Economic Confidence Plummeting During GOP-led ShutdownAs Republicans continue to hold the U.S. government and economy hostage to achieve policy goals; consumer confidence in the U.S. is dropping at a rate not seen since Lehman Brothers collapsed in 2008.
U.S. Income Inequality Hits Nearly Record LevelsAmericans are working harder and are producing more than at almost any time in recent history. But, the wealth gap between the richest one percent in the United States and the bottom 99 percent has grown to a point not seen since the early 20th century.
Initial Unemployment Claims Decline
Economists Predict Growth For FL The economy is expected to grow steadily over the next three years in Florida.
FL Supreme Court Signs Off On Plan To Eliminate Judges In Foreclosure CasesThe 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 PercentThe 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 2007South 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 EffectiveOn 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 RatingWhile 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 LowSouth 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 MayAs 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 CampaignSouth 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.
Poll: Majority Of Floridians Disapprove Of Obama's Handling Of Housing CrisisPresident Barack Obama inherited one of the most depressed housing markets in U.S. history especially in Florida. As he starts his re-election campaign, Floridians are saying he still hasn’t done enough to help them or punish Wall Street.