Fed won't raise interest rates yet

The Federal Reserve says it does not see the need to increase its extremely low interest rates anytime soon. Fed Chair Jerome Powell warns the economy is still very fragile.

Professor warns about investing without research

A growing number of rookie investors are turning to social media sites for investing tips. A Stetson University finance professor says while it may be enticing to take guidance from social media trends, people should consider long-term investing strategies and thoroughly research where the place their money.

GameStop stock frenzy: An explanation

GameStop stock has rocketed from below $20 earlier this month to close around $350 Wednesday as a volunteer army of investors on social media challenged big institutions who had placed market bets that the stock would fall.

Tourism expected to bounce back in 2021

Like much of Central Florida, the economy in Brevard County relies heavily on tourism. Officials there are hoping as the coronavirus vaccine becomes widely distributed, thousands will return to Space Coast beaches, cruise ships and rocket launch events.

New tax rule could help ease financial burder

The IRS is announcing the new tax season will open February 12. Usually, filing can begin in January, but the agency is still processing returns from last year. If you are getting ready to file next month, there is a new rule in place to help anybody who lost their last year of work.