Inflation is sticking around. Here's what that means for your money.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
The Fed left its benchmark interest rate unchanged amid persistent inflation. Bankers are predicting three rate cuts later this year.
The Federal Reserve marked its first rate decision of 2024 by keeping its benchmark interest rate unchanged.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
The central bank has pushed pause after 11 straight interest-rate hikes. Here are steps to take with your money now.
A vintage banknote and an even older coin collectively sold for nearly $1 million at a multi-day bidding event in Dallas.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
Although policymakers kept rates steady last month, some Fed officials wanted to keep raising them.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
President Biden is hoping to stack the Central Bank with its top governors as it continues working to stem inflation.
Latest hike brings the U.S central bank's benchmark interest rate to its highest level in 16 years.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
The U.S. central bank eases up its efforts to curb inflation amid concerns about banking industry risks.
Nicole D'Antonio reports the head of the Federal Reserve testifies Tuesday before the Senate Banking Committee on the U.S. economic outlook, fighting inflation, and the state of employment including wages and available jobs.
While the central bank is slowing its rate increases, Jerome Powell told investors not to expect lower rates this year.
The drop in spending activity is expected to continue through this year
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Rising mortgage rates are shrinking the number of people who can afford to get a home loan.
The Federal Reserve hinted it soon could reduce the size of its three-quarters of a point hike.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
Borrowing costs rose to their highest level in 14 years, and more interest-rate hikes are likely, Fed signaled.
Larry Goehrig teaches finances and marketing at Florida Memorial University.
The Federal Reserve chairman says he anticipates more rate increases to try to bring down record inflation to its target of 2%.
Federal Reserve's push to stem inflation could also make your credit card debt more expensive and impact home buyers.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Only one vehicle of the 10 small SUVs tested earned a good rating.
A federal judge has denied former President Donald Trump's request for a new trial in the civil suit brought by the writer E. Jean Carroll, who was awarded an $83.3 million judgment.
An estimated 53 million Americans are unpaid caregivers, many as part of the "sandwich generation" — simultaneously raising children and caring for aging parents.
The shooting happened in the early morning hours of February 7th
Steve Goldstein spoke to Chris Grier about what it's like going through the NFL draft
Watch CBS News Miami's special live coverage of the NFL draft Thursday at 7 p.m.
A federal judge has denied former President Donald Trump's request for a new trial in the civil suit brought by the writer E. Jean Carroll, who was awarded an $83.3 million judgment.
An estimated 53 million Americans are unpaid caregivers, many as part of the "sandwich generation" — simultaneously raising children and caring for aging parents.
Steve Goldstein spoke to Chris Grier about what it's like going through the NFL draft
The shooting happened in the early morning hours of February 7th
Florida insurance companies made money last year for the first time in seven years.
The U.S. Supreme Court is scheduled Sept. 26 to discuss whether it will hear a First Amendment challenge to a 2021 Florida law that placed restrictions on major social-media companies.
The number of people traveling to Florida during the second quarter of 2023 decreased compared to a year earlier, according to estimates released Wednesday by the state's tourism-marketing agency.
Gov. Ron DeSantis on Monday said Walt Disney Parks and Resorts should drop a federal lawsuit that claims retaliation by the state and accept changes to a special district that long benefited the theme-park giant.
It's Back-To-School and that also means back to the lunch room, as breakfast and lunch are free to all Miami-Dade public school students again this year.
A federal judge has denied former President Donald Trump's request for a new trial in the civil suit brought by the writer E. Jean Carroll, who was awarded an $83.3 million judgment.
Coal-fired power plants would have to capture smokestack emissions or shut down under a new EPA rule the industry says would make the grid less reliable. It's likely to face court challenges.
The Supreme Court convened to consider whether former President Donald Trump is entitled to broad immunity from criminal charges in the 2020 election case.
Could help about 20,000 mostly low and moderate income residents cut property insurance costs
An Arizona grand jury indicted 18 people in connection with an alleged attempt to use alternate electors after the 2020 election.
Jim DeFede talks to former state senator Jeff Brandes, who runs the Florida Policy Project, which has been exploring solutions that include the role of vouchers and something called "upzoning."
Jim DeFede continues scrutinizing the three-plus decades during which Katherine Fernandez Rundle has led the Miami-Dade State Attorney's Office. This week, Jim's guest is South Miami Mayor Javier Fernandez.
Jim DeFede talks to the CEO of Trulieve, the cannabis company that spent $40 million to gather the signatures to get the measure on the ballot.
Jim DeFede goes one-on-one with the political and community activist and former rap superstar, who talks about making a run for the Rep. Sheila Cherfilus-McCormick's seat.
CBS News Miami's Jim DeFede speaks to attorneys about Rundle's tenure as Miami-Dade State Attorney.
Federal officials say they're double checking whether pasteurization has eradicated the danger from possible bird virus particles in milk.
UnitedHealth said it paid the criminals behind attack that crippled hospitals and pharmacies to protect sensitive patient data.
The CDC estimates the U.S. could reach 300 measles cases in 2024 — more than the recent peak two years ago.
Health officials are warning consumers not to consume Infinite Herbs basil sold at some Trader Joe's and Dierberg's stores after 12 people were sickened.
Organic option is best when buying certain produce, especially blueberries, nonprofit group says in analysis of chemical residues.
Dreams come true at the NFL Draft. Find out how and when to watch or stream this year's draft tonight.
These best cooling floor fans from Dyson, Honeywell, Black+Decker and more will cool you in the months ahead.
The best meal kits for weight loss make it easy (and fun!) to stick to a healthy, consistent diet.
I sampled America's most popular meal kit to see how it stacks up in terms of price, accessibility, and more.
Save money on a new hearing aid with the top budget-friendly hearing aids of 2024.
Has mom and dad's bank been open too long at your house?
One consumer reported suffering a dental injury after eating Trader Joe's Chicken, Lentil & Caramelized Onion Pilaf product.
The company will keep its name and headquarters in Pittsburgh, but the United Steelworkers union voiced opposition to the deal.
For customers of SmileDirectClub, they were greeted with a message that they had shut down when logging on to its website.
CBP officials say the individually wrapped pink packages have an estimated resale value of more than $19,000.
The renowned Moulin Rouge cabaret venue's director has vowed to "rise to the challenge" after the windmill's sails fell off.
For the first time in more than a year, the monthly board meeting of Walt Disney World's governing district was back to being what many municipal government forums often are — boring.
Taylor Swift broke her own records, Spotify said, and now owns the record for the top three most-streamed albums in a single day.
The singer was found deceased at her home, a representative said.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.