Good Morning! On this day in 1967, a Miami woman was sentenced to 30 days in jail after she was pulled over in a station wagon filled with 25 nursery-age kids. She couldn’t explain where she was or where she had come from.
Saharan dust is headed to Florida. It travels to the Sunshine State each summer, causing hazy skies, colorful sunsets, and lower air quality.
Today’s sponsor is Pacaso, offering an investment opportunity in the real estate industry.
Daytona Beach 🌦️ 88/73° | Ft. Myers 🌤️ 94/75° | Jacksonville 🌦️ 91/74° | Key West 🌤️ 87/81° | Miami 🌤️ 88/80° | Ocala 🌤️ 92/73° | Orlando 🌦️ 92/75° | Pensacola 🌦️ 81/73° | Port St. Lucie 🌤️ 91/73° | Tallahassee 🌦️ 85/71° | Tampa 🌤️ 93/77°
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Gold and Silver Made ‘Legal Tender’
Gov. Ron DeSantis held a press conference on financial sovereignty Tuesday in Apopka to sign a bill allowing people to use gold or silver coins to pay for bills.
The bill is based on a clause in Article I of the U.S. Constitution that allows states to “make gold and silver coin a tender in payment of debts,” including taxes, within the state’s borders.
The bill exempts qualifying gold and silver coins classified as “legal tender” from Florida sales tax. It also allows government agencies to accept gold and silver coins to pay bills through electronic transfer or with a debit card.
The state legislature must ratify the rules governing gold and silver. Florida’s Chief Financial Officer must submit those to the governor and lawmakers by Nov. 1. If lawmakers agree to everything, the law would take effect July 1, 2026.
Governor DeSantis also signed five other bills into law on Tuesday.
Former ‘Hero’ Sentenced for Felonies
A man once hailed as a hero in Volusia County for fixing senior citizens’ and veterans’ homes damaged in the 2022 hurricanes was sentenced to eight years in prison on Tuesday for defrauding people out of tens of thousands of dollars.
Steve Parker pleaded guilty to 12 felony counts after Port Orange police arrested him for impersonating a contractor and stealing money from hurricane victims in seven cases.
Parker was first arrested in October 2023 after he was hired by a local family, who gave him nearly $74,000 in FEMA funds to fix their house. Little of the work was completed.
Investigators found Parker was never a contractor and used the license and identification of another man—also named Steve Parker—who is a legitimate contractor in South Florida.
Florida Cities are ‘Talent Dense’
Cities in Florida claimed five of the top 20 spots for top-tier innovation hubs across the South in a new ranking that determines which cities in the region are the most “talent dense.”
Netflix CEO Reed Hastings coined the phrase talent dense to describe localized clusters of skilled professionals, particularly in fields like technology, science, and engineering. The study weighed 15 metrics across employment, business environment, and education.
Orlando (No. 5) was the highest-ranking Florida city and had the third-highest increase in STEM employment, at 55%. The city came in second for the density of its vocational STEM institutions and for the 4,332 vocational STEM awards it gave out.
The study revealed that 44% of college-educated residents in Miami (No. 7) moved in last year, and Miami is No. 1 for STEM vocational institutions. Gainesville (No. 10) tied with Charleston, South Carolina, for vocational STEM program density.
Flying together with our sponsor
He’s Already IPO’d Once – This Time’s Different
Spencer Rascoff co-founded Zillow, scaling it into a $16B real estate giant. But everyday investors couldn’t invest until after the IPO, missing early gains.
“I wish we had done a round accessible to retail investors prior to Zillow’s IPO,” Spencer later said.
Now he’s doing just that. Spencer teamed up with fellow Zillow exec Austin Allison to launch Pacaso. Pacaso’s co-ownership marketplace is disrupting the $1.3T vacation home market. They’ve already surpassed $110M in gross profit and $1B in transactions.
➤Brevard County: Patrick Space Force Base will add buildings for STARCOM as the field command moves from Colorado to Florida as part of President Donald Trump’s plan for a proposed $175 billion “Golden Dome” missile defense system. (More)
➤ Pensacola: On Tuesday, the University of West Florida trustees named Education Commissioner Manny Diaz Jr. as the school’s interim president, taking effect on July 14. (More)
➤ Meanwhile, in Gainesville, University of Florida trustees unanimously voted to hire Santa Ono, the outgoing president of the University of Michigan, as the school’s new president. (More)
➤ Stuart: Flamur Zenelovic was hired as the new police chief following the retirement of Chief Joseph Tumminelli. (See Photo)
➤Charlotte County: Residents are pushing back against a proposed Buc-ee’s store off Interstate 75, with concerns including traffic, flooding, and the impact on wildlife. (More)
➤ Cypress Point: Sewage spills continue as infrastructure improvement plans progress, with a leak dumping 1,000 gallons of sewage into Escambia Bay this week. (More)
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➤ The Florida Panthers won Game 5 5-3 last night to clinch their series against the Carolina Panthers and move on to the Stanley Cup Finals. This marks the 6th year in a row that a Florida team will play for the cup. (More)
➤ Gov. Ron DeSantis is confident the Tampa Bay Rays aren’t leaving Florida. He remains adamant, however, that the state will not dedicate funds toward building a new ballpark. (More)
➤ Miami Heat players surprised former high school basketball star Neamiah Johnson with money, a jersey, and game tickets this week after his graduation. Johnson was paralyzed from the waist down a month ago after sustaining gunshot wounds. (More)
➤ Florida State golfers Lottie Woad and Mirabel Ting were both named First-Team All-Americans after leading the Seminoles to a third-place finish at the 2025 NCAA Championships earlier this month. (More)
➤ University of Florida big man Alex Condon has withdrawn his name from the NBA draft, returning to the Gators for his junior year. (More)
➤ Goldman Sachs says this phenomenon is creating 1,600 new millionaires daily—yet it’s flying under the radar. The analyst who foresaw Amazon and Qualcomm’s rise is now revealing his next big prediction, claiming this opportunity could surpass anything investors have seen before. (See It Here)
➤ Orlando’s Soco Thornton Park permanently closed on Sunday after almost 11 years as a popular Downtown restaurant. (More)
➤ Trump Media, based in Sarasota, is trying to sell and issue $2.5 billion in stocks and convertible notes for what it calls one of the most significant Bitcoin treasury purchases ever by a publicly traded company. (More)
➤Sprite has released Sprite + Tea, its newest flavor that combines the fizzy lemon-lime soda with Southerners’ favorite summer beverage. The amber-colored drink is available now through October. (See Photo)
Founded by the man who took Zillow from seed to IPO, Pacaso brings co-ownership to the $1.3T vacation home industry. They’ve already generated $1B+ worth of luxury home transactions across 2,000+ buyers. Top firms like SoftBank and Maveron are already holding shares.
Now, after 41% gross profit growth last year, surpassing $110M+ total, Pacaso is ready for what’s next. Best of all? You don’t have to wait to join, but time is of the essence.
This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.
➤ According to AAA, a record-breaking 2.6 million Floridians traveled at least 50 miles from home over Memorial Day weekend. That’s an increase of nearly 95,000 compared to last year. (More)
➤ Twenty life-size Origami sculptures are featured in the Garden Art Walk at Harry P. Leu Gardens, on display through Labor Day. (More)
➤ A special needs caregiver in Orlando helps those she works with to build confidence and creativity through cooking lessons. (See Video)
Flying together with our sponsor
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