In fiscal year 2007-08, the county issued just 397 single-family home permits, an 835 percent drop from the boom years of 2004-05. ...more

December 18, 2008

The Secret Is Out A Wal-Mart employee in Uniondale, N.Y., told The Associated Press on Monday that the store will start selling Apple's iPhone, confirming media reports over the weekend. The employee, who would not give his name, did not know when the phones would go on sale. ...more

December 9, 2008

Audi is pulling out of the American Le Mans Series, ending a dominating nine-year run in which its cars won the LMP1 class championship every season. ...more

December 6, 2008

Under the gloom of plunging motor-home sales and with travel trailers stacking up on lots, recreational vehicle makers and dealers tried to lift their spirits by joining in song at their national trade show this week. ...more

December 6, 2008

Hit with an awful consumer spending market, home shopping channel HSN is paring back operations. ...more

December 5, 2008

Hernando Oaks, one of the larger subdivisions in Hernando County, received another economic hit last week when one of the development entities filed for Chapter 11 bankruptcy in federal court. ...more

December 2, 2008

The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week's big gains. ...more

December 2, 2008

Officials: Project is viable, despite bankruptcy filing. ...more

December 2, 2008

President Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession. ...more

December 1, 2008

WASHINGTON (AP) -- A panel of the National Bureau of Economic Research says the U.S. economy fell into a recession last year. The NBER says its group of academic economists who determine business cycles met and decided that the U.S. recession began in December 2007. Many economists believe the current downturn will last until the middle of 2009 and will be the most severe slump since the 1981-82 recession. ...more

December 1, 2008