College becoming unaffordable to Middle Class
Many Florida families have been paying up to 25 percent of median income for public in-state college costs — out of reach for some middle-class parents who have taken recent pay cuts or lost jobs, according to a new study. Some South Florida families are paying even more — plunking down what amounts to about […]
South Florida helping state’s economic recovery, economist says
Florida’s economy has gained momentum in the past year, with Miami-Dade, Broward and Palm Beach counties helping the state on its slow trek to recovering from the devastating Great Recession, according to an analysis released Friday by the Wells Fargo Economic Group. “All indications point to stronger gains this year,” Wells Fargo senior economist Mark […]
Manufacturing ends a big slump in Broward
Defying a slump that’s been around for about a decade, Broward factories are suddenly hiring. The 10 percent gain in March could mean a big shift for a battered industry. The latest employment figures continue one of the biggest turnarounds we’ve seen this year on the hiring front. Broward’s manufacturing industry has seen at least […]
New Yahoo CEO sweeps out 2,000 employees in purge
Yahoo’s turnaround attempt is going to be messy. In his first three months on the job, CEO Scott Thompson has imposed the largest layoffs in the company’s 17-year history, reshaped the board of directors, picked a potentially disruptive fight with a major shareholder and sued Facebook for patent infringement. He says there’s even more upheaval […]
Four years later, South Florida’s worst recession only hints at a real recovery
About 3 years ago in the depths of the recession, contractor George Cuesta was once hoping to land a small resort renovation process in South seaside. He didn’t get it, however no one else did either. The gutted construction sat idle off twenty second side road when the investment fell aside, as pigeons nested at […]