SOUTHWEST FLORIDA Third eaglet hatches in famous SWFL eagle nest Welcome E24! The third eaglet from the nest of M15 and F23 has hatched according to the Southwest Florida eagle camera.
lehigh acres LCSO: Lehigh Acres shooting investigation underway The Lee County Sheriff’s Office responded to a shooting in Lehigh Acres early Saturday morning.
Rock for Equality: SWFL non-profit hosts benefit concert for Palestine A Southwest Florida non-profit hosted a benefit concert on Friday night to help with humanitarian aid in Palestine.
Warm, breezy Saturday with a few showers possible The Weather Authority is forecasting a breezy, warm weekend in store across Southwest Florida, with the chance of a few showers, particularly on Saturday.
CAPE CORAL Active investigation underway in South Cape Coral Cape Coral police are investigating at a home on Southwest 49th Terrace in South Cape Coral early Saturday morning.
16 transported after 2 airboats crash in Collier County According to the Collier County Sheriff’s Office, two airboats crashed south of U.S. 41 east between mile markers 74 and 75, leaving well over a dozen people injured.
SOUTHWEST FLORIDA New bill filed: Auto shop and law enforcement must work together to solve hit-and-run crashes There could be new detectives on the block, located in your nearest auto shop. A new state bill aims at trying to stop hit-and-run drivers from getting away.
CAPE CORAL New leash on life; Cape Coral shelter dog beats cancer with drug being tested for humans A drug now being studied in human trials to kill cancerous tumors, is already approved and helping animals.
CAPE CORAL City of Cape Coral planning a new interchange with I-75 The city of Cape Coral is in the early stages of planning a new interchange with I-75, an idea that has been discussed for more than a decade.
Tracking invasive species after hurricanes Hurricanes Helene and Milton didn’t just bring wind and rain, they brought new threats to southwest Florida’s ecosystem.
PUNTA GORDA Woman in Punta Gorda shooting charged with 2nd degree murder A woman in a homicide investigation on Nasturtium Drive in Punta Gorda has been charged with 2nd-degree murder.
Lee County mother continuing fight to get children a bus stop The school district already told her she lives too close to the school to qualify for a bus route but she has not given up.
NORTH NAPLES Grant Thornton Invitational returns to Tiburon Golf Club Stars on the PGA and LPGA Tours are back in Southwest Florida for the Grant Thornton Invitational at Tiburon Golf Club.
FORT MYERS Black Flag brings classic punk energy to The Ranch in Fort Myers Legendary punk band Black Flag made their mark in Southwest Florida during the Fort Myers stop of their “First Four Years” tour.
Charlotte Technical College breaks ground on aviation facility The Charlotte County School District is flying high and keeping its “Space Academy” designation with a new aviation training facility for students.
SOUTHWEST FLORIDA Third eaglet hatches in famous SWFL eagle nest Welcome E24! The third eaglet from the nest of M15 and F23 has hatched according to the Southwest Florida eagle camera.
lehigh acres LCSO: Lehigh Acres shooting investigation underway The Lee County Sheriff’s Office responded to a shooting in Lehigh Acres early Saturday morning.
Rock for Equality: SWFL non-profit hosts benefit concert for Palestine A Southwest Florida non-profit hosted a benefit concert on Friday night to help with humanitarian aid in Palestine.
Warm, breezy Saturday with a few showers possible The Weather Authority is forecasting a breezy, warm weekend in store across Southwest Florida, with the chance of a few showers, particularly on Saturday.
CAPE CORAL Active investigation underway in South Cape Coral Cape Coral police are investigating at a home on Southwest 49th Terrace in South Cape Coral early Saturday morning.
16 transported after 2 airboats crash in Collier County According to the Collier County Sheriff’s Office, two airboats crashed south of U.S. 41 east between mile markers 74 and 75, leaving well over a dozen people injured.
SOUTHWEST FLORIDA New bill filed: Auto shop and law enforcement must work together to solve hit-and-run crashes There could be new detectives on the block, located in your nearest auto shop. A new state bill aims at trying to stop hit-and-run drivers from getting away.
CAPE CORAL New leash on life; Cape Coral shelter dog beats cancer with drug being tested for humans A drug now being studied in human trials to kill cancerous tumors, is already approved and helping animals.
CAPE CORAL City of Cape Coral planning a new interchange with I-75 The city of Cape Coral is in the early stages of planning a new interchange with I-75, an idea that has been discussed for more than a decade.
Tracking invasive species after hurricanes Hurricanes Helene and Milton didn’t just bring wind and rain, they brought new threats to southwest Florida’s ecosystem.
PUNTA GORDA Woman in Punta Gorda shooting charged with 2nd degree murder A woman in a homicide investigation on Nasturtium Drive in Punta Gorda has been charged with 2nd-degree murder.
Lee County mother continuing fight to get children a bus stop The school district already told her she lives too close to the school to qualify for a bus route but she has not given up.
NORTH NAPLES Grant Thornton Invitational returns to Tiburon Golf Club Stars on the PGA and LPGA Tours are back in Southwest Florida for the Grant Thornton Invitational at Tiburon Golf Club.
FORT MYERS Black Flag brings classic punk energy to The Ranch in Fort Myers Legendary punk band Black Flag made their mark in Southwest Florida during the Fort Myers stop of their “First Four Years” tour.
Charlotte Technical College breaks ground on aviation facility The Charlotte County School District is flying high and keeping its “Space Academy” designation with a new aviation training facility for students.
Credit cards could be impacted by the interest rate hike. (CREDIT: WINK News) Get ready to pay more – AGAIN. The Federal Reserve raised its key interest rate by a quarter-point to the highest level in 16 years to 5.25 percent. But there is a glimmer of hope in all this. The Fed also signaled that it may now pause the streak of 10 rate hikes that have made borrowing for consumers and businesses steadily more expensive. Money. (Credit: CBS News) In a statement after its latest policy meeting, the Fed said that while the banking system is “sound and resilient,” the upheaval in the financial system could slow borrowing, spending and growth. It reiterated that the impact of pullback in bank lending “remains uncertain.” The Fed’s rate increases over the past 14 months have more than doubled mortgage rates, elevated the costs of auto loans, credit card borrowing and business loans and heightened the risk of a recession. Home sales have plunged as a result. Yet the Fed’s efforts have only partly succeeded in taming the worst inflation bout in four decades, and the surge in rates has contributed to the collapse of three large banks and turmoil in the banking industry. All three failed banks had bought long-term bonds that paid low rates and then rapidly lost value as the Fed sent rates higher. WASHINGTON, DC – FEBRUARY 12: Federal Reserve Board Chairman Jerome Powell testifies during a hearing on “The Semiannual Monetary Policy Report to the Congress,” in front of the Senate Banking, Housing and Urban Affairs Committee in the Dirksen Senate Office Building on February 12, 2020 in Washington, DC. (Photo by Sarah Silbiger/Getty Images) The banking upheaval might have played a role in the Fed’s decision Wednesday to consider a pause. Chair Jerome Powell had said in March that a cutback in lending by banks, to shore up their finances, could act as the equivalent of a quarter-point rate hike in slowing the economy. Fed economists have estimated that tighter credit resulting from the bank failures will contribute to a “mild recession” later this year, thereby raising the pressure on the central bank to suspend its rate hikes.