Things To Do In SW Florida

A place built for entertaining needs new hosts.

The mansion, dubbed Maison du Lac, at 570 Manor Rd. in Maitland, is listed for $12.5 million, according to a report in GrowthSpotter.

At a time when even the White House is getting enhancements to its entertainment capabilities, this mansion’s party-hosting bonafides are in place.

“The house is really big, and it looks almost like a ballroom. It’s not just luxurious, but it almost makes you feel like you can throw a ball. You can throw events in the house,” said listing agent Maggie Walas with Fortune Christie’s International Real Estate. “It’s not over the top, but it’s enough to feel special. Whoever walks in is like Wow, the wow factor is [huge.] I sell a lot of high-end homes, but I never got an impression like I get from this house.”

The 11,668-square-foot lakefront estate was built in 1996 but was recently overhauled.

“I would send you the photos from the previous house, how it looked before, you’ll be like, ‘Oh my God’,” she said. read more

By MORIAH BALINGIT

WASHINGTON (AP) — When the children of wealthy households leave the nest, they often benefit from their parents’ largesse in the form of a trust fund. Less affluent peers may receive nothing at all — or even be expected to support their families when they become adults.

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  This $12.5M Lake Maitland mansion is built for parties. Big parties.

But what if all children, regardless of their family’s circumstances, could get a financial boost when they turn 18?

That’s the idea behind “Trump Accounts,” a lesser-known provision of President Donald Trump’s tax legislation. The bill, signed into law earlier this year, gives $1,000 to every newborn, so long as their parents open an account. That money is invested in the stock market by private firms, and the child can access the funds when they turn 18. The parents of older children can also open accounts, but they won’t get the $1,000 bonus. read more

By STAN CHOE, AP Business Writer

NEW YORK (AP) — The U.S. stock market held near its records in a quiet day of trading on Thursday, continuing its relatively calm run following weeks of sharp and scary swings.

The S&P 500 inched up by 0.1% and is just 0.5% below its all-time high. The Dow Jones Industrial Average dipped 31 points, or 0.1%, and the Nasdaq composite rose 0.2%.

Dollar General helped lead the market and rallied 14% after reporting a stronger profit for the latest quarter than analysts expected. More customers shopped at its stores, and it also squeezed more profit out of each $1 in sales that it made.

Hormel rose 3.8% after likewise reporting a better profit than expected, thanks in part to strength for its Planters nuts and Jennie-O turkey offerings. It also gave a forecasted range for profit in the upcoming year whose midpoint was above analysts’ forecasts.

Salesforce, meanwhile, climbed 3.7% after swinging between gains and losses earlier in the morning. It delivered a better profit for the latest quarter than analysts expected, though its revenue fell just short. read more

It’s a good thing kids are adorable, because they take a lot of effort to keep happy, healthy and fed. They’ll also drain your savings, to the tune of more than $230,000 by the time they turn 17 (that’s according to the U.S. Department of Agriculture’s data on the cost of raising a child born in 2015).

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  This $12.5M Lake Maitland mansion is built for parties. Big parties.

Anything that saves you money, time and energy as a parent is a godsend. That can include your credit card. Depending on the cards you choose, you could earn valuable cash back, lower the cost and difficulty of travel, and protect your purchases. It’s not quite a personal assistant in your pocket, but your card may already offer some features that will make your life a bit easier. read more

By MATT OTT, AP Business Writer

WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in more than three years during Thanksgiving week, potentially complicating the Federal Reserve’s upcoming decision on interest rates.

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  DeSantis proposes plan for AI regulation in Florida

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  This $12.5M Lake Maitland mansion is built for parties. Big parties.

The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the Labor Department reported Thursday. That’s the lowest level since September 24, 2022, when claims came in at 189,000. Analysts surveyed by the data provider FactSet had forecast initial claims of 221,000.

Kathy Bostjancic, chief economist at Nationwide, said that unemployment benefit filings are often distorted by the Thanksgiving holiday, which can cause some people who may have lost jobs to delay filing claims. read more