Fed Raises Interest Rates, Tries To Catch Up With Inflation
In an effort to get a handle on the worst inflation in America in the last 40 years, the Federal Reserve has raised interest rates by a half-percentage point.
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In an effort to get a handle on the worst inflation in America in the last 40 years, the Federal Reserve has raised interest rates by a half-percentage point.
Renters are facing sticker shock across South Florida and the country. Miami has seen rents jump 58% in the past two years, according to Realtor.com.
Florida gas prices are on the rise again. The average price rose to $4.18 per gallon on Sunday.
Federal student loan debt could be canceled. President Joe Biden said he's "taking a hard look" at the issue will reach a decision within a month.
The Ford Motor Co. recall covers certain 2020 through 2022 Explorers with 2.3-liter engines, as well as 3-liter and 3.3-liter hybrids and the 3-liter ST.
Check that ground beef in your fridge or freezer. More than 120 thousand pounds of ground beef products are being recalled.
The Miami and Tampa areas continued in February to have among the nation's largest increases in home prices when compared to a year earlier.
Florida gas prices are gradually moving lower after rising 10 cents last week. Florida's state average rose from $4.01 to $4.11 per gallon. Drivers are now paying an average price of $4.10 per gallon.
Mortgage rates are now at the highest level they have been since 2010.
Prices at the gas pumps have dropped slightly over the last week. According to AAA, Florida gas prices dropped another 7 cents and the state average has now declined nearly 25 cents per gallon over the course of a little more than two weeks.
Electric cars took center stage as the New York International Auto Show got underway on Friday.
The April 18 deadline to file your taxes is looming. Experts say things are going more smoothly with the IRS than in recent pandemic years, but an estimated 80 million people are still waiting until the last minute.
Costs for food, housing, and gasoline helped drive inflation to its highest level in 40 years, according to the U.S. Bureau of Labor Statistics.
Florida gas prices are the lowest in more than a month. Monday's state average price for a gallon of gasoline was $4.07 per gallon and falling.
A Kmart store in West Kendall will be one of only three left in the entire U.S. after a New Jersey location closes its doors for good on April 16.
CBS Miami's Jim DeFede spoke to former Republican State Senator Jeff Brandes, president of the Florida Policy Project, who is behind one of those lawsuits.
As Florida Attorney General, it was Moody and her office that approved the diversion of $10 million of taxpayer money to the Hope Florida Foundation
Highs today and Monday will reach the low 90s, with heat index values of 105 to 110 degrees.
The plans include arresting migrants in Ohio and quickly putting them on deportation flights to crisis-stricken Haiti, the internal documents indicate.
Crews mobilized rapidly to keep the fire from spreading to single-family homes about 100 yards away, fire officials say.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The plans include arresting migrants in Ohio and quickly putting them on deportation flights to crisis-stricken Haiti, the internal documents indicate.
Ukrainian President Volodymyr Zelenskyy's accusations of Russia helping Iran target U.S. troops are not the first.
A substance found in the work van of a Mexican immigrant killed by an Immigration and Customs Enforcement agent has tested negative for illicit drugs, the top prosecutor in Houston said Friday.
President Trump cracked jokes at the redo of the White House Correspondents' Dinner on Friday night, after an armed assailant upended April's dinner.
The Trump administration will impose tariffs of up to 12.5% on goods from 60 U.S. trading partners accused of failing to crack down on forced labor, extending the administration's tariffs on much of the world.
CBS Miami's Jim DeFede spoke to former Republican State Senator Jeff Brandes, president of the Florida Policy Project, who is behind one of those lawsuits.
As Florida Attorney General, it was Moody and her office that approved the diversion of $10 million of taxpayer money to the Hope Florida Foundation
The sordid life of Fabian Basabe is one CBS Miami first began covering on this show three years ago.
Larkin spoke this week to CBS News Miami's Jim DeFede.
Dotie Joseph said after talking with neighbors and looking at the field, she thinks she has plenty of experience to assume the governorship.
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
A recall has been issued for frozen blueberries sold at Publix stores in Georgia, Florida and other Southern states after 12 people became sick, the FDA says.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Tenisha Warner sat down for an exclusive interview with "CBS Mornings" before a lawsuit over her late husband's estate became public, and discussed her grief and raising her daughter alone.
A lawyer says influencer brothers Andrew and Tristan Tate will fight extradition to the United Kingdom.
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
A total of 22,141 fans wore the caps in London's Hyde Park on Friday ahead of his set at the British Summer Time festival.
