News

Florida Unemployment May Top 8 Percent

Florida could lose a total of 315,000 jobs by 2010 with unemployment rising as high as 8.4 percent, a University of Central Florida economist projected Thursday. Sean Snaith, director of UCF’s Institute for Economic Competitiveness, forecasts that unemployment will peak…

Budget Woes and Special Session

TALLAHASSEE — Not even the rosiest of glasses appear able to soften the glare as lawmakers face a $2.3 billion hole in the current year budget and a worse financial conundrum in the year to come. Senate President Jeff Atwater…

Pension Fund down by $40B

TALLAHASSEE — The value of the state pension fund has plummeted by more than $40 billion since last year in light of an economic maelstrom that has caused the state's investments to greatly decrease in value. Right now, the losses…

PSC Study: Utilities Could Meet Energy Goals

TALLAHASSEE — Florida's utilities could feasibly increase the amount of renewable energy they produce by 20 percent by the year 2020, as called for by Gov. Charlie Crist and environmental groups, according to a study presented Wednesday to the Florida…

Jolly Bay sues Walton County

FREEPORT — Landowner Jolly Bay LLC has sued Walton County seeking to reverse the county commission’s decision to deny its project.   The planned development, which would include a recreational vehicle park, a bed & breakfast, a 73-unit condominium, a…

State Economy at 'Beginning of the Pain'

TALLAHASSEE — The Legislature's chief economist this week said the numbers to be released Friday on the state's fiscal outlook won't be pretty and lawmakers will be forced into some tough decisions in the coming year. At a presentation for…