March 19, 2024

Friday's Daily Pulse

What you need to know about Florida today

| 10/9/2015

Student debt becoming a multigenerational problem

America's crushing surge of student debt, now at $1.2 trillion, has bred a disturbing new phenomenon: School loans that span multiple generations within families. Weighed down by their own loans, many parents lack the means to fund their children's educations without sinking even deeper into debt. [Source: AP]

Some travelers love to hate the new discount airlines

Fans say the cheap tickets set the ultra-low-cost carriers apart in an industry where discomfort and inconvenience are now expected. But for many travelers, the new discounters take the aggravation to another level.[Source: South Florida Sun-Sentinel]

How economic downturns may be good for your health

Economic downturns, it turns out, appear to be good for health, according to a study released this week by the National Bureau of Economic Research. The research by Christopher Ruhm, a professor at the University of Virginia, builds upon earlier studies looking at the impact of economic downturns on health. [Source: Wall Street Journal]

Editor's update 10/12/2015: The story below is about residential real estate in South Africa. Our apologies - this story should not have been included in the Daily Pulse. We strive to provide news links to Florida first, then national or international stories as they impact Florida residents. Your feedback is always welcome: Email us here.

Residential property sales down on slowing economy

The slowing economy is starting to bite into the residential property market with sales and transfers dropping 7.1% in the third quarter of 2015 compared to the previous quarter. [Source: Business Day]

More than half of Florida voters want personal marijuana use legalized

A new Quinnipiac University poll finds growing support for marijuana in the Sunshine State. The poll finds Florida voters support legalizing personal marijuana use by a margin of 51 to 45 percent. [Source: WFTS]

ALSO AROUND FLORIDA:

› Personal grocery shopper service to start in Sarasota-Bradenton
More than 300 personal grocery shoppers are hitting the Sarasota-Bradenton area this month, and they say they can have your pantry full in less than an hour.

› South Florida business bankruptcies in decline
Business bankruptcy filings have declined significantly over the past year in South Florida, a direction financial analysts say will continue as the economy keeps strengthening.

› BrandsMart gets $3 million PACE loan for energy upgrades
BrandsMart USA has arranged the largest PACE loan in the U.S. Southeast to date: $3.1 million for energy upgrades at its store in Miami Gardens.

› Wesley Chapel medical tech firm plans to add 500 jobs
A Wesley Chapel health care software company said it plans on adding 500 jobs after recently securing $18 million from several private equity firms.

Go to page 2 for more stories ...

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