
Tom Hudson
Senior Economics Editor and Special CorrespondentTom Hudson is WLRN's Senior Economics Editor and Special Correspondent.
Hudson's extensive reporting on South Florida's economy has taken him from the waters of Florida Bay to the depths of the PortMiami tunnel (and countless offices and conference rooms). He has interviewed bartenders and bankers, caregivers and CEOs to report on the people behind economic statistics.
He began his business reporting career in March 2000, just weeks after the dot-com bubble burst. He has reported from the trading floors of the CME, Chicago Board Options Exchange, NASDAQ and New York Stock Exchange. He previously served as Vice President of News at WLRN when he created and hosted The Sunshine Economy for 10 years. He was managing editor and co-anchor of Nightly Business Report on PBS.
Hudson is married with two sons and advises every bicycle rider to always wear their helmet.
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COVID-19 changed commuting patterns. Most workers are back on the road at least some of the time, but work-from-home has helped shorten average commute times in some of South Florida.
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South Florida continues to have one of the lowest rates across the state.
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Consumer prices heated up in the Tampa-area in July. The annual inflation rate was 3.3% in that region according to data released Tuesday. That is the highest year-over-year inflation rate in over a year.
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Lower passenger fares in June led credit rating agency S&P Global to cut its rating on some of Brightline's bonds. The passenger train service hopes to refinance other borrowing, but at higher interest rates.
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Passengers are booking trips and cruise companies are holding firm on prices. It makes for pretty fair weather for the cruise industry despite worries over consumer spending and confidence.
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The private passenger rail service said it continues to "actively progress" a plan to sell a "substantial amount of equity" as it postponed paying interest on some of its borrowings.
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Consumer inflation rose 3.1% from a year ago in the Miami metropolitan area. June data shows how persistent inflation may be, which could delay the Federal Reserve cutting interest rates.
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The on-again, off-again tariff policy by the Trump administration has hurt the business outlook among companies using Port Everglades. They aren't pessimistic, though. More wait-and-see.
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A presidential executive order will increase entry fees for national parks, including Everglades National Park, but only for visitors who are not U.S. citizens. President Donald Trump said "national parks will be about America First."
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High occupancy vehicle lanes were meant to encourage carpooling. Low emission vehicles also were allowed to use the lanes, sometimes called express lanes, for free. A new law that went to effect on Tuesday eliminates HOV lanes throughout Florida.
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The two top executives at the South Florida-based online pet store made tens of millions of dollars last year. However, one may miss out on collecting much of the pay as he departs the company.
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South Florida's condo market continues reeling from reforms. Home prices continue going up, but that's slowing, too.