economy

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.

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.

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.

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.

A panel of the Florida Legislature agreed Friday to distribute more than $105 million in federal dollars to shield FIFA World Cup matches in Miami from unmanned drones and other attacks.

Florida ranked 38th out of 49 states when it comes to susceptibility to burnout in a new study. But researchers say the climate can only do so much.

Cuba's deepening economic crisis is pushing struggling families into hunger and forcing them to rely on donations and the black market. One Havana mother says she sometimes has no lunch for herself and her daughters, as fuel shortages, daily blackouts and cuts to rationed food impact families across the island.

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.

The next president of the regional Federal Reserve Bank will be voting on interest rates next year. That’s just the highest profile task for the job that’s based in Atlanta but watches over the economy across parts of six states, including all of Florida.

The U.S. and Cuba have been at odds — economically and sometimes militarily — since the Cuban revolution led by Fidel Castro in 1959. But the current crisis is among the most difficult Cuba has faced since then.

Citrus groves are shrinking from disease, disasters and real estate development. The orange harvest is in a 30-year decline. Growers are using anti-bacterial injections and screenhouses to fight citrus greening as they look to diversify. For the farmer running a family-owned operation, it also feels like the end of an era. “People like myself, I'm almost 60, we're retiring or dying, and that knowledge is being lost with us,” said owner Steve Crump.

Condominium sales increased in February as prices and mortgage rates fell. $1 million-plus sales also buoyed the market before the war-induced uncertainty sent borrowing rates up.