Orlando marks 150 years while diversifying economy beyond tourism

As Orlando celebrates 150 years of history, its mayor is looking forward to its future as a destination known for more than just theme parks. “We are much, much more than just tourism,” Orlando Mayor Buddy Dyer told FOX Business, adding that, over the last 20 years, the goal of…

McDonald’s plans to double down on AI globally by 2027

McDonald’s is ramping up its use of artificial intelligence to streamline customer orders and sharpen its business operations, with plans to “double down” on AI investments by 2027, a senior executive said on Friday, according to Reuters.  The fast-food giant currently uses AI to verify orders at 400 restaurants in India, allowing…

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Blue Sky partnership between United Airlines and JetBlue gets approval

United Airlines and JetBlue’s partnership, known as “Blue Sky,” has been cleared for takeoff following a review by the U.S. Department of Transportation (USDOT).  “Blue Sky is a new and unique collaboration designed to give customers of both airlines even more options to find flights…

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Avelo Airlines closing West Coast base at Hollywood Burbank Airport

Avelo Airlines, a budget carrier based in Texas, on Monday said it will shut down its West Coast operations at Hollywood Burbank Airport amid financial challenges. Avelo will reduce its operations at the airport to one aircraft until Dec. 2 before closing its Southern California base, which currently serves 13…

GE Vernova adds M to modernize Pennsylvania electric grid infrastructure

GE Vernova, the energy spin-off of GE, is investing an additional $80 million in its flagship grid solutions factory in Pennsylvania over the next two years to modernize the electric grid and meet growing demand. The investment will create 250 jobs at the leading grid solutions factory in Charleroi. It…

Southern cities dominate America’s fastest-growing metro areas, study finds

The South hosts a substantial number of the metro areas experiencing the fastest growth in the U.S. That’s according to a recently released report from LendingTree that determined eight of America’s 10 “biggest boomtowns” were located in the south, with Texas and Florida leading the way. Four different states within the South…

Powell requests IG review of costly Fed headquarters .5B project

Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to review the renovation of its historic headquarters in Washington, which Trump officials have seized on as a new way of criticizing the Fed’s operations amid a push to compel Powell’s resignation. Over the weekend, Powell reportedly asked Federal Reserve…

Fed official says US economy doesn’t see immediate need for interest rate cuts

A member of the Federal Reserve Board of Governors on Monday said that the U.S. economy is “really healthy” and that there isn’t currently a need to cut interest rates barring a deterioration in the labor market amid uncertainty over the impact of tariffs on inflation. Federal Reserve Bank of Cleveland…

Mexican tomato tariff sparks debate between US growers and importers

Farm groups and Republican lawmakers are sounding the alarm over a 21% tariff that goes into effect on Monday that hits fresh tomato imports from Mexico, threatening to shake up a North American supply chain that provides billions of pounds of tomatoes to U.S. consumers each year. At the heart…

Median property tax hits ,500 as 73% of US homeowners face increases

Property taxes are one of the most significant ongoing expenses homeowners face. The taxes are meant to fund local government services such as infrastructure, schools, and other essential systems. The specific fee is calculated based on a home’s value and its location, though the amount can vary annually based on…

Weakening dollar stretches vacation budgets despite summer airfare savings

The decline in the value of the U.S. dollar this year has made Americans’ vacations abroad more expensive than in recent years, which could stretch travelers’ budgets more than anticipated. So far in 2025, the U.S. dollar has declined about 10% relative to a basket of popular foreign currencies, according to The…

Director of FHFA, Bill Pulte, suggests Jerome Powell is considering resigning

A Trump administration official on Friday suggested that Federal Reserve Chair Jerome Powell is reportedly considering resigning. Federal Housing Finance Agency Director Bill Pulte – a vocal critic of Powell who has backed President Donald Trump’s efforts to pressure the central bank into interest rate cuts – released a statement…