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Friday's Daily Pulse
What you need to know about Florida today
Home flipping increasing in Florida again
Are home flippers returning to Florida’s housing market? According to the state’s chief economist Amy Baker, the answer to that question is yes. Baker told the Florida Senate’s Appropriations committee on Thursday morning that Florida’s housing recovery has started to attract home flippers again. [Source: Times/Herald]
Businesses targeting Hispanics to boost sales
There are about 55 million Hispanics in the U.S., according to the Census Bureau, which reported Hispanics accounted for more than half the U.S. population growth from 2000-10. Hispanics also have enormous buying power - $1.4 trillion, according to an estimate by market research company Nielsen. [Source: AP]
Federal Reserve will keep interest rates the same
The Federal Reserve is keeping U.S. interest rates at record lows in the face of threats from a weak global economy, persistently low inflation and unstable financial markets. Read more from the AP, Bloomberg Business, and the Wall Street Journal. Read the full statement from the Federal Reserve.
See also:
» Fed decision to hold rates at zero perplexes experts
» Why the Federal Reserve kept rates low Thursday and why it matters
Arms firms do business with new buyers as cyber fears grow
A broadening wave of cyber attacks is drumming up new clients for defense companies as anxiety about the loss of sensitive data spreads from military chiefs to company bosses. [Source: Reuters]
Growing state reliance on property taxes for schools raises ire
Gov. Rick Scott and his education team are touting an "historic" increase in per-pupil funding in Florida schools next year. But the state's proposed education budget relies more than ever on higher property taxes paid by homeowners and businesses [Source: Tampa Bay Times]
› Jacksonville parking entrepreneur honored by governor
A Jacksonville businessman was honored Thursday by Gov. Rick Scott. Dane Grey, founder of Elite Parking Service, received the Governor’s Young Entrepreneur Award along with seven people from Gainesville in a ceremony there.
» See also: Governor makes Gainesville stop to laud job-creating entrepreneurs
› car2go to expand to Miami Beach
Car sharing company car2go said it would launch service in Miami Beach on Oct. 1. The company will offer 11 surface lots with 26 designated parking spaces for its service in the city.
› Boosters say Ybor City is the logical spot for a Cuban consulate
Despite the bouquets St. Petersburg Mayor Rick Kriseman is throwing Cuba's way, Ybor City boosters believe the island nation's choice for its first consulate in the United States in more than a half century should be the Tampa's famed district.
› Hundreds gather to celebrate Jacksonville tourism industry
The recent rebound of Jacksonville’s $2.2 billion hospitality industry and the plan to continue its resurgence were topics at Visit Jacksonville’s annual Destination Celebration on Wednesday.
» See also: Visit Jacksonville announces awards to area residents, businesses helping to drive record tourism visits
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