Economy

The funding is part of a nearly $3.7 billion allocation to the Low Income Home Energy Assistance Program through next September.

Homeowners in Florida, like other states, are seeing their home insurance rates soar. Multibillion-dollar disasters like hurricanes, tornadoes and wildfires have led insurers to hike premiums.

One million Florida properties are projected to be underwater. Today, those properties fund nearly 30% of local revenues for more than half the state's municipalities.

Dr. Maria Ilcheva, the assistant director of the Metropolitan Center at Florida International University, said the increase is isn't enough for households to survive, especially in South Florida.

The low population and low property values in the Big Bend area compared to the rest of the state means local governments have less financial resources to respond. The eventual insured loss is estimated at $3-$5 billion, with the Florida home insurance market already in trouble.

Going to the movies is hot again thanks to the so-called "Barbie boost." Barbie, Oppenheimer and other movies continue to rev up the summer box office. But can theaters sustain the momentum?

The processing facility at Space Florida’s Launch and Landing Facility at Kennedy Space Center will prepare Amazon's Project Kuiper satellites for launch.

The median home price has risen to $413,800 – the second-highest price ever — thanks to a shortage of homes on the market and high mortgage rates. Experts say renting may be a better option.

Sadaf Knight, CEO of the Florida Policy Institute, explains the impact of sales tax holidays in the state.

In June, nearly four in 10 Floridians relied on credit cards or loans to afford basic living expenses, like food or transportation.