How rising interest rates make borrowing more expensive, benefit savers

The Federal Reserve is signaling that it will raise interest rates above 3% by the end of the year as it struggles to control inflation without plunging the economy into a recession.

Uber to expand ride reservation feature at airports ahead of busy summer travel season

Uber Reserve, which allows users to book rides up to 30 days in advance and automatically adjusts reservation times based on flight information, is expanding to 39 U.S. airports.

This is how many student loan borrowers didn't pay during the pandemic halt

About 60% of student loan borrowers didn't make payments during the pandemic, according to a recent report. Are borrowers ready to resume payments in September?

Revlon files for Chapter 11 bankruptcy protection amid heavy debt load

Revlon, whose brands had been a mainstay on store shelves for decades, has struggled for failing to keep pace with changing beauty tastes and stiffer competition.

Disney delaying relocation of employees from California to Florida

The Walt Disney Company said the timeline to move around 2,000 high-paying jobs from California to Orlando, Florida's Lake Nona community has been delayed.

White House pledges to close affordable housing gap in 5 years

The Biden administration announced new measures to ease the housing shortage and bring back affordable housing over the next five years.

Supreme Court sides with tribes in fight with Texas over authorized gambling on their lands

The ruling doesn’t expand the kinds of games tribes can offer on their lands but reaffirms their autonomy to regulate gambling activities that aren’t prohibited in Texas, regardless of the state’s rules.

Independent booksellers grew in number and diversity

Independent booksellers are growing in number and becoming more diverse. Dozens of new stores are owned by people of various racial and ethnic backgrounds. At the same time, store owners face rising prices and supply chain issues. Not to mention the competitive challenges and financial insecurity that bookstores have long struggled with.

Biden tells oil refiners: Produce more gas and diesel, fewer profits

In a draft letter to refiners, Biden said their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record-high gas prices.

Americans feeling the stress from inflation

Ask pretty much anyone how they feel about rising gas and food prices, and they won’t have nice things to say. Fox 9 asked a local financial expert and a local psychologist their best tips to relieve the current financial stress and make their dollars stretch further.

Goodbye, Internet Explorer: Microsoft retires browser after 27 years

Internet Explorer was first introduced in 1995 with the launch of Windows 95 and for some time was the most popular browser to surf the web.