Fed lifts interest rates another 0.75 percentage point
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
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Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
On today's show, Matt discussed Jill Stein's failed recount effort in PA, Trump's reaffirmed victory in Wisconsin, and whether or not you're obligated to tip around the holidays. At 4pm retired secret service agent Robert Caltabiano joined the show to discuss potential Russian hacking of US political institutions. At 5:30pm author and Forbes contributor Chris Versace checked in to tell us what we can expect from the market before the years end.
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.
Monday in the Philadelphia region will be mostly cloudy and mild, with a chance of scattered rain.
Eagles running back Saquon Barkley will undergo an MRI after he missed most of Sunday's 24-20 comeback win over the Titans with a stinger, according to multiple reports.
Part of a Lavallette, New Jersey, liquor store was boarded up and a bouquet of flowers was left outside Sunday night, somber reminders of a horrific crash that killed a woman a day earlier.
The congregation at Messiah Lutheran Church in Downingtown celebrated its official grand reopening Sunday.
Jeffery Simmons gave Jalen Hurts bulletin board material heading into Week 2, and the Eagles quarterback responded with a game-winning drive late in the fourth quarter to beat the Titans.
Jalen Hurts tossed a game-winning touchdown pass to Darius Cooper to help the Philadelphia Eagles beat the Tennessee Titans, 24-20, Sunday at Nissan Stadium.
Monday in the Philadelphia region will be mostly cloudy and mild, with a chance of scattered rain.
Jeffery Simmons gave Jalen Hurts bulletin board material heading into Week 2, and the Eagles quarterback responded with a game-winning drive late in the fourth quarter to beat the Titans.
Eagles running back Saquon Barkley will undergo an MRI after he missed most of Sunday's 24-20 comeback win over the Titans with a stinger, according to multiple reports.
Part of a Lavallette, New Jersey, liquor store was boarded up and a bouquet of flowers was left outside Sunday night, somber reminders of a horrific crash that killed a woman a day earlier.
The congregation at Messiah Lutheran Church in Downingtown celebrated its official grand reopening Sunday.
Ed Sheeran opened his solo concert in Philadelphia on Saturday with comments about Gaza, saying what is happening there is "catastrophic and unjustifiable."
Health officials are warning of a possible measles exposure at Philadelphia International Airport, and it's not related to the case at CHOP.
Surveillance video captured the moment a man had his laptop snatched off his table at gunpoint Friday at Parc in Philadelphia.
Police believe a social media beef might have led to a shooting that injured a 16-year-old in East Germantown Friday night.
Part of a Lavallette, New Jersey, liquor store was boarded up and a bouquet of flowers was left outside Sunday night, somber reminders of a horrific crash that killed a woman a day earlier.
Olympian Dominique Dawes said she wants to create a healthier culture within gymnastics.
The suspect has been identified in a deadly shooting that happened outside a Wawa location in Toms River on Friday.
Gregory Taylor says his son, Xavier, is still on a ventilator, but they're hopeful and steadfast in their faith.
North Wildwood police say a man drowned in the ocean near Second Avenue on Wednesday.
Friday will start on the humid side, but as temps climb into the low-mid 80s, the decreasing humidity will make for a nice day.
Today looks warm and noticeably more humid in the Philadelphia region, with highs reaching the mid-80s but feeling like the upper 80s.
Another beautiful September day is underway Wednesday in the Philadelphia region.
Tuesday will bring plenty of sunshine, low humidity and light winds in the Philadelphia region, all ingredients to spend time outside.
Concerns are growing in Wilmington, Delaware, after separate shootings over the weekend left two people dead, including a teen.
Health officials are warning of a possible measles exposure at Philadelphia International Airport, and it's not related to the case at CHOP.
Health officials in Philadelphia are warning about possible measles exposures in the CHOP NICU.
An 18-year-old from Mifflin County has died from measles-related complications, Pennsylvania health officials said.
The Philadelphia Eagles' cheerleading squad has nine new members, including a Jefferson Health cardiac ICU nurse and three other healthcare professionals.
A 40-year-old woman died on Saturday from complications associated with measles, the coroner reported.
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
Two people were taken to the hospital after a large tree fell onto three cars on Belmont Avenue in Bala Cynwyd on Friday.
A crash involving at least two cars is slowing traffic on I-95 South near Allegheny Avenue.
Drivers will start getting tickets for parking in Smart Loading Zones without registering.
A man on a motorcycle was launched from a highway overpass near 2nd and Callowhill streets on Monday night, police say.
SEPTA has resumed service on three Regional Rail lines after downed Amtrak wires caused a suspension on Monday.
Eagles running back Saquon Barkley will undergo an MRI after he missed most of Sunday's 24-20 comeback win over the Titans with a stinger, according to multiple reports.
Jeffery Simmons gave Jalen Hurts bulletin board material heading into Week 2, and the Eagles quarterback responded with a game-winning drive late in the fourth quarter to beat the Titans.
Cristopher Sánchez earned his major league-leading 18th win Sunday, leading the Phillies to a 7-2 victory over the Mets.
Jalen Hurts tossed a game-winning touchdown pass to Darius Cooper to help the Philadelphia Eagles beat the Tennessee Titans, 24-20, Sunday at Nissan Stadium.
Bruno Damiani, teenager Cavan Sullivan and Milan Iloski all scored over a five-minute span of the second half for Philadelphia, and the Union used an own goal to beat Sporting Kansas City 4-3 and extend their unbeaten streak to 11 with a fifth straight victory.
Crews are setting up for Ed Sheeran's concert at Lincoln Financial Field this weekend amid a controversy over Macklemore's recent comments.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Performer Macklemore is being dropped from Ed Sheeran's Loop tour after making on-stage statements that some found controversial.
The Philadelphia Eagles' cheerleading squad has nine new members, including a Jefferson Health cardiac ICU nurse and three other healthcare professionals.
The Landmark Ritz Five movie theater in Philadelphia's Old City neighborhood has reopened after a brief closure.
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.
Andrew Kozak is tracking an unsettled week of weather in the Philadelphia region this week. Here's the latest NEXT Weather forecast.
A woman was killed and seven people were hurt after a car slammed into a restaurant in Ocean County, New Jersey.
Andrew Kozak has the latest NEXT Weather forecast for the Philadelphia region on a rainy Sunday night.
The Eagles made fans sweat Sunday afternoon, but the team pulled off a dramatic win over the Titans in Week 2.
President Trump said on Sunday that he has agreed to convert plans for a massive triumphal arch into a "top grade Military Complex," equipped with snipers and drone storage.