, plumbing and roofing. Paul Beattie, owner of Beattie Development cannot build homes anymore. It’s not a permanent situation, but part of a settlement agreement with the state says he’d need to pay $300,000 before he could get a new […]
Florida Attorney General speaks out following lawsuit against FEMA Florida Attorney General Ashley Moody has spoken out following the filing of a lawsuit alleging that a FEMA supervisor directed aid workers to avoid going to homes in Lake Placid that had yard signs supporting Trump.
FORT MYERS BEACH How to increase odds of getting your hurricane insurance claim paid When Hurricane Helene hit Southwest Florida in September followed by Milton, many people’s lives were affected.
lehigh acres 25 students treated for heat exhaustion on Lehigh Sr. High School football field The Tice Fire Department treated around 25 students for heat exhaustion on the Lehigh Senior High School football field.
PUNTA GORDA Punta Gorda pilots speak out on Allegiant Air strike Allegiant Air pilots said they want a new contract, one that’s amendable, fair and, in their words, what they should be paid.
FORT MYERS BEACH Fort Myers Beach couple sues insurance over Hurricane Ian claim In the last two months, southwest Florida experienced a hurricane double punch with Helene and Milton, but for many people out there, it’s still all about Hurricane Ian from 2022.
CAPE CORAL Couple struggling after hurricanes receives $10K from Cape Coral High students A couple who lost everything to Hurricane Milton has received a blessing in more ways than one.
FORT MYERS BEACH FEMA denies extension for business trailers on Fort Myers Beach FEMA has denied an extension for business trailers on Fort Myers Beach.
Mistrial declared in case of former Hendry County deputy A mistrial has been called in the trial of Tyler Williams, a former Hendry County deputy. The court declared the mistrial after the jury could not reach a unanimous verdict on either count in the indictment. Williams was charged with two felonies in federal court in early April 2024, after knocking a handcuffed man unconscious. […]
Examining healthy breast tissue to understand how cancer starts A new approach being researched by scientists has led to the examination of healthy breast tissue to better understand how cancer develops.
Analysts: Charlotte County’s rapid population growth calls for more services Charlotte County’s population has shown unprecedented growth, increasing 5.2% from June 2023 to March 2024.
FORT MYERS Man accused of attempted burglary while nude in Fort Myers; covers head with white cloth The Lee County Sheriff’s Office arrested a man who stands accused of attempted burglary while wearing nothing but a white cloth over his head.
CAPE CORAL Cape Coral man accused of breaking into 6 different businesses A man has been arrested after allegedly breaking into six different businesses in Southeast Cape Coral this month.
FILE – Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing, March 3, 2022 on Capitol Hill in Washington. The Federal Reserve is poised this week to begin unleashing its most drastic steps in three decades to attack inflation by making it costlier to borrow — for a car, a home, a business deal, a credit card purchase — all of which will compound Americans’ financial strains and likely weaken the economy. The Fed is expected to announce Wednesday, May 3, 2022 that it will begin quickly shrinking its vast stockpile of Treasury and mortgage bonds beginning in June — a move that will have the effect of further tightening credit. (Tom Williams, Pool via AP, File) The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by a half-percentage point Wednesday – its most aggressive move since 2000 – and signaling further large rate hikes to come. The increase in the Fed’s key rate raised it to a range of 0.75% to 1%, the highest point since the pandemic struck two years ago. The Fed also announced that it will start reducing its huge $9 trillion balance sheet, which consists mainly of Treasury and mortgage bonds. Those holdings more than doubled after the pandemic recession hit as the Fed bought trillions in bonds to try to hold down long-term borrowing rates. Reducing the Fed’s holdings will have the effect of further raising loan costs throughout the economy. All told, the Fed’s credit tightening will likely mean higher loan rates for many consumers and businesses over time, including for mortgages, credit cards and auto loans. With prices for food, energy and consumer goods accelerating, the Fed’s goal is to cool spending – and economic growth – by making it more expensive for individuals and businesses to borrow. The central bank hopes that higher borrowing costs will slow spending enough to tame inflation yet not so much as to cause a recession. It will be a delicate balancing act. The Fed has endured widespread criticism that it was too slow to start tightening credit, and many economists are skeptical that it can avoid causing a recession. Inflation, according to the Fed’s preferred gauge, reached 6.6% last month, the highest point in four decades. Inflation has been accelerated by a combination of robust consumer spending, chronic supply bottlenecks and sharply higher gas and food prices, exacerbated by Russia’s war against Ukraine. Starting June 1, the Fed said it would allow up to $48 billion in bonds to mature without replacing them, a pace that would reach $95 billion by September. At September’s pace, its balance sheet would shrink by about $1 trillion a year. Chair Jerome Powell has said he wants to quickly raise the Fed’s rate to a level that neither stimulates nor restrains economic growth. Fed officials have suggested that they will reach that point, which the Fed says is about 2.4%, by year’s end.