360-degree storm documentation: A closer look at Hurricane Ian’s aftermath FGCU catcher Neely Peterson returns to Gainesville for NCAA Tournament
West Palm Beach 360-degree storm documentation: A closer look at Hurricane Ian’s aftermath At the Governor’s Conference exhibit hall, Dylan Faraone, Regional Director of Mosaic, showcased his work using a 360-degree camera mounted on his car to document the aftermath of major storms, including Hurricane Ian’s impact on southwest Florida.
GAINESVILLE FGCU catcher Neely Peterson returns to Gainesville for NCAA Tournament FGCU catcher Neely Peterson returns to Gainesville, where she fell in love with the sport again playing for Santa Fe College.
CAPE CORAL Do we need a federal gun database for mental illness? One family says yes One family is on a mission to create a new national gun database. It would require medical professionals to enter mental health information.
CAPE CORAL Suspect in custody after a North Fort Myers family loses everything in a fire Their investigation led them to the area of Hancock Bridge Parkway in Cape Coral. The Lee County Sheriff’s Office confirmed a suspect from the Bogart Drive incident is in custody.
FORT MYERS Deadly motorcycle crash shuts down roads on Fowler and Winkler Ave. Fort Myers Police Department has confirmed that a motorcyclist has died in a crash on Fowler and Winkler Avenue on Thursday.
Sarasota How well does a diverging diamond really work? The Sarasota diverging diamond is located at Interstate 75 and University Parkway. It was put in to alleviate heavy traffic.
FORT MYERS RSW experiencing terminal expansion delay Lee County commissioners gave us an update on the RSW terminal expansion project, which is long overdue. Now we know why.
IMMOKALEE National Weather Service surveys storm damage in Immokalee The National Weather Service in Miami concluded after a survey the damage wasn’t from a tornado. It was from a downburst of straight-line wind between 60 – 70 mph.
SANIBEL Sanibel considering e-bike changes Biking is almost as common as driving on Sanibel, and the city’s Parks and Recreation Advisory Committee wants to keep that trend going.
CAPE CORAL Family of victim sues Lee County School District, claiming it failed to protect student Family sued Lee County School District for failing to keep their student safe.
CAPE CORAL Former Cape Coral teacher who sent inappropriate pictures to student reaches plea deal Reynolds’ plea agreement includes 12 years in prison followed by an additional 96 months of probation.
BONITA SPRINGS 12 vehicle crash shuts down all lanes of I-75 near MM 116 Bonita Springs firefighters are working the scene. Tow trucks are helping to get the affected vehicles off the road.
IMMOKALEE Strong storms cause wind damage in Immokalee, power outages reported Powerful storms leading to flood advisories and severe thunderstorm warnings have been impacting Southwest Florida for most of Thursday.
NAPLES Busy summer on horizon for top SWFL recruit The wide receiver has more than 30 offers from NCAA Division I programs, the majority of which are in power five conferences.
Port Authority, Lee County to work together on terminal expansion project A delay of at least a year in finishing the Southwest Florida International Airport terminal expansion construction project prompted elected officials to make a change.Â
West Palm Beach 360-degree storm documentation: A closer look at Hurricane Ian’s aftermath At the Governor’s Conference exhibit hall, Dylan Faraone, Regional Director of Mosaic, showcased his work using a 360-degree camera mounted on his car to document the aftermath of major storms, including Hurricane Ian’s impact on southwest Florida.
GAINESVILLE FGCU catcher Neely Peterson returns to Gainesville for NCAA Tournament FGCU catcher Neely Peterson returns to Gainesville, where she fell in love with the sport again playing for Santa Fe College.
CAPE CORAL Do we need a federal gun database for mental illness? One family says yes One family is on a mission to create a new national gun database. It would require medical professionals to enter mental health information.
CAPE CORAL Suspect in custody after a North Fort Myers family loses everything in a fire Their investigation led them to the area of Hancock Bridge Parkway in Cape Coral. The Lee County Sheriff’s Office confirmed a suspect from the Bogart Drive incident is in custody.
FORT MYERS Deadly motorcycle crash shuts down roads on Fowler and Winkler Ave. Fort Myers Police Department has confirmed that a motorcyclist has died in a crash on Fowler and Winkler Avenue on Thursday.
Sarasota How well does a diverging diamond really work? The Sarasota diverging diamond is located at Interstate 75 and University Parkway. It was put in to alleviate heavy traffic.
FORT MYERS RSW experiencing terminal expansion delay Lee County commissioners gave us an update on the RSW terminal expansion project, which is long overdue. Now we know why.
IMMOKALEE National Weather Service surveys storm damage in Immokalee The National Weather Service in Miami concluded after a survey the damage wasn’t from a tornado. It was from a downburst of straight-line wind between 60 – 70 mph.
SANIBEL Sanibel considering e-bike changes Biking is almost as common as driving on Sanibel, and the city’s Parks and Recreation Advisory Committee wants to keep that trend going.
CAPE CORAL Family of victim sues Lee County School District, claiming it failed to protect student Family sued Lee County School District for failing to keep their student safe.
CAPE CORAL Former Cape Coral teacher who sent inappropriate pictures to student reaches plea deal Reynolds’ plea agreement includes 12 years in prison followed by an additional 96 months of probation.
BONITA SPRINGS 12 vehicle crash shuts down all lanes of I-75 near MM 116 Bonita Springs firefighters are working the scene. Tow trucks are helping to get the affected vehicles off the road.
IMMOKALEE Strong storms cause wind damage in Immokalee, power outages reported Powerful storms leading to flood advisories and severe thunderstorm warnings have been impacting Southwest Florida for most of Thursday.
NAPLES Busy summer on horizon for top SWFL recruit The wide receiver has more than 30 offers from NCAA Division I programs, the majority of which are in power five conferences.
Port Authority, Lee County to work together on terminal expansion project A delay of at least a year in finishing the Southwest Florida International Airport terminal expansion construction project prompted elected officials to make a change.Â
Traders work on the floor at the New York Stock Exchange in New York. Credit: AP Wall Street is holding relatively steady Friday after data suggested the U.S. job market is still warm enough to keep the economy growing but maybe not so hot that it stokes inflation much higher. The S&P 500 was little changed in late morning trading. The Dow Jones Industrial Average was down 61 points, or 0.2%, at 33,860, as of 11:20 a.m. Eastern time, and the Nasdaq composite was 0.2% higher. A lot is riding on whether the economy can navigate the narrow pathway to avoid a long-predicted recession. It needs to keep growing despite much higher interest rates instituted by the Federal Reserve to bring down inflation. But it can’t grow so quickly that the Fed feels pressure to brake much harder on the economy to prevent inflation from spiraling higher. Friday’s report showed U.S. employers added 209,000 jobs last month, a slowdown from May’s hiring of 306,000. Perhaps more importantly, it wasn’t far off economists’ expectations. That’s unlike a report from Thursday, which sent stocks dropping after it suggested U.S. hiring could be much stronger than expected. Besides the slowdown in overall hiring, some numbers underneath the report’s surface also showed some loosening in the job market. More people are working part-time because their hours have been cut, for example, said Brian Jacobsen, chief economist at Annex Wealth Management. “The job market is healthy, for now, but it’s not red hot,” he said. That could keep the Federal Reserve on the course it’s been hinting at recently: perhaps two more increases this year before the Fed holds rates at a high level to ensure inflation returns to its 2% target. The wide assumption on Wall Street is the Fed will hike rates in three weeks at its next meeting. Treasury yields were mixed following the much anticipated jobs data. The 10-year Treasury yield rose to 4.04% from 4.03% late Thursday. It helps set rates for mortgages and other important loans. The two-year yield, which moves more on expectations for the Fed, fell to 4.92% from 5.00%. Some concerning signals for inflation were also still embedded in the report. Wage growth held steady last month, instead of slowing as economists expected, for example. While workers would rather have the 4.4% gain in average hourly earnings from a year earlier than the 4.2% that was predicted, Wall Street’s fear is the Fed will see too-strong wage growth as keeping upward pressure on inflation. Yields are already around their highest levels since March, which was when high rates helped trigger three failures in the U.S. banking system that rattled confidence across financial markets. High rates have also caused pain in other areas of the economy, from manufacturing to housing. Bank stocks were rising Friday amid relief that the jobs report wasn’t much stronger than expected, like Thursday’s more limited payroll report was. JPMorgan Chase rose 1% and was one of the strongest forces pushing upward on the S&P 500. Smaller banks that have been under heavy scrutiny as Wall Street hunts for other potential weak links were also climbing. PacWest Bancorp gained 3%. Stocks of smaller companies also rose more than the rest of the market. Not only do investors see them as moving more closely with the strength of the U.S. economy than big multinational companies, smaller stocks are also viewed as benefiting more from easier interest rates. The Russell 2000 index of smaller stocks rose 1.5%. On the losing side of Wall Street was Levi Strauss, which tumbled 7% despite reporting slightly stronger profit for the latest quarter than analysts expected. It cut its forecasted range for earnings for the full year, as its U.S. wholesale business remains under pressure. Costco Wholesale fell 1.3% after reporting its growth in sales slowed in June from May. Higher yields are helping to pull the S&P 500 toward a loss of 0.8% for the week. That would be just its second losing week in the last eight. In stock markets abroad, indexes continued to sink in China, where a recovery in the world’s second-largest economy is slower than hoped following the removal of anti-COVID restrictions. Hong Kong’s Hang Seng fell 0.9%, and stocks in Shanghai slipped 0.3%. U.S. Treasury Secretary Janet Yellen was also in Beijing attempting to ease tensions between the world’s two largest economies. Yellen is meeting with senior Chinese officials to try to soothe antagonism and promote global financial stability. Speaking with business people, she criticized China’s treatment of U.S. companies and new export controls on metals used in semiconductors, while defending U.S. controls on technology exports that irk Beijing, saying they’re needed for national security. In Europe, stocks were mixed. Germany’s DAX returned 0.5%, and the FTSE 100 in London fell 0.3%.