Former NFL star Tre Boston gives back to hometown of Fort Myers for ThanksgivingHoliday Cheer: Send letters to Santa at Sunshine Ace Hardware
FORT MYERS Former NFL star Tre Boston gives back to hometown of Fort Myers for Thanksgiving Boston was joined by members of the Lehigh Senior High School Football team to help deliver 800 turkeys to those in need.
WINK NEWS Holiday Cheer: Send letters to Santa at Sunshine Ace Hardware Sunshine Ace Hardware will be serving as a drop-off location for any children looking to mail their holiday wish lists to the North Pole.
FORT MYERS BEACH Sand, sweat, and precision: Final day of sculpting on Fort Myers Beach Sunday was the final day of the 34th annual American Sand Sculpting Championship, hosted on Fort Myers Beach.
WINK Neighborhood Watch: Illegal gun possession, Kate Spade theft and deadly crash This week’s segment of WINK Neighborhood Watch features a gun possessed by a person with felony convictions, a Kate Spade thief and a man arrested for causing a crash that killed a man on Alligator Alley.
NORTH FORT MYERS 1 dead and 1 critically injured in double shooting in North Fort Myers The Lee County Sheriff’s Office responded to a reported shooting in North Fort Myers on Saturday.
CAPE CORAL Cape Coral looking to increase their FEMA flood insurance discount The City of Cape Coral got good news from FEMA; the 25% flood insurance discount is staying in place for the next three years.
Cool start, mild afternoon with lots of sunshine on this Sunday The Weather Authority says Sunday started off even slightly cooler than Saturday morning, with temperatures in the 40s and 50s across the area.
CAPE CORAL Community rallies behind hate crime victims and cleans the home After Cape Coral homeowners fell victim to vandals who destroyed their home with racist and hateful slurs, the community is rallying together to get the home back to its original state. WINK News broke this story on Wednesday. RELATED: Cape Coral home vandalized; homeowner calls it a “hate crime” On Friday, Cape Coral Police Chief Anthony […]
FGCU FGCU volleyball wins fourth straight ASUN Tournament title The FGCU volleyball team beat Lipscomb in three sets to claim the program’s fourth straight ASUN Tournament title.
FORT MYERS Fort Myers community comes together for Thanksgiving turkey giveaway This time of year is especially stressful for people who are struggling financially. Adding all the holiday expenses on top of rent, food and basic necessities can leave people feeling anxious and off balance.
FORT MYERS Driver arrested after fleeing police, causing multi-car crash in Fort Myers The Fort Myers Police Department has arrested a man accused of causing a multi-car crash in Fort Myers.
Chilly morning and a cool Saturday afternoon with lots of sunshine The Weather Authority says the weekend is starting off nice and chilly, with temperatures in the 40s and 50s across Southwest Florida.
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 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.
FORT MYERS Former NFL star Tre Boston gives back to hometown of Fort Myers for Thanksgiving Boston was joined by members of the Lehigh Senior High School Football team to help deliver 800 turkeys to those in need.
WINK NEWS Holiday Cheer: Send letters to Santa at Sunshine Ace Hardware Sunshine Ace Hardware will be serving as a drop-off location for any children looking to mail their holiday wish lists to the North Pole.
FORT MYERS BEACH Sand, sweat, and precision: Final day of sculpting on Fort Myers Beach Sunday was the final day of the 34th annual American Sand Sculpting Championship, hosted on Fort Myers Beach.
WINK Neighborhood Watch: Illegal gun possession, Kate Spade theft and deadly crash This week’s segment of WINK Neighborhood Watch features a gun possessed by a person with felony convictions, a Kate Spade thief and a man arrested for causing a crash that killed a man on Alligator Alley.
NORTH FORT MYERS 1 dead and 1 critically injured in double shooting in North Fort Myers The Lee County Sheriff’s Office responded to a reported shooting in North Fort Myers on Saturday.
CAPE CORAL Cape Coral looking to increase their FEMA flood insurance discount The City of Cape Coral got good news from FEMA; the 25% flood insurance discount is staying in place for the next three years.
Cool start, mild afternoon with lots of sunshine on this Sunday The Weather Authority says Sunday started off even slightly cooler than Saturday morning, with temperatures in the 40s and 50s across the area.
CAPE CORAL Community rallies behind hate crime victims and cleans the home After Cape Coral homeowners fell victim to vandals who destroyed their home with racist and hateful slurs, the community is rallying together to get the home back to its original state. WINK News broke this story on Wednesday. RELATED: Cape Coral home vandalized; homeowner calls it a “hate crime” On Friday, Cape Coral Police Chief Anthony […]
FGCU FGCU volleyball wins fourth straight ASUN Tournament title The FGCU volleyball team beat Lipscomb in three sets to claim the program’s fourth straight ASUN Tournament title.
FORT MYERS Fort Myers community comes together for Thanksgiving turkey giveaway This time of year is especially stressful for people who are struggling financially. Adding all the holiday expenses on top of rent, food and basic necessities can leave people feeling anxious and off balance.
FORT MYERS Driver arrested after fleeing police, causing multi-car crash in Fort Myers The Fort Myers Police Department has arrested a man accused of causing a multi-car crash in Fort Myers.
Chilly morning and a cool Saturday afternoon with lots of sunshine The Weather Authority says the weekend is starting off nice and chilly, with temperatures in the 40s and 50s across Southwest Florida.
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 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.
FILE: Federal Reserve Chair Jerome Powell (Credit: Thomas Trutschel/Photothek/Getty via CNN/FILE) The Federal Reserve kept its key interest rate unchanged Wednesday after having raised it 10 straight times to combat high inflation. But in a surprise move, the Fed signaled that it may raise rates twice more this year, beginning as soon as next month. The Fed’s move to leave its benchmark rate at about 5.1%, its highest level in 16 years, suggests that it believes the much higher borrowing rates it’s engineered have made some progress in taming inflation. But top Fed officials want to take time to more fully assess how their rate hikes have affected inflation and the economy. “Holding the target rate steady at this meeting allows the committee to assess additional information and its implications” for the Fed’s policies, the central bank said in a statement. The central bank’s 18 policymakers envision raising their key rate by an additional half-point this year, to about 5.6%, according to economic forecasts they issued Wednesday. The economic projections revealed a more hawkish Fed than many analysts had expected. Twelve of the 18 policymakers forecast at least two more quarter-point rate increases. Four supported a quarter-point increase. Only two envisioned keeping rates unchanged. The policymakers also predicted that their benchmark rate will stay higher for longer than they envisioned three months ago. One reason why the officials may be predicting additional rate hikes is that they foresee a modestly healthier economy and more persistent inflation that might require higher rates to cool. Their updated forecasts show them predicting economic growth of 1% for 2023, an upgrade from their meager 0.4% forecast in March. And the officials expect “core” inflation, which excludes volatile food and energy prices, of 3.9% by year’s end, higher than they expected three months ago. Immediately after the Fed’s announcement, which followed its latest policy meeting, stocks sank and Treasury yields surged. The yield on the two-year Treasury note, which tends to track market expectations for future Fed actions, jumped from 4.62% to 4.77%. The Fed’s aggressive streak of rate hikes, which have made mortgages, auto loans, credit cards and business borrowing costlier, have been intended to slow spending and defeat the worst bout of inflation in four decades. Mortgage rates have surged, and average credit card rates have surpassed 20% to a record high. The central bank’s rate hikes have coincided with a steady drop in consumer inflation, from a peak of 9.1% last June to 4% as of May. But excluding volatile food and energy costs, so-called core inflation remains chronically high. Core inflation was 5.3% in May compared with 12 months earlier, well above the Fed’s 2% target. Powell and other top policymakers have also indicated that they want to assess how much a pullback in bank lending might be weakening the economy. Banks have been slowing their lending — and demand for loans has fallen — as interest rates have risen. Some analysts have expressed concern that the collapse of three large banks last spring could cause nervous lenders to sharply tighten their loan qualifications. The Fed has raised its benchmark rate by a substantial 5 percentage points since March of last year — the fastest pace of increases in 40 years. “Skipping” a rate hike at this week’s meeting might have been the most effective way for Powell to unite a fractious policymaking committee. The 18 members of the committee have appeared divided between those who favor one or two more rate hikes and those who would like to leave the Fed’s key rate where it is for at least a few months and see whether inflation further moderates. This group is concerned that hiking too aggressively would heighten the risk of causing a deep recession. In an encouraging sign, inflation data that the government issued this week showed that most of the rise in core prices reflected high rents and used car prices. Those costs are expected to ease later this year. Wholesale used car prices, for example, fell in May, raising the prospect that retail prices will follow suit. And rents are expected to ease in the coming months as new leases are signed with milder price increases. Those lower prices, though, will take time to feed into the government’s measure. The economy has so far fared better than the central bank and most economists had expected at the beginning of the year. Companies are still hiring at a robust pace, which has helped encourage many people to keep spending, particularly on travel, dining out and entertainment.