Mortgage rates at highest level since 2007 after latest Fed hike
Interest rate on a typical 30-year mortgage rate has jumped by more than a quarter-point this week to 6.29%.
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Interest rate on a typical 30-year mortgage rate has jumped by more than a quarter-point this week to 6.29%.
Walmart and Target plan to begin offering deals earlier this year to ease sting of soaring inflation on shoppers.
An early morning rally fueled by slower jobs report, faded by mid-afternoon, erasing all gains.
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
A growing number of Americans say they're done going the extra mile for their employers. Some experts call that progress.
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
It's a drop off from this year's monthly average of 457,000.
Sens. Joe Manchin and Chuck Schumer craft a scaled-back version of the economic package thwarted by Manchin last year.
People are selling what they have to pay their bills.
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.
Erin is the first hurricane of the 2025 Atlantic season.
U.S. Citizenship and Immigration Services instructed officers on Friday to consider additional factors when determining whether immigrants applying for U.S. citizenship have a "good moral character."
Air Canada had suspended all operations after more than 10,000 of the airline's flight attendants went on strike after a deadline to reach a deal passed
Hurricane Erin underwent rapid intensification to become a Category 5 storm in just hours.
Yara Souza, who is from Orlando, Florida, made the discovery about 90 minutes into her first-ever dig.
Erin is the first hurricane of the 2025 Atlantic season.
U.S. Citizenship and Immigration Services instructed officers on Friday to consider additional factors when determining whether immigrants applying for U.S. citizenship have a "good moral character."
Air Canada had suspended all operations after more than 10,000 of the airline's flight attendants went on strike after a deadline to reach a deal passed
The CBS Miami Nat Moore Trophy recognizes the top high school football player in Miami-Dade, Broward and Monroe counties.
Hurricane Erin underwent rapid intensification to become a Category 5 storm in just hours.
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.
U.S. Citizenship and Immigration Services instructed officers on Friday to consider additional factors when determining whether immigrants applying for U.S. citizenship have a "good moral character."
President Trump announced the news on Truth Social hours after meeting with Russian president Vladimir Putin in Alaska.
Former Secretary of State Hillary Clinton said if President Trump is the architect of a deal to end the war in Ukraine without Kyiv ceding land to Russia, "I'd nominate him for a Nobel Peace Prize."
President Trump and Russian President Vladimir Putin held a high-stakes summit in Alaska, but the talks did not yield a ceasefire in Ukraine.
President Trump and Russia's President Vladimir Putin held a rare meeting Friday at Joint Base Elmendorf-Richardson in Anchorage, Alaska.
Lucia Baez-Geller is a former Miami-Dade school board member who lost in her bid two years ago to oust Maria Elvira Salazar.
Jim talks with Robin Peguero, a Democratic nominee for the District 27 congressional seat.
Jim talks to a former Republican congressman who is running as a Democrat to be the next governor of Florida.
Jim talks to a former Democratic state senator who is running to be the next Florida attorney general.
Jim goes one-on-one with the mayor of South Miami to talk about his lawsuit challenging Florida's immigration law, citing the possibility of incurring financial liabilities for partnering with ICE.
Instagram rolled out a new Map feature that lets users see their friends' locations in real time. Here's why privacy experts are concerned.
The Boar's Head deli meat plant at the heart of a deadly food-poisoning outbreak is set to reopen in the coming months, but recent reports point to ongoing sanitation problems.
A Florida woman was arrested for allegedly impersonating a registered nurse and treating over 4,000 patients without a license.
There's a treatment helping chronic pain patients by disrupting pain signals in the body from getting to the brain.
Head Colorado Buffaloes football Coach Deion "Coach Prime" Sanders revealed his bladder cancer diagnosis for the first time on Monday morning.
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.
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.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
Miami-Dade is considering four possible sites, including two that are 2 miles or less from the city of Miramar.
Playboy will move its global headquarters from Los Angeles to Miami Beach and open a new club with a restaurant and members-only section.
President Trump announced this year's "truly exceptional class" of Kennedy Center Honorees and said he will host the annual ceremony himself.
UFC CEO Dana White confirmed plans for a July 4, 2026 fight at the White House to mark America's 250th birthday.
Taylor Swift announced her 12th studio album, "The Life of a Showgirl," after a countdown tease on her website. The release date is now set for Oct. 3.
Paramount will become the new home to all UFC events in the U.S., while UFC's CEO says the White House may host a July 4 event broadcast on CBS.