11/10/14 - Monday’s Topical Currents examines our looming retirement predicament with James Russell, author of SOCIAL INSECURITY: 401(K)S AND THE RETIREMENT CRISIS. The pitch for 401(K)s began in the 1980s. They were heralded by the financial services industry as better than traditional pensions. Russell says what was promised proved untrue . . .
Close to $50 million has been spent buying airtime in Florida through the end of September by Florida's gubernatorial candidates and their political parties.
While some of the messages include bright pictures of Rick Scott and Charlie Crist touting their economic and education plans, most of the messaging features ominous sounding narration and dramatic music telling an audience what's wrong with the other guy.
According to the Center for Public Integrity at least half of the ad money spent in Florida has been spent on negative ads like these:
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.
With industries ranging from casinos to taxicabs looking to influence the Legislature, new reports offer a glimpse of the millions of dollars in fees that lobbying firms collected during the second quarter of the year.
The reports, due before a Thursday night deadline, show that at least four lobbying firms collected $1 million or more in fees from April 1 to June 30 --- a period that included the second half of the 60-day legislative session.
The money was hidden at the hospital where Elton Aguilera was born. He and a friend drove over. Once they parked, they ran. "My heart was pounding," he recalls. "I was sweating. Just the excitement, the adrenaline." Not long after, he found a white envelope taped to a fence. It had $50 inside.
Instructions on the envelope encouraged him to take a selfie with the winnings and to follow In South Florida, a local online marketing group.
The U.S. Department of Housing and Urban Development (HUD) has released its list of organizations that will receive funding through the Continuum of Care Program this year. But this year programs are getting 5 percent less money than usual.
The Continuum of Care Program gives money to homeless assistance programs like housing and counseling services. It also funds emergency services to keep people off the street in the first place.
The budget squeezing that happened last year is now coming down the pipe into communities this year.
Workers wages and salaries grew 2.4 percent over the past 12 months. That's down from 2.6-percent growth half a year ago. Which not only means there has not been a lot of growth, but that what we have had is slowing.
On top of that, total compensation, which includes things like salaries plus health benefits and bonuses, has not been growing at a comparable rate.
As the wage growth slows, other costs of living like housing, food and transportation continues to rise at a much higher rate--putting more pressure on peoples’ pockets.
The U.S. House of Representative voted Wednesday to approve a new farm bill after a two-year standoff. It cuts $8 billion over the next decade from the Supplemental Nutritional Assistance Program, also known as food stamps, but the brunt of those cuts won’t be felt in South Florida.
The food stamp program accounts for almost 80 percent of the current farm bill. With pressure to reduce spending, it was inevitable that the program would be scaled back.
Wednesday is Give Miami Day. It was established last year by the Miami Foundation to encourage donations to local non-profits. Their idea is to establish a culture of giving in Miami. But what counts as charitable giving?
As you consider whether or how you will participate in Give Miami Day, try your hand at this quiz to see if you can pick out what's philanthropy and what isn't.
ANSWER CHOICES: A. Philanthropy B. Charity C. Neither D. Both philanthropy and charity