Things To Do In SW Florida

By CHRISTOPHER RUGABER, AP Economics Writer

WASHINGTON (AP) — Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency.

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In comments at the New York Times’ DealBook Summit, Bessent said that “there is a disconnect with the framing of the Federal Reserve” and added that, “unless someone has lived in their district for three years, we’re going to veto them.” read more

Orlando Science Center will exhibit the science of skateboarding during a one-day event featuring demonstrations by Skate Bud and Galactic G Skateshop on Saturday.

Their problem-solving and mental tricks will work in tandem with the Loch Haven Park museum’s ongoing exhibit called “2theXtreme.”

Three sessions will be held on the first level at the science center from 11:30 a.m. to 3:30 p.m. Saturday.  They will include Learn, Create, Skate, which teaches fundamentals and physics using fingerboards, plus the creation of custom cardboard skate parks. During Skateboards 101, the board basics program by Skate Bud, modified training boards and instructors help develop the balancing act of standing up on skateboards.  There will also be demonstrations by semi-pro skaters from Galactic G with live tricks.

The “2theXtreme” display includes 40 exhibits that show off activities such as snowboarding, competitive cycling, music mixing, weather forecasting and computer security and their (sometimes hidden) mathematical properties. The exhibit was produced by Evergreen Exhibitions. read more

In what Sen. Ted Cruz referred to as a “Groundhog Day” Senate committee hearing Wednesday, billionaire Jared Isaacman saw bipartisan support for a second time as President Trump’s nominee to be the next NASA administrator.

The Senate Committee on Commerce, Science and Transportation held the confirmation hearing nearly eight months after Isaacman’s first appearance. In his first go-around, the committee voted to advance Isaacman’s nomination for a full Senate vote, which was in line to take place in May, but then Trump yanked the nomination.

At the time, Trump cited Isaacman’s past donations to Democratic politicians as the reason why, but Isaacman said he was more likely the victim of a degraded Trump-Elon Musk dynamic.

Musk and Isaacman had a close working relationship as SpaceX hosted Isaacman’s two trips to space on the Inspiration4 and Polaris Dawn missions, both of which launched from the Space Coast in SpaceX Crew Dragon spacecraft.

Trump changed his mind and renominated Isaacman last month to become the 15th head of the agency. NASA has been run under interim leadership since former Sen. Bill Nelson stepped down at the end of the Biden administration. read more

By STAN CHOE, AP Business Writer

NEW YORK (AP) — U.S. stocks rose near their record levels on Wednesday as mixed data on the economy kept alive hopes that a cut to interest rates is coming soon.

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The S&P 500 gained 0.3% and pulled within 0.6% of its all-time high set in late October. The Dow Jones Industrial Average climbed 408 points, or 0.9%, and the Nasdaq composite added 0.2%.

The biggest jump in the S&P 500 came from Microchip Technology, which leaped 12.2% after saying it expects sales and profit for the final months of the year to come in at the high end of the forecasted ranges it earlier gave. CEO Steve Sanghi said business is doing better than expected, and it’s reducing inventory levels. read more

Growing up, my parents taught me a basic concept around gifts: The more creativity you put into the gift, the more the recipient will appreciate it — regardless of the cost.

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I took the lesson to heart. As a child, I would hand out “experience” gifts — like an offer to spend quality time with someone or a voucher to do a chore. As I got older, I got more creative.

For my parents’ recent 50th wedding anniversary, I wrote them an original song to a Beatles tune and arranged for their nine grandchildren to sing it to them. They loved it so much they were crying happy tears — and it cost me only my time, not money. read more