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Front Page » Business & Finance (Page 5)
Latest in Business & Finance

Hedge funds lead financial firms’ flow into Miami

Drawn by both favorable weather and tax climates, financial service firms are a fast-growing business sector here. “Hedge funds have been moving from New York and elsewhere to Miami,” said attorney Carlos Deupi, chairman of the Miami…

Zoo attraction closer to reality

Zoo attraction closer to reality

Negotiations to bring a theme park to the area around Zoo Miami are underway now that Miami-Dade County commissioners have struck down two competing bids in an effort to drive…

Cash buyers squeeze out mortgages

Cash buyers squeeze out mortgages

Unless you’re a buyer with a lot of money, mortgaging a home in Greater Miami should continue to be a challenge this year. Opportunities for conventional 30-year mortgages will be…

Convention bureau backs Beach center plans

Convention bureau backs Beach center plans

With a lot riding on a Miami Beach Convention Center update, the Greater Miami Convention & Visitors Bureau says it fully supports the new plan to court proposals for the…

Miami remains US foreclosures capital

How bad has the foreclosure crisis been in Miami-Dade County? Initial filings here dropped by 36% last year, yet the county remains the foreclosure capital of the US. However, market…

Florida’s rebound from Great Recession strengthens

Florida’s rebound from Great Recession strengthens

Florida’s economy is expected to continue to rebound in 2014 – albeit very fragilely – from the Great Recession of 2008 and 2009. Although the housing market has made significant…

Lackluster outlook for international trade

Lackluster outlook for international trade

Miami’s robust international trade business heads into 2014 with a largely lackluster outlook. Through the first 11 months of 2013, trade declined with two of Miami’s top five trading partners,…

BNY Mellon Wealth Management shifts management

A Miami native has been tapped for a high-level job with BNY Mellon Wealth Management and plans to add new employees throughout the state this year. Joe Fernandez was promoted…

Bitcoin finds Miami a bit of all right

What’s value of one US dollar? Depends on the exchange. Today in virtual currency bitcoin, $1 USD is roughly equivalent to .001 bitcoin. Or, one bitcoin is worth one Grover…

JP Morgan Chase adds 8 branches, plans more

JP Morgan Chase adds 8 branches, plans more

JPMorgan Chase is strengthening its brick-and-mortar presence and ATM network, going against convention as most banks shift their focus to online services. It added eight branches in 2013, including three…

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