Housing market cools due to inflation
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Jeff Phillips, the president of the Southland Regional Association of Realtors, joins FOX 11 to discuss how inflation is impacting buyers and sellers in the housing market.

Here's how much more you'll pay to heat your home this winter

The average cost of heating a household this winter is set to increase by 17.2%, according to a forecast by the National Energy Assistance Directors Association.

Paid your student loans during the pandemic? Here's how to get a refund

Borrowers who paid down their debt during a pandemic freeze that started in March 2020 can in fact get a refund — and then apply for forgiveness.

EXPLAINER: How the strong U.S. dollar can affect everyone

After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.

Biden administration moves closer to creating a digital dollar

The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar.

Typical monthly payment for a new vehicle hits record $743

The new-car market has been hit by the semiconductor shortage and supply chain disruptions for over a year, resulting in lower production and higher prices.

Social Security cost-of-living increase could be largest in 40 years, estimate says

For the average retiree who got a monthly check of $1,656 this year, an adjustment of 8.7% would boost the payment by $144.10, according to an advocacy group’s estimate.

California inflation relief payments: Here's when you'll get the money

State officials said the payments will be distributed in October and November. Totals range from $200 to $1,050 depending on a taxpayer's income and filing status.

Disney World 'enthusiasts' say trip costs too much for average families, survey shows

Walt Disney World in Orlando, Florida is known as "the most magical place on Earth," but even its most die-hard, loyal fans say the rising costs to take a family to the parks is becoming out of reach.

Inflation falls for 2nd consecutive month on lower gas prices

Inflation has driven up the costs of families’ grocery bills, rents, and utility costs, placing hardships on households and increasing gloom about the economy despite job growth and low unemployment.

Massive rail strike could mean more supply chain issues

A possible worker strike would threaten the U.S. economy with an estimated cost of $2 billion per day.

Hard Rock spends $100M to raise pay for non-tipped US staff

Hard Rock International, the global gambling, entertainment and hospitality company, said Monday it is spending over $100 million to give significant raises to 10,000 non-tipped workers, most of them in the U.S.

Queen Elizabeth II is featured on several currencies. What happens now?

At one time, Queen Elizabeth II appeared on at least 33 different currencies, more than any other monarch, an achievement noted by Guinness World Records.