Tampa Bay area posts highest inflation rate, above national average

Inflation continued to soar in September in the Tampa Bay area, with the region posting the highest inflation rate out of any major metro area and well above the national average.

Small business emergency loan program launched for businesses impacted by Hurricane Ian

The Florida Department of Economic Opportunity is launching the “small business emergency bridge loan program,” where businesses impacted by Hurricane Ian can apply for a one-term, 0% interest loan of up to $50,000.

Social security recipients to receive historic increase as inflation rises

The historic cost-of-living adjustment to social security benefits means 70 million Americans will have a better chance to keep up with inflation. 

Social Security benefits to jump by 8.7% in 2023

The Social Security cost-of-living adjustment means the average recipient will receive more than $140 a month starting in January.

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.