Wheat and barley shortage: How Russia-Ukraine war triggered a global food crisis

Together, Russia and Ukraine export nearly a third of the world’s wheat and barley, more than 70% of its sunflower oil and are big suppliers of corn.

Average US mortgage rates hit 5.78%, highest level since 2008

Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve raising its key rate in a bid to tame inflation.

Fed raises key interest rate in largest hike since 1994

The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades.

Biden tells oil refiners: Produce more gas and diesel, fewer profits

In a draft letter to refiners, Biden said their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record-high gas prices.

Inflation: Federal Reserve expected to announce biggest interest rate hike since 1994

The Federal Reserve is expected Wednesday to announce its largest interest rate hike since 1994 — a bigger increase than it had previously signaled and a sign that the central bank is struggling to restrain stubbornly high inflation.

Inflation: Higher hotel room rates could put damper on Florida tourism

Hotel room rates pushed up by demand during the past year might now be hindering tourism amid increasing inflation, state tourism officials said.

Americans feeling the stress from inflation

Ask pretty much anyone how they feel about rising gas and food prices, and they won’t have nice things to say. Fox 9 asked a local financial expert and a local psychologist their best tips to relieve the current financial stress and make their dollars stretch further.

What makes a bear market? Wall Street term explained

Wall Street is back in the claws of a bear market amid worries about inflation and higher interest rates. Here are answers to some common questions about bear markets.

These electric vehicles are cheaper to own than gas ones now

Building electric vehicles is expensive, which is why their prices are high, and it's mostly about the batteries.

Gas prices hit $5 nationwide for the first time ever

The national average price has jumped 19 cents in just the past week, and it is up $1.93 from this time last year.

Florida citrus production at an eight-decade low

With the state pouring millions of dollars into research and marketing efforts, Florida’s citrus industry is approaching the end of the 2021-2022 growing season with its lowest production since around the start of World War II.