Wall Street put a stop to a terrifying decline and stormed higher Friday as President-elect Barack Obama appeared ready to tap the chief of the New York Federal Reserve as the next treasury secretary and hand him the herculean task of righting the U.S. financial system. The Dow Jones industrial average, which had broken even for the day until news of the nomination leaked about an hour before the close, raced upward and finished 494 points higher, a rally of more than 6 1/2 percent.
Florida's unemployment rate hit 7 percent in October, the highest rate in 15 years, the state labor department announced Friday. That's an increase of half a percentage point from the previous month.
Slightly fewer people will travel this Thanksgiving holiday, reflecting the downturn in the economy.
With a worsening economy, more security companies are warning shoplifting and employee theft could increase.
A Miami attorney and entrepreneur plans to turn the arcane topic of asset forfeiture into a budding business.
Perry Ellis' third-quarter income declined, but the company is making cuts and taking steps to get in posit...
The makers of the Burn Notice television show are looking for other locations amid a lease dispute with Mia...
Believe it or not, gas prices are falling more quickly than the stock market. Experts expect prices to cont...
A surprise new bidder for U.S. Sugar could complicate the state's plans to buy farms for Everglades restora...
Stocks plunged for a second straight day, falling to a range not seen in more than five years as financial ...
With the number of new claims for U.S. jobless benefits hitting a 16-year high of 542,000, some economists ...
Mexico says its yearly growth rate dropped to 1.6 percent in the third quarter, its slowest rate since 2003...
Federal regulators on Friday shut down two big thrifts based in Southern California, saying they fell victi...
Prices for Venezuelan oil reached their lowest level in 22 months Friday as fears of a global recession sta...
The economy appears headed toward the deepest recession in modern times, consumer confidence is at record l...
Georgia regulators on Friday shut down The Community Bank, the 20th failure this year of a federally insure...
Alaska Gov. Sarah Palin isn't the only government official hawking goods online. With the economy continuin...
Croatia's president urged Balkan leaders on Friday to boost economic cooperation as a means of limiting reg...
Curacao's national carrier, Insel Air, is launching flights between Miami and Curacao on Friday. Through No...
Indian movie stars were in Miami earlier this year filming a movie. Tourism officials hope the rest of Indi...
The Curacao Tourism Corp. said Curacao's national carrier, Insel Air, will launch flights between Miami and...
In a Mumbai theater last weekend, about 80 travel agents, tour operators and travel writers sat down for a ...
Brazil's retail sales rose more than economists forecast in September, a sign that consumer demand in Latin...
Chinese President Hu Jintao agreed to deals with Cuba that include purchases of Cuban nickel and sugar and ...
Word of mouth is one of the most common ways homebuyers and sellers find a real estate agent. Now, there ar...
Maybe there's something to face-to-face interaction after all.
If only we could be a fly on the wall when our enemies are plotting to attack us. Better yet, what if that ...
Not everyone is slashing jobs in these grim economic times. Microsoft Corp. has no plans to cut back on res...
The Pentagon has banned, at least temporarily, the use of external computer flash drives because of a virus...
Two engineers from China were sentenced to a year in prison Friday for stealing computer chip designs from ...
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