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.
The U.S. and Israel are attacking Iran, which is responding with attacks on U.S. bases in the region, as President Trump confirms "major combat operations."
Temps in the mid-upper 50s with tons of sunshine on Saturday with a very nice spring feel to it.
Quakertown Police Chief Scott McElree has been placed on leave as an investigation continues into a violent confrontation that followed a student anti-ICE walkout.
Ewing Township police are looking for three women who allegedly vandalized a Wendy's resturant and tried to assault its employees.
A 30-year-old woman is in custody in connection with a shooting that left her roommate dead in South Philadelphia, police say.
The U.S. and Israel are attacking Iran, which is responding with attacks on U.S. bases in the region, as President Trump confirms "major combat operations."
Temps in the mid-upper 50s with tons of sunshine on Saturday with a very nice spring feel to it.
Quakertown Police Chief Scott McElree has been placed on leave as an investigation continues into a violent confrontation that followed a student anti-ICE walkout.
Ewing Township police are looking for three women who allegedly vandalized a Wendy's resturant and tried to assault its employees.
A 30-year-old woman is in custody in connection with a shooting that left her roommate dead in South Philadelphia, police say.
Quakertown Police Chief Scott McElree has been placed on leave as an investigation continues into a violent confrontation that followed a student anti-ICE walkout.
A 30-year-old woman is in custody in connection with a shooting that left her roommate dead in South Philadelphia, police say.
One Montgomery County woman spoke with CBS News Philadelphia to detail how she found treatment that saved her life.
It's a huge update, years in the making, for anyone who parks a car in the city of Philadelphia. The city could soon be overhauling its courtesy tow system after settling a lawsuit.
Rep. Brendan Boyle's bill would force the government to restore slavery exhibits at the President's House in Philadelphia.
Ewing Township police are looking for three women who allegedly vandalized a Wendy's resturant and tried to assault its employees.
Madison St. Rose is making a name for herself with the Princeton Tigers women's basketball team after overcoming a major health scare.
A fire at the EMR Metal Recycling facility in Camden was quickly contained Thursday night, one month after the company was sued over a series of fires.
A woman convicted of stowing away on a flight out of JFK Airport in 2024 has allegedly done it again, this time at Newark Airport, sources say.
More than a month after a fire ripped through a high-rise building in Atlantic City, one woman is forced to start all over.
After a nor'easter dumped snow on the Philadelphia area, some schools have announced closings and virtual learning days for Tuesday, Feb. 4.
A major winter storm blanketed southeastern Pennsylvania, New Jersey and Delaware with snow Sunday night and Monday.
A nor'easter taking aim at Pennsylvania, New Jersey, and Delaware has prompted schools to announce closings and virtual learning days for Monday, Feb. 23.
Wawa says these four bottled milk products could present a choking hazard and are being recalled as a precaution.
The long-ago first husband of first lady Jill Biden pleaded not guilty to charges that he killed his current wife in Delaware.
One Montgomery County woman spoke with CBS News Philadelphia to detail how she found treatment that saved her life.
A Philadelphia-area woman is among a growing number of younger women with cardiovascular disease. This device saved her life.
Camden County health officials said a New Jersey resident was placed in isolation after testing positive for active tuberculosis earlier this month.
One year after receiving CRISPR gene editing therapy at CHOP, a Delaware County baby is thriving, and doctors want to expand treatment to others.
The NICU team at Virtua Voorhees Hospital in New Jersey celebrated Baby Myla as she headed home Tuesday.
The Franklin Mall in Northeast Philadelphia is set to reopen Friday after being because of a fire, a spokesperson said.
The Franklin Mall in Northeast Philadelphia is closed until further notice following a fire, a mall security official said.
Move over, Wawa, "there's a new player in town." Customers shed light on Pennsylvania's heated rivalry as Sheetz opened its first store in Montgomery County.
Former Sheetz president and CEO Steve Sheetz has died at age 77, the Altoona-based company announced on Monday.
The post-Christmas return rush was underway at shops and malls across the Philadelphia area.
The same technology the PPA started using last year to ticket illegally parked drivers from cameras on SEPTA buses will soon be used on trolleys.
A stretch of Route 202, also known as DeKalb Pike, will be closed until late fall as work to prevent sinkholes gets underway.
A major winter storm blanketed southeastern Pennsylvania, New Jersey and Delaware with snow Sunday night and Monday.
Martin Luther King Jr. Drive in Philadelphia has reopened following emergency repairs, according to the city.
A stretch of Spruce Street in Philadelphia's University City section is closed until further notice because of a water main break.
Madison St. Rose is making a name for herself with the Princeton Tigers women's basketball team after overcoming a major health scare.
The Philadelphia Flyers rallied to beat the New York Rangers 3-2 on Thursday night.
Tyrese Maxey broke Allen Iverson's 76ers franchise record for 3-pointers, finishing with five 3s and 28 points in Philadelphia's 124-117 victory over the Miami Heat.
Tyrese Maxey passed NBA Hall of Famer Allen Iverson Thursday night to become the Philadelphia 76ers' all-time leader in made 3-pointers.
For Jane and Guy Gaudreau, the 2026 Winter Olympics are a golden moment the two will never forget after the U.S. men's hockey team honored their sons after winning the gold medal.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
Barry Manilow announced Friday he needs to reschedule several more concerts as he continues to recover following surgery after he was diagnosed with lung cancer.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
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.
A woman is in custody in connection with a shooting that left another woman dead in South Philadelphia, police say.
Saturday is your day to get outside!! Temps in the mid-upper 50s with tons of sunshine will have a very nice spring feel to it, especially in the afternoon. Bille Kelly reports.
Three dozen swords and 50 arrowheads dating back nearly 4,000 years to the Bronze Age were seized in Philadelphia by the U.S. Customs and Border Protection earlier this month. Ross DiMattei reports.
Quakertown Police Chief Scott McElree has been placed on leave as an investigation continues into a violent confrontation that followed a student anti-ICE walkout. Kerri Corrado reports.
Walking past piles of snow, many people left their heavy winter coats at home Friday and ventured out for a stroll on Kings Highway in Haddonfield to soak up the sun and enjoy warmer weather. Ryan Hughes reports.