How steep interest rate hikes impact your finances
Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase.
Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase.
Federal Reserve raises interest rate by three-quarters of a point
The Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years.
The Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years.
Biden admin making $4.5B available to help with heating costs this winter for low income families
The White House says the money will help more than 5 million families pay heating and utility bills and can be used to make home energy repairs.
The White House says the money will help more than 5 million families pay heating and utility bills and can be used to make home energy repairs.
Aldi matching 2019 Thanksgiving prices
From free turkeys to major discounts, grocery stores are prepping for a Thanksgiving set against surging inflation.
From free turkeys to major discounts, grocery stores are prepping for a Thanksgiving set against surging inflation.
US diesel supplier warns businesses to prepare for shortages, higher prices for consumers
The company suggests being aware of tank levels and not 'panic buying' fuel.
The company suggests being aware of tank levels and not 'panic buying' fuel.
Social Security benefits to rise by record amount in 2023: Check how much money you could receive
More than 64 million Americans collecting Social Security will receive the bigger payments beginning in January, the administration said.
More than 64 million Americans collecting Social Security will receive the bigger payments beginning in January, the administration said.
Prices on new, used vehicles finally begin to creep down from inflated highs
Even with the average price of new and used vehicles beginning to ease, auto purchases remain unaffordable for many, with average prices still 30% to 50% above where they were in early 2020.
Even with the average price of new and used vehicles beginning to ease, auto purchases remain unaffordable for many, with average prices still 30% to 50% above where they were in early 2020.
Orlando International Airport nearing record high-travel number of travelers
Orlando International Airport is reporting near-record high traffic, approaching pre-pandemic levels.
Orlando International Airport is reporting near-record high traffic, approaching pre-pandemic levels.
Tesla Q3 report reveals company more than doubled profit from a year ago
The Austin, Texas, electric vehicle and solar panel maker said it made $3.29 billion from July through September. Revenue rose 56% to a record $21.45 billion.
The Austin, Texas, electric vehicle and solar panel maker said it made $3.29 billion from July through September. Revenue rose 56% to a record $21.45 billion.
People with food insecurities likely to binge eat when there's food: U of M study
Feast-or-famine cycle is a real thing for people with food insecurities, a new University of Minnesota study found.
Feast-or-famine cycle is a real thing for people with food insecurities, a new University of Minnesota study found.
Taxpayers may get bigger refunds for 2023 to help keep up with inflation
The IRS is increasing the standard deduction and tax bracket limits amid inflation.
The IRS is increasing the standard deduction and tax bracket limits amid inflation.
IRS inflation adjustment could lower your tax bill in 2023
The changes are meant to help Americans whose earnings haven’t kept up with the increased cost of living.
The changes are meant to help Americans whose earnings haven’t kept up with the increased cost of living.
Hurricane Ian agriculture losses in Florida could reach $1.56B, UF reports
Agriculture losses in Florida from Hurricane Ian’s high winds and drenching rains could reach $1.56 billion, with citrus, cattle, vegetable and melon operations among the hardest hit, the University of Florida reported Tuesday in a preliminary estimate.
Agriculture losses in Florida from Hurricane Ian’s high winds and drenching rains could reach $1.56 billion, with citrus, cattle, vegetable and melon operations among the hardest hit, the University of Florida reported Tuesday in a preliminary estimate.
Biden to release up to 15 million barrels of oil from strategic reserve
President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations.
President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations.
Port Canaveral budget will allow for expansion of cargo operations
Port Canaveral is on the mend after a difficult patch during the coronavirus pandemic. Port commissioners have unanimously approved an almost $154 million budget for the year.
Port Canaveral is on the mend after a difficult patch during the coronavirus pandemic. Port commissioners have unanimously approved an almost $154 million budget for the year.
Millions could still be eligible for a stimulus check - and time is running out to claim it
Americans could possibly be owed a five-figure payment from the federal government.
Americans could possibly be owed a five-figure payment from the federal government.
Social Security benefits to jump by 8.7% in 2023
The Social Security cost-of-living adjustment means the average recipient will receive more than $140 a month starting in January.
The Social Security cost-of-living adjustment means the average recipient will receive more than $140 a month starting in January.
US inflation accelerated in September, keeping pressure on households
Consumer prices rose 8.2% in September compared with a year earlier.
Consumer prices rose 8.2% in September compared with a year earlier.
Florida could have lowest orange crop output since 1942
The USDA says the research was mostly done before Hurricane Ian, so things could get worse.
The USDA says the research was mostly done before Hurricane Ian, so things could get worse.
These housing markets are seeing the largest drop in prices since the pandemic peak
Housing prices are continuing to cool off — and data shows one area of the country, in particular, is seeing the highest drop.
Housing prices are continuing to cool off — and data shows one area of the country, in particular, is seeing the highest drop.