Great Recession
FL Supreme Court Signs Off On Plan To Eliminate Judges In Foreclosure Cases
The Florida Supreme Court changed the way the state deals with foreclosure cases clogging up courtrooms Thursday.
Full-Time Jobs Elusive As Unemployment Drops To 7.7 Percent
The latest jobs numbers gives hope to workers, employers, and the government that the Great Recession and jobs crisis may be slowly starting to retreat permanently.
Area Workers Finally Making What They Did In 2007
South Florida workers are finally making the same amount of money as they did in 2007, a PayScale Index report indicated.
Florida Tops Nation In Foreclosures In Sept.
Foreclosures have crippled the South Florida home market since the Great Recession hit and while the rest of the nation has started to show improvement, Florida continues to struggle to recover from the worst economic collapse since the Great Depression.
Shrinking Inheritances Blamed On Bad Economy
It looks like an inheritance is the going to be the latest casualty of the Great Recession. CBS4′s Chief Consumer Investigator Al Sunshine explains why.
Opinion: Auto And Bank Bailouts Prove Effective
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Moody’s Threatens U.S. Credit Rating
While candidates from both parties continue to campaign, a looming fiscal cliff is set to possibly cripple the economy starting January 1. The fiscal cliff, along with the paralysis in Congress, has led Moody’s Credit Agency to warn of another downgrade to the U.S. credit rating.
Late Mortgage Payments Hit 3-Year Low
South Florida’s role in the housing crisis has been well documented, but there finally may be some good news rolling in for homeowners.
Jobs Growth Anemic In May
As the 2012 election heats up, a dismal jobs report for May is showing that while corporations and CEO’s are recovered from the Great Recession; the working class is far behind.
Eurozone Decline Resonates In S. Fla. & Presidential Campaign
South Florida has relied on tourism to keep the area growing during the Great Recession. But, one key group of tourists, Europeans may be about to undergo even more economic hardship that could impact tourism and U.S. politics in an election year.







