The Federal Reserve lowers interest rates by 0.25 percentage points
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
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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 Fed decided Wednesday to forgo another increase in its benchmark interest rate, leaving it at about 5.1%.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
Jim devotes the entire half hour to an interview with Miami State Representative Danny Perez who was sworn in this week as the Speaker of the Florida House.
Melody Alana Rose Duran's mother spoke with CBS News Miami, saying that Melody was her "whole world."
Orlando is the first team since 2019 to win the NWSL Shield and the title in the same year.
Jonathan Drouin got his first two goals of the season, Mikko Rantanen had a goal and three assists and the Colorado Avalanche beat the slumping Florida Panthers 7-4 on Saturday night.
Miami-Dade Police said the 15-year-old was shot in the shoulder.
Jim devotes the entire half hour to an interview with Miami State Representative Danny Perez who was sworn in this week as the Speaker of the Florida House.
Melody Alana Rose Duran's mother spoke with CBS News Miami, saying that Melody was her "whole world."
Orlando is the first team since 2019 to win the NWSL Shield and the title in the same year.
They say the best journey takes you home. I couldn't agree more.
While I wasn't born or raised in South Florida, the area still holds a special place in my heart.
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.
Florida insurance companies made money last year for the first time in seven years.
Jim devotes the entire half hour to an interview with Miami State Representative Danny Perez who was sworn in this week as the Speaker of the Florida House.
In a brief statement, NATO said Trump and its secretary general, Mark Rutte, met on Friday in Palm Beach, Florida.
The special primary election for Congressional District 1 will take place on Jan. 28 and a special general election will occur on April 1
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
The Universal Service Fund was created by Congress in 1996.
Jim devotes the entire half hour to an interview with Miami State Representative Danny Perez who was sworn in this week as the Speaker of the Florida House.
As the nation prepares for a Trump presidency in which Republicans control both the House and the Senate, Jim interviews leaders on both sides of the political landscape.
Jim interviews Rosanna "Rosie" Cordero-Stutz who was elected this week as the sheriff of Miami-Dade; and Jim talks to the executive director of the Florida Women's Freedom Coalition about what's next for abortion in Florida.
Jim and his guests focus on the early voting numbers we are seeing locally and statewide, specifically the impact the huge Republican turnout thus far might have once all the votes are counted.
Jim sits down with key stakeholders in some of Florida's most contentious ballot initiatives.
His stance conflicts with advice from the American Academy of Pediatrics and the American Dental Association.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
There is currently no cure for Parkinson's Disease. But some with Parkinson's are finding that an unusual therapy – rock climbing – is helping them improve their balance, mobility, strength and cognition.
The FDA's Dr. Peter Marks says he hopes to keep his job under a second Trump term, and urges Robert F. Kennedy Jr. to "keep an open mind."
U.S. Consumer Product Safety Commission issues urgent safety alert after ninth recall of adult bed rails in three years.
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
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
The 17-time Grammy Award-winning artist's new album features 12 songs.
Brittany Brave knows one thing for certain: When she takes the stage, a Miami joke is inevitable.
Family and friends of One Direction star Liam Payne, who died after falling from a Buenos Aires hotel room, have gathered for his funeral in England.