Fed lowers rates by 0.25 percentage point, but expects fewer cuts
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
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The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025.
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
The Federal Reserve said it is cutting rates by 0.25 percentage points, its second rate cut of the year.
One day after the Federal Reserve lowered interest rates, CBS News Miami is exploring how the move can help you save money on loans, credit cards and mortgages.
One day after the Federal Reserve lowered interest rates, CBS News Miami is exploring how the move can help you save money.
The Fed lowered interest rates Wednesday by 0.50 percentage points and CBS News Miami hit South Florida streets to get reactions.
The Fed lowered interest rates Wednesday by 0.50 percentage points and CBS News Miami hit South Florida streets to get reactions.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Many americans are counting down to Wednesday, that's when the Federal Reserve is expected, for the first time in years, to cut interest rates
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
Morgan Rynor reports that 30-year fixed mortgage rates, which are controlled by the bond market, are already trending down.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
The Federal Reserve marked its first rate decision of 2024 by keeping its benchmark interest rate unchanged.
Rent across the U.S. is dipping as vacancies rise and property managers struggle to fill homes, new data shows.
If faced with a sudden loss of income, more than half of Americans say they worry they wouldn't have enough savings to cover a month's living expenses.
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
The central bank has pushed pause after 11 straight interest-rate hikes. Here are steps to take with your money now.
Mortgage rates have spiked during the Federal Reserve's historic rate-hiking campaign
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
The circumstances surrounding the shooting are currently under investigation as police search for a possible suspect.
Cole Anthony scored 27 of his 35 points in the second half and the Orlando Magic tied their largest comeback in franchise history to beat the Miami Heat 121-114 after trailing by 25 points.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
The suspect drove through the doors of a JCPenny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
Lara Trump, the daughter-in-law of President-elect Donald Trump, says she's removing herself from consideration for Marco Rubio's Senate seat.
The circumstances surrounding the shooting are currently under investigation as police search for a possible suspect.
Cole Anthony scored 27 of his 35 points in the second half and the Orlando Magic tied their largest comeback in franchise history to beat the Miami Heat 121-114 after trailing by 25 points.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
The suspect drove through the doors of a JCPenny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
From merry lights to holiday yard decorations, we want to see what you've got.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
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.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
Lara Trump, the daughter-in-law of President-elect Donald Trump, says she's removing herself from consideration for Marco Rubio's Senate seat.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
Thirty years after Florida required schools to teach African American history, how the subject is taught remains inconsistent across Florida classrooms, a review by The Associated Press has found.
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Jim talks to Karla Hernandez-Mats, the President of the United Teachers of Dade, about the special election vote held among teachers which soundly defeated efforts of The Freedom Foundation, a right-wing think tank, to decertify the county's teachers union.
Jim talks to Karla Hernandez-Mats, the President of the United Teachers of Dade, about the special election vote held among teachers which soundly defeated efforts of The Freedom Foundation, a right-wing think tank, to decertify the county's teachers union.
Jim keeps the theme of the week going with longtime political reporter Marc Caputo.
Jim interviews the Chair of the Republican Party of Florida about the wave of Floridians being tapped to take over the Trump administration.
A week after interviewing Republican State Rep. Danny Perez of Miami, who is the new Florida House Speaker, Jim goes one-on-one with Fentrice Driskell, the Florida House minority leader.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
Aaron Siri, an attorney to Robert F. Kennedy Jr., petitioned the FDA to "withdraw or suspend" its approval of a polio vaccine.
The FDA's top food official says the safety of the dye called Red 40 hasn't been assessed in over a decade, despite concerns over its potential behavioral health effects.
For many, it's a tough decision when balancing health and finances.
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
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
Supreme Court Justice Ketanji Brown Jackson made her Broadway debut Saturday night in a one-time performance in the hit musical comedy "& Juliet."
Fan-captured video from Saturday's performance showed Wilson hyping Scott on stage to deliver his 2023 hit song "FE!N" in front of thousands of festivalgoers.
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.