Federal Reserve plans to raise interest rates as soon as March
The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.
‘I needed job satisfaction’: Frustrated nurse quits job, becomes truck driver
Leah Gorham said staff shortages, an assault and lack of advancement led her to leave the nursing industry and hit the open road.
Expecting a 2022 tax refund? Tips for getting your money back faster
The 2022 tax season is officially underway, and the IRS has a few tips for Americans looking to get their tax refund as quickly as possible.
Ivy League professor says her students think most Americans earn six figures
A professor from an Ivy League business school says her students think most Americans earn six figures.
Gas prices rising: When you could see the next big increase
The national average price for a gallon of gasoline in the U.S. rose to $3.31 this week, up 1.3 cents from a week ago, according to GasBuddy data.
Unemployment claims climb to 286,000, the most since October
Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.
Monthly child tax credit to stop this weekend: What families should know
Millions of families who received a monthly payment from the IRS through the expanded child tax credit are facing their first month since July without cash from the federal program, even as inflation soars to the highest level in a generation.
Retail sales drop 1.9% in December following early holiday rush
Americans sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.
Shoppers finding empty shelves at store due to supply issues
Across the country and in Central Florida, shoppers are feeling the effects of supply chain issues. Some shoppers tell FOX 35 News they’re concerned about the lack of goods, but they’re even more worried about prices going up.
Inflation surges in December to highest rate since 1982
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
Arizona CEO's answer to 'Great Resignation' is offering $5K bonuses for new hires to quit
Chris Ronzio, CEO of software company Trainual, is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs.
Bubbalou's Bar-B-Que closes another Central Florida location
Bubbalou's closed its Winter Park location back in September, which had been around for 35 years.
Orange County tourism showing signs of rebound
Orange County reports that this past November was one of the best months for tourist tax revenue; however, the region is still recovering from lows since the beginning of the coronavirus pandemic.
What's the cheapest day of the week to fill up on gas?
Saving money at the pump not only depends on where you get gas but when you get it.
Improved jobless rate leads to scaled-back benefits
Floridians laid off in the new year will get seven fewer weeks of unemployment benefits because the state’s jobless rate improved in 2021.
Champagne shortage ahead of New Year's Eve as supply chain issues hit wine industry
It could be tough to find some of your favorite champagne labels this year as supply chain disruptions have been impacting the industry.
US home prices surged nearly 19% in October as market continues to boom
U.S. home prices surged again in October as the housing market continues to boom in the wake of last year’s coronavirus recession.
Trouble in the air: Sky Harbor sees over 30 canceled flights on Christmas Eve
With a little over 30 cancelled flights at Phoenix Sky Harbor Airport on Christmas Eve, some travelers are feeling the troubles of air travel.
Lawmakers send letter asking gov to declare rent hikes an 'emergency'
Orange County officials recently broke ground on this affordable housing community. State lawmakers say projects like these are a step in the right direction, but lots more needs to be done.
Florida, Texas see largest population increases
Florida grew by 211,196 residents from July 1, 2020, to July 1, 2021, to a population of 21,781,128, the census estimates show. Texas grew by an estimated 310,288 residents to a population of 29,527,941.