BANKING

Commerce Bank of Southwest Florida seized, promptly sold

Banking regulators seized Commerce Bank of Southwest Florida and sold the tiny Fort Myers bank to Central B...

UNEMPLOYMENT

Temp labor may be bridge to recovery

Florida's jobless rate ticked up to 11.2 percent last month. But employers are starting to hire more temps ...

ECONOMY

As the South Florida economy slows, so do divorces

With the economy sputtering, South Florida couples are staying together more or attempting do-it-yourself d...

UNEMPLOYMENT

Unemployment compensation tax will surge for employers

The state's trust fund for unemployment benefits is depleted, and employers will have to pay much higher ta...

FONTAINEBLEAU LAS VEGAS

$102 million bid offered for Fontainebleau Las Vegas

A Pennsylvania casino chain offered 5 cents on the dollar for the bankrupt Fontainebleau Las Vegas, but dev...

AUTOMOTIVES

Potamkin sells N.Y. showroom for $125 million

Potamkin Automotive has sold its flagship New York showroom on Manhattan's `auto sales Autobahn' for $125 m...

INTERNATIONAL BANKING

Economists: Worst is over

The worst of the Great Recession is over and Latin American economies are poised for better days in 2010, a...

Real estate listings from Michael Y. Cannon

HOMESTEAD WAREHOUSE SELLS FOR $1.75 MILLION Location: 701 S. Homestead Blvd. Seller: American Natio...

HOT PROPERTY: SOUTH FLORIDA

`Architectural triumph' sells for $5 million

Hot Property: South Florida spotlights selected luxury home sales in Miami-Dade, Broward and Palm Beach cou...

REAL ESTATE

Florida still leads nation in foreclosures

A rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure.

Florida leads nation in foreclosures

Florida had the highest foreclosure and mortgage delinquency rate in the nation during the third quarter of...

Mortgage rates fall to record lows

Mortgage rates dropped to a historic low, but fewer people are getting home loans. The benchmark 30-year f...

High-profile builder's Palm Beach office complex to be auctioned

Palm Beach builder Robert Matthews' development dynasty has tumbled during the past several months, losing ...

U.S. mortgage delinquencies hit another quarterly record

The pace at which people fell behind on their mortgages slowed during the summer for the third consecutive ...

Stock futures point to higher opening

Stock futures are pointing to a higher opening Monday as the dollar weakened and investors try to snap a th...

Investors look to data-heavy week for more clarity

Investors are heading toward the final month of the year with more questions about the economy than they ha...

How the major stock indexes fared on Friday

Stocks fell for a third straight day Friday as a disappointing outlook from computer maker Dell Inc. sugges...

Stocks fall for 3rd day as dollar strengthens

Investors can't shake their fears that the economy isn't keeping up with the stock market.

Stock futures point to modestly lower opening

Stocks are set to continue their slide as the dollar is strengthening, and after a week of mixed economic r...

How the major stock indexes fared on Thursday

Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets li...

Coventry, BJ's Wholesale, Vivus are big movers

The following stocks were among those that moved substantially or traded heavily Wednesday on the New York ...

EDITOR'S NOTE

Editors note: Corporate gift-giving requires discretion

Most of us in business roles have been on the receiving end of holiday gift-giving. But in these wobbly eco...

Gold and silver prices

Selected world gold prices, Friday London morning fixing: $1,142.50 up $7.00 NY Handy & Harman: $...

THE COLOR OF MONEY

Do your due diligence when investing in charity

There's no surprise that charitable giving is down this year. Fifty-one percent of charitable organizat...

ASK MEG

So long as there are easy victims, there'll be scammers

The ``buzz-question'' around town these days, as we watch the Madoff auctions and Rothstein repossessions w...

UNEMPLOYMENT

Temp labor may be bridge to recovery

Florida's jobless rate ticked up to 11.2 percent last month. But employers are starting to hire more temps ...

SCOTT ROTHSTEIN SCANDAL

Other law firms scoop up Scott Rothstein's colleagues

Being a former employee of Scott Rothstein isn't proving to be an obstacle for some of those attorneys who ...

Checkmates: Couples share money strategies

Three South Florida couples share their strategies for balancing finance and romance

BANKING

China shores up Latin America ties

Chinese banking officials are learning Spanish and Portuguese as they look to Latin America with big plans ...

IberiaBank outlines Florida strategy

IberiaBank executives Monday discussed their goals for the 34 banking offices the Lafayette, La.-based inst...

BANKING

Customer consent will be a must for overdraft fees

A new rule issued by the Federal Reserve will prohibit banks from charging overdraft fees on ATM and debit ...

TD Bank questioned in Scott Rothstein scandal

Investors who fear they may have lost hundreds of millions entrusted to Fort Lauderdale lawyer Scott Rothst...

BANKS

CIT's move to bankruptcy court means more instability for retailers

Commercial lender CIT Group, which narrowly avoided collapse in July, has filed for bankruptcy -- one of th...

CITIGROUP

Citigroup taxpayer ownership doesn't prevent lobbying

Citigroup, which has yet to repay $45 billion in federal assistance, has more lobbyists than any other comp...

BANKING

Florida bank closings push total to 102 for year; most since 1992

U.S. bank closings for the year crested the century mark -- the most since 1992 -- in part because of three...