Fed holds off on rate hike
The Fed decided Wednesday to forgo another increase in its benchmark interest rate, leaving it at about 5.1%.
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The Fed decided Wednesday to forgo another increase in its benchmark interest rate, leaving it at about 5.1%.
Even so, the latest "report contains plenty of pain, especially for lower-income Americans," said one economist.
"People have been using the wrong R-word to describe the economy," one economist said. "It's resilience — not recession."
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.
President Biden is hoping to stack the Central Bank with its top governors as it continues working to stem inflation.
Coffee chain says the charge is necessary because the cold juice drinks are more expensive to make when not diluted.
Millennials with debt and dependents most likely to feel the financial crunch
Nicole Lauren reports a study found nearly 73% of millennials are living paycheck to paycheck. For Gen Z, 66% are doing the same, that's up from 58% a year ago.
The cost of living in South Florida continues to be high, despite new statistics.
Of six major grocery food group indexes, three fell from February to March. The meats, poultry, fish and eggs index fell 1.4%, pulled down by another month of large decreases in egg prices.
Prices are still high, they've risen five percent in the last 12 months
Surprise move by Saudi Arabia and other oil exporters to curb production could boost U.S. gasoline prices, analysts say.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Extra SNAP benefits are estimated to have kept 4.2 million people out of poverty.
Stubborn inflation and anxiety over slowing economic growth is weighing on Americans, new sentiment data shows.
An estimated 500K workers, from teachers to train drivers, are demanding better pay and work conditions amid soaring inflation exacerbated by Brexit.
Egg costs are soaring as Americans' eating habits change and as a deadly disease wipes out millions of birds.
Although U.S. inflation has cooled from its peak this summer, some food costs remain unusually high.
With inflation showing signs of cooling down, Americans may yet evade a recession, experts said.
Inflation, interest rates and a possible recession could weigh on markets. But there are also reasons for bullishness.
The job market remains strong — a good sign for workers but a blow to the Fed's efforts to cool inflation.
There are clear bright spots that offer hope 2023 will not be the year the next recession begins
Almost 4 in 10 of consumers who went into debt expect it will take at least five months to pay off their bills.
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
A 19 year old high school student has been given an over $2000 bond after police say she pulled the employees' hair and pinned them to the ground.
Fort Lauderdale police say they received the call from a neighbor concerned for a young child inside the home after hearing family members arguing.
The U.S. ended Saturday in first place with 44 points. Japan was five points back going into the men's, women's and pairs free skates to decide the medals Sunday.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
A 19 year old high school student has been given an over $2000 bond after police say she pulled the employees' hair and pinned them to the ground.
Fort Lauderdale police say they received the call from a neighbor concerned for a young child inside the home after hearing family members arguing.
The U.S. ended Saturday in first place with 44 points. Japan was five points back going into the men's, women's and pairs free skates to decide the medals Sunday.
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
An Ohio man has been charged with threatening to kill Vice President JD Vance while he was visiting his home state last month.
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.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes, telling reporters he didn't see the part that showed the former president and first lady.
The criticism continued even after the White House removed the video after the initial backlash.
A judge ordered the U.S. to return three migrant families who were affected by President Trump's family separation policy in his first term and then deported in his second.
The bill by State Rep. David Borrero would order a study on moving Miami-Dade's Urban Development Boundary (UDB) line and eliminating longstanding safeguards designed to protect the Everglades, requiring any project outside the UDB to receive a two-thirds vote of the County Commission.
Haitian American advocates, like Miami Dade County Commissioner Marlene Bastien, say the move is both cruel and creates a sense of fear in the community.
For more than a year, Gov. Ron DeSantis has said he wants to do away with all homesteaded property taxes, arguing homeowners should not have to pay rent to the government.
Raquel Pacheco said she has "hope" after seeing the worldwide reaction to the video she posted of two Miami Beach police detectives showing up at her house because she had posted a critical comment on Facebook about Miami Beach Mayor Steve Meiner.
Jim DeFede discusses Governor Ron DeSantis' eighth and final State of the State address with House Speaker Danny Perez.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
In a new study that could have significant implications for future Alzheimer's treatment, researchers at the University of Miami have successfully figured out how to combat one of the early signs of the neurodegenerative disease.
One patient reports getting stuck with a $2,418 "facility fee" after seeing her doctor. "I didn't even know such a thing existed," she said.
Jimmy Carter made eradicating the Guinea worm a top mission of The Carter Center. Now it could soon become the second disease eradicated in history.
The House's Health Care Facilities & Systems Subcommittee approved the bill which also changes multiple laws and restrictions involving nursing homes, dental hygienists, and registered nurses.
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.
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Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
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.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
Don't miss the 2026 Winter Olympics opening ceremony. Here's how to watch live, stream for free and catch replays.
Bad Bunny says he wants to bring his culture to his 2026 Super Bowl halftime show Sunday.
The sheriff says the note was sent to a local Arizona news station, which agreed not to report on it, following the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie.