economy

The U.S. poverty rate has remained at about 15 percent for the third year in a row. Despite signs of an improving economy, getting out of poverty continues to be a challenge for many Americans.

The central bank's unexpected move to keep rates low for now was good news for stock investors and homebuyers, but oil prices surged and savers will have longer to wait before they see higher rates. The Federal Reserve concluded that the economy is still too weak and needs its continued help.

Jacksonville's Retirement Reform Task Force is expected to formally agree to work with the Pew Charitable Trusts on pension reform at their meeting on…

Welcome to WJCT First Read, your daily weekday morning round-up of stories from the First Coast, around Florida, and across the country. We'll also…

As Florida anticipates an $846 million budget surplus for the 2014-2015 fiscal year, Governor Rick Scott has been traveling the state to drum up support…

Consumer prices rose just 0.1 percent in August and were up only 1.5 percent from a year earlier. The report seems to fit with the notion that the Federal Reserve has accomplished its objective: Give the economy enough of a lift to keep it moving, but not so much that inflation takes off.

Five years ago this week, Lehman Brothers collapsed, and America's financial crisis began. On Monday morning, President Obama will mark the anniversary with a speech in the White House Rose Garden. The White House released a new report ahead of the address, assessing how the government's efforts to stabilize the economy turned out.

An analysis of data from the Internal Revenue Service shows that incomes for the very wealthiest Americans have grown by nearly a third in recent years in the same period that those for the bottom 99 percent increased by only a fraction.

The U.S. Department of Labor found that two-thirds of the staffing companies that provide employees to north Florida's hospitality industry investigated…