Biden’s student loan relief won’t fuel inflation, Wall Street says

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, […]

Judge unseals redacted affidavit used to justify Trump search warrant

A federal judge has unsealed a redacted version of the affidavit that was used to justify the search warrant executed earlier this month at former President Donald Trump’s residence at Mar-a-Lago. Last week, federal Magistrate Judge Bruce Reinhart ordered the Justice Department to provide him with proposed redactions to the affidavit — which likely includes […]

J. Alexander’s Restaurant replacing Buca di Beppo in North Naples

In this Gulfshore Business report, developers are sweeping across Southwest Florida changing the landscape. It’s out with the old and in with the new, especially in Collier County. After 20 years, the Bucco Di Beppo restaurant off U.S. 41, just south of Vanderbilt Beach Road is gone. Coming next spring is a J. Alexanders, renovations […]

What’s a Pell Grant? How it affects student loan forgiveness

President Biden’s student loan forgiveness program announced on Wednesday aims to provide $10,000 in student debt cancellation for millions of Americans. But for federal Pell Grant recipients, that amount is even higher: $20,000 So what exactly is a Pell Grant? And why is there a special benefit for people who got one? Created by the […]

To the moon! NASA tests new rocket, 50 years after Apollo

Years late and billions over budget, NASA’s new moon rocket makes its debut next week in a high-stakes test flight before astronauts get on top. The 322-foot (98-meter) rocket will attempt to send an empty crew capsule into a far-flung lunar orbit, 50 years after NASA’s famed Apollo moonshots. If all goes well, astronauts could […]

Hundreds attend memorial for Miami-Dade officer Cesar ‘Echy’ Echaverry

Hundreds of law enforcement officers from South Florida and other jurisdictions gathered at loanDepot park Wednesday morning for memorial services for Miami-Dade police officer Cesar Echaverry, who was killed last week in the line of duty. Officers could be seen lining the path of the hearse, blocking streets and saluting the hearse as it proceeded […]

Biden administration moves to codify DACA, shield it from legal challenges

The Biden administration on Wednesday finalized a rule to transform the Deferred Action for Childhood Arrivals (DACA) immigration policy for more than 600,000 so-called “Dreamers” into federal regulation, a move aimed at protecting the program from legal challenges that imperil its existence. The 453-page rule by the Department of Homeland Security (DHS) is set to […]

Uvalde school police chief fired for response to shooting

The Uvalde school district has fired police chief Pete Arredondo under mounting pressure in the grieving Texas town to punish officers over the law enforcement response to the deadly elementary school massacre in which a man armed with an AR-15-style rifle remained in a fourth-grade classroom for more than an hour, killing 19 children and […]

25-year-old Floridian wins primary, could become first Gen Z congressman

A 25-year-old Florida man with Cuban roots running on a platform of more gun laws, better health care and an improved focus on environmental justice might be headed to Congress. CBS News projects that Maxwell Frost, who ran for a House seat in Florida’s 10th Congressional District, dominated a crowded Democratic primary with more than […]

Judge invalidates bogus claims in Surfside condo collapse

Hundreds of bogus claims that sought a share of the $1.1 billion settlement in the deadly collapse of a Surfside condominium building were ruled as fraudulent and invalid by a judge Wednesday. More than 450 presumably false claims, most seeking about $50,000, were filed in the court settlement arising from the June 2021 collapse of […]