Marketplace

Kenny Malone / WLRN

In the middle of the night, Brenda Shapiro woke up and thought: “LibbyLicious.” The prefect name for a small baking business built from a mandelbread recipe handed down by her husband’s grandmother, Grandma Libby.

Unfortunately, the South Florida baker did not wake up with a social media strategy.

“This is why I have my daughter-in-law do this for me,” Shapiro says. “I’m busy baking, delivering, packaging, going out and selling my cookies myself. I’m a one-person show.”

Sports Arenas, Big Mall Are Regional Assets

Jan 27, 2013
Kenny Malone / WLRN

The Marketplace Morning Report is broadcasting this week from WLRN's studios in the city it thinks typifies the evolution of America: Miami.

In its first segment this morning, host Jeremy Hobson discussed the region's "inferiority complex" with Miami Herald economy reporter Doug Hanks and how that might drive spending on sports arenas.

Also, WLRN's Kenny Malone explored Broward County's gigantic Sawgrass Mills, which is an international tourist destination as well as a shopping mall, and lost his car in the parking lot.

You No Longer Have To Be Rich To Cruise

Jan 26, 2013
Marketplace

 

   Marketplace Morning Report wraps ups its week in Miami with a look at the cruise industry and an interview with Adam Goldstein, president of the cruise line, Royal Caribbean.

Once the pastime of the very wealthy, cruising has become a mainstream vacation, Goldstein tells MMR host Jeremy Hobson, and the U. S. is the biggest "source market" for the cruise industry, even though the growth rate of other source markets is greater.

What does that say about the New American Dream here and elsewhere?

The American Dream Life On Fisher Island

Jan 25, 2013
Marketplace

On  the last day of its week in Miami, searching for the New American Dream, Marketplace Morning Report visits exclusive Fisher Island, where people pay a million dollars for the slips where they tie up their $40 million yachts.

Host Jeremy Hobson learns that few of  Fisher's residents had money "fall from the sky" on them. Most of them worked for it, says a real estate agent who sells homes there, so the dream -- even the Fisher Island dream -- is still within reach.

Marketplace In Miami: An Economic Roundtable On Miami's Biggest Challenges

Jan 24, 2013
Charlton Thorp / Marketplace

 

Is Miami the city of the future? What economic challenges does it face going forward? Jeremy Hobson hosts a roundtable discussion with Paola Iuspa-Abbott, a reporter with the Daily Business Review, Andrea Heuson, a professor of finance at the University of Miami, and Dan Grech, formerly of Marketplace and now the news director at WLRN Miami Herald News.

One of the questions Marketplace asked: What is the biggest economic problem in South Florida right now? 

Searching Liberty City For American Dream

Jan 24, 2013
Charlton Thorp/Maretplace

Continuing its search for the New American Dream in Miami, the Marketplace Morning Report goes to one of the city's poorest neighborhoods:  Liberty City. Host Jeremy Hobson interviews local residents and takes a driving tour.

In the second segment, Hobson's panel of Miami journalists, including WLRN news director Dan Grech, returns for a discussion of what each panel member considers South Florida's worst economic problem.

Jolie Puidokas/Marketplace

In the Marketplace Morning Report's second Wednesday segment, host Jeremy Hobson wonders if home ownership is still part of the American Dream. He speaks with Miami's billionaire condo king, chairman George Perez of the Related Group, and introduces WLRN's Karen Burkett with a story about the challenges that home buying poses to normal-income people competing with investors for the same properties.

Jolie Puidokas / Marketplace

 

 

Nathalie Nahas Cortas has a master’s degree in international business, is fluent in several different languages and has had years of work experience. An employer’s dream, right?

“Once they know they have to work with you a little more on paperwork, they don’t want to deal with it. Why not have an American do the same thing you do without me working on your paperwork?”

And all that paperwork is required because Cortas is an immigrant.

Joe Raedle / Getty Images

Miami is a city made up of people from all walks of life. No one knows that better than Miami Mayor Tomás Regalado.

"Miami is one of the most diverse cities in the world," says the mayor. "Sixty-some percent of people living in Miami were born outside the United States."

Regalado is one of them. Born in Cuba, he came to the United States at age 14. After a distinguished career as a journalist , Regalado was elected mayor in 2009.

Dan Grech

  

 

Marketplace Morning Report will spend the first week of President Obama's second term broadcasting from Miami and demonstrating what some of the president's inaugural themes mean in real life.

The raw materials for show host Jeremy Hobson and his production team of three are Miami's huge immigrant population, its great wealth and crushing poverty, and the enormous empty space between those economic extremes.