Biggest Social Security cost-of-living increase in decades expected this week

Roughly 70 million Americans are likely to see a notable boost in their monthly checks. Here’s what to know ahead of the expected COLA increase announcement this week.

More couples are asking wedding guests to help buy a home, experts say

The wedding experts at Zola.com (http://zola.com/) said they’ve seen the number of couples asking for housing-related funds double since 2019.

Hurricane Ian insured losses could total $40 billion, adding pressure to Florida's property insurance market

A financial ratings agency said Thursday that an initial analysis indicates insured losses from Hurricane Ian could range from $25 billion to $40 billion, putting additional pressure on Florida’s troubled property-insurance market.

Costco CFO says hot dog combo price might remain $1.50 forever

Costco CFO Richard Galanti said the company's gas and travel sectors allowed the company to make up for loss at the food court.

Butter shortage drives up prices ahead of holiday baking season

The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.

Fed hikes rate by three-quarters of a point in continued fight against inflation

The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.

DeSantis announces plan to give Florida families permanent tax breaks, if reelected

The "Family-Focused Tax Relief" includes proposals with an estimated savings of $1.1 billion for Florida taxpayers. Gov. DeSantis made the announcement Tuesday afternoon at the Anna Maria Oyster Bar in Bradenton.

13.5 million Americans struggled with rising food costs in 2021, new report finds

A new report on food insecurity from the U.S. Department of Agriculture found about 13.5 million Americans struggled to put food on the table in 2021.

Amtrak cancels routes to Florida, other major cities amid possible labor strike

Amtrak has announced the cancelation of all long distance trains throughout the U.S., including its Silver Star route that makes several Florida stops. 

Florida power companies ask for increase on electric bills

Florida power companies have asked the state's Public Service Commission (PSC) to approve double-digit percent increases for their customers in 2023.