money

Topical Currents
1:00 pm
Mon November 10, 2014

Social Insecurity: 401(k)s and the Retirement Crisis

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 . . .

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Money
3:02 pm
Wed October 15, 2014

Florida Ranks Fourth Nationwide In High Cellphone Taxes

Credit taxcredits.net / Flickr Creative Commons

The next time you open your cellphone bill and feel it's overpriced, don’t blame your carrier alone.

Florida ranks fourth in the nation with the highest state-local taxes imposed on cellphones at 16.55 percent, according to a recent study.

The Tax Foundation tracked tax rates across different states to see how much customers were paying on their phone bills.

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Sunshine Economy
8:32 am
Mon October 6, 2014

Where Money In Florida's Gubernatorial Race Is Coming From

Credit University of Maryland Press / Flickr/Creative Commons

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:

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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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Politics
4:19 pm
Fri August 15, 2014

Florida Lobbying Firms Collect Millions During Second Quarter

Credit freedigitalphotos.net

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.

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News
8:47 pm
Thu August 14, 2014

Commissioner Marc Sarnoff: Miami Needs To Evaluate Money Spent In Liberty City

City of Miami City Hall in Coconut Grove.
Credit Nadege Green / WLRN

 

Miami Commissioner Marc Sarnoff is asking the city of Miami to account for how much money it has invested in the Liberty City neighborhood since the 1980 Arthur McDuffie race riots.

Liberty City, a neighborhood of about 20,000 residents, is one of Miami's poorer neighborhoods.

Sarnoff says the analysis will provide a clearer picture of what initiatives or programs have been funded in the neighborhood and whether Miami has significantly helped improved Liberty City.

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Education
7:11 pm
Tue August 12, 2014

Broward County Schools Release $900 Million Maintenance Wish List

Credit 401(K) 2012/Flickr

  Broward County school leaders have unveiled a $900 million list of projects they want to complete over the next five years.

That includes turning portable rooms housed in mobile trailers into permanent classrooms, replacing aging air-conditioning systems and upgrading art, music and athletics facilities.

Broward County schools superintendent Robert Runcie said the district scrutinized every project on its wish list and chose those that were most important.

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Treasure Hunt
11:55 pm
Mon June 16, 2014

Marketing Group Hiding Free Cash Throughout South Florida

Credit freedigitalphotos.net

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.

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Housing And Urban Development
8:22 am
Tue April 15, 2014

$30 Million To Miami-Dade Homeless Programs

HUD's Continuum of Care Program funds housing and other services for the homeless.
Credit Creative Commons via WikiCommons

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.

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Living Wage
5:42 pm
Fri February 7, 2014

South Florida Wages Not Growing Very Quickly

Wage growth in South Florida is tapering off.
Credit Creative commons courtesy of Flickr user Images_of_Money

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.

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Farm Bill
7:09 pm
Thu January 30, 2014

Food Stamp Cuts Won't Hurt South Florida Too Badly

One of the first U.S. food stamps.
Credit Library of Congress

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.

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How Much Is Enough?
8:24 pm
Wed January 29, 2014

Pay For Pretty Peppers -- Farmers Will Donate The Ugly Ones

For lower-income families, fresh produce can be prohibitively expensive.
Credit Wilson Sayre

According to the U.S. Department of Agriculture, one in seven South Floridians can't afford the food they need to stay healthy.

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Money
8:34 pm
Thu December 19, 2013

South Florida Can Buy With Bitcoin This Christmas

Charles Evans talking to members of Miami International Bitcoin at Planet Linux Caffe in Coral Gables.
Credit Planet Linux Caffe

Contribution from the Miami Herald

In the past year, the electronic payment system called Bitcoin has reached a certain level of ubiquity in national and international conversation.

 

Its intersection in the tech and finance worlds has piqued the interest of various groups and governments, but the “crypto-currency” remains somewhat mysterious.

 

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Give Miami Day
4:49 pm
Wed November 20, 2013

Test Your Knowledge: What Is Philanthropy?

Credit Flogert Dollani / Flickr CC

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

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