March inflation drops to lowest point in more than 3 years

Consumer prices fell 0.1% in March, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS). This is the first monthly drop since July 2022. Annual inflation increased 2.4% compared to a 2.8% increase registered in February. Core inflation, which excludes volatile energy and food…

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FAA selects 8 proposals for eVTOL aircraft pilot program in 26 states

The Federal Aviation Administration (FAA) announced Monday that it selected eight proposals for a new pilot program testing new advanced air mobility and electric vertical takeoff and landing (eVTOL) aircraft in 26 states. Transportation Secretary Sean Duffy and the FAA unveiled the pilot program, known as…

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US reverses 5-year economic freedom decline with largest increase since 2001

The U.S. reversed a five-year decline in the Heritage Foundation’s Index of Economic Freedom with its biggest annual increase in the index in over two decades, FOX Business can exclusively reveal. America’s economic freedom score rose by 2.6 points from a year ago to 72.8, which ranks 22nd among the more…

Florida restaurateur on Helene: ‘It’s an absolute gut punch’

Café L’Europe, one of the oldest buildings in St. Armands Circle, in Sarasota, Florida, has been flooded four times in the past 18 months. “That last one from Helene completely wiped out the restaurant. Every piece of equipment is ruined… It was gut-wrenching,” John Horne, CEO of Oysters Rock Hospitality,…

Lowe’s aids small businesses hammered by hurricanes ahead of holidays

Lowe’s plans to provide millions in financial support to small businesses in North Carolina that were hit hard by Hurricane Helene, helping them recover during the holiday season after federal relief temporarily dried up. The $2.5 million fund will provide grants directly to small businesses in the state. It will…

Prince George’s County council limits convenience store density

The Prince George’s County council in the state of Maryland recently voted 10-0 in favor of enacting a measure limiting how densely convenience stores can be packed together in the area. Council Member Krystal Oriadha said in October that there is a problem with “overconcentration” of the stores.”They call themselves…

Florida citrus production impacted by recent hurricanes after damage to farms

Florida oranges are harder to come by after recent hurricanes impacted production at farms across the state. The U.S. Department of Agriculture predicts the state’s citrus season, which runs from October to June on average, will be worse than last year.Florida is expected to produce 12 million 90-pound boxes of…

Small business optimism soars in anticipation of Trump 2.0

The anticipation of Donald Trump returning to the White House sparked a surge of optimism on Main Street, according to multiple post-election surveys. The National Federation of Independent Business’ (NFIB) latest Small Business Optimism Index jumped 8 points to 101.7 in November, with the election results indicating a significant shift…

Small business optimism soars in anticipation of Trump 2.0

America’s small business owners are feeling better about the economy than they have in six years, in anticipation of President-elect Trump returning to the White House. The National Federation of Independent Business’ (NFIB) latest Small Business Optimism Index jumped 3.4 points to 105.1 in December, the highest reading since October…

Crime-ridden New York City in 1975 inspires gin brand’s bottle design, branding

A Long Island-based liquor brand drew inspiration from a 1975 crime-ridden New York City to introduce consumers to a dark and gritty yet refined product that was unique among spirits. In a propaganda campaign, plainclothes New York law enforcement officers approached tourists with pamphlets titled “Welcome to Fear City: A…

More craft beer breweries are shutting down than opening up

DENVER – For the first time, more craft beer breweries are shutting down than opening up. Breweries and taprooms are dealing with rising supply costs while demand for beer is slipping, according to the Brewers Association.Bart Watson is the president and chief executive officer of the Brewers Association. Watson said…