Tuesday's Afternoon Update
Home price gains slow for 6th straight month
U.S. home prices rose in May from a year earlier at the weakest pace in 15 months as sales remain modest in the spring buying season. The Standard & Poor's/Case-Shiller 20-city home price index, released Tuesday, increased 9.3 percent in May from 12 months earlier. More at the AP, the Sarasota Herald-Tribune, and CNNMoney.
See also:
» Realtors concerned about effects of Zillow-Trulia merger
Preparing small-business owners for retirement
Small-business owners often are so busy working that they don’t take time to plan for their retirements. But that is clearly a mistake, financial advisers say. In turn, advisers are helping these entrepreneurs more accurately value their businesses as well as their personal expenses. More at the Wall Street Journal.
Gov. Scott agrees to appear in 3 debates
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Travel Business Delta to offer free entertainment on U.S. flights
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Florida Gov. Rick Scott says he will participate in three debates this fall. Scott in a statement called on Democratic rivals Charlie Crist and Nan Rich to plan to participate in the debates now. More at the Gainesville Sun.
Student workers integral part of several businesses
Several businesses have built their models around mobilizing a small army of college students for the busy period from late July until school starts, then cutting back on staff and hours when students are looking for part-time work that fits their school schedules anyway. More at the Ocala Star-Banner.
Miami startup SportsManias receives $3.5 million
About a year after securing $1 million in seed funding, Miami startup SportsManias said it has closed on an additional $3.5 million in Series A financing to help it scale its business. SportsManias.com aims to be the diehard sports fan’s source for personalized real-time team news. More at the Miami Herald.
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