Wonder of wonders, miracle of miracles, the banking system is safe and secure – from the Great Recession of 2008-09. That is more or less the Federal Reserve Board’s assessment after the latest round of stress tests were completed earlier this year. The central bank announced the results in late June and was clearly in […]Read More
Whether we like it or not, artificial intelligence is the future. But exactly what kind of future that will be is less clear. Proponents of the new technology hail it as the labor-saving device to end all labor-saving devices and AI companies are scrambling to find new ways to apply it to business, manufacturing and […]Read More
There are no such things as UFOs. However, there are unidentified anomalous phenomena – or UAPs – out there all the time. Just as the universe is expanding, so is the terminology for what we might see when we look, up in the sky and realize it’s not a bird or a plane. The UAP […]Read More
Enterprise Florida is no more. With the stroke of a pen, Gov. Ron DeSantis killed the public/private partnership economic development agency and moved its functions into a recreated Department of Commerce. The move was championed by House Speaker Paul Renner, who made it one of his top priorities when he took the gavel for the […]Read More
The internet is place of light, hope and community where people can engage with the rest of the world. It is also a dark pool of misinformation, lies and conspiracy theories where trolls and fraudsters spin their webs. Let’s take a (mercifully) shallow dive and see what’s bubbling to the surface. It doesn’t take long […]Read More
Financial and economic news can be confusing under the best of circumstances. But how different media platforms report on the complexities of banking, corporate earnings and regulatory actions can make those circumstances more difficult than they need to be. While economists and industry insiders know the lingo and are familiar with the issues, the general […]Read More
After another winter of legislative discontent made glorious summer travel season by a budgetary reprieve, Visit Florida is still in business. While not quite what the Bard of Avon had in mind in the opening monologue of “Richard III,” it is an apt metaphor for the Shakesperean journey of the state’s tourism development arm. The […]Read More
On March 10, Silicon Valley Bank collapsed, causing a disturbance in the financial force. A little over a month and a half later, the Federal Reserve Board released a report detailing the bank’s shortcomings, as well as its own. But instead of simply closing the barn door after the horses bolted, the Fed is making […]Read More
In a recent speech on Innovation and the Future of Finance, Federal Reserve Board Gov. Christopher Waller spoke eloquently about the role of innovation in society. And while he was focused primarily on the possibilities the blockchain and artificial intelligence bring to banking, he identified – perhaps unintentionally – a deeper issue regarding the limits […]Read More
If stories about artificial intelligence and cryptocurrency make you nervous or you’re worried that the robot apocalypse may be a real thing, you better skip Deloitte Insights Tech Trends 2023 report. While the look ahead doesn’t include an inevitable subjugation to our AI overlords, it does paint a picture of an increasingly tech-heavy – and […]Read More