May 1, 2024

Monday's Daily Pulse

What you need to know about Florida today

| 1/18/2016

Why global woes and sinking stocks don't mean U.S. recession

Last week's harrowing plunge in U.S. stocks — fueled by economic fears about China and plummeting oil prices — left investors anxious and alarmed. Some wondered if it signaled an approaching recession in the United States. The answer, most analysts say, is no. [Source: AP]

The great 2016 Florida Python hunt is underway

The Burmese python, one of the largest snakes in the world, is running amok in Florida. Well, more like slithering amok. So much so that on Saturday, state officials kick off a month-long competition designed to remove as many of the colossal constrictors from the Everglades as possible. More from CBS News, CNN, and NPR.

Some progress but still waiting on Florida medical marijuana

In the two years since the Florida Legislature passed a law allowing highly restricted use of medical marijuana to help people with seizures, the measure remains in regulatory limbo with more questions than answers. [Source: AP]

Special interests flood Florida legislative campaigns

As Florida legislators begin their annual session in an election year, at least $28.5 million has been funneled into legislative political committees in the last six months, fueling progress on priority legislation for many industries, and blocking other ideas from advancing. [Source: Times/Herald]

With no ‘magic’ lift, Florida venture capital struggles

Dragged down by an anemic fourth quarter, venture capitalists injected $460.8 million into 58 deals in Florida in 2015, according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, which was released on Friday. [Source: Miami Herald]

ALSO AROUND FLORIDA:

› Business Central Florida business forecast 2016
The Central Florida economy just keeps growing. The Great Recession is mostly behind us. Jobs are more plentiful -- and pay more. The tourism, real estate, retail, technology and health industries are taking advantage of the improvement.

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› One Spark festival credited with boosting Jacksonville's startup image
Three years, hundreds of thousands of visitors, and millions of dollars later, the days of One Spark as an annual crowdfunding festival seem over.

› FPL seeks to raise electric rates
Florida Power & Light Co. is seeking to raise its base rates for the typical residential household by about $14 a month over the next four years. The typical residential electricity bill is $93 a month now. If approved, that would increase to $107, or 2.8 percent a year through 2020.

› UCF seeks better way to measure local economic success
Faced with a growing level of poverty in Orlando even as the unemployment rate drops to eight-year lows, University of Central Florida's economists are tackling new ways to measure local economic success.

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