Treasury department delays electric vehicle tax credit changes
The Treasury Department has pushed the issuance of guidance for new electric vehicle tax credit rules from January to March as it continues to develop them.
Unemployment benefits and Obamacare subsidies outpace median income in several states, study finds
The labor force participation rate was 62.1% last month, notably lower than the 63.4% mark it was at before the coronavirus pandemic struck the United States in March 2020.
Christmas tree demand remains high in US despite inflation
Retailers from Home Depot and Lowes to mom and pop operations raised their prices on trees — but people are still buying them.
Rising car repossessions trend warning sign for economy, report says
The number of car repossessions across the United States is on the rise and expected to continue into the new year. Some industry experts say it is a sign of the economy.
Florida jobless rate down to 2.6-percent
Florida’s unemployment rate dipped to 2.6 percent in November, after a brief surge in claims following Hurricane Ian.
Wall Street may get much worse in 2023 before it gets better
Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.
How Federal Reserve’s series of rate hikes could affect your finances
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
Nearly half of US workers hope to get promoted, a raise in 2023, survey shows
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
US lawmakers announce 'framework' on bill to avoid government shutdown
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Fed raises key interest rate by half a point, signals more to come
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.
Americans say holiday gifts harder to afford
More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.
US inflation slowed to 7.1% over past 12 months
This is the fifth straight month with a slowdown.
Florida gas prices fall ahead of busy holiday travel season
Gas prices are falling across the country as many people gear up for the busy holiday travel season.
These US states are raising minimum wage in 2023, with 4 above $15
More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.
More Americans getting a second job as high inflation rages
High inflation is pushing more Americans to take on a side hustle.
Rail workers say deal to avoid strike won't resolve quality-of-life concerns
Workers and their unions say the deal doesn't do enough to address their quality-of-life concerns and doesn't add any sick days.
Senate moves to avert rail strike; bill heads to Biden's desk for signature
Shortly before Thursday's votes, Biden defended the contract that four of the rail unions had rejected.
Business booming at Port Canaveral with eye on possible expansion
Port Canaveral is laying out big plans for 2023. During the State of the Port address on Wednesday, officials announced the port is considering building another cruise terminal.
DoorDash to cut 1,250 corporate jobs after COVID-19 pandemic hiring surge
Delivery company DoorDash is eliminating more than 1,200 corporate jobs, about 6% of its total workforce, saying it hired too many people when demand for its services increased during the COVID-19 pandemic.
House passes bill to avert railroad strike, impose deal on unions
If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.