SWFL Scoreboard: High School Football Regional SemifinalsLarge response to rollover crash in Fort Myers
WINK NEWS SWFL Scoreboard: High School Football Regional Semifinals It’s the regional semifinal round of high school football in Southwest Florida. Check out the scores and highlights.
FORT MYERS Large response to rollover crash in Fort Myers There was a large response to a multi-car crash with a rollover in Fort Myers just after 8 p.m on Friday night.
FORT MYERS BEACH New information on why FEMA put Fort Myers Beach on probation FEMA was sure to lay it out in a letter. Out of the five points listed, three areas need work on Fort Myers Beach to re-apply for the flood insurance discount.
CAPE CORAL Exclusive: Cape Coral Police Chief speaks out on hate crime incident New exclusive surveillance video shows the moment a Cape Coral home is vandalized. The suspects painted racial slurs on the wall in red paint. WINK News broke this story on Wednesday.
CAPE CORAL New police precincts coming to Cape Coral The Cape Coral Police Department is adding new precincts around the city. The reason? Growth.
Vietnam veteran’s unique service animal companion When we think of service animals, dogs usually come to mind, but it’s not just dogs that help people navigate through their challenges.
NAPLES Gulfshore Life’s Men and Women of the Year award honoree: John Cooney It’s one thing to be philanthropic and help our community. It’s another to provide so much help and want absolutely nothing in return, not even your name mentioned.
FORT MYERS Dunbar High principal named Lee County Principal of the Year Carl Burnside was the last to find out Friday morning that he was selected as Lee County Schools Principal of the Year for 2025.
FORT MYERS BEACH Fort Myers Beach businesses excited for increased season traffic Those on Fort Myers Beach are excited for the town to return to normal. Businesses are ready to accept snowbirds and residents again.
CAPE CORAL Mom faces DUI charge after crash during pick-up at Oasis High School A crash in the pick-up line at Oasis High School led Cape Coral police to a DUI investigation.
Rethinking daily Asprin intake Many of us have heard the saying, “An aspirin a day keeps the doctor away,” but new research shows that taking aspirin every day might not be as good for you as we once thought.
NAPLES Embezzlement investigation in Naples WINK News is looking into claims of embezzlement in the Naples government.
NORTH FORT MYERS Where did the Shell Factory animals go? With the closure of The Shell Factory in September, people have been wondering where the animals went.
Tim Aten Knows: Publix to demolish, rebuild Naples store Two days after Thanksgiving, the 38-year-old Publix supermarket in Neapolitan Way Plaza will close to begin a Naples redevelopment project that has been planned for years.
Planned retail, lifestyle center seeking tenants at Babcock Ranch A new 112,000-square-foot mixed-use complex designed for retail shops, restaurants, bars, office space and residential units is planned for Babcock Ranch. Called B Street at Babcock Ranch, there are approximately 20 parties negotiating leases, said Jon Cashion, a principal with commercial real estate agency Katz & Associates. A groundbreaking ceremony is slated for early 2025, […]
WINK NEWS SWFL Scoreboard: High School Football Regional Semifinals It’s the regional semifinal round of high school football in Southwest Florida. Check out the scores and highlights.
FORT MYERS Large response to rollover crash in Fort Myers There was a large response to a multi-car crash with a rollover in Fort Myers just after 8 p.m on Friday night.
FORT MYERS BEACH New information on why FEMA put Fort Myers Beach on probation FEMA was sure to lay it out in a letter. Out of the five points listed, three areas need work on Fort Myers Beach to re-apply for the flood insurance discount.
CAPE CORAL Exclusive: Cape Coral Police Chief speaks out on hate crime incident New exclusive surveillance video shows the moment a Cape Coral home is vandalized. The suspects painted racial slurs on the wall in red paint. WINK News broke this story on Wednesday.
CAPE CORAL New police precincts coming to Cape Coral The Cape Coral Police Department is adding new precincts around the city. The reason? Growth.
Vietnam veteran’s unique service animal companion When we think of service animals, dogs usually come to mind, but it’s not just dogs that help people navigate through their challenges.
NAPLES Gulfshore Life’s Men and Women of the Year award honoree: John Cooney It’s one thing to be philanthropic and help our community. It’s another to provide so much help and want absolutely nothing in return, not even your name mentioned.
FORT MYERS Dunbar High principal named Lee County Principal of the Year Carl Burnside was the last to find out Friday morning that he was selected as Lee County Schools Principal of the Year for 2025.
FORT MYERS BEACH Fort Myers Beach businesses excited for increased season traffic Those on Fort Myers Beach are excited for the town to return to normal. Businesses are ready to accept snowbirds and residents again.
CAPE CORAL Mom faces DUI charge after crash during pick-up at Oasis High School A crash in the pick-up line at Oasis High School led Cape Coral police to a DUI investigation.
Rethinking daily Asprin intake Many of us have heard the saying, “An aspirin a day keeps the doctor away,” but new research shows that taking aspirin every day might not be as good for you as we once thought.
NAPLES Embezzlement investigation in Naples WINK News is looking into claims of embezzlement in the Naples government.
NORTH FORT MYERS Where did the Shell Factory animals go? With the closure of The Shell Factory in September, people have been wondering where the animals went.
Tim Aten Knows: Publix to demolish, rebuild Naples store Two days after Thanksgiving, the 38-year-old Publix supermarket in Neapolitan Way Plaza will close to begin a Naples redevelopment project that has been planned for years.
Planned retail, lifestyle center seeking tenants at Babcock Ranch A new 112,000-square-foot mixed-use complex designed for retail shops, restaurants, bars, office space and residential units is planned for Babcock Ranch. Called B Street at Babcock Ranch, there are approximately 20 parties negotiating leases, said Jon Cashion, a principal with commercial real estate agency Katz & Associates. A groundbreaking ceremony is slated for early 2025, […]
Although President Biden’s student loan relief program has plenty of upsides for borrowers, critics are raising concerns the landmark initiative could hurt the economy by fanning the hottest U.S. inflation in 40 years. Wall Street’s message to Main Street: Don’t worry, because the impact of the student debt relief program on inflation will be small, and perhaps not even measurable. Their forecasts come as some critics are sounding the alarm about the program’s impact on prices, which have surged in the past year amid strong consumer demand and supply-chain bottlenecks. In their view, wiping out billions in debt for the nation’s more than 40 million student-loan borrowers will fuel consumer spending, making it more difficult to bring inflation to heel. But Wall Street economists think the impact will be tempered by student loan repayments restarting in January. And the average student debt load is about $36,000, which means that Biden’s plan only covers a portion of the typical borrower’s outstanding loans. The program will reduce student debt balances by about $400 billion and shave payments from about 0.4% to 0.3% of personal income, Goldman Sachs analysts Joseph Briggs and Alec Phillips said Thursday in a research note. Total outstanding student debt in the U.S. is about $1.7 trillion, which means the loan forgiveness will erase fewer than one-quarter of outstanding balances. “The aggregate effects from such an income boost would be small, however, with the level of GDP increasing by about 0.1% in 2023 with smaller effects in subsequent years. We would expect the effects on inflation to be similarly small,” they noted. Bank of America economists agreed, noting that resuming student loan repayments will offset the relief from loan forgiveness. “A dampened wealth effect and no alteration in the near-term path for disposable income lead us to leave our near-term outlook for personal spending unchanged,” they said in a report. “In turn, we leave our outlook for growth and inflation unchanged as well.” To be sure, not every economist is so sanguine. “[T]he commonsense view that the plan provides a direct benefit to borrowers is correct,” Harvard University economist Jason Furman, former chair of the Council of Economic Advisers under President Obama, wrote on Twitter. “But economists & analysts need to use that same perspective to understand what the indirect costs are for others. Inflation is one of them.” Furman warned in another tweet that the debt-relief program will be “[p]ouring roughly half trillion dollars of gasoline on the inflationary fire that is already burning,” calling it “reckless.” In sum, the commonsense view that the plan provides a direct benefit to borrowers is correct. It is helping many & not hurting any. But economists & analysts need to use that same perspective to understand what the indirect costs are for others. Inflation is one of them. ā Jason Furman (@jasonfurman) August 25, 2022 In their view, the impact of millions of households with additional income will likely drive up prices at a time when food, housing and other costs are already sharply higher. Even so, some economists point out that the reason for student debt relief should focus on the good it will provide to millions of households, not merely on dry economic figures. “Whatever you think about student debt cancellation, inflation worries shouldn’t drive the policy, as some people seem to be arguing,” wrote Nobel laureate economist Joseph Stiglitz on Twitter. “What next? Eliminate food stamps as a way to fight inflation?”