Here's what the Fed's interest rate pause means for your money
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
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After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
The legislation now goes to President Biden's desk, pulling the nation back from the brink of a financial crisis.
A majority of Democrats and a majority of Republicans voted in favor of the Fiscal Responsibility Act.
The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
The debt ceiling deal has cleared both chambers of Congress and is headed to the president's desk.
The House Democratic leader said he can guarantee the U.S. will not default on its debt.
After days of intense negotiations and weeks of talks, an agreement in principle has been reached to raise the debt ceiling.
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
Without a deal, Treasury Secretary Janet Yellen has said the U.S. could be unable to pay its bills and might default on its debt as soon as June 1.
President Joe Biden said Sunday he is "optimistic about a debt ceiling deal."
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
Nicole D'Antonio reports failing to raise the limit could have a big impact on the U-S economy.
Without congressional action, the U.S. could default as soon as June, she wrote in a letter Friday.
Congresswoman Ilena Ros-Lehtinen and Jim discuss the vote to reopen the government and where we go from here. The two also discuss whether three months from now we will be in the same situation. Other topics include immigration reform, and the future of the Republican party.
The GOP-led government shutdown looks like it will continue for an undetermined amount of time, even as more workers begin to lose their pay checks and the debt limit is avoided.
As the Republican-led government shutdown continues, the approaching debt limit and a possible debt default continues to grow larger on the horizon.
While the possibility of a government shutdown still remain high due to Congressional dysfunction, a more important showdown still looms large over Capitol Hill, the debt limit.
A staggering new Wall Street Journal/NBC News poll showed a plurality of the country was fine with the country crashing through the national debt ceiling.
Senator Marco Rubio is prepared to shut down the United States government if the Affordable Care Act isn't completely defunded by any short-term budget agreement.
As President Barack Obama and Congressional Republicans continue to fight over issues from spending to guns, the electorate is backing the president on most issues, according to a new Washington Post poll.
As Congressional Republicans and President Barack Obama begin to clash over the raising of national debt ceiling, a plan relying on one or two coins save the nation has started to gain momentum.
As Republicans in Congress prepare for a major fight with Senate Democrats and President Barack Obama over the economic future of the country; the eurozone is painting a very dark picture of what could lie ahead if America takes the wrong path.
The smoke has barely cleared from the prolonged fight over the fiscal cliff on Capitol Hill, but already Congressional leaders and the White House are drawing lines in the sand over the debt ceiling.
The bill to avert some of the fiscal cliff finally passed the House of Representatives late Tuesday night and did so with a largely bipartisan vote, especially from the Florida Congressional delegation.
The outline of a deal to avoid the so-called "fiscal cliff" is reportedly been made in the Capitol with just hours to go until the end of 2012.
Detectives say this was a "justified shooting in self-defense."
Former Cypress Bay student Tim Schmidt Jr. is among those killed.
Heavy downpours will reduce visibility and lead to minor flooding on roadways as showers continue
The world's largest crocodile in captivity, Cassius, died at a wildlife sanctuary in Australia.
Forty-seven states and the District of Columbia allow voters to track the status of their ballot. Find out how to check yours.
Detectives say this was a "justified shooting in self-defense."
Former Cypress Bay student Tim Schmidt Jr. is among those killed.
Forty-seven states and the District of Columbia allow voters to track the status of their ballot. Find out how to check yours.
Here are some key things to know before voting in the 2024 election, including what's on the ballot and what a sample ballot looks like.
Families are going together, some even voted for the first time.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
Florida insurance companies made money last year for the first time in seven years.
The U.S. Supreme Court is scheduled Sept. 26 to discuss whether it will hear a First Amendment challenge to a 2021 Florida law that placed restrictions on major social-media companies.
Forty-seven states and the District of Columbia allow voters to track the status of their ballot. Find out how to check yours.
There are similarities between Trump and Biden on long-term armed forces strategy, but the 2024 election shows stark differences in Harris and Trump's view of the military's role.
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
Former President Donald Trump went after former GOP Rep. Liz Cheney of Wyoming during a campaign event with conservative personality Tucker Carlson.
This month's report reflects a lot of noise due to hurricanes, Boeing machinists strike.
Jim sits down with key stakeholders in some of Florida's most contentious ballot initiatives.
Jim DeFede speaks to two individuals on both sides of legalizing recreation marijuana with Amendment 3.
Republican Rosanna Cordero-Stutz and Democrat James Reyes faced off for a debate as Miami-Dade's sheriff.
Jim DeFede spoke to women who were not allowed to have an abortion in Florida.
Jim goes one-on-one with Dr. Grazie Christie, a radiologist who is opposed to Amendment 4 on the right to abortion.
The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.
Recalled products were sent to distributors in 35 states and sold on Amazon, Dynarex said in notice posted by FDA.
Some pathogens that contaminate food are even showing up in the U.S. for the first time thanks to climate change.
At Memorial Healthcare System, the innovative Aquablation procedure is changing the landscape of enlarged prostate treatment.
McDonald's says Quarter Pounders will be back on the menu at hundreds of its restaurants after testing ruled out beef patties as the source of an E. coli outbreak.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
For that authentic grilling experience, you can't beat a charcoal grill. We've rounded up the best grill options.
Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
Miami-Dade is considering four possible sites, including two that are 2 miles or less from the city of Miramar.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
The American Automobile Association said this is a dangerous time of year for young drivers.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
There are two sales tax holidays for hurricane supplies
Rapper Young Thug, whose given name is Jeffery Williams, pleaded guilty Thursday to gang, drug and gun charges.
Reggaeton artist Nicky Jam on Wednesday revoked his endorsement of Donald Trump, after Tony Hinchcliffe's rally joke calling Puerto Rico "garbage."
A benefit raising money for relief and recovery efforts in the wake of Hurricanes Helene and Milton will be broadcast Saturday night.
Teri Garr rose from being a background dancer in Elvis Presley movies to co-star in such favorites as "Young Frankenstein" and "Tootsie."
Tourism officials on Florida's Gulf Coast say one of the ways concerned people can help the area recover is to visit as tourists.