Existing home sales drop to lowest level since 2020

Sales of previously owned houses fell in August for the seventh consecutive month as rising interest rates pushed potential homebuyers out of the market.

Walmart to hire 40,000 mostly seasonal US workers for holidays

Walmart is taking a cautious approach to the holiday shopping season as retailers face a slowdown in consumer spending overall due to surging costs on things like rent and food.

Gap slashes 500 corporate jobs after pandemic, supply chain issues

The job cuts follow years of struggles at the San Francisco-based retailer, which operates stores under its namesake brand as well as Old Navy, Banana Republic and Athleta.

Florida Lottery: New scratch-off game has $15 million top prize

The Florida Lottery announced the launch of its new scratch-off game, FLORIDA 300X THE CASH, saying players could win up to $15 million.

Here's how much more you'll pay to heat your home this winter

The average cost of heating a household this winter is set to increase by 17.2%, according to a forecast by the National Energy Assistance Directors Association.

EXPLAINER: How the strong U.S. dollar can affect everyone

After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.

Social Security cost-of-living increase could be largest in 40 years, estimate says

For the average retiree who got a monthly check of $1,656 this year, an adjustment of 8.7% would boost the payment by $144.10, according to an advocacy group’s estimate.

Union members reject deal 2 days before deadline to avoid massive rail strike

A potential strike could impact shipments of everything from clothes to cars, hurting businesses nationwide as they deal with ongoing supply chain problems. The deadline to avoid a strike is Friday.

Student loan forgiveness: DeSantis, Republican governors call on Biden to withdraw plan 'immediately'

Florida Governor Ron DeSantis has joined twenty-one other Republican governors in calling for President Joe Biden to take back his student loan forgiveness plan that they say will end up costing taxpayers billions of dollars. 

Dow falls 1,250 as inflation maintains grip on US economy

Many of the data points within the inflation report were worse than economists expected, including some the Fed pays particular attention to, such as inflation outside of food and energy pri

Florida's minimum wage set to increase to $11

Minimum wage workers in Florida will soon get another pay boost as inflation remains a heavy burden for American households. In the second increase under a 2020 constitutional amendment, Florida’s minimum wage will go to $11 an hour on Sept. 30.

Inflation falls for 2nd consecutive month on lower gas prices

Inflation has driven up the costs of families’ grocery bills, rents, and utility costs, placing hardships on households and increasing gloom about the economy despite job growth and low unemployment.

Hard Rock spends $100M to raise pay for non-tipped US staff

Hard Rock International, the global gambling, entertainment and hospitality company, said Monday it is spending over $100 million to give significant raises to 10,000 non-tipped workers, most of them in the U.S.

Is inflation cooling off? It depends where you live

Western states facing inflation rate of 9.6% even as price increases show hint of slowdown.