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May 23, 2018

Monday's Daily Pulse

What you need to know about Florida today

| 6/16/2014

Retirement Moves Make a Comeback

Retirement moves, which dropped sharply during the worst of the recession, are making a comeback. Florida, the top draw for movers 55 and older, is gaining about 55,000 older movers each year, more than twice the growth it saw after the housing bubble burst in the middle of the last decade, according to a Stateline analysis of Census Bureau numbers. [Source: Stateline]

See also:
» Retiring? Now it’s time to start a business
» For older business owners, knowing when to sell the business is critical

FAA's drone approval in Alaska heightens anticipation in Northeast Florida

As the Federal Aviation Administration took a small step last week to ease restrictions on the use of commercial drones, developers of unmanned aviation vehicles on the First Coast say the market for the devices is poised to flourish. [Source: Florida Times-Union]

Russia plunges into Cuban oil exploration

Russia has agreed to plunge into the search for oil in deep waters between the shores of Cuba and Florida, renewing fears of a major oil spill and the potential for environmental disaster. [Source: South Florida Sun-Sentinel]

Student loan debt is serious business

More than 42 million people have student loans, a total of more than $1 trillion of outstanding debt. About a decade ago, the total stood at $250 billion. Florida is the state with the fourth highest number of federal student loan borrowers (2,334,000). [Source: Newstimes]

Surging tourism drives sales of hotels

Tourists aren't the only ones flocking to South Florida. As hotels fill up, investors are scooping up the properties, buoyed by higher room rates, the economic recovery and the loosening of lender financing, lodging real estate specialists say. [Source: South Florida Sun-Sentinel]


› Luxury condos go from recession doom to boom
Even after years of overbuilding, supplies of high-quality condos today remain thin. Banks and builders caught by the condo bubble's burst swore off building new condos or opted for more appealing alternatives, such as easily filled apartments.

› Seminoles expanding empire beyond gambling
Say "Seminoles," and you think gambling. The tribe wants to change that. The Hollywood-based tribe is expanding its business empire into such diverse areas as cattle, seafood, beverages, wine, oil, e-cigarettes, construction and banking.

› Q&A with Hilarie Bass, co-president of Greenberg Traurig
Hilarie Bass, co-president of Greenberg Traurig, shares thoughts on her career, Miami, leadership and mentoring — and making a difference.

› 'Microplastics' imperil marine life in Tampa Bay, worldwide
A new pollutant, one that few people have ever heard of, has been building up in Tampa Bay and posing a serious threat to marine life in Florida's largest estuary. So far, nobody knows what to do about it. Scientists are discovering "microplastics" — tiny shreds or particles of plastic — in every ocean in the world, including the Arctic.

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Florida Trend Video Pick

Why are Miami wages so low? 'No. 1 startup city' comes with a downside
Why are Miami wages so low? 'No. 1 startup city' comes with a downside

Tiffany Zadi sells leather fashions for her one-person business called Heist. As part of that she does a lot of shows and pop-up stores and events around Miami as well as out of town.

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