News

Business Group Calls for New Local Tax Cap

TALLAHASSEE — Arguing that local government spending has ballooned uncontrollably, the National Federation of Independent Business kicked off a petition drive Tuesday to put an amendment on the 2010 ballot restricting local governments' ability to spend. Calling the initiative "Your…

Market Downfall Affects State Catastrophe Fund

TALLAHASSEE — There was good and bad news for the state's Hurricane Catastrophe Fund Tuesday. The fund that reimburses insurance companies facing extraordinary claims following a hurricane has more mostly liquid assets – totaling about $10 billion – than ever…

September Nets Mostly Losses for State Investments

TALLAHASSEE — A tumultuous September brought significant financial losses for Florida as the country saw several financial giants crash and burn in a flailing economy. The state invests portions of several funds in the stock market through a diverse portfolio.…

Crist: I'm Committed to Expanding International Trade

MIAMI – Governor Charlie Crist on Friday joined hundreds of executives and elected officials from Latin America and the Caribbean to discuss partnerships with the neighboring countries in areas of international trade, alternative energy and environmental preservation. Speaking at the…

How Safe is Your Money? Here's How to Check

In these shaky economic times, consumers and businesses are rightly worried about protecting their finances. So how safe are your savings? Most bank accounts, up to $100,000, are insured by the Federal Deposit Insurance Corporation. “For 75 years, no one…