Curveball Question Thrown At Fed Chair Yellen During Philadelphia Q&A
Janet Yellen expects interest rates to "gradually increase," but she did not specify a timetable.
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Janet Yellen expects interest rates to "gradually increase," but she did not specify a timetable.
Federal Reserve Chair Janet Yellen's speech to the World Affairs Council in Philadelphia on Monday was a last chance to get insights into Fed thinking on its next rate move, before next week's monetary policy meeting.
The Fed's decision to raise rates is in many ways a healthy sign: It's a vote of confidence that the economy, 6½ years after the Great Recession officially ended, can finally withstand higher borrowing costs and keep growing at an acceptable pace.
"The media portrays him as just grabbing publicity, but I think he is taking a serious look at it and looking at all of the pros and cons," Forbes said.
The Chair of La Salle University's Economics department, Dr. David Robison, appeared on Talk Radio 1210 WPHT to discuss the latest meeting of the Federal Reserve.
Chris details the latest on the signup problems at healthcare.gov, criticisms being leveled at New Jersey Governor Chris Christie, and the case of cat hoarding at Grace Kelly's former house. He talks to John Hayward from Red State, Steve Cordasco on Finance Friday, and CBS 3's Beasley Reece.
Chris reviews President Obama's interview with local News Anchor Rick Williams, the NFL's announcement they will meet with a Native American group over the name of the Washington Redskins, and the President's appointment of Janet Yellen for the next Chair of the Federal Reserve. He talks to Steve Cordasco on Finance Friday and CBS 3's Beasley Reece.
Chris discusses Chris Christie's decision to ban conversion therapy in New Jersey, Ed Schultz return to MSNBC and the fight over gay marriage in Montgomery County. He also talks to Senator Pat Toomey and Dick Yuengling from the Yuengling Brewery.
This year, a pilot project in several states actually has the IRS getting help from different states in tracking down those engaged in ripping off your identity.
Federal authorities in Philadelphia say an airport baggage handler has been charged with stealing $20,000 in a new type of $100 bill never released to the public.
The training exercise consisted of blowing up a mass transit bus which contained artifacts from both the "victims" and the "perpetrator" -- items such as cell phones, keys, wallets and wedding rings.
The FBI is investigating the theft of a large sum of money from a plane that landed at Philadelphia International Thursday morning.
Chris discusses New York City's ban of large sodas and the Pennsylvania Supreme Court's hearing arguments on the voter ID law. He talks to Steve Cordasco on Finance Friday, the former Governor of New Hampshire John Sununu about the Presidential election, and CBS 3's Beasley Reece about the Phillies surge and the Eagles home opener against Baltimore.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Chris talks to Senator Pat Toomey on the Senate vote to extend some of the Bush Tax Cuts, Steve Cordasco on Finance Friday, CBS 3's Beasley Reece on the opening of the Olympics and Michael Vick sell his new line of clothes, and to City Councilman Jim Kenney on his proposed resolution to condemn Chick-Fil-A.
Chris reviews the report on the Jerry Sandusky sexual abuse cover up released yesterday by Louis Freeh and he discusses the fallout with the Philly Posts Kevin Cirilli and CBS 3's Beasley Reece. He also talks to Steve Cordasco on Finance Friday, Former RNC Chairman Michael Steele, and Comedian Greg Proops.
Congress ordered the Mint, in 2005, to make four different dollar coins a year, each honoring a different president, until 2016. A handful of collectors seemed to be just about the only people interested in them.
Chris analyzes the early missteps of Rick Perry's Presidential Campaign and Verizon's ad campaign against their striking workers. He also talks to Phillies Play-by-Play Announcer Tom McCarthy about the unveiling of the Harry Kalas Statue last night at Citizens Bank Park.
Uar Bernard and Joshua Weru landed on the Philadelphia Eagles' practice squad one day after being waived on cutdown day.
Enter for the chance to win 4 tickets to see MAMMA MIA! at 7:30 p.m. on Sept. 29, at the Academy of Music, a $100 gift card to Leo inside the Kimmel Center and a MAMMA MIA! merch pack.
The School District of Philadelphia will have early dismissal for 52 schools on Tuesday due to hot weather.
Part of an apartment building in Gloucester County, New Jersey, collapsed early Monday after a massive fire, displacing a dozen residents.
Justin Smith was convicted of murder and other charges in the fatal shooting of his girlfriend, Dianna Brice, and the couple's unborn child in 2021.
Uar Bernard and Joshua Weru landed on the Philadelphia Eagles' practice squad one day after being waived on cutdown day.
The School District of Philadelphia will have early dismissal for 52 schools on Tuesday due to hot weather.
Part of an apartment building in Gloucester County, New Jersey, collapsed early Monday after a massive fire, displacing a dozen residents.
Justin Smith was convicted of murder and other charges in the fatal shooting of his girlfriend, Dianna Brice, and the couple's unborn child in 2021.
At just 9 years old, Tanya Sinha is already making her mark in the world of chess — but for her, winning is only part of the game.
The School District of Philadelphia will have early dismissal for 52 schools on Tuesday due to hot weather.
Justin Smith was convicted of murder and other charges in the fatal shooting of his girlfriend, Dianna Brice, and the couple's unborn child in 2021.
At just 9 years old, Tanya Sinha is already making her mark in the world of chess — but for her, winning is only part of the game.
Cyclists took over the streets of the city on Sunday for the Philadelphia Cycling Classic.
A Pennsylvania man died when he lost control of his motorcycle and crashed into another rider, police say.
Part of an apartment building in Gloucester County, New Jersey, collapsed early Monday after a massive fire, displacing a dozen residents.
Two people died and eight others were hurt in a shooting on Locust Street in Trenton early Sunday morning, officials say.
New Jersey Gov. Mikie Sherrill signed a law Friday making cocktails to-go permanent.
Seven New Jersey college students had to find a new place to live after heavy rain flooded their home near Rowan University this week.
Three AMC Theatres in the Philadelphia region are holding special screenings to celebrate the life and legacy of Dolly Parton.
After a rainy Thursday, the Philadelphia area will see a partly sunny and warm Friday with a few scattered showers and storms.
Thursday is a NEXT Weather Alert day with a round of showers and thunderstorms becoming more widespread from midday through the afternoon and evening.
Wednesday will be another beautiful late August day with dew points in the mid-50s and low 60s, so humidity will be nice and low.
Interactive exhibits and some artifacts dating back more than 100 years help detail the transformation of the Mother African Union Church.
Tuesday will be another beautiful day in the Philadelphia region with sunshine, low humidity and highs near 82 degrees.
After losing her mother, Sarah Kagan wants to change how employers deal with grief.
Pennsylvania health officials say two people who had measles died in the state, but Health Secretary Robert F. Kennedy Jr. is questioning that.
A Philadelphia police officer taking daraxonrasib for pancreatic cancer says the drug is giving her hope.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
The trial at Temple's Fox Chase Cancer Center is testing the experimental treatment in patients with myelofibrosis who aren't responding to traditional therapies.
New Jersey floral designer Alisha Simone Bell said she puts her "whole heart" into every arrangement and every detail.
On Tuesday, Pennsylvania took a major step in the fight against the negative impacts of social media, particularly on children.
Thieves are smashing windows and targeting trading card stores looking for valuable Pokémon cards, police in South Jersey say.
Customers lined up to support Somerdale Cold Cuts as it reopened after a copper theft.
While some assume landlords are required to provide air conditioning, the law is not nearly as clear-cut as it is for heat in the winter
For the first time in a decade, the Philadelphia Cycling Classic returns this weekend.
Beginning Sunday, several bus routes in Philadelphia are changing, including the addition of two new routes.
A deadly crash in Warminster is under investigation Sunday, police said.
PennDOT is advising drivers about an overnight closure on the Schuylkill Expressway westbound in West Philadelphia between 30th Street and the interchange with I-676 East.
Pennsylvania State Police are investigating two crashes, one of which was fatal, that happened hours apart on I-95 and I-76 in Philadelphia.
Uar Bernard and Joshua Weru landed on the Philadelphia Eagles' practice squad one day after being waived on cutdown day.
Cyclists took over the streets of the city on Sunday for the Philadelphia Cycling Classic.
Zack Wheeler allowed one run in six innings as the Philadelphia Phillies completed a three-game sweep with a 5-2 win over the Los Angeles Angels.
The Philadelphia Eagles' roster could change before the regular season opener vs. the Commanders, but here's who made the cut.
Kyle Schwarber hit a go-ahead RBI single and Trea Turner had a two-run single in a three-run 10th inning in the Philadelphia Phillies' victory Saturday.
"Sunday Morning" looks back at the astonishing career of the queen of country music, whose talent, warmth, wit, and philanthropy made her a genuine, once-in-a-generation luminary.
Three AMC Theatres in the Philadelphia region are holding special screenings to celebrate the life and legacy of Dolly Parton.
Stella Parton said her sister Dolly told her "that if there was no hope for her, she would still allow her medical team to try experimental drugs in the hope of helping others in the future."
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Hosts Nicole Michalik and Patty Jackson react after country music icon Dolly Parton dies at age 80.
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 School District of Philadelphia will have early dismissal for 52 schools on Tuesday due to hot weather.
A high-profile celebrity with ties to Philadelphia helped reimburse a carjacking victim who was charged hundreds of dollars to get her car back. CBS News Philadelphia's Liz Crawford reports.
Part of an apartment building in Gloucester County, New Jersey, collapsed early Monday after a massive fire, displacing a dozen residents. CBS News Philadelphia's Dan Snyder reports.
Before you open up that next message from your doctor, listen up. CBS News Philadelphia is In your Corner with a warning for thousands of patients. Scammers are now pretending to be healthcare providers. Consumer reporter Josh Sidorowicz has what you need to watch out for.
At just 9 years old, Tanya Sinha is already making her mark in the world of chess — but for her, winning is only part of the game. Wakisha Bailey reports.