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What they’re saying about Hyundai’s $5.8 billion investment in Ascension

"Louisiana wins again," was the headline as Gov. Jeff Landry and Louisiana Economic Development trumpeted the official announcement of the $5.8 billion Hyundai steel plant planned for the Donaldsonville area of Ascension Parish.President Donald Trump hosted Landry and several elected officials in the Roosevelt Room of the White House to deliver the monumental news for the state and region, which had not been seen at such a magnitude since the governor and Facebook's parent company, Meta, announced a large artificial intelligence data center in northeastern Louisiana.The first-of-its-kind Hyundai project was...
USA Property

Juneteenth event in NJ moved off federal property over Trump DEI order

The Metuchen Edison Piscataway Area Branch of the NAACP’s Juneteenth celebration this year has been moved off federal property because of concerns it might violate President Trump's executive order targeting diversity, equity and inclusion.“We at the NAACP are being forced to relocate our annual Juneteenth Festival from federal grounds simply because it could be seen as a DEI initiative and risk retaliation under the Trump Administration's agenda. That's not just unacceptable – it's dangerous," said Reggie Johnson, president of this NAACP branch.The event, originally planned for June 7 at the...
Stock Market

Have US stock market prices fallen since Trump took office?

White House downplays recession fears amid stock market concernsA new poll found that 70% of Americans, including a majority of Republicans, think President Trump's trade policies will push prices higher.Scripps NewsThe stock market has experienced turbulence, with the Nasdaq entering a correction in early March.The S&P 500 is predicted to see a weekly gain after four weeks of losses, while the Dow is on track for its largest weekly gain since January.After the November 2024 election, the stock market hit an all time high, with conservative media pundits claiming that...
USA Property

DOGE cancels plans to close US Attorney’s Office in Corpus Christi

Musk ramps up DOGE as Tesla stock tanks, backlash growsTesla’s stock dropped about 15% on March 10. Still, CEO Elon Musk has no plans to slow down his work in the U.S. government.The Department of Government Efficiency has reversed its decision to close the U.S. Attorney’s Office for the Southern District of Texas in Corpus Christi.The closure was initially part of a plan to reduce federal spending by canceling or renegotiating real estate contracts.The Department of Government Efficiency no longer plans to close the U.S. Attorney’s Office for the Southern...
Stock Market

How to prepare for recession as US stocks plunge amid Trump tariff fears

Recession fears persist amid inflation and trade warsPresident Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration's continuing trade war.The U.S. economy may be heading toward a recession due to recent economic policies and global uncertainty.A recession is characterized by a decline in economic activity, including a drop in GDP, increased unemployment, and reduced consumer spending.Experts suggest preparing for a potential recession by building an emergency fund, reducing debt, and diversifying investments.Are we heading for a recession?On Monday, U.S....
USA Property

Florida ‘Fallen Tree Act’ puts liability on tree owner for damages

Aerial video shows tornado damage amid Hurricane Milton aftermathMultiple tornadoes ripped through Florida ahead of Hurricane Milton, causing significant damage to buildings, trees and power lines.Florida lawmakers are considering a bill that would make property owners liable for damage caused by trees on their property, even if the tree falls on a neighbor's property.The proposed Fallen Tree Act would shift responsibility for tree maintenance and damage from the property owner where the tree falls to the property owner where the tree is rooted.The bill would also allow property owners to...
USA Property

Property taxes unfair. Can Florida afford to drop them?

One top GOP lawmaker said, 'I think we should caution our members as to the outcomes' if Florida axes property taxes.How well will the Florida Legislature work with Gov. Ron DeSantis?FLORIDA TODAY's John Torres discusses the 2025 legislative session with reporters James Call and John Kennedy in this excerpt fro the Florida Pulse.Florida Republicans are considering phasing out property taxes, a move championed by Gov. Ron DeSantis.The proposal faces a significant hurdle: Replacing the $50 billion in revenue property taxes generate for essential services like schools and law enforcement.Critics argue...
USA Property

Oshkosh property revaluations prompt council resolution to legislature

Oshkosh's commercial properties were significantly undervalued, leaving residents with 'an inequitable share' of the 2025 property tax pie.OSHKOSH – Common council is trying to avoid a repeat of the situation that led to this year’s spike in property taxes.Oshkosh is requesting the state legislature allow the city and other municipalities to revert to previous property valuations in cases where revaluations result in huge disparities between commercial and residential property values.City council unanimously passed the resolution during the Feb. 25 common council meeting after the city’s commercial properties were significantly undervalued,...
USA Property

Gov. DeSantis on property taxes, insurance

He touched on an array of previous legislative victories, careful to note the GOP-led Legislature’s role.Floridians will eventually see lower property taxes, business tax cuts, budget cuts and new restrictions on petitions for constitutional amendments – if lawmakers follow Gov. Ron DeSantis’ agenda for the legislative session.DeSantis laid out his proposals in a 30-minute State of the State speech to the Legislature on Tuesday, the first day of the 60-day regular legislative session.He touched on an array of previous legislative victories, careful to note the GOP-led Legislature’s role. DeSantis enters...
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