Man arrested after road rage incident in Collier CountyBiden and Trump agree to 2 presidential debates, in June and in September
Man arrested after road rage incident in Collier County A Naples man has been arrested after deputies say he struck another vehicle on the road and fled the scene.
WASHINGTON (AP) Biden and Trump agree to 2 presidential debates, in June and in September President Joe Biden and former President Donald Trump on Wednesday agreed to hold two campaign debates — the first on June 27 hosted by CNN and the second on Sept. 10 hosted by ABC — setting the stage for the first presidential face-off in just weeks.
FORT MYERS Dump truck knocks down power wires over Deleon Street, causing hours-long closure A dump truck knocked down power wires on Deleon Street, forcing a road closure and causing temporary outages in the surrounding area in Fort Myers.
GOLDEN GATE Woman arrested for stabbing boyfriend in the buttocks in Golden Gate Collier County Sheriff’s Office deputies have arrested a woman for allegedly stabbing her boyfriend several times in his behind.
clearwater Gov. DeSantis cancels news conference in Clearwater due to weather Due to severe weather in Northern Florida, Gov. Ron DeSantis had to cancel a news conference in Clearwater.
Tableside American-Romanian restaurant launches in North Naples Tableside Restaurant opened in the 2,225-square-foot space that most recently was Alpine Restaurant for more than 10 years and, initially, was Bajio Mexican Grill in the Galleria Shoppes at Vanderbilt on the corner of Airport-Pulling and Vanderbilt Beach roads.
WINK NEWS Man accused of causing bus crash that killed 8 held without bond; 6 victims identified The man accused of causing a bus crash that killed eight people and injured 40 others in Marion County is being held without bond.
Charlotte tourism revenue to help fund Waterfest To help launch the event in prior years, the county gave in-kind funding of $50,000, thinking that eventually it would be self-sustaining.
WINK NEWS Tractor-trailer overturned on I-75N, traffic moved off-shoulder A tractor-trailer has overturned on I-75 North near mile marker 135, closing all lanes of traffic in Lee County.
PRAGUE (AP) Slovakian prime minister in life-threatening condition after being shot, his Facebook profile says Slovakia’s populist Prime Minister Robert Fico is in life-threatening condition after being wounded in a shooting after a political event.
MARCO ISLAND Scheduled bridge work on Marco Island to reduce lanes An evaluation on a bridge will impact Marco Island’s traffic beginning Thursday, closing down one lane.
PUNXSUTAWNEY, Pa. (AP) Punxsutawney Phil’s babies are named Shadow and Sunny. Just don’t call them the heirs apparent Punxsutawney Phil’s offspring now have names that just might help the famed weather-forecasting groundhog to predict when spring will begin.
lehigh acres Vehicle crash involving deputy car in Lehigh Acres A vehicle crash involving a Lee County deputy and another car has occurred in Lehigh Acres.
the weather authority Hot and breezy with scattered rain and storms this afternoon and evening The Weather Authority is tracking a warm and humid Wednesday morning with isolated storms expected for the afternoon.
Man arrested after road rage incident in Collier County A Naples man has been arrested after deputies say he struck another vehicle on the road and fled the scene.
WASHINGTON (AP) Biden and Trump agree to 2 presidential debates, in June and in September President Joe Biden and former President Donald Trump on Wednesday agreed to hold two campaign debates — the first on June 27 hosted by CNN and the second on Sept. 10 hosted by ABC — setting the stage for the first presidential face-off in just weeks.
FORT MYERS Dump truck knocks down power wires over Deleon Street, causing hours-long closure A dump truck knocked down power wires on Deleon Street, forcing a road closure and causing temporary outages in the surrounding area in Fort Myers.
GOLDEN GATE Woman arrested for stabbing boyfriend in the buttocks in Golden Gate Collier County Sheriff’s Office deputies have arrested a woman for allegedly stabbing her boyfriend several times in his behind.
clearwater Gov. DeSantis cancels news conference in Clearwater due to weather Due to severe weather in Northern Florida, Gov. Ron DeSantis had to cancel a news conference in Clearwater.
Tableside American-Romanian restaurant launches in North Naples Tableside Restaurant opened in the 2,225-square-foot space that most recently was Alpine Restaurant for more than 10 years and, initially, was Bajio Mexican Grill in the Galleria Shoppes at Vanderbilt on the corner of Airport-Pulling and Vanderbilt Beach roads.
WINK NEWS Man accused of causing bus crash that killed 8 held without bond; 6 victims identified The man accused of causing a bus crash that killed eight people and injured 40 others in Marion County is being held without bond.
Charlotte tourism revenue to help fund Waterfest To help launch the event in prior years, the county gave in-kind funding of $50,000, thinking that eventually it would be self-sustaining.
WINK NEWS Tractor-trailer overturned on I-75N, traffic moved off-shoulder A tractor-trailer has overturned on I-75 North near mile marker 135, closing all lanes of traffic in Lee County.
PRAGUE (AP) Slovakian prime minister in life-threatening condition after being shot, his Facebook profile says Slovakia’s populist Prime Minister Robert Fico is in life-threatening condition after being wounded in a shooting after a political event.
MARCO ISLAND Scheduled bridge work on Marco Island to reduce lanes An evaluation on a bridge will impact Marco Island’s traffic beginning Thursday, closing down one lane.
PUNXSUTAWNEY, Pa. (AP) Punxsutawney Phil’s babies are named Shadow and Sunny. Just don’t call them the heirs apparent Punxsutawney Phil’s offspring now have names that just might help the famed weather-forecasting groundhog to predict when spring will begin.
lehigh acres Vehicle crash involving deputy car in Lehigh Acres A vehicle crash involving a Lee County deputy and another car has occurred in Lehigh Acres.
the weather authority Hot and breezy with scattered rain and storms this afternoon and evening The Weather Authority is tracking a warm and humid Wednesday morning with isolated storms expected for the afternoon.
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.