Runaway inflation hurting South Florida retirees and delaying it for many more
According to the Center for Research Retirement, the selloff has erased nearly $3 trillion from retirement accounts.
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According to the Center for Research Retirement, the selloff has erased nearly $3 trillion from retirement accounts.
"We began to get reports that, at times, people had to return their pets to the shelters," said Gil Zepeda.
Sharon Lodge is trying to make dollars stretch as she buys wholesale bulk items.
Pet food distributions in Miami-Dade want none of our furry friends to go hungry.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Demand at food banks is going up as inflation is making it harder for people keep up with the rising costs.
The Federal Reserve chairman says he anticipates more rate increases to try to bring down record inflation to its target of 2%.
Interest rates are expected to go up to combat inflation.
CBS4's Jacqueline Quynh spoke with some who say they’re back to square one as rising gas prices are crippling their cash flow.
Alex Horenstein is an associate professor of economics at the University of Miami.
The head of JP Morgan Chase, one of the largest banks in the world, recently cautioned about an 'economic hurricane" headed our way.
The cost of rising food prices is becoming a real struggle for many in South Florida.
A big reason why is gas prices which continue to hit record highs.
CBS4's Michael George reports on the increase of gas and food prices, and how budgeting differently will help make it past this inflation.
May surge in consumer prices raises odds that the Fed will continue to sharply hike interest rates.
If you've been grocery shopping and noticed your normal items are smaller, it's true.
Manufacturers are again downsizing packaging in an effort to ease the hit from inflation. Are they going too far?
CBS4's Hank Tester shares what can you do now to protect what you have and to be better prepared financially for what's next.
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.
Month by month, more of the roughly 40 million Americans who get help buying groceries through the federal food stamp program are seeing their benefits plunge even as the nation struggles with the biggest increase in food costs in decades.
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.
The rising cost of food is not a new story, but the jump in prices is increasingly causing problems for people in South Florida and across the country.
Inflation has hit a 40 year high.
Consumers in South Florida are seeing food prices increase week to week. Some of the biggest hikes are on milk, eggs and meat.
Regina Davidson, like anyone who's gassed up recently, is shocked by how much it costs.
The problem is compounded by construction blocking portions of the lanes and delivery vans navigating around barrels to park.
The testimony happened as attorneys for 13-year-old Nelson Nuñez and 12-year-old Jusiah Jones requested that the youngsters be released on bond.
Dr. Ronald Demeo, 63, is facing three counts of sexual battery on a physically helpless victim, according to his arrest report.
Florida State kicker Conor McAneney remains jailed following his arrest on felony charges of battery of a law enforcement officer and resisting arrest with violence, according to jail records.
"This idea that unless you're an axe murderer you should be able to stay, that is not consistent with our laws, and it's also not good policy," DeSantis said at an event in Bradenton.
The problem is compounded by construction blocking portions of the lanes and delivery vans navigating around barrels to park.
The testimony happened as attorneys for 13-year-old Nelson Nuñez and 12-year-old Jusiah Jones requested that the youngsters be released on bond.
Dr. Ronald Demeo, 63, is facing three counts of sexual battery on a physically helpless victim, according to his arrest report.
Florida State kicker Conor McAneney remains jailed following his arrest on felony charges of battery of a law enforcement officer and resisting arrest with violence, according to jail records.
"This idea that unless you're an axe murderer you should be able to stay, that is not consistent with our laws, and it's also not good policy," DeSantis said at an event in Bradenton.
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.
Two former FBI agents who helped investigate President Trump's efforts to overturn the 2020 presidential election results sued the federal government, alleging they were wrongfully terminated.
The Senate Homeland Security and Governmental Affairs Committee advanced Sen. Markwayne Mullin's nomination to lead the Department of Homeland Security.
Defense Secretary Pete Hegseth said the U.S. has struck more than 7,000 targets across Iran since the war began.
Jeffrey Epstein's lawyer testified to the House Oversight Committee that he "had no knowledge whatsoever" of his client's crimes.
A group of House Democrats walked out of a closed-door briefing with Attorney General Pam Bondi on the Jeffrey Epstein probe late Wednesday, as tensions over the DOJ's handling of the Epstein case continue to simmer.
Critics of the bill argue that the attacks on the teacher unions are part of a broader education strategy that has slowly been unfolding for the past 30 years.
Nixon is in the Democratic primary against Alex Vindman, the retired lieutenant colonel who was instrumental in causing Trump's first impeachment.
In a wide-ranging CBS News Miami interview with Jim DeFede, Byron Donalds discussed his troubled past, tensions with Gov. Ron DeSantis and his political views.
For the first time, Donalds acknowledges that he didn't just possess marijuana, but that he was also dealing at the time.
The measure was pushed by the Freedom Foundation, a right-wing think tank funded by billionaires, whose intention is to eliminate public sector unions.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
The Sunshine state is on track to be the second-highest, with only nine cases behind Utah, and the numbers lagging by five days.
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.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
As Kumail Nanjiani took the stage to announce the winner for Best Live-Action Short at the 98th annual Academy Awards, the actor exclaimed: "And the Oscar goes to ... it's a tie."
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.