Frankie Leon / Flickr

A new study says South Floridians are swimming in credit card debt. Maybe drowning in it., a self-described “online credit card marketplace,” looked at average debt versus median income for 25 major metropolitan areas to determine a region’s credit card debt burden.

The Miami metropolitan area had the fourth worst debt burden in the country.

Miran_Rijavec / Flickr

Lawmakers want Florida students to be smarter about their money.

They’ve introduced a bill to make a financial literacy course a high school graduation requirement.

Students would have to take lessons on taxes, compound interest, insurance, and how to weigh the cost and benefits of decisions.

The bill was introduced by Fort Myers Republican Representative Heather Fitzenhagen and Miami GOP Representative Manny Diaz.

The bill says the Florida Department of Education would choose a non-profit group to create the lessons.

01/06/15 - Join us for Tuesday’s Topical Currents, when we discuss what’s widely known as “dark money.”  These funds come from undisclosed donors and advocacy groups.  They often influence public opinion, legislation and elections.

Tom Hudson


It's a familiar saying among exporters -- South Florida is the shopping cart for Latin America.

From cell phones to gold, medicine to aircraft parts, it all leaves the United States from South Florida destined for overseas markets. While the pace of trade is down from a year ago, according to trade media company WorldCity, the seaports and airports here maintain a trade surplus.

09/25/14 - Thursday's Topical Currents is a rebroadcast that goes behind the scenes of the individual finance industry, with journalist Helaine Olen. She’s written POUND FOOLISH:  Exposing the Dark Side of the Personal Finance Industry.  Most well-known TV and radio experts sell dreams that are seldom reached.

Wells Fargo

A recent survey by Prudential Financial advisors reveals the Hispanic American community places a priority on funding near-term goals, making it more difficult for Hispanics to prepare for retirement.

From Oct. 28 to Nov. 18 last year, the study polled 1,023 Americans who identify as "Hispanic." It covered several financial topics and what the driving force is behind making financial decisions in Hispanic American households.

Cuba will end the two-currency system it has used for nearly 20 years. Since the collapse of the Soviet Union, Cuba has used either American currency or a peso that's pegged to the dollar alongside its national peso.

The monetary unification will phase out a system that has become a symbol of exclusivity and foreign wealth. Many products that are imported into the country can be bought only with the dollar-based convertible peso. But most Cubans are paid in the standard peso, which is worth just a fraction of the other currency.

Talk to economists about the government shutdown's impact on their forecasts and you'll hear this phrase again and again:

Flying blind.

For economists and investors, "at this moment, we are flying blind," said Alan Greenspan, former chairman of the Federal Reserve and now president of Greenspan Associates LLC, a consulting firm.

Greenspan is not alone in feeling a little lost without the compass of government reports.

U.S. Federal Reserve / Truth In Accounting

The debate in Congress over raising the debt ceiling was focused on the $16.7 trillion borrowing limit. That's a huge number that has been increasing rapidly since the Great Recession. The chart above from the U.S. Federal Reserve shows the federally reported public debt jumping from $6 trillion after the 2001 recession to almost $17 trillion this fall.