Things To Do In SW Florida

By CHRISTOPHER RUGABER, AP Economics Writer

WASHINGTON (AP) — The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates.

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Trump sought to fire Cook Aug. 25, but a federal judge ruled late Tuesday that the removal was illegal and reinstated her to the Fed’s board. Trump has accused Cook of mortgage fraud because she appeared to claim two properties as “primary residences” in July 2021, before she joined the board. Such claims can lead to a lower mortgage rate and smaller down payment than if one of them was declared as a rental property or second home. Cook has denied the charges. read more

Boards of directors

Ashley Sanchez, event manager for SeaWorld Orlando, was appointed to the board of directors for UCP of Central Florida.

Courtney Bailes Quarles was appointed to the board of directors for UCP of Central Florida.

Derek De Salvia, executive vice president and chief customer officer at Hilton Grand Vacations, was appointed to the board of directors for Boys & Girls Clubs of Central Florida.

Education

Traci Ash Bjella was hired as vice president of marketing and strategic communications at Seminole State College of Florida.

Other

Anna Zucker was appointed executive director of the Winter Garden Art Association and SOBO Art Gallery.

Awards read more

Chapter 7

Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include:

Tiger Composites Inc., 425 W. Colonial Drive, Suite 303, Orlando. Filed: Aug. 19. Assets: $1,597. Liabilities: $263,407. Major creditors: Thunderbird Industries LLC, Avondale, Ariz., $76,297; City of New Smyrna Beach, New Smyrna Beach, $37,710; CSNK Working Capital Finance Corp., Santa Clara, Calif., unknown. Creditors meeting: Oct. 2.

Linden Investments & Management LLC doing business as The Vineyard Wine Bar & Healthy Bistro, 4848 S. Apopka Vineland Road, Suite 202, Orlando. Filed: Aug. 19. Assets: $16,531. Liabilities: $680,799. Major creditors: The Sterling Organization LLC, West Palm Beach, $88,824; Deborah Linden, Windermere, $71,200; American Express, Carol Stream, Ill., $38,622. Creditors meeting: Oct. 1.

Golden Magnolia Inc., 1 Hargrove Grade, Building B, Suite 2, Palm Coast. Filed: Aug. 20. Assets: $507,000. Liabilities: $1,531,009. Major creditors: Atis Resort Corp., Palm Coast, $686,588; Larisa Leonova c/o Woolsey Morcom, Ponte Vedra, $250,000; Bank of America, Dallas, $150,000. Creditors meeting: Oct. 2. read more

By ALEX VEIGA, AP Business Writer

The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week.

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The long-term rate eased to 6.35% from 6.5% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.2%.

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also fell. The average rate slipped to 5.5% from 5.6% last week. A year ago, it was 5.27%, Freddie Mac said. read more

By Kyle Stock, Bloomberg News

The Trump administration has been slashing green energy incentives, freezing the construction of wind farms and ordering coal-burning power plants to keep running longer than planned. And yet, more American homes and businesses are getting their power from renewable sources than ever before — and in greater amounts.

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  Study links more frequent and severe heat waves to pollution from major fossil fuel producers

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  Are EVs really better for the environment? Study checks role of coal, battery and range

In June, almost one-quarter of U.S. power generation was green, up from 18% in the year-earlier period, according to data compiled from the U.S. Energy Information Administration. The question now is whether the trend continues with President Donald Trump back in the White House. read more