Investors suffered their worst first half of a year since 1970
The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
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The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
"It's insulting to the average citizen to listen to some of this drivel coming out of the White House and because they know people are upset about it."
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
May surge in consumer prices raises odds that the Fed will continue to sharply hike interest rates.
Manufacturers are again downsizing packaging in an effort to ease the hit from inflation. Are they going too far?
The US average for the price of a gallon of regular gas hit $4.96 according to the most recent reading from AAA Wednesday
Last year, almost 48 million workers quit their jobs... But where did the workers go?
A year ago, you were paying an average of $2.861 a gallon for regular gas in Florida. On Wednesday, the current average for the same gasoline jumped to $4.645.
The number of people living paycheck to paycheck is on the rise, for consumers across all income brackets.
The US dollar serves as the backbone of the global economy and is considered the safest currency to hold. So in times of uncertainty, investors like to stock up.
The cost of living is still on the rise. A new report shows prices for everyday items are once again increasing, including Valentine's Day gifts for that special someone.
Florida GOP Sen. Marco Rubio is calling on President-Elect Joe Biden to support increasing stimulus money from $600 to $2,000, on his first day in office as a show of unity following the D.C. insurrection last week.
Amazon and Netflix continue to do well as coronavirus isolates people in their homes, but many other companies have benefited or may soon.
Florida's March unemployment jumped to 4.3 percent, according to numbers released Friday by the state leading to a strong demand for unemployment benefit applications but the state is still having issues with the website.
Vice President Mike Pence has returned to vote-rich Florida, hoping to draw attention to the Trump administration's record on jobs and the economy.
South Florida Mayors helped unveil 'Resilient 305' on Thursday morning, a 20-year strategy to tackle environmental, economic and social challenges for our region.
The US economy surged into high gear in the Spring, growing at the fastest pace in almost four years.
Wall Street has tried to ignore warning signs about a trade war for months. It can't any longer. The Dow sank 287 points on Tuesday.
Interest rates are going up again as the economy gets hotter.
There should be a lot more job openings for the college class of 2018, but starting salaries won't be much higher than last year.
Stocks tumbled Friday as trade tensions between the United States and China heated up.
The Dow closed down 459 points on Monday amid trade war fears and a presidential attack on Amazon.
Wall Street's trade war fears are easing — for now. The Dow jumped more than 600 points Monday after its worst week in two years.
The U.S. economy added 200,000 jobs in January and wages grew at the fastest pace in eight years.
General Electric is cutting 12,000 jobs as its new CEO tries to turn the troubled company around.
Andres Gonzalez, 73, is awaiting extradition to Miami-Dade on charges tied to the deaths of 2 people.
More moisture could also be seen on Wednesday around South Florida, which will lead to even hotter feels-like temperatures due to the humidity.
In total, nearly 3.36 million votes were cast in the primary out of 13.5 million registered voters in the state.
Floating tentacled predators pulse and swirl in hypnotic patterns in the dark museum space, lit primarily by images projected on walls and the light from the saltwater tanks.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Andres Gonzalez, 73, is awaiting extradition to Miami-Dade on charges tied to the deaths of 2 people.
More moisture could also be seen on Wednesday around South Florida, which will lead to even hotter feels-like temperatures due to the humidity.
The Florida primary has set the stage for November, with nominees now decided in several major races.
The CBS Miami Nat Moore Trophy honors the best high school football player from Miami-Dade, Broward and Monroe counties.
The Miami Dolphins' three preseason games will air on CBS Miami as the team prepares for the 2026 NFL season.
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.
Florida state Rep. Angie Nixon defeated Alex Vindman in Tuesday's primary, setting up the race against GOP Sen. Ashley Moody in November.
Prosecutors in Charlie Kirk's killing pointed to an engraved bullet, arguing that its inscription shows Kirk was targeted for how the defendant perceived his politics.
President Trump said Tuesday that the U.S. and Canada have reached a last-minute agreement to pause the 50% tariffs.
The Trump-backed incumbent has struggled to raise money for his reelection bid as the House Ethics Committee investigates numerous allegations against him.
GOP Sen. Ashley Moody and Democratic State Rep. Angie Nixon will face off in November after winning their primaries for U.S. Senate on Tuesday night, the Associated Press projects.
In a statement, Moody attempted to distance herself from the affair, suggesting the blame rests with the Governor and his Administration.
The race to see who will be the Democratic nominee to take on Republican Congresswoman Maria Elvira Salazar in District 27 is being closely watched.
Months after leaving TV news, Rodriguez is competing against former prosecutor Robin Peguero for the CD-27 nomination.
On Sunday, Collins spoke about the ruling on this week in South Florida and explained why he believes he is trailing the Republican frontrunner, Byron Donalds.
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.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
The notice from a U.S. government agency does not indicate in which stores the beef was sold.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
Federal officials issued a public health alert for meat products containing jalapeños that may be linked to a salmonella outbreak that has sickened hundreds of people across at least 27 states.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
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.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Co-stars and friends of Hayden Panettiere are remembering her for her friendship, intelligence and talent after her shocking death on Sunday.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
Latin music stars Marc Anthony, Feid, and others are set to perform at a benefit concert in Miami on August 16.
Ariana Grande had been due to star alongside her "Wicked" co-star Jonathan Bailey in a production of "Sunday in the Park with George" in 2027.