Florida to receive $2.65 billion for transportation projects as part of infrastructure law

The Biden administration announced Tuesday that Florida is slated to get $2.65 billion this fiscal year for transportation projects as part of a major federal infrastructure law.

Honda, LG to build $3.5 billion battery plant, hire 2,200 in Ohio

Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as it starts to turn the state into its North American electric vehicle hub.

Financial losses due to Ian's powerful punch continue to mount

As the aftermath of Hurricane Ian continues to disrupt everyday life in parts of Florida where the storm wreaked havoc, data outlining financial and agricultural losses is trickling in.

3rd-largest railroad union rejects deal, renewing possibility of strike

The third largest railroad union rejected its deal with the railroads Monday — renewing the possibility of a strike that could cripple the economy — but before that could happen both sides will return to the bargaining table.

Biggest Social Security cost-of-living increase in decades expected this week

Roughly 70 million Americans are likely to see a notable boost in their monthly checks. Here’s what to know ahead of the expected COLA increase announcement this week.

Nobel economics prize awarded to former Fed chair Ben Bernanke, 2 other Americans

The Nobel Prize winners’ research took on great real-world significance when investors sent the financial system into a panic during the fall of 2008.

Another month of solid US hiring suggests more big Fed hikes

America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to fight persistently high inflation.

Orange County reopening rental assistance program: When you can apply

The program was first launched to help residents who had lost their jobs and/or had trouble paying rent during the coronavirus pandemic.

Americans changing holiday travel plans due to inflation, survey finds

Over the holidays, many Americans are opting for fewer days of travel, cheaper accommodations, and shorter distances due to rising costs, a recent survey found.

Mortgage activity hits 25-year low as rates rise

The Federal Reserve's strategy of raising interest rates in an attempt to fight sky-high inflation is sending mortgage rates higher, impacting home buyers.

More couples are asking wedding guests to help buy a home, experts say

The wedding experts at Zola.com (http://zola.com/) said they’ve seen the number of couples asking for housing-related funds double since 2019.

Hurricane Ian early insurance claims show $474M in losses in Florida

A first batch of insurance claims from Hurricane Ian showed nearly $474 million in estimated insured losses, according to data posted on the Florida Office of Insurance Regulation website.

Florida citrus growers face ‘gamut of damages’ from Hurricane Ian

As they begin to assess groves damaged by Hurricane Ian, Southwest Florida citrus growers are seeing conditions potentially worse than after Hurricane Irma, which played a key role in citrus production falling by more than one-third in 2017.

Fewer people request US unemployment benefits amid solid hiring, high inflation

Applications for unemployment benefits last week saw their lowest number of claims since April. If the number continues to drop, the Federal Reserve could raise interest rates higher than it plans to slow the economy.

Costco CEO says hot dog combo price might remain $1.50 forever

Costco CFO Richard Galanti said the company's gas and travel sectors allowed the company to make up for loss at the food court.