Powell signals increased interest rate hikes if economy stays strong
Chair Jerome Powell's comments raise the possibility that the Fed will increase its key interest rate by a half-percentage point at its next meeting, after having carried out a quarter-point hike in February.
Housing affordability is at the lowest level in over a decade
Home prices are finally falling after hitting an all-time high in 2022, but ownership is still out of reach for many Americans.
Costco maintaining low rotisserie chicken prices
Rotisserie chicken is just one example of key categories Costco members covet
Education industry at highest risk for layoffs over next 6 months: survey
A recent survey reveals that the education sector was the most susceptible to layoffs in 2023 if there's a recession.
'Real leader': Biden nominates Julie Su as next US labor secretary
Julie Su, a civil rights attorney and former head of California’s labor department, was central to negotiations between labor and freight rail companies late last year, working to avert an economically debilitating strike.
Target's tepid outlook after 3rd quarterly profit dip
Target plans to invest as much as $5 billion this year expanding services for customers, including a drive up service for returns, renovations at 175 stores and improvements in online shopping.
Can the Fed keep raising interest rates without causing a recession? Research says no
Such an "immaculate disinflation" has never happened before, economists say.
Fed officials signal more rate hikes likely amid sticky inflation, minutes show
Federal Reserve policymakers see more interest rate hikes ahead.
4-day workweek boosts employee happiness while preserving productivity, major trial finds
The six-month trial, billed as the world’s largest of its kind, included 61 U.K. companies that committed to a 20% reduction in working hours for all staff — with no drop in wages.
White House says GOP plans would add $3 trillion to national debt
The White House is charging the GOP with hypocrisy for favoring tax policies that could push the accumulated $31.4 trillion national debt higher.
Daytona Beach ready for expected crowds in coming weeks ahead of popular events
Daytona Beach is ready and excited for expected crowds in the coming weeks and months. The city has a lot to look forward to, with Daytona 500, Bike Week, and spring break around the corner the city is welcoming people to visit, even with the area recovering from the Hurricane season.
Inflation may be easing but car insurance isn't
A recent report found the cost of full auto insurance is up nearly 14% from last year.
eBay, Zoom to cut more jobs
EBay and Zoom are announcing layoffs, continuing a trend seen at other tech companies.
Report: Boeing to cut 2,000 finance and HR jobs in 2023
A statement by the Virginia company says the jobs will be reduced “through a combination of attrition and layoffs” this year.
BP reports profits doubled to $27.7 billion
BP said Tuesday that underlying replacement cost profit jumped to $27.7 billion in 2022 from $12.8 billion a year earlier. The company also announced plans to buy back $2.75 billion of stock from shareholders.
Black Orlando Tech aka B.O.T. supports minorities in tech industry
The organization Black Orlando Tech - also known as B.O.T. - was started back in 2016. The driving vision is to expose at least 10,000 people to the Tech Industry by 2025.
Rent in Orange County: How commissioners hope to combat skyrocketing prices
Orange County leaders plan to address the housing problem as rent rates continue to skyrocket.
Boeing plans to cut about 2,000 finance and HR jobs in 2023
Boeing plans to make staffing cuts in the aerospace company’s finance and human resources departments in 2023, with a loss of around 2,000 jobs, the company said.
Bed Bath & Beyond closing 87 additional stores. Here’s the list of locations
The latest store closings are impacting the struggling retailer as it considers its options, including possibly filing for bankruptcy.
How the latest Fed interest rate hike could impact you
The rate increase will likely make it even costlier to borrow for homes, autos and other purchases.