Here's what the Fed's interest rate pause means for your money
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
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After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
Even with the signing of the debt ceiling bill over the weekend, there are still concerns about the strength of the U.S. economy
President Biden has signed the bipartisan debt ceiling bill averting a default.
The president spoke less than 24 hours after the Senate approved the agreement in a bipartisan vote.
The debt ceiling deal has cleared both chambers of Congress and is headed to the president's desk.
The legislation now goes to President Biden's desk, pulling the nation back from the brink of a financial crisis.
The majority of Delaware Valley members of Congress voted in favor of legislation that suspends the debt ceiling and limits spending.
President Biden now has until Monday to sign the bill.
The House passed the measure on Wednesday night. Monday is the deadline for the nation to avoid default.
The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
A majority of Democrats and a majority of Republicans voted in favor of the Fiscal Responsibility Act.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
With pandemic aid ending earlier this year, some food-stamp recipients are skipping meals or watering down baby formula.
Rep. Thomas Massie broke with two other conservatives on the House Rules Committee to advance the legislation to the House floor.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
The agreement must go to the U.S. House. If it passes there, it then will go to the Senate.
After days of intense negotiations and weeks of talks, an agreement in principle has been reached to raise the debt ceiling.
The House Democratic leader said he can guarantee the U.S. will not default on its debt.
Time is running short for House Republicans and the White House to reach an agreement on the debt ceiling to avoid default.
Many in our area have strong feelings when talking about the gridlock in Washington over the debt ceiling fight.
Dan Snyder reports.
There is little time left for Congress to pass a bill to raise the U.S. debt ceiling and Thursday Kevin McCarthy appears to have sent home House Republicans for the long Memorial Day Weekend despite not deal yet.
If an agreement isn't reached to prevent the United States from defaulting on its debt, the country could descend into economic disarray, affecting millions of Americans from investors to Social Security beneficiaries.
President Biden and House Speaker Kevin McCarthy huddled yet again as the debt ceiling "X" date nears.
If the debt ceiling is not raised, economists say millions of Americans could lose their jobs, pushing the country into a recession.
Bryson Stott hit a two-run homer with two outs in the eighth inning and Jhoan Duran worked a 1-2-3 ninth as the Philadelphia Phillies extended their winning streak to five games with a 5-4 win over the Cincinnati Reds.
A fire at The Black Sheep Pub and Restaurant in Center City was placed under control Monday night, the Philadelphia Fire Department said.
A crash involving a tractor-trailer in Chester County shut down the Route 30 Bypass Monday night.
A teenager is in critical condition after a driver hit him on Cottman Avenue Monday afternoon, Philadelphia police say.
An 18-year-old Bethlehem man who was shot at a McDonald's in Allentown has died from his injuries days later, the Lehigh County Coroner's Office said Monday.
A water rescue is underway to find a missing person in Ocean City, New Jersey, Monday night, the Coast Guard said.
Philadelphia hit 96 degrees on Monday, breaking the previous high of 94 degrees set on May 18, 1962.
Bryson Stott hit a two-run homer with two outs in the eighth inning and Jhoan Duran worked a 1-2-3 ninth as the Philadelphia Phillies extended their winning streak to five games with a 5-4 win over the Cincinnati Reds.
A fire at The Black Sheep Pub and Restaurant in Center City was placed under control Monday night, the Philadelphia Fire Department said.
The historic Mother African Union Church in Wilmington, Delaware, was destroyed in a fire early Sunday morning.
A fire at The Black Sheep Pub and Restaurant in Center City was placed under control Monday night, the Philadelphia Fire Department said.
A crash involving a tractor-trailer in Chester County shut down the Route 30 Bypass Monday night.
A teenager is in critical condition after a driver hit him on Cottman Avenue Monday afternoon, Philadelphia police say.
An 18-year-old Bethlehem man who was shot at a McDonald's in Allentown has died from his injuries days later, the Lehigh County Coroner's Office said Monday.
Life is back to normal for 21-year-old Gianna Parrillo-Shennard, whose life was saved by Jefferson Health's mobile stroke unit.
A water rescue is underway to find a missing person in Ocean City, New Jersey, Monday night, the Coast Guard said.
Scientists are buzzing about Triantha x novacaesariensis, a newly identified plant found in New Jersey's Pine Barrens.
Research conducted by one of New Jersey's largest credit unions found a trip down the Jersey Shore is going to cost 11% more this year on average.
Thousands of people across the country came together Saturday to remember the lives of Johnny and Matthew Gaudreau.
The PrideFest parade Saturday will cross state lines, starting in Lambertville and ending in New Hope, where a full festival celebrates the reason for the season.
The historic Mother African Union Church in Wilmington, Delaware, was destroyed in a fire early Sunday morning.
A Delaware man is in custody after he barricaded himself and started a fire inside a Wawa store on Limestone Road, police say.
A New Castle County, Delaware, refinery is starting repairs that could increase its sulfur dioxide emissions levels past permitted limits.
At 108 years old, Susan Young Browne still exercises, drives and visits the Dover, Delaware, senior center she's been a member of for more than 50 years.
Delaware State University students are taking off from Chandelle Airport in Dover as they work to become future Army aviators.
Life is back to normal for 21-year-old Gianna Parrillo-Shennard, whose life was saved by Jefferson Health's mobile stroke unit.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
NAMI Montgomery County is hosting a mental health awareness and fundraising walk for the organization's free mental health programs.
The head of the World Health Organization says "our work is not over" to contain hantavirus after evacuations from a cruise ship hit by a deadly outbreak of the illness.
Doctors in New Jersey say an illness known as CHS that affects cannabis users is on the rise.
The 2026 PGA Championship at Aronimink Golf Club is a huge boost for Pottstown, Pennsylvania-based Lessen the Loads.
Bars and restaurants in Newtown Square are gearing up for an influx of customers as the 2026 PGA Championship is here.
If you dine out in Philadelphia during the 2026 FIFA World Cup events, you could end up paying more.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Photos by HughE Dillon
A crash involving a tractor-trailer in Chester County shut down the Route 30 Bypass Monday night.
SEPTA on Monday announced its plans to get fans to and from six World Cup matches in Philadelphia and the fan festival at Lemon Hill.
A Delaware woman died in a multi-vehicle crash on I-95 in South Philadelphia Tuesday night while her 4-year-old daughter was in the backseat, state police said.
A serious crash in Hainesport, New Jersey, forced Route 38 to close Thursday night.
The ramp from Front Street to northbound I-95 and the ramp from southbound I-95 to Front Street will reopen the afternoon of May 8 until the morning of May 11.
Bryson Stott hit a two-run homer with two outs in the eighth inning and Jhoan Duran worked a 1-2-3 ninth as the Philadelphia Phillies extended their winning streak to five games with a 5-4 win over the Cincinnati Reds.
SEPTA on Monday announced its plans to get fans to and from six World Cup matches in Philadelphia and the fan festival at Lemon Hill.
On Monday, May 18, the merchandise tent at Aronimink Golf Club is open to the public for one day of last-minute shopping, where all remaining items are 50% off.
The 2026 PGA Championship at Aronimink Golf Club brought roughly 200,000 golf fans to Newtown Square, Delaware County.
Rory McIlroy's frustrating final round at the PGA Championship boiled over with an angry exchange with a fan after a "U-S-A!" shout from the gallery at Aronimink Golf Club.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
If you dine out in Philadelphia during the 2026 FIFA World Cup events, you could end up paying more.
Call Your Mother, a Washington D.C. based bagel and deli chain, now has the keys to Metropolitan's Rittenhouse Square location.
The Philadelphia Museum of Art is embracing a statue it once kept at arm's length.
The "Dog Days Are Over" for the Flyers, but their return to the playoffs comes at the cost of the Florence + the Machine concert.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Middle school students in Philadelphia got the opportunity to do hands-on learning during the school district's five-day career and technical camp.
With her Girl Talk mentoring program, one Philadelphia teen turned her camp days into a safe space to discuss social issues young girls face every day.
Recent high school graduate Sylvain Farrell says his temporary position at a local clinic is the pathway to a full-time career.
A Philadelphia student won an award from NFL Films for his documentary on bringing back sports teams at his Kensington school.
A group of East Norriton eighth graders took what started as an Earth Day project and made a whole initiative.
Bill Kelly has the latest NEXT Weather forecast for the Philadelphia region Monday night as the Delaware Valley deals with brutally hot conditions.
A newly identified plant discovered in the Pine Barrens of New Jersey is found only in that area, scientists say. Temple University Professor Sasha Eisenman and Russell Juelg, a senior land steward with the New Jersey Conservation Foundation, took CBS News Philadelphia to check it out.
SEPTA on Monday announced its plans for the six World Cup matches in Philadelphia and the fan festival at Lemon Hill.
Police say a man was shot and killed after forcing his way into a home in Northeast Philadelphia. It's unclear if anyone will face charges.
Democratic voters in nearly half of Philadelphia on Tuesday will choose who they want to run to replace retiring Rep. Dwight Evans. Tax attorney Shaun Griffith, state Rep. Chris Rabb, Dr. Ala Stanford and state Sen. Sharif Street are all vying for their party's nod in the race.