Florida lawmakers pass legislation they say will overhaul state's property insurance system

Florida lawmakers pass legislation they say will overhaul state's property insurance system

With property insurance described as a "hidden tax" on homeowners, Florida lawmakers gave final approval to a massive bill to overhaul the state's troubled insurance market. But supporters acknowledge it's designed to keep more private insurers in the state rather than lower rates, and for some homeowners, the bill could increase costs.

With property insurance described as a "hidden tax" on homeowners, Florida lawmakers gave final approval to a massive bill to overhaul the state's troubled insurance market. But supporters acknowledge it's designed to keep more private insurers in the state rather than lower rates, and for some homeowners, the bill could increase costs.

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.

Florida's gas prices continue falling as holiday travel nears

Florida's gas prices continue falling as holiday travel nears

The average price of a gallon of gas in Florida dropped another 12 cents in the last week, and drivers could see more relief as they travel for the holidays. Prices at the pump have plunged 42 cents since last month, and analysts say the state average could go below $3 before Christmas Day.

The average price of a gallon of gas in Florida dropped another 12 cents in the last week, and drivers could see more relief as they travel for the holidays. Prices at the pump have plunged 42 cents since last month, and analysts say the state average could go below $3 before Christmas Day.

Average price of gas plunges to cheapest in over a year

Average price of gas plunges to cheapest in over a year

While the White House was quick to point out the latest numbers, AAA says seasonality is the main cause — and not everyone is seeing cheaper gas.

While the White House was quick to point out the latest numbers, AAA says seasonality is the main cause — and not everyone is seeing cheaper gas.

Florida homeowners, businesses to see higher electric bills in January

Florida homeowners, businesses to see higher electric bills in January

State regulators Tuesday approved utility costs that will translate to higher electric bills in January for homeowners and businesses — and the pain won’t end there.

State regulators Tuesday approved utility costs that will translate to higher electric bills in January for homeowners and businesses — and the pain won’t end there.

These US states are raising minimum wage in 2023, with 4 above $15

These US states are raising minimum wage in 2023, with 4 above $15

More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.

More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.

Florida's gas prices continue to fall, dropping 30 cents in 3 weeks

Florida's gas prices continue to fall, dropping 30 cents in 3 weeks

Gas prices in Florida are continuing to drop, plunging 30 cents in just the past three weeks. A gallon of gas is now averaging $3.27 in the Sunshine State, but 11 states have gas prices below $3.

Gas prices in Florida are continuing to drop, plunging 30 cents in just the past three weeks. A gallon of gas is now averaging $3.27 in the Sunshine State, but 11 states have gas prices below $3.

House passes bill to avert railroad strike, impose deal on unions

House passes bill to avert railroad strike, impose deal on unions

If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.

If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.

Florida seniors have the worst medical debt in the US, report says

Florida seniors have the worst medical debt in the US, report says

Inflation is crushing the wallets of millions of Americans, but seniors on a fixed income are feeling the brunt of it as they pay medical bills.

Inflation is crushing the wallets of millions of Americans, but seniors on a fixed income are feeling the brunt of it as they pay medical bills.

Retiring too early could cost you $182,000 in benefits, study says

Retiring too early could cost you $182,000 in benefits, study says

A new study says that virtually all American workers between 45 and 62 should wait beyond age 65 to collect their retirement benefits, and many should wait until 70.

A new study says that virtually all American workers between 45 and 62 should wait beyond age 65 to collect their retirement benefits, and many should wait until 70.

Holiday shopping expected to reach over $1 trillion as inflation surges

Holiday shopping expected to reach over $1 trillion as inflation surges

Holiday shopping is expected to increase by 7% to nearly $1.3 trillion, a new forecast says. Here’s how to stay on track with your finances this holiday season.

Holiday shopping is expected to increase by 7% to nearly $1.3 trillion, a new forecast says. Here’s how to stay on track with your finances this holiday season.