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 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 legislation now goes to President Biden's desk, pulling the nation back from the brink of a financial crisis.
The House passed the measure on Wednesday night. Monday is the deadline for the nation to avoid default.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
A majority of Democrats and a majority of Republicans voted in favor of the Fiscal Responsibility Act.
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 House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
The agreement must go to the U.S. House. If it passes there, it then will go to the Senate.
The debt ceiling deal has cleared both chambers of Congress and is headed to the president's desk.
The House Democratic leader said he can guarantee the U.S. will not default on its debt.
After days of intense negotiations and weeks of talks, an agreement in principle has been reached to raise the debt ceiling.
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.
If the debt ceiling is not raised, economists say millions of Americans could lose their jobs, pushing the country into a recession.
President Biden and House Speaker Kevin McCarthy huddled yet again as the debt ceiling "X" date nears.
A child was injured after they were trapped under a tree in Philadelphia's East Oak Lane neighborhood as severe storms hit the region on Thursday.
Police say one person was shot at the Oxford Valley Mall in Langhorne, Pennsylvania, on Thursday.
A tractor-trailer went off the bridge on the Route 30 bypass near Old Mill Road in Sadsbury Township Thursday afternoon.
Nysheem Hinson-Rakley and Tyrik Ransom are wanted in connection with the murder of Derwin Matthews Jr. in Philadelphia.
The Philadelphia Phillies have moved right-hander Aaron Nola to the 60-day injured list.
A NEXT Weather Alert is in effect Thursday due heat and severe storms that could produce damaging winds, downpours, flooding and possibly a brief spin-up tornado.
A child was injured after they were trapped under a tree in Philadelphia's East Oak Lane neighborhood as severe storms hit the region on Thursday.
Police say one person was shot at the Oxford Valley Mall in Langhorne, Pennsylvania, on Thursday.
A tractor-trailer went off the bridge on the Route 30 bypass near Old Mill Road in Sadsbury Township Thursday afternoon.
Nysheem Hinson-Rakley and Tyrik Ransom are wanted in connection with the murder of Derwin Matthews Jr. in Philadelphia.
A child was injured after they were trapped under a tree in Philadelphia's East Oak Lane neighborhood as severe storms hit the region on Thursday.
Police say one person was shot at the Oxford Valley Mall in Langhorne, Pennsylvania, on Thursday.
A tractor-trailer went off the bridge on the Route 30 bypass near Old Mill Road in Sadsbury Township Thursday afternoon.
Nysheem Hinson-Rakley and Tyrik Ransom are wanted in connection with the murder of Derwin Matthews Jr. in Philadelphia.
Two men were arrested and a third is sought in the 2022 murder of 17-year-old Theodore Crawford in Philadelphia, police said.
Deptford, New Jersey, residents were ordered to shelter-in-place as a precaution due to a chlorine leak at the municipal utility.
Edan Alexander, an American taken hostage during the Oct. 7, 2023, Hamas attack on Israel, has finally returned to his hometown.
Edan Alexander, a U.S.-Israeli hostage who was released from captivity by Hamas last month, will return to his hometown of Tenafly, New Jersey on Thursday.
Businesses hope a major festival and warmer weather can turn things around, as rain is blamed for a slow start at the shore.
A New Jersey family hired a contractor to replace their roof, but three years later, the work hasn't even started.
Twenty-five years ago, Alex Scott, the namesake of Alex's Lemonade Stand Foundation, held her first lemonade stand.
Steady rain will taper off Sunday morning, but the chance for on-and-off spotty showers continues around the Delaware Valley for Father's Day.
Delaware State Police say a train derailment is impacting travel near Old Porter Road in Bear, New Castle County.
For this Delaware developer, a plan to build affordable homes in Wilmington is deeply personal.
Darrian Randle and her boyfriend have been charged in the death of her 3-year-old daughter, Nola Dinkins, who went missing Tuesday night.
ALSF's Crazy 8 Initiative is funding a research project examining newborn screening for a genetic predisposition to cancer.
For the Hope Afloat dragon boat racing team in Philadelphia, overcoming breast cancer is a team sport.
A 29-year-old man from Switzerland is back in Philadelphia at Penn Medicine months after having a life-changing double-hand transplant.
While gun violence is down in Philadelphia, advocates say there are still too many children being caught in the crossfire.
AJ Tantala, a lifelong Phillies fan in need of a kidney transplant, is making a pitch to Philadelphia to help save his life.
Businesses hope a major festival and warmer weather can turn things around, as rain is blamed for a slow start at the shore.
Former World Cafe Live employees say the venue is mismanaged and their paychecks were late. The CEO says it all stems from miscommunication.
People are trying to stay cool in today's humidity, and businesses are preparing for what's to come as we track dangerous heat this week.
The FIFA Club World Cup is bringing a little more than soccer to the city. It's bringing a boom in business.
Amazon says it will spend $20 billion on two data center complexes in Pennsylvania, including one it is building alongside a nuclear power plant that has drawn federal scrutiny.
A tractor-trailer went off the bridge on the Route 30 bypass near Old Mill Road in Sadsbury Township Thursday afternoon.
After an initial rollout to some extremely interested drivers, PA's "Let Freedom Ring" license plates are available to order en masse.
SEPTA's Chestnut Hill East Line will close from June 15 to Sept. 2 while bridges on the line are repaired.
New Jersey Transit's train engineers have overwhelmingly approved the tentative deal that ended their three-day strike last month.
In Philadelphia's Strawberry Mansion neighborhood, half the residents don't own cars. For them, public transportation is essential, not a choice.
The Philadelphia Phillies have moved right-hander Aaron Nola to the 60-day injured list.
The FIFA Club World Cup brought world-class soccer to Lincoln Financial Field, along with thousands of fans, a protester and some smoke bombs.
Bryson Stott hit a three-run homer, Ranger Suárez pitched seven effective innings and the Philadelphia Phillies beat the Miami Marlins 4-2.
Nick Castellanos returned to the Phillies lineup for their game against the Marlins on Wednesday after being benched the day before for "an inappropriate comment."
An animal-rights activist ran onto the field during a Club World Cup match between Manchester City and Wydad in Philadelphia, urging Morocco to reform its treatment of stray animals.
Businesses hope a major festival and warmer weather can turn things around, as rain is blamed for a slow start at the shore.
Anne Burrell, an acclaimed chef from upstate New York, hosted "Secrets of a Restaurant Chef," "Worst Cooks in America" and other popular Food Network shows.
Philadelphians likely did a double-take for two reasons – former President Joe Biden was seen casually strolling in Rittenhouse Square as the hit TV series "Reacher" filmed nearby.
Philadelphia Phillies shortstop Trea Turner already won an NL batting title and a World Series championship ring in his 11-year MLB career.
Pop superstar Taylor Swift and boyfriend Travis Kelce were at Amerant Bank Arena to watch Game 4 of the Stanley Cup Final.
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.
The Philadelphia region is dealing with severe weather on Thursday as powerful winds and downpours are moving through the area.
A tractor-trailer went off the bridge on the Route 30 bypass near Old Mill Road in Sadsbury Township Thursday afternoon, Chester County dispatch said. The driver of the tractor-trailer was taken to a hospital. Their condition is unknown at this time.
Police in Bucks County, Pennsylvania, are investigating a shooting at the Oxford Valley Mall on Thursday. One person was shot at the mall on the 2300 block of East Lincoln Highway, according to police.
ACCT Philly says the alligator, originally named "Chompy," was in a house living as someone's pet on the 2500 block of Cumberland Street.
A security guard is in critical condition and one man is in custody after a shooting in the Cobbs Creek neighborhood in West Philly. It happened just before midnight in front of the Walnut Park Plaza Apartments. When police arrived, they found the apartment security guard suffering from multiple gunshot wounds. Police said they arrested a tenant who was hiding in the bushes nearby.