economy

Finance
8:40 am
Thu September 12, 2013

5 Years After Financial Crisis, Are Big Banks Still A Threat?

The headquarters of Lehman Brothers in Times Square in 2008, the year the financial services firm filed for bankruptcy.
Hiroko Masuike Getty Images

Originally published on Thu September 12, 2013 11:30 am

It's been five years since Lehman Brothers collapsed and touched off a banking crisis that is still being felt by the global economy. Today, the banking industry is a lot stronger than it was, but some critics say efforts to reform banking regulations have fallen short of their potential.

Read more
The Sunshine Economy
11:58 am
Wed September 11, 2013

The Sunshine Economy: MBA But Unemployed, 4 Years And Counting

Ian Kramer
Credit Tom Hudson

Odds are Ian Kramer should be working. He has a MBA from USC. He has experience in the cut throat  world of Miami real estate development. The unemployment rate for someone with his education is half that of the overall level. And real estate is rebounding with several residential high rises sprouting from once dormant stretches of land.

Read more
The Sunshine Economy
11:13 am
Tue September 10, 2013

The Sunshine Economy: The Incredible Shrinking Florida Paycheck

Credit freedigitalphotos.net

Half of the paychecks of Floridians are smaller today than they were in 2004. Thanks to a wicked combination of fewer working hours and the financial erosion of inflation, the median hourly wage in Florida is $0.63 less than what it was eight years ago, according to a recent study by the Research Institute on Social and Economic Policy at Florida International University.

Read more
The Sunshine Economy
12:08 pm
Mon September 9, 2013

The Sunshine Economy: Jobs

Credit Tom Hudson

Ian, Jay and Sal. That's them in the photo on the right. Each of them is an unemployment statistic with a story.

Read more
Politics
12:00 pm
Mon September 9, 2013

Gov. Scott Tries New Strategy To Boost Business, Jobs

Gov. Rick Scott cuts the ribbon on the new Sand Blaster roller coaster on the Daytona Beach boardwalk. Scott has been traveling the state calling attention to his efforts to boost the economy.
Credit Florida Governor's Office

Gov. Rick Scott is pulling out all the stops to lure companies to Florida.

He convinced lawmakers to cut the sales tax on manufacturing equipment and do away with regulations that could hinder economic growth.

RELATED: The Sunshine Economy: Jobs

Read more
Income Mobility
11:56 am
Thu August 22, 2013

If You're Poor In Florida, You're Better Off Working In Miami

Above is a map from the study by a team of top economists. Lighter colors represent areas where low-income children are more likely to rise up to a higher income level.
Credit Raj Chetty, Nathaniel Hendren, Patrick Kline, Emmanuel Saez / http://www.equality-of-opportunity.org/

Children from low income families in Florida have the best chance of achieving a higher income level if they grow up in Miami.

Surprised?

I was.  Based on my layman's understanding, I thought we would have low rates of income mobility.

Read more
Economics
4:24 pm
Wed August 21, 2013

India And Other BRIC Economies Now Facing Headwinds

The Indian rupee has fallen nearly 16 percent against the dollar since May. The drop comes amid a slowdown in the country's economy. India's troubles are mirrored in other emerging economies that drove global growth for the past decade.
Zheng Huansong Xinhua /Landov

Originally published on Wed August 21, 2013 5:21 pm

High food prices, a currency in free fall, battered investors and slowing growth: India is facing a host of problems that have taken away the sheen from an economy that's had a decade of mostly stron

Read more
Topical Currents
1:00 pm
Tue July 30, 2013

A History Of America’s Financial Disasters

Scott Nelson
http://srnels.people.wm.edu/

07/30/13 - Tuesday's Topical Currents looks at the history of US financial crunches.  It’s easy to recall the recession of 2008 or the 1929 stock market crash, but there have been many more panics, and they’ve all revolved around consumer, state and federal defaults. We’ll speak with Scott Reynolds, author of A NATION OF DEADBEATS:  An Uncommon History of America’s Financial Disasters. The first U-S financial crisis was in 1792. Tha

Read more
Economics
9:05 am
Tue July 30, 2013

Local Politicians Spend A Week Trying To Live On Florida's Minimum Wage

Credit FlickR.com/Images_of_Money

Two South Florida politicians said a week spent just "getting by" -- has gotten to them.  

Broward County Commissioner Martin Kiar and State Senator Dwight Bullard agreed last week to spend five days trying to live on Florida's current minimum wage of $7.79 an hour.

Kiar says the week-long budget he drew up for himself left only $106 dollars for food, travel and entertainment for him and his family.

Read more
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?

Read more
Topical Currents
1:00 pm
Mon May 6, 2013

A New Economic Order?

WHAT THEN MUST WE DO?
http://whatthenmustwedo.org/

05/06/13 - Monday’s Topical Currents is with political economist Gar Alperovitz of the University of Maryland. He’s the author of WHAT THEN MUST WE DO? It considers the ways a new economic order could be created. He says that for sustainable jobs and fair economy, there is a balance between extreme corporate capitalism and governmental socialism. That’s Topical Currents at 1pm on WLRN-HD1 rebroadcast at 7pm on WLRN-HD2 and audio on-demand after the live program.

Read more
Trade
10:09 am
Mon April 22, 2013

How Coffee Brings The World Together

The best coffee comes from high altitudes with a warm climate like in Huehuetenango, Guatemala.
David Gilkey NPR

Originally published on Thu January 9, 2014 3:51 pm

Coffee is more than a drink. For many of us — OK, for me — it's woven into the fabric of every day.

It also connects us to far corners of the globe.

For instance, every Friday, a truck pulls up to the warehouse of Counter Culture Coffee, a small roaster and coffee distributor in Durham, N.C., and unloads a bunch of heavy burlap sacks.

Read more
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:

Read more
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.

Read more
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 . . .

Read more

Pages