More than 2.5 million Floridians enjoy the benefits of condominium living. Multi-story towers offer residents proximity to scenic views, workplaces, family, and recreational activities. Condominium ownership comes with significant financial responsibilities. Beyond the initial purchase cost, ongoing investments are necessary to maintain and support the infrastructure, protecting both the value of the property and the…
Ron DeSantis signed into law Senate Bill 4D (SB 4D) and Senate Bill 2D, marking a significant step towards improving building safety and property insurance regulations in Florida. The bills were enacted in response to the tragic collapse of the Champlain Towers South condominium in Surfside, Florida, in June 2021. Under the new law, all…
Kansas has launched a legal battle against pharmaceutical giant Pfizer, Inc., accusing the company of misleading the public about the safety and efficacy of its COVID-19 vaccine. The state alleges that Pfizer promoted the vaccine as “safe” despite being aware of serious potential side effects. This lawsuit, filed in the District Court of Thomas County,…
The Diocese of San Diego has officially filed for bankruptcy amidst a surge of lawsuits alleging sexual abuse of minors by priests, religious, and lay members. Cardinal Robert McElroy made the announcement July 17th, marking the second time the diocese has sought bankruptcy protection. The decision comes in response to approximately 450 lawsuits, 16 months…
On Sunday night’s episode of Last Week Tonight, John Oliver tackled the contentious subject of deep-sea mining, with a particular focus on the Clarion-Clipperton Zone (CCZ). This Europe-sized area, located three miles beneath the Pacific Ocean between Mexico and Hawaii, is under scrutiny for its vast reserves of precious metals and unique deep-sea life. Oliver’s…
Starting a fast-food chain requires both hubris and a really good idea. The history books are littered with chains that had big-name backing but failed miserably. For every Wahlburgers, the Mark and Donnie Wahlberg-owned burger chain, there are a lot more Kenny Rogers’ Roasters that got media attention and then went out of business. It’s…
Governor Ron DeSantis has signed into law HB 1021, which will overhaul state regulations governing condominium oversight and management effective July 1. The legislation, unanimously passed by the Legislature in March, aims to bolster accountability among condo boards regarding maintenance, repairs, reserves, and recordkeeping. This legislative response follows heightened scrutiny after the tragic 2021 Surfside…
According to US Treasury data cited by Bloomberg, Beijing sold $53.3 billion worth of US Treasury and agency bonds from its stockpile. That’s above already eye-catching volumes China was offloading last year. Altogether, one estimate has calculated that the country has sold $300 billion of US Bonds between 2021 and mid-2023. China’s selling grew to…
In a move aimed at confronting pervasive income inequality, California Governor Gavin Newsom recently signed into law a substantial increase in the state’s minimum wage for fast food workers setting it at $20 per hour. While celebrated as a significant step forward for workers’ rights and economic justice, experts argue that this adjustment, while notable,…
In some Florida cities, homeowners are finding it increasingly difficult to sell their properties as data reveals a growing number of listings remaining on the market for over 30 days. This trend is not only a result of high mortgage rates and soaring prices but also a reflection of a significant shift in buyer behavior…
