Stocks close lower, adding to Friday's steep losses
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
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Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
Flexible, part-time gigs offer ways to make extra cash, from tutoring to renting out your house or car.
President Biden is signing the Inflation Reduction Act, making it officially a law, on Tuesday.
Americans are dipping into savings and switching to lower-cost brands as food prices climb higher.
Over the last 12 months, grocery prices soared 13.1%, the largest annual increase since March 1979.
"Typically, over the summer months we see a huge spike in the population," said Flora Beal.
"We had to make a decision about, you know, we need a roof for the baby and us," says Kathya Perec of Florida.
"We had to make a decision about, you know, we need a roof for the baby and us," says Kathya Perec of Florida.
Right now, donations are at an all-time low.
With inflation pushing prices higher on just about everything, they plan to save money by shopping for supplies this week.
John Alger, of Alger Farms, said it's been a struggle to break even for the last 10 years
John Alger, the owner of Alger Farms, said it's been a struggle to break even for the last 10 years, even before the pandemic, supply chain issues, and inflation.
South Florida has one of the greatest needs for extra supplies.
Inflation is walloping middle-income households, with many saying they are taking on more credit card debt to stay afloat.
The most important action item is to make sure to beef up your emergency reserve fund.
Keith Jones reports there are increases in everything from rents to groceries and gas.
Inflation hit 9.1% in June, the highest it has been in 40 years.
Two commonly-accepted aspects of economics that determine prices are supply and demand. But some say a third factor is companies exploiting our present chaos, stirred by war and pandemic, in the pursuit of increased profits.
CBS4’s Jacqueline Quynh gives us a look at the dwindling supply of food for those in need.
The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
Seniors are on track for the biggest cost-of-living adjustment in four decades, according to a new analysis.
"We had to raise our prices," said Phantom Fireworks CEO Bruce Zoldan.
CBS4's Joan Murray reports it's also jeopardizing the ability for many others to finally retire.
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.
Authorities released an image from the operation, showing a naval helicopter hovering above a vessel with packages laid out on the deck.
South Florida can expect to see a pleasant afternoon with a warming trend expected as we continue through the workweek.
In an exclusive interview from her jail cell, Aimee Bock defended her conduct in Minnesota's Feeding Our Future fraud case, but admitted regrets.
Warriors star Jimmy Butler injured his right knee midway through the third quarter of a 135-112 win against his former Miami Heat team after he scored 17 points, a big blow for Golden State.
The Chapman Partnership is empowering individuals experiencing homelessness to rebuild their lives with dignity and hope.
Miami's bid for its first national championship since 2001 ended Monday night at Hard Rock Stadium as the Hurricanes lost to unbeaten Indiana.
Two juveniles were flown to a hospital after a shooting in Opa-locka early Tuesday morning, police say.
Authorities released an image from the operation, showing a naval helicopter hovering above a vessel with packages laid out on the deck.
South Florida can expect to see a pleasant afternoon with a warming trend expected as we continue through the workweek.
In an exclusive interview from her jail cell, Aimee Bock defended her conduct in Minnesota's Feeding Our Future fraud case, but admitted regrets.
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.
Andrew Johnson is the latest in a series of pardoned Jan. 6 riot defendants to face new criminal charges.
A U.S. citizen detained by ICE at gunpoint in his underwear in frigid conditions in Minnesota asks, "What did I do wrong?" The Associated Press says
The U.S. Department of Justice says claims made in a lawsuit seeking an immediate stop to the surge of U.S. Immigration and Customs Enforcement in Minnesota are "legally frivolous."
As his standoff with America's closest allies escalates, President Trump says not getting the Nobel Peace Prize means he's no longer obligated "to think purely of Peace."
The Justice Dept. says it's investigating a group of protesters in Minnesota who disrupted services at a church where a local ICE official apparently serves as a pastor.
Jim DeFede discusses Governor Ron DeSantis' eighth and final State of the State address with House Speaker Danny Perez.
On Facing South Florida, Jim DeFede spoke with Miami Herald Latin America reporter Antonio Maria Delgado about Delcy Rodríguez's growing control in Venezuela.
On Facing South Florida, Jim DeFede speaks with former interim Venezuelan president Juan Guaidó about Nicolas Maduro's capture.
In a special live episode, Jim DeFede brings us the latest developments and the fallout following the Saturday morning strikes.
Jim Defede's guest this week on Facing South Florida is James Fishback, a Republican candidate for the Florida governor's office.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
New research recommends against drinking coffee or tea served by airlines, urging travelers to stick to bottled water.
In his new wellness book, "Eat Your Ice Cream," Dr. Ezekiel Emanuel goes beyond the basics of eating, exercise and sleep, to the importance of being happy, social engagement, and recommended behaviors (like "don't be a schmuck") that can benefit longevity.
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.
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.
The publisher of the Daily Mail tabloid denies claims by Prince Harry and other celebrities of "unlawful information gathering."
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
From historic wins to powerful speeches, here are the highlights and most memorable moments from the 2026 Golden Globes.