Federal Reserve raises key interest rate by quarter-point

Federal Reserve raises key interest rate by quarter-point

The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."

The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."

Simple ways you can cut costs and save more money

Simple ways you can cut costs and save more money

Inflation has taken a serious toll on American households and savings accounts are dwindling fast as families try to make ends meet. So, FOX 13 sought out a savings expert who has some simple ways we can all cut costs and save more.

Inflation has taken a serious toll on American households and savings accounts are dwindling fast as families try to make ends meet. So, FOX 13 sought out a savings expert who has some simple ways we can all cut costs and save more.

Rent hike forced retired 80-year-old to take job as a janitor, now strangers have raised $28,000 for him

Rent hike forced retired 80-year-old to take job as a janitor, now strangers have raised $28,000 for him

The man, known to students in Callisburg ISD as Mr. James, had his rent raised about $400 a month and could not make ends meet without getting back on the job. A GoFundMe campaign put together by three students has gone viral.

The man, known to students in Callisburg ISD as Mr. James, had his rent raised about $400 a month and could not make ends meet without getting back on the job. A GoFundMe campaign put together by three students has gone viral.

Report: Tampa Bay area tops cities where inflation is rising the most

Report: Tampa Bay area tops cities where inflation is rising the most

The latest numbers from the Consumer Price Index show an increase in inflation by 0.5% for the month and 6.4% over the last 12 months. In the Tampa metro area, that number was at 8.9% for the last 12 months with food, energy and housing costs among the largest contributors to the monthly increases.

The latest numbers from the Consumer Price Index show an increase in inflation by 0.5% for the month and 6.4% over the last 12 months. In the Tampa metro area, that number was at 8.9% for the last 12 months with food, energy and housing costs among the largest contributors to the monthly increases.

TECO, Duke Energy customers face higher bills as utility companies ask Florida to approve more rate hikes

TECO, Duke Energy customers face higher bills as utility companies ask Florida to approve more rate hikes

Duke Energy Florida and Tampa Electric Co. are seeking state approval to pass along hundreds of millions of dollars in additional costs to customers because of hurricanes and higher-than-expected natural gas prices. If approved, Duke customers would see a 20% increase in their bills, while TECO's rates would go up by 10%.

Duke Energy Florida and Tampa Electric Co. are seeking state approval to pass along hundreds of millions of dollars in additional costs to customers because of hurricanes and higher-than-expected natural gas prices. If approved, Duke customers would see a 20% increase in their bills, while TECO's rates would go up by 10%.

Is tipping getting out of control? Most consumers say yes

Is tipping getting out of control? Most consumers say yes

As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.

As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.

FTC proposes rule banning noncompete clauses for workers

FTC proposes rule banning noncompete clauses for workers

The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.

The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.

Florida leads country in population growth for the first time in 65 years

Florida leads country in population growth for the first time in 65 years

This week, the US Census Bureau named Florida the fastest-growing state in the country. The population here grew 1.9% from 2021 to 2022. 

This week, the US Census Bureau named Florida the fastest-growing state in the country. The population here grew 1.9% from 2021 to 2022. 

Here's how much pay Americans say they'd need to start a new job

Here's how much pay Americans say they'd need to start a new job

A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.

A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.

Nearly half of US workers hope to get promoted, a raise in 2023, survey shows

Nearly half of US workers hope to get promoted, a raise in 2023, survey shows

According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.

According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.

Fed raises key interest rate by half a point, signals more to come

Fed raises key interest rate by half a point, signals more to come

The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.

The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.