economy

IKEA
7:29 pm
Tue August 26, 2014

IKEA Comes To Miami-Dade

IKEA will open it's secon largest story in Miami-Dade Wednesday.
Håkan Dahlström / Flickr

The line for the new Miami-Dade IKEA has been in place for two days and boasts tents, fans, and a lot of IKEA passion.

The Swedish store’s location, adjacent to Dolphin Mall in Sweetwater, will start selling it’s affordable, assemble-yourself, modern furniture. At 416,000 square feet, the store will be the second largest in the country and also have Florida’s biggest solar panel array on its roof.

Tony Grandson got to IKEA at 5 a.m. on Monday. As the first person in line of about 40 people, he has a chance to win bragging rights and a brand new sofa.

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Economy
12:57 pm
Thu July 31, 2014

Study: Miami Bouncing Back From Recesssion, Hialeah Not So Much

Credit Daniel Reichert (Creative Commons License: https://creativecommons.org/licenses/by-sa/2.0/)

Miami’s post-recession recovery is going relatively well; Hialeah’s is not, according to a new study from WalletHub.

The company, which provides online financial analysis tools for individuals and small businesses, looked at 18 different metrics to develop their own recovery ranking: changes in home value, the poverty rate and the foreclosure rate, to name a few.

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Digital Currency
7:00 pm
Mon January 27, 2014

North American Bitcoin Conference Comes To Miami

Finance Professor Charles Evans speaks at the North American Bitcoin Conference
Credit Hillary Lindwall/WLRN

Bitcoin users from around the world attended this year's North American Bitcoin Conference this past weekend at the Miami Beach Convention Center.

Moe Levin, who organized the conference, says attendance exceeded his expectations.

"I was expecting 800 people and now there are 1,200," Levin said. "It [was] a hugely successful Bitcoin conference."

Conference goers attended workshops held by Bitcoin-accepting and facilitating merchant vendors, like bitpay and 3DCart.  

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Links
7:53 pm
Tue January 14, 2014

WLRN's Five Most Popular Stories For Jan. 6-10

Locals embark on the first Homestead national parks trolley ride.
Credit Jessica Meszaros / WLRN

This week's top attention-grabbing  stories include:  A proposal to add a Satanic statue in the Oklahoma Capitol, a Vero Beach company employing all-day surveillance of company smartphones and computers,  a free trolley giving locals access to Biscayne and Everglades national parks, and more.

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Americas
10:22 am
Thu November 7, 2013

A Soft — And Prosperous — Landing For Cubans Is In The U.S.'s Interest

A private Cuban shop vendor
Credit Brookings Institution

There are two basic realities about Cuba’s communist dictatorship that U.S. policy, and the anti-Castro hardliners that shape it, prefer to ignore. The first is that the Castro brothers will almost certainly die in power. The second is that market-oriented economic reforms, albeit tentative, are as much a part of Cuba’s landscape today as 1956 Chevrolets.

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The Florida Roundup
12:00 pm
Fri May 17, 2013

Does The Governor Deserve Credit For The Economy?

The state announced that the jobless rate dropped to 7.2 percent in April 2013. But what kind of jobs have been created?
Credit quite peculiar / Creative Commons/Flickr

On The Florida Roundup, we take a special look at the economy.  

Employment, tourism and real estate numbers suggest a recovery. We’ll examine whether Gov. Rick Scott’s “it’s working” motto is actually working -- for him.

Meanwhile, the legislative session is over but many bills are still under review by the governor. The biggest: Florida's $74.5 billion budget.

And locally, could South Florida lose both the Super Bowl and the International Swimming Hall of Fame to California?

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The Florida Roundup
12:00 pm
Fri March 29, 2013

What You Should Know From This Week's South Florida News: Dueling Governors And Dolphins Stadium

The day before President Obama speaks at PortMiami about the economy, Governor Scott says the federal government hasn't given the state enough money to support the ports.
Credit interbeat / Flickr, Creative Commons

On The Florida Roundup, here are some of the items on our rundown:

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Humidity and Worker Productivity
7:31 am
Fri March 1, 2013

Humidity Will Worsen With Climate Change And With It, Worker Productivity

As temperatures around the country rise, worker productivity will take a dive.
Credit couchlearner / Flickr Creative Commons

Anyone who has tried to tend a garden or walk the dog in the height of a South Florida summer understands the energy-zapping qualities of a heat and humidity combo. A recently released study reports that climate change will mean an increase in those sticky, sweaty days.

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Topical Currents
1:00 pm
Tue February 26, 2013

Why Good People Can’t Get Jobs

Peter Cappelli at the WLRN Studios
Paul Leary

02/26/13 -  Tuesday's  Topical Currents is with human resource expert and Wharton Business School professor Peter Cappelli.  Conventional wisdom says that our educational system fails the economy . . .

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Topical Currents
1:00 pm
Tue February 19, 2013

Economic Disaster

Alan S. Blinder
http://www.princeton.edu

02/19/13 - Tuesday's Topical Currents is with Princeton University economics professor and Wall Street Journal columnist Alan Blinder.  How did the worst economic disaster in post-war American history occur?  The US financial system, he says, was far too complex and unregulated for the public good.  Blinder has written  AFTER THE MUSIC STOPPED:  The Financial Crisis, the Response and the Work Ahead.   Links http://www.princeton.edu/~blinder/

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Around the Nation
11:17 am
Wed December 26, 2012

A Lull Until New Year's? Not So These Days

The CambridgeSide Galleria was bustling with people exchanging gifts and taking advantage of sales the day after Christmas 2011.
Suzanne Kreiter The Boston Globe via Getty Images

Originally published on Wed December 26, 2012 1:32 pm

Time was, the stretch following Christmas Day until New Year's Day was a quiet, sleepy spot on the American calendar. The six-day span hung like a lazy hammock between the holidays.

Not anymore.

Nowadays, the WAC — Week After Christmas — is busy and abuzzing. All around the country, Americans continue to celebrate — Kwanzaa, the Christmas afterglow and the coming New Year.

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News
12:15 pm
Thu November 29, 2012

Drop In Consumer Confidence Doesn't Keep Floridians From Spending

UCF Economist Sean Snaith expects Washington to avoid the fiscal cliff, allowing the economy to continue a very slow recovery.
Credit CBC Saunders Real Estate/flickr

Consumer confidence in Florida dropped this month, but retailers were busy over the Thanksgiving/Black Friday weekend.

The National Retail Federation says more people went shopping on Black Friday this year than ever before.

University of Central Florida Economist Sean Snaith says shoppers may just be more budget conscious and eager to take advantage of big sales.

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State And Regional News
6:50 am
Fri November 23, 2012

NEWSCAST: Black Friday Draws Thousands Out On Thanksgiving

According to an International Council of Shopping Centers-Goldman Sachs survey, about 17 percent of shoppers were expected to take advantage of special hours on Thanksgiving day.
Credit Bob B. Brown/Flickr

Hitting the malls on Thanksgiving night is becoming more common in South Florida. Stores are offering more than sales to entice shoppers away from the dinner table. 

Details from WLRN-Miami Herald News. 

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Entrepreneurs And Weed
11:31 am
Fri November 16, 2012

It's Legal To Sell Marijuana In Washington. But Try Telling That To A Bank.

David McNew Getty Images

Originally published on Mon November 19, 2012 2:03 pm

Voters in Washington and Colorado just approved measures legalizing marijuana for recreational use. But businesses that want to sell marijuana in those states will face a problem: No bank wants to do business with them.

I called several banks in Washington. I called a local credit union, a tiny bank in the San Juan islands. Everybody said basically the same thing. Even if selling marijuana is legal under state law, it's still illegal under federal law. And banks and credit unions worry that this could get them in trouble.

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Recession Trends
2:53 pm
Thu November 15, 2012

One In Five Floridians On Food Stamps

Credit NDReedplayer

One in five Floridians - about 3.6 million - is receiving food stamp benefits and the number is rising in South Florida, according to new data released by the state..

Miami-Dade, Broward and Palm Beach Counties all saw increased enrollment in the Supplemental Nutrition Assistance Program (SNAP) in October.

The Sun Sentinel reports that the trend is particularly troubling for Broward County

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