Tom Hudson
Senior Economics Editor and Special CorrespondentTom Hudson is WLRN's Senior Economics Editor and Special Correspondent.
Hudson's extensive reporting on South Florida's economy has taken him from the waters of Florida Bay to the depths of the PortMiami tunnel (and countless offices and conference rooms). He has interviewed bartenders and bankers, caregivers and CEOs to report on the people behind economic statistics.
He began his business reporting career in March 2000, just weeks after the dot-com bubble burst. He has reported from the trading floors of the CME, Chicago Board Options Exchange, NASDAQ and New York Stock Exchange. He previously served as Vice President of News at WLRN when he created and hosted The Sunshine Economy for 10 years. He was managing editor and co-anchor of Nightly Business Report on PBS.
Hudson is married with two sons and advises every bicycle rider to always wear their helmet.
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Most of the affected jobs, just over 2,500, were employees based at Fort Lauderdale-Hollywood International Airport. Another 550 jobs were cut from Spirit’s Dania Beach headquarters in Broward County.
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Spirit was the dominant airline at the Fort Lauderdale airport. It was responsible for a third of passenger traffic and 13% of Broward County’s aviation revenue. Spirit’s one-time merger partner, JetBlue, has moved the fastest, announcing expanded service at FLL.
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Florida’s private passenger train service saw its business grow in 2025, but not fast enough to keep up with its approaching debt requirements. Brightline’s annual report shows while ridership and revenues increased, it is burning through cash.
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Spirit Airlines is preparing to stop flying. But the timing of a final decision is uncertain, The Wall Street Journal reports. President Donald Trump, however, says he’s still looking at a taxpayer-funded takeover of Spirit Airlines.
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South Florida boasts two of the three largest realtor associations in the country. They will merge in May into a mega agency with 93,000 brokers.
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Miami Mayor Eileen Higgins said the city "has to be ready to go" if voters approve any constitutional amendment to reduce or erase most property taxes for homeowners. There is no ballot referendum yet, despite promises by Gov. Ron DeSantis.
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March was a record month for Brightline, carrying almost 11,000 passengers on the average day. Yet, the service still is rushing to fix its finances as it gets a little more time to pay some of its debts.
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The e-commerce company is renovating its Homestead warehouse less than two years after opening it. The re-tooling will take about two years and means over 600 jobs will be cut.
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Home and condo prices are climbing in Palm Beach County, but remain mixed in the rest of South Florida. Affordability continues to be challenging with just 14 homes for sale in Miami-Dade County for under $300,000. Any effect on buyer appetite from higher gas prices wouldn't show up until April or later.
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If the recent Silicon Valley Bank rescue was controversial, the Federal Reserve’s actions to stop a bank run in Havana 97 years ago seem scarcely believable. It is a once-confidential tale of millions of dollars in $5 and $10 bills sent barreling to Key West on Flagler’s Train to Paradise, before crossing the Florida Straits in a tense, liquor-soaked journey on a Cuban gunboat.
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Florida has one of the largest foreign-born populations in the U.S. For some, the fate of citizenship for their new children hangs in the balance of the Supreme Court’s decision on President Trump’s effort to change more than a century-long practice.
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Cheaper fares for rides between Brightline stations in South Florida helped boost ticket sales in February. The train’s longer distance service was able to charge more than a year ago and still attract more passengers. It needs more of that as it races to meet its debt obligations.