Obsessing over finances can harm your wallet and well-being, financial therapist warns
With the markets so volatile, many people across the country are concerned about what that means for their financial futures.
Watch CBS News
With the markets so volatile, many people across the country are concerned about what that means for their financial futures.
With credit card debt at a record $1.2 trillion, experts are urging cardholders to rethink their strategies before the costs outweigh the rewards.
In the race to earn points, miles and cashback, more Americans are finding themselves stuck in a cycle of credit card debt.
Florida has the second-highest credit delinquency rate in the nation, according to WalletHub.
CBS News Miami's Joe Gorchow reports how the man is working his way out and the nonprofit that helped him out.
A new report by the Federal Reserve Bank of New York shows all major loan categories are on the rise, with credit card balances topping $1.2 trillion-dollars.
Nearly 60% of Americans don't have enough money put away to handle common financial emergencies, according to Bankrate.
Matt Schulz, a credit card analyst with LendingTree, says it's nearly impossible to tackle credit card debt without a good feel for how much money is coming in and going out of your household on a regular basis.
Miami ranks 4th in the nation for the most non-mortgage debt, according to Lending Tree. Orlando ranked 7th while Tampa rounded out the top 10.
Americans struggling with credit card debt hope relief will come with more expected interest rate cuts later this year.
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
Consumers tacked on an additional $27 billion in credit card spending in the second quarter, the Federal Reserve Bank of New York said.
More Americans are maxing out their credit cards, especially younger people. CBS News Miami's Ivan Taylor spoke with a finance professor and shared her solutions.
Credit card debt hit a record $1.13 trillion at the end of 2023, while delinquencies have surged more than 50% from a year ago.
If faced with a sudden loss of income, more than half of Americans say they worry they wouldn't have enough savings to cover a month's living expenses.
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
A significant number of Americans are only making the minimum payment on their credit card debt
Financial expert Craig Kirsner has some tips to help dig out from credit card debt.
With annual percentage rates topping 20%, it's more important than ever to lower your credit card debt. These tips can help.
The Consumer Federation of America handled nearly 600,000 complaints in 2022
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
Credit card debt is up 17 percent in the past year
Inflation is causing many people to lean on credit cards to cover monthly expenses and most people are having to pay heavy interest on that debt.
Millennials with debt and dependents most likely to feel the financial crunch
About 36% of survey respondents said they have more credit card debt than emergency savings, up from 22% a year ago.
Christopher Pike was seen via surveillance video trying to disable a ring camera out front of the business. However, the footage survived.
Ukrainian President Volodymyr Zelenskyy said he discussed "substantive details" of a Ukraine-Russia peace deal with President Trump's envoys Steve Witkoff and Jared Kushner on Christmas.
Jair Bolsonaro, who has been hospitalized since Wednesday, has been serving a 27-year prison sentence since November for an attempted coup.
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
Two foreigners, a local doctor, a tour guide and the pilot were killed in the helicopter crash on Mount Kilimanjaro.
Christopher Pike was seen via surveillance video trying to disable a ring camera out front of the business. However, the footage survived.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
With Christmas just minutes away, some South Floridians are hoping for more than presents under the tree.
A single winning ticket was sold for Powerball's Christmas Eve jackpot of $1.817 billion, in Arkansas. It was the second-largest U.S. lottery jackpot ever won.
The Trump administration is changing the rules for a federal immigration program that has long allowed victims of domestic violence to seek legal status in the United States without relying on their abusers.
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 American Automobile Association said this is a dangerous time of year for young drivers.
President Trump spent part of Christmas Eve bantering with kids, updating families on NORAD's Santa tracker and reminding one child that the big guy has a "serious appetite."
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
More say they will probably talk about family or health, rather than politics, as they gather for the holidays.
President Trump said TV broadcast licenses should be revoked if newscasts and late-night shows are almost entirely negative about him and the GOP.
The U.S. Trade Representative said tariffs on Chinese semiconductors, now at zero, are set to increase in June 2027.
Jim Defede's guest this week on Facing South Florida is James Fishback, a Republican candidate for the Florida governor's office.
Guest host Lauren Pastrana is joined by Ron Book, chairman of the Miami-Dade Homeless Trust.
Guest host Laura Pastrana talks with one of the big winners from Tuesday's runoff elections, Miami Beach Commissioner-elect Monica Matteo-Salinas.
Jim Defede goes in-depth on the second vote by the Miami Dade College Trustees to donate land for the proposed Trump Presidential Library.
Jim DeFede investigates the millions of dollars in state funding cuts for meal programs across South Florida.
If you don't feel well, particularly if you have a fever and worsening symptoms, Dr. Glazier says, skip the get-together.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
A California digital health company and a Florida medical practice have been indicted in an alleged $100 million scheme to illegally distribute Adderall over the internet to patients across the country who didn't need it, federal prosecutors said Wednesday.
Physicians and educators spoke out against the proposed repeal of vaccination requirements for diseases such as chickenpox during a Department of Health workshop in Panama City Beach, while vaccine critics applauded Gov. Ron DeSantis' administration for advancing the plan.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
For that authentic grilling experience, you can't beat a charcoal grill. We've rounded up the best grill options.
Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
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.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
Feeding America's CEO said the organization is "incredibly grateful" for Taylor Swift's large donation.
It's a heartwarming tale that captures the essence of the holiday spirit. Through a mesmerizing journey of dance, the Miami City Ballet breathes life into George Balanchine's timeless masterpiece, The Nutcracker.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.