Federal Reserve expects to raise interest rates by late 2023
The Fed's policymakers forecast that they would raise their benchmark short-term rate, which influences many consumer and business loans, twice by late 2023.
The Fed's policymakers forecast that they would raise their benchmark short-term rate, which influences many consumer and business loans, twice by late 2023.
Millions fear eviction as housing crisis worsens
More than 4 million people say they fear being evicted or foreclosed upon in the coming months just as two studies released Wednesday found that the nation's housing availability and affordability crisis is expected to worsen significantly following the pandemic.
More than 4 million people say they fear being evicted or foreclosed upon in the coming months just as two studies released Wednesday found that the nation's housing availability and affordability crisis is expected to worsen significantly following the pandemic.
IRS tool to register for the monthly Child Tax Credit payments now open
Under the law, known as the American Rescue Plan, low- and middle-income parents can expect to receive $3,000 for every child ages 6 to 17 and $3,600 for every child under age 6.
Under the law, known as the American Rescue Plan, low- and middle-income parents can expect to receive $3,000 for every child ages 6 to 17 and $3,600 for every child under age 6.
AAA: Florida gas prices near $3 per gallon, most expensive cost since 2014
Florida drivers are now paying the most expensive prices at the pumps since November 2014.
Florida drivers are now paying the most expensive prices at the pumps since November 2014.
Shoppers say a trip to the grocery store these days can lead to serious sticker shock
"Even the vegetables. I'm paying, you know, $3 to buy a package of lettuce. It's kind of difficult," said Chris Rowlan of Pacheco.
"Even the vegetables. I'm paying, you know, $3 to buy a package of lettuce. It's kind of difficult," said Chris Rowlan of Pacheco.
2020 teen summer employment was lowest since Great Recession
The number of teens who were able to get jobs during the summer of 2020 saw its lowest level since the Great Recession in 2008.
The number of teens who were able to get jobs during the summer of 2020 saw its lowest level since the Great Recession in 2008.
US weekly unemployment claims fall to 376,000, sixth straight drop
The number of Americans claiming unemployment benefits fell for the sixth straight week as the U.S. economy reopens rapidly from pandemic woes.
The number of Americans claiming unemployment benefits fell for the sixth straight week as the U.S. economy reopens rapidly from pandemic woes.
Chipotle raising prices to offset its $15 minimum wage hike
Chipotle announced it would be raising menu prices by as much as 4% to offset the cost of the employee pay raises announced last month.
Chipotle announced it would be raising menu prices by as much as 4% to offset the cost of the employee pay raises announced last month.
Potential homebuyers: 'Now is a great time to buy' despite housing bubble fears, mortgage billionaire says
As the housing market stays heated, concerns of a housing bubble are beginning to surface. But experts say it's still a good time to buy a home.
As the housing market stays heated, concerns of a housing bubble are beginning to surface. But experts say it's still a good time to buy a home.
Families receive child tax credit letters: The dates you will receive payments
Low- and middle-income parents can expect to receive $3,000 for every child ages 6 to 17 and $3,600 for every child under age 6.
Low- and middle-income parents can expect to receive $3,000 for every child ages 6 to 17 and $3,600 for every child under age 6.
Florida's 'Freedom Week': No sales tax on live music, movies, events, and more
People can avoid paying sales taxes on tickets purchased for things like live music, annual passes, in-theater movies, and museums and state parks.
People can avoid paying sales taxes on tickets purchased for things like live music, annual passes, in-theater movies, and museums and state parks.
Florida restaurant industry returning to normal as hiring increases
There are signs that Florida dining is returning to normal and sooner than many expected.
There are signs that Florida dining is returning to normal and sooner than many expected.
US economy shows growth despite lacking enough workers, supplies
Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.
Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.
IRS sending refunds to those who paid taxes on 2020 unemployment
The IRS says it is sending more than 2.8 million refunds to those who paid taxes on unemployment compensation that is now excluded as income.
The IRS says it is sending more than 2.8 million refunds to those who paid taxes on unemployment compensation that is now excluded as income.
Biden 'extremely optimistic' about May jobs report, economists less so
President Joe Biden said the latest jobs report leaves room for optimism. However, economists were disappointed with the latest numbers.
President Joe Biden said the latest jobs report leaves room for optimism. However, economists were disappointed with the latest numbers.
Could we see a fourth stimulus check? Where payments stand
So far, over 2 million people have signed an online Change.org petition calling for recurring $2,000 per month payments.
So far, over 2 million people have signed an online Change.org petition calling for recurring $2,000 per month payments.
May jobs report: US adds modest 559,000 jobs amid hiring struggles
U.S. employers in May added 559,000 jobs, which was better than April but still a sign that many companies are struggling to find enough workers.
U.S. employers in May added 559,000 jobs, which was better than April but still a sign that many companies are struggling to find enough workers.
Mediation fails between Florida, CDC over cruise line lawsuit
Governor DeSantis signed a law that imposes a fine of $5,000 for each customer asked to provide proof of vaccination.
Governor DeSantis signed a law that imposes a fine of $5,000 for each customer asked to provide proof of vaccination.
US unemployment claims drop to 385,000, another pandemic low
Unemployment benefit applications in the U.S. have dropped to 385,000, down 20,000 from the week before.
Unemployment benefit applications in the U.S. have dropped to 385,000, down 20,000 from the week before.
DeSantis signs $100B Florida budget after vetoing $1.5B
While pointing to an economic resurgence amid the coronavirus pandemic, Gov. Ron DeSantis on Wednesday used his line-item veto power to slash $1.5 billion as he signed a record $100 billion budget for the upcoming fiscal year.
While pointing to an economic resurgence amid the coronavirus pandemic, Gov. Ron DeSantis on Wednesday used his line-item veto power to slash $1.5 billion as he signed a record $100 billion budget for the upcoming fiscal year.