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A new report from the Hawaii Executive Conference details the state’s worsening financial problems, but it doesn’t offer any solutions.
Gather Federal Credit Union’s CEO estimates the number of credit unions in Hawaii has shrunk from nearly 100 to slightly more than 50 in the last decade.
A growing number of tourism hot spots, ranging from Mallorca to Bhutan to New Zealand, are imposing new taxes and fees on visitors.
Hawaii’s shift to renewable energy was meant to trigger an explosion of new jobs, but officials aren’t closely tracking employment in the sector.
The expected decline could cost the island more than $30 million per month in direct spending, based on state tourism data.
A slew of tax legislation passed by the Legislature in 2019 was offset by tax breaks and will make little difference.
Southwest is bringing lower fares to Hawaii and new restrictions on Airbnbs are also creating uncertainty about future traffic.
A Colorado portfolio manager has big plans for a $44 million S&P 500 index fund that he has brought to Hawaii.
Amid mass Airbnb cancellations, one local bride said two of her bridesmaids can no longer attend her wedding.
“It’s like you’re in that middle zone where you’re making too much to receive help, but you’re not making enough to really prosper.”
The federal poverty line already doesn’t take into account the state’s high cost of living.