Economy
![A photo illustration of money flying out of a man's wallet A photo illustration of money flying out of a man's wallet](https://www.orlandosentinel.com/wp-content/uploads/2024/07/BIZ-PFP-BANKRATE-OVERSPENDING-DMT.jpg?w=125)
Keeping up with the Joneses: What it might be costing Americans
If money’s tight, it can be tempting to overspend — or even go into debt...
![In June, the largest employment drop was in the category of leisure and hospitality. Orlando, which typically adds hospitality jobs in June, posted a reduction for the month. In June, the largest employment drop was in the category of leisure and hospitality. Orlando, which typically adds hospitality jobs in June, posted a reduction for the month.](https://www.orlandosentinel.com/wp-content/uploads/2024/07/Unemployment-Benefits-1.jpg?w=132)
Florida’s jobless rate steady at 3.3% in June; Orlando shows loss of hospitality jobs
In June, the largest employment drop was in the category of leisure and hospitality. Orlando,...
![CrowdStrike has said a fix is on the way. CrowdStrike has said a fix is on the way.](https://www.orlandosentinel.com/wp-content/uploads/2024/07/AP24201529060521.jpg?w=132)
A massive tech outage is causing worldwide disruptions. Here’s what we know
CrowdStrike has said a fix is on the way.
![An aerial view of a suburb An aerial view of a suburb](https://www.orlandosentinel.com/wp-content/uploads/2024/07/BIZ-REAL-BANKRATE-MORTGAGE-RATES-DMT-1.jpg?w=120)
Mortgage rates fall below 7% for first time in months
The 30-year mortgage rate fell to 6.92%. The 15-year rate fell to 6.92% and the...
![Last year's 5% 1-year Treasury rates were the highest since 2000. Last year's 5% 1-year Treasury rates were the highest since 2000.](https://www.orlandosentinel.com/wp-content/uploads/2024/07/fredgraph-8.png?w=140)
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Lock in 5% CDs before the Fed starts cutting rates
Last year's 5% 1-year Treasury rates were the highest since 2000.
![Last year's 5% 1-year Treasury rates were the highest since 2000. Last year's 5% 1-year Treasury rates were the highest since 2000.](https://www.orlandosentinel.com/wp-content/uploads/2024/07/fredgraph-8-1.png?w=140)
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Lock in 5% CDs before the Fed starts cutting rates
Last year's 5% 1-year Treasury rates were the highest since 2000.
![A union coalition representing 40% of Disneyland employees says a strike authorization vote will be held next week. A union coalition representing 40% of Disneyland employees says a strike authorization vote will be held next week.](https://www.orlandosentinel.com/wp-content/uploads/2024/07/OCR-L-DISNEY-UNION-0702-JG-04-2.jpg?w=132)
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14,000 Disneyland employees to vote on union strike
A union coalition representing 40% of Disneyland employees says a strike authorization vote will be...
![As the travel-heavy July Fourth weekend arrives, gas prices are expected to go down in Northeast states. As the travel-heavy July Fourth weekend arrives, gas prices are expected to go down in Northeast states.](https://www.orlandosentinel.com/wp-content/uploads/2024/07/GettyImages-2156709750.jpg?w=132)
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Aiming to lower gas prices, feds boost supply in time for the 4th
As the travel-heavy July Fourth weekend arrives, gas prices are expected to go down in...
![By CHRISTOPHER RUGABER WASHINGTON (AP) — Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market and the broader economy could be cooling. Both trends, if they continued, could lead the Fed to cut its benchmark interest rate in the coming months […] By CHRISTOPHER RUGABER WASHINGTON (AP) — Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market and the broader economy could be cooling. Both trends, if they continued, could lead the Fed to cut its benchmark interest rate in the coming months […]](https://www.orlandosentinel.com/wp-content/uploads/2024/07/Federal_Reserve_Minutes_09269.jpg?w=132)
Federal Reserve minutes: Inflation is cooling, but more evidence is needed for rate cuts
By CHRISTOPHER RUGABER WASHINGTON (AP) — Federal Reserve officials at their most recent meeting welcomed...
![Americans’ income needs highlight mounting affordability challenges that households are facing when it comes to growing their wealth. Americans’ income needs highlight mounting affordability challenges that households are facing when it comes to growing their wealth.](https://www.orlandosentinel.com/wp-content/uploads/2024/07/BIZ-PFP-BANKRATE-INCOME-DMT.jpg?w=132)
Survey: The average American feels they’d need over $200K a year to be financially comfortable
Americans’ income needs highlight mounting affordability challenges that households are facing when it comes to...