Local Business
Monday, August 24, 2026 · Florida
Study: Most Americans Believe Brands Overcharge Amid Inflation
A recent Omnisend study reveals 85% of Americans think brands use inflation as an excuse for higher prices. This perception correlates with 56% of consumers reportedly stopping purchases from previously favored brands.
Tribal Gaming Regulator Lacks Chairperson Amid Industry Growth
The National Indian Gaming Commission, responsible for a $46 billion tribal gambling industry, faces operational challenges without a chairperson. This leadership vacancy occurs as tribal gaming revenue reached a record high in 2023.
Monday, August 24, 2026
U.S. 30-Year Mortgage Rate Reaches Highest Point in a Year
The average rate for a 30-year fixed-rate mortgage in the U.S. climbed to 6.66% this week. This figure marks the highest level recorded in the past 12 months.
Monday, August 24, 2026
Mortgage Rates Reach One-Year High
The average rate for a 30-year fixed mortgage reached 6.66 percent on Thursday. This marks the highest level recorded in a year. Analysts point to international conflict and inflation concerns as factors.
Monday, August 24, 2026
U.S. Economy Grows 1.5% Amid Persistent Inflation
The U.S. economy expanded at a 1.5% annual rate in the second quarter. Inflation continued to exceed the central bank's 2% target, impacting household finances.
Monday, August 24, 2026
PortMiami's $345M Expansion Supercharges Florida Trade Hub
PortMiami is transforming into a global powerhouse with multimillion-dollar cruise and cargo upgrades set to double traffic by 2035. From Royal Caribbean's new mega-terminal to cutting-edge AI cargo tech, the port promises jobs and economic boom for South Florida. Officials hail it as a game-changer for Florida's trade dominance.
Monday, August 24, 2026
Orlando Home Prices Dip Amid Surge in Inventory, Defying Earlier Surge Hype
Central Florida's red-hot housing demand has cooled, with Orlando median home values dropping 3.5% year-over-year to $374,136 as of March 2026. Record inventory levels are flooding the market, giving buyers more leverage after years of price spikes. Experts point to exploding supply in Orange, Osceola, and Lake counties as the key driver behind the shift.[1][3]
Monday, August 24, 2026
Florida Spring Break Draws Record Crowds, Fuels Tourism Boom
Florida's beaches are packed as spring break 2026 shatters records, pumping billions into coastal economies from Miami to Pinellas County. Hotel bookings in Miami Beach surged 38%, with average rates topping $640 a night amid fewer arrests and family-friendly reforms. Officials eye even bigger gains from the upcoming FIFA World Cup.
Monday, August 24, 2026
UF Startups Deploy AI Drones to Battle Florida Citrus Greening
As Florida's citrus production hits its lowest in 80 years, University of Florida startups are fusing AI and aerospace tech for drone-based grove monitoring. This partnership aims to help growers detect and fight citrus greening faster amid the industry's $9 billion crisis. Hope is rising for the Sunshine State's iconic orange groves.
Monday, August 24, 2026
Orlando Office Vacancies Hit 8% Low as Tech Surge Fuels Demand
Central Florida's office market is booming with vacancy rates dropping to 8% amid a tech expansion led by giants like EA Sports. Class A spaces are in hot demand, signaling a robust recovery for Orlando's commercial real estate. Local expansions and leasing activity point to sustained growth through 2026.
Monday, August 24, 2026
PortMiami Crushes Q1 2026 Passenger Record, Fuels Miami Boom
PortMiami welcomed over 1.2 million cruise passengers in the first quarter of 2026, shattering records and injecting a 15% tourism surge into South Florida's economy. From megaships like Icon of the Seas to new arrivals, the 'Cruise Capital of the World' is busier than ever. Local businesses from Miami Beach to the Design District are reaping the rewards.
Monday, August 24, 2026
Publix Surges Ahead: 2026 Florida Expansion Unveils Mega Stores, Jobs Boom
Publix Super Markets is charging into 2026 with a flurry of new Florida stores, from a towering Mega Publix in North Miami to amenity-packed locations in St. Augustine and beyond. These openings promise hundreds of jobs and economic lifelines for booming communities. As the Lakeland-based chain cements its Sunshine State dominance, residents gear up for fresher groceries and fuller shelves.
Monday, August 24, 2026
Orlando Luxury Condos Defy Cooling Market with Projected Surge
Amid Central Florida's shifting real estate landscape, downtown Orlando's high-rise luxury condos are poised for 3-10% price gains in 2026, bucking broader cooling trends. Investor confidence rides on population influx and urban appeal near Lake Eola. Experts forecast steady demand despite rising inventory.
Monday, August 24, 2026
Florida Tourism Hits 143.3M Visitors in 2025 as Cruise Boom Accelerates
Florida's tourism engine roared into 2025 with record-breaking momentum, welcoming 143.3 million visitors and generating $133.6 billion in economic impact as cruise bookings from Miami and Port Canaveral reached unprecedented levels. The surge, driven by a 13.9% explosion in cruise passenger arrivals, is positioning the state for another blockbuster year after shattering tourism records in 2024.
Monday, August 24, 2026