Business

/

ArcaMax

Carline Jean/South Florida Sun Sentinel/TNS

Most Citizens Insurance customers in South Florida could see rates fall by more than 11% in 2026

Business / Business News /

Most customers of state-owned Citizens Property Insurance Corp. could see significant rate decreases in 2026.

The company is recommending an average 2.6% statewide rate decrease for personal lines accounts beginning on June 1, the start of hurricane season.

Across the state, a projected 463,096 policyholders would save an average of $359 ...Read more

Jim Watson/AFP/Getty Images North America/TNS

Fed cuts rates with three dissents, projects one cut in 2026

Business / Business News /

Federal Reserve officials delivered a third consecutive interest-rate reduction and maintained their outlook for just one cut in 2026.

The Federal Open Market Committee voted 9-3 Wednesday to lower the benchmark federal funds rate by a quarter point to a range of 3.5%-3.75%. It also subtly altered the wording of its statement suggesting greater...Read more

Allison Robbert/AFP/Getty Images North America/TNS

Federal workforce's toll after a year of DOGE and Trump: 317,000

Business / Business News /

The number of federal employees who left their jobs in 2025 will total about 317,000, according to the Office of Personnel Management, after efforts by Elon Musk and the Trump administration to reshape the government workforce.

In the most detailed official accounting to date, OPM Director Scott Kupor said Wednesday in a post on X that the ...Read more

AMAZON PRESS RELEASE/TNS

Amazon bets on color and AI with its priciest Kindle to date

Business / Business News /

Amazon.com Inc.’s new Kindle Scribe Colorsoft is the company’s most serious effort yet to turn its e-reader into a productivity tool. But with a starting price of $630 — making it the priciest Kindle yet — Amazon will need to persuade even its most loyal readers that the upgrade is worth it.

The device, which went on sale starting in ...Read more

David Guralnick/The Detroit News/TNS

Report: Michigan's auto industry still leads, but competitors are gaining

Business / Business News /

Michigan's auto industry remains dominant by several metrics but faces serious threats from southern states and China, from the electric vehicle transition and other technological upheaval, and from educational shortcomings, a new MichAuto report finds.

"Michigan cannot expect to win the future of the industry through legacy alone," Glenn ...Read more

Jim Watson/AFP/Getty Images North America/TNS

Fed cuts rates with three dissents, projects one cut in 2026

Business / Business News /

Federal Reserve officials delivered a third consecutive interest-rate reduction and maintained their outlook for just one cut in 2026.

The Federal Open Market Committee voted 9-3 Wednesday to lower the benchmark federal funds rate by a quarter point to a range of 3.5%-3.75%. It also subtly altered the wording of its statement suggesting greater...Read more

DREAMSTIME/TNS

Ford, Renault partner for EVs, explore commercial collaboration

Business / Business News /

Ford Motor Co. will develop two passenger electric vehicles for Europe with French rival Renault SA, and the two automakers will explore collaboration on light commercial vehicles.

The companies announced the partnership on Tuesday after the European Commission delayed a meeting scheduled this week to advance an automotive package that could ...Read more

Zbigniew Bzdak/Chicago Tribune/TNS

AI slop ad backfires for McDonald's

Business / Business News /

People aren't lovin' it.

McDonald's was forced to pull down an AI-generated Christmas commercial from YouTube after some consumers said the AI-slop-filled tongue-in-cheek take on the holidays was distasteful.

The ad, titled "It's the most terrible time of the year," was a satirical take on holiday realities. It showed a series of short, ...Read more

Why the Bay Area is key to the new US push to win the international AI race

Business / Business News /

Bay Area laboratories are set to play a central role in the Genesis Mission, a multibillion-dollar effort by the Trump administration to accelerate the nation’s artificial intelligence push in the face of technological advances in China.

The involvement of Lawrence Berkeley National Laboratory, Lawrence Livermore National Laboratory and the ...Read more

Pitaka/Pitaka/TNS

Tech review: Last call for Christmas tech gift ideas

Business / Business News /

This last Christmas gift guide is concentrated on gifts for the person with a home office or computer desk.

There are gifts here for all ages and price ranges.

I especially loved trying out the reMarkable tablet and the Pitaka case.

Terramaster F4-425 4-Bay NAS

If you have a household full of computer users, chances are you could benefit ...Read more

Alberto Cervetti/Fiat/TNS

Fiat is bringing this tiny city car to the US

Business / Business News /

The Fiat Topolino, a pint-sized city car made for navigating narrow and congested European streets, is coming to the land of oversized pickups and SUVs, brand CEO Olivier Francois says.

Fiat recently showed off the electric two-seater that maxes out at 28 mph at auto shows in New York and Los Angeles, Greenwich, Connecticut's Concours d'...Read more

Gregg Newton/AFP/Getty Images North America/TNS

SpaceX to pursue 2026 IPO raising far above $30 billion

Business / Business News /

SpaceX is moving ahead with plans for an initial public offering that would seek to raise significantly more than $30 billion, people familiar with the matter said, in a transaction that would make it the biggest listing of all time.

The Elon Musk-led company is targeting a valuation of about $1.5 trillion for the entire company, which would ...Read more

Ellen M. Banner/The Seattle Times/TNS

Boeing's monthly deliveries dip in November

Business / Business News /

Boeing delivered 44 planes in November, a dip from the past five months but higher than its usual November rate, the company said Tuesday.

Over the past five years – which have been marked by the fallout from two fatal 737 MAX crashes, the COVID-19 pandemic and a near-catastrophic panel blowout on an Alaska Airlines 737 MAX – Boeing has ...Read more

Gina Ferazzi/Los Angeles Times/TNS

Holiday shipping deadlines: When to ship your gifts this year so they arrive on time

Business / Business News /

Time is running out for you to ensure your shipped gifts arrive on time for such end-of-the-year celebrations as Christmas, Hannukah and Kwanza.

Mail carriers say they're more than prepared to handle the increased volume in deliveries — but only if you get postage on your packages and ship them quickly.

With automation and AI-driven ...Read more

Kevin Dietsch/Getty Images North America/TNS

Women are now leaning out in the workplace, Sheryl Sandberg says

Business / Business News /

After years spent leaning in to get ahead at work, professional women are leaning out.

Women are less interested than men in getting promoted to the next level, reversing a decade-long trend, according to a new study released Tuesday by advocacy group LeanIn.org and consultant McKinsey & Co. Some 69% of entry-level women, 82% of mid-career, and...Read more

Scott Olson/Getty Images North America/TNS

US farmers say $12 billion bailout won't end industry slump

Business / Business News /

U.S. growers say the Trump administration’s $12 billion aid package brings temporary relief, but is unlikely to kickstart a lasting recovery for the American farm economy.

President Donald Trump on Monday unveiled a package to a key base of support that includes as much as $11 billion in one-time payments to crop farmers who have been hit ...Read more

Joe Raedle/Getty Images North America/TNS

US job openings rise to five-month high, but layoffs also up

Business / Business News /

U.S. job openings picked up in October to the highest level in five months, though less hiring and more layoffs pointed to a continued slowdown in the labor market.

The number of available positions rose slightly to 7.67 million in October from 7.66 million in the prior month, according to Bureau of Labor Statistics data published Tuesday. ...Read more

Mario Tama/Getty Images North America/TNS

Paramount ups battle for Warner Bros. with hostile bid

Business / Business News /

The fight over the future of Hollywood just got nastier.

Paramount Skydance Corp. launched a hostile takeover bid for Warner Bros. Discovery Inc. at $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix Inc. The offer values Warner Bros. at $108.4 billion, including debt.

The bid compares with Netflix’s ...Read more

Anna Moneymaker/TNS/TNS

Paramount launches hostile $78 billion bid for Warner Bros., with backing from Trump's son-in-law

Business / Business News /

Paramount is refusing to accept defeat in the Warner Bros. Discovery auction, launching a $78 billion hostile takeover of its rival Monday after being spurned last week in the bidding.

The move comes four days after Warner’s board unanimously selected Netflix as the winner.

Paramount has beefed up its offer with backing from Middle Eastern ...Read more

Joe Raedle/Getty Images North America/TNS

With surging auto debt and repos across US, car-dependent Miami feels the pain

Business / Business News /

Car purchases are driving Americans into unprecedented levels of auto debt, according to a recent report.

Americans owe $1.66 trillion in car-related debt, the Consumer Federation of America found. That amount is nearly equal to Spain’s entire economy and amounts to roughly 6% of the United States’ GDP.

And in Miami, where residents spend ...Read more