Darden Restaurants said CEO and chairman Clarence Otis is resigning as the company focuses on its Olive Garden chain following the Red Lobster sale.» Read More
See average annual homeowners insurance premiums in these states, as well as average windstorm insurance premiums from the least expensive to the most expensive.
South Florida is the default capital of the country. Here in Miami-Dade County, one out of five households with mortgages is in foreclosure. Nearby Broward and Palm Beach counties are not far behind. Nearly 200,000 South Florida families are stuck in the mire of default the New York Times reports.
CNBC's Diana Olick reports the FTC will not enforce disclosure rules, the cost of living in your home went up in June, and the FDIC sold a Florida condo for the highest price ever paid for a bank owned unit.
CNBC's Brian Shactman reports on the huge financial void left in the wake of NASA closing its shuttle program.
The end of the shuttle program marks the beginning of hard times for Florida's "Space Coast", reports CNBC's Brian Shactman.
The fear in the area surrounding Kennedy Space Center is that when the Shuttle program ends this month, it will become the "Ghost Coast".
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There are plenty of impressive golf courses across the US. Click to see some of the most luxurious ones!
CNBC's Diana Olick reports on the turnaround in Florida condo sales due in large part to foreign investors buying the units for cash.
Many distressed homeowners have spent years wondering when they’re going to get kicked out. But the backlog of foreclosures has provided a reprieve. In New York, for example, it would take 62 years to process them all.
CNBC's Mary Thompson looks at negative equity problems in one of Florida's biggest thrifts.
A top Justice Department official says a sweeping guilty verdict in a Florida mortgage fraud case adds another face to the financial crisis.
Bargains are thinning out, but that hasn’t dampened the enthusiasm of real estate investors who target small apartment buildings, especially in the Sunbelt.
Florida Governor Rick Scott wants to get rid of his state's collective bargaining and start asking government employees to pay 5 percent into their pension plans, he told CNBC in an interview Wednesday.