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Florida Home Sales: 'A Bottom is Approaching'

Sales of existing single-family homes in Florida rose 24 percent in first quarter of 2010, marking the seventh consecutive quarterly gain, the state Realtors association reported today.

Condo sales were up for the sixth straight quarter as well, jumping 67 percent from a year ago.

Sean Snaith, director of the University of Central Florida's Institute for Economic Competitiveness, noted, however, that median prices continue to fall in virtually every part of the state. But, he added:

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Jerry Holbert Cartoon

May 11, 2010 - 6:00pm

In Britain, a Cautionary Tale for U.S. Parties

May 11, 2010 - 6:00pm

LONDON -- We Americans may have declared our independence from Britain in 1776, but there are still similar rhythms in British and American politics. Margaret Thatcher and Ronald Reagan both came to power amid the ruins of the 1970s and restored their nations' economies and spirits in the 1980s.

Backing AZ Law, Scott Bashes McCollum on Immigration

Conservative businessman Rick Scott has come out in favor of Arizonas new laws on immigration--and is contrasting his record to that of his chief rival in the Republican gubernatorial primary, Attorney General Bill McCollum

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OIR Defends Policies Before Cabinet

May 10, 2010 - 6:00pm

Responding to questions from state Chief Financial Officer Alex Sink, Florida Office of Insurance Regulation Commissioner Kevin McCarty offered a presentation to the Cabinet on Tuesday on what his office has done about two financially unstable insurance companies.

Seminole Gaming Deal Could Face Legal Challenge

May 10, 2010 - 6:00pm

"Exclusivity" could bust Florida's Seminole gaming compact, say critics who vow to challenge the agreement at the U.S. Supreme Court.

Special Session: Drilling for a Gusher of Campaign Contributions

Raise your hand if you think Gov. Charlie Crist's call for a special session is anything other than a fund-raising opportunity.

Hands down, this is a blatant ploy to soak up more campaign contributions heading into the November elections. How? By tacking on plans to give tax incentives for utilities to diversify and explore renewable energy sources, such as solar and wind power.

The state House passed HB 7229 to incentivize investor-owned utilities (and bypass the Public Service Commission), but the Senate let the bill die in the waning hours of the 2010 session.

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Winstead: Stimulus Money Being Spent Ahead of Schedule

May 9, 2010 - 6:00pm

Florida had spent more than $16 billion from the federal stimulus dollars by the end of March and is on track to spend at least $1 billion more by the end of the year, the states recovery point man said Monday.

Don Winstead, appointed by Gov. Charlie Crist to oversee the collection and distribution of American Reinvestment and Recovery Act funds, said nearly $20 billion in federal stimulus dollars has been awarded or expected as the state continues to reap the benefits of federal tax dollars aimed at jump-starting the national economy.

Is the War Coming Home?

May 10, 2010 - 6:00pm

Faisal Shahzad sought to massacre scores of fellow Americans in Times Square with a bomb made of M-88 firecrackers, non-explosive fertilizer, gasoline and alarm clocks.

Umar Farouk Abdulmutallab tried to blow up a U.S. airliner over Detroit with a firebomb concealed in his underpants. Maj. Nidal Malik Hasan shot dead 13 fellow soldiers at Fort Hood and wounded 29.

Jeff Stahler Cartoon

May 10, 2010 - 6:00pm

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