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.
Budget Forecast Reveals Florida Turning Financial CornerA new budget forecast released this week by state economists shows the state is expecting in 2013 to bring in enough money to meet its needs for public schools and health care programs, with $1 billion still left for reserves.
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.
S. Fla. & U.S. Politicians Watching EuropeSouth Florida’s lifeblood is the tourism industry, with foreign tourists making up a large portion of the travelers. That’s why France’s election and a new sentiment popping up in Europe could impact South Florida and both political parties in the United States.
Unemployment Insurance Cuts Coming To Fla.If being out of a job isn’t bad enough, Florida’s unemployed workers are about to get some more bad news.
Florida Sets Records For Jobless Claims In 2010The Great Recession has taken a large toll on the Florida workforce, even after the recession technically ended.
1 More Day For Popular Loan Modification Program In MiamiA popular program which aims to restructure struggling homeowner’s mortgages is in Miami for one more day.
National Home Sale Numbers May Worse Than Originally ThoughtAmerica's housing bubble went bust when the mortgage mess began.
Fla. Catastrophe Fund May Shrink By $5 Billion Florida Governor Rick Scott may shrink the Florida Catastrophe Fund by roughly $5 billion over the next four years, according to the News Service of Florida.
Report: U.S. Standard Of Living In Deep DeclineThe toll the Great Recession has taken on America has been shown through jobless numbers, excessive CEO pay, and other methods. But, it’s taking a growing toll on the standard of living in the United States.
Select Florida Wal-Mart Stores To Sell Lottery TicketsThe world's largest retailer will add a new product to the inventory in many of it's Florida stores: lottery tickets.
Double Dip Recession headed Our Way?
Florida Incomes Down, Poverty UpAfter getting slammed by the economic recession, Floridians are grappling with lower incomes and a higher poverty rate, according to a U.S. Census report released Tuesday.