Robert Stack

October 24, 2022 | Daily Business Review

The 2.5% jobless rate, the lowest for the state since October 2006, is based on data collected before Hurricane Ian made landfall and crossed Florida.

By Jim Turner

3 minute read

October 21, 2022 | Daily Business Review

Goldman Sachs added its voice to calls from PGIM and JPMorgan Asset Management flagging the upward risks to yield premiums in credit as the chances of recession in the U.S. mount.

By Finbarr Flynn

2 minute read

October 21, 2022 | Daily Business Review

Hurricane Ian carved a trail of ruin across southern Florida, downing bridges, inundating roads and shattering homes. Insured losses have been estimated at more than $60 billion.

By Stephan Kahl

2 minute read

October 21, 2022 | Daily Business Review

Former Treasury Secretary Lawrence Summers said that governments need to pay increasing attention to their budgets, with mounting deficits alongside surging borrowing costs having the potential for shaking confidence.

By Christopher Anstey

3 minute read

October 21, 2022 | Daily Business Review

Officials in the U.S. government and intelligence community are weighing what tools, if any, are available that would allow the federal government to review Elon Musk's ventures, including his Twitter deal.

By Jennifer Jacobs and Saleha Mohsin

4 minute read

October 21, 2022 | Daily Business Review

Florida's property-insurance market has long been troubled, with private insurers dropping customers and raising rates because of financial losses.

By Jim Turner

4 minute read

October 20, 2022 | Daily Business Review

U.S. District Judge Kathleen Williams will consider a challenge by the Florida Democratic Party to part of a new elections law dealing with canvassing boards.

By Jim Saunders

4 minute read

October 20, 2022 | Daily Business Review

The Federal Deposit Insurance Corp. said the increase was meant to boost the industry's overall ratio of protection to insured deposits, a measure that fell as Americans saved more during the COVID-19 pandemic.

By Katanga Johnson

3 minute read

October 20, 2022 | Daily Business Review

Russia's unprovoked attack on Ukraine, the energy crisis and U.S. politics necessitate greater clarity about banks' environmental commitments, according to the chair of the Net-Zero Banking Alliance.

By Alastair Marsh

4 minute read

October 20, 2022 | Daily Business Review

The Federal Reserve has been raising interest rates aggressively to try and cool demand to bring down consumer inflation that has remained above 8% for seven straight months.

By Steve Matthews

3 minute read