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.
The threat of storms continues Tuesday as a front approaches the Philadelphia region.
Edmundo Sosa drove in three runs and Kyle Schwarber reached base four times as the Philadelphia Phillies beat the St. Louis Cardinals 6-5 on Monday night.
Congress is asking MLB to prohibit promotional deals with betting operators after Phillies star Bryce Harper was featured in a video for a FanDuel VIP reward customer.
Kensington native and MMA legend Eddie Alvarez is thrilled to see UFC 330 come to Philadelphia this weekend.
The wings were frying, drinks were poured and nearly every seat was filled as customers packed Pappou's Pizza Pub for a final goodbye Sunday.
The brother of a suspect charged with killing a Penn State student is wanted in an attempted carjacking of a Philly police officer where shots were fired.
The threat of storms continues Tuesday as a front approaches the Philadelphia region.
Edmundo Sosa drove in three runs and Kyle Schwarber reached base four times as the Philadelphia Phillies beat the St. Louis Cardinals 6-5 on Monday night.
Congress is asking MLB to prohibit promotional deals with betting operators after Phillies star Bryce Harper was featured in a video for a FanDuel VIP reward customer.
Kensington native and MMA legend Eddie Alvarez is thrilled to see UFC 330 come to Philadelphia this weekend.
Kensington native and MMA legend Eddie Alvarez is thrilled to see UFC 330 come to Philadelphia this weekend.
The wings were frying, drinks were poured and nearly every seat was filled as customers packed Pappou's Pizza Pub for a final goodbye Sunday.
A Philadelphia couple was charged with assaulting their 7-week-old daughter Monday, police said.
More than 400 people have signed a petition calling on Philadelphia to address an illegal dumping problem at Devil's Pool in Wissahickon Valley Park.
A new, less invasive treatment for a brain disorder is being tested at Jefferson Health in Philadelphia.
A 36-year-old man was charged with attempted murder after stabbing two people in Egg Harbor Township Sunday morning, police said.
An emergency curfew will go into effect in the city of Trenton Friday night after multiple violent crimes happened in recent months, city officials said.
A massive 8-foot python was found in a New Jersey backyard. The 40-pound snake is now safely back in a cage, but not before it gave residents in Freehold a scare.
Joel Deanley Jr. was arrested for having a sexual relationship with a Timber Creek Regional High School student.
Hope Community Charter School in Camden is scrambling to move into a new space after flooding earlier this summer.
Two teenagers were injured in a stabbing in New Castle County Sunday afternoon, police said.
William Simpler Jr. is charged with fatally shooting Jason Paoletti in a road rage shooting in Delaware.
Electronic speed cameras are now in place along a busy residential road in Delaware.
Two crews from the Delaware Forest Service traveled to assist fire crews in Minnesota working to contain wildfires sparked by lightning.
A 13-year-old boy accused of assaulting two people with fireworks earlier this month in Wilmington faces attempted murder charges, police say.
An incredible story of luck, bravery and medical expertise after a Glassboro dad gets impaled with a tree branch.
Temple University alum Dr. David Hartman was the first blind person to graduate from an American medical school.
Measles cases have spread to the Lehigh Valley in Pennsylvania, as a big jump in outbreaks is happening in other parts of the state.
The Chick Mission, a nonprofit, rolled into Montgomery County on Monday. It aims to save fertility for young women who have cancer by providing grants.
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
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
New Jersey is set to charge companies whose workers have Medicaid health coverage.
Target is voluntarily recalling two types of baby wipes due to concerns that the products may be contaminated with bacteria that may cause "serious and life-threatening infections," the U.S. Food and Drug Administration said on Friday.
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.
An overturned tractor trailer blocked traffic on the southbound lanes of Route 55 after a crash early Monday morning in Gloucester County, New Jersey.
A major rail injection saw service suspensions and delays after a SEPTA Regional Rail train derailed Wednesday in Philadelphia.
Edmundo Sosa drove in three runs and Kyle Schwarber reached base four times as the Philadelphia Phillies beat the St. Louis Cardinals 6-5 on Monday night.
Congress is asking MLB to prohibit promotional deals with betting operators after Phillies star Bryce Harper was featured in a video for a FanDuel VIP reward customer.
Kensington native and MMA legend Eddie Alvarez is thrilled to see UFC 330 come to Philadelphia this weekend.
BLJ Community Rowing, founded by former Division I athlete Brannon Johnson, has introduced more than 1,000 people to rowing.
It was a blast from the past at Citizens Bank Park Sunday as Philadelphia Phillies greats were honored ahead of the game against the Toronto Blue Jays.
The Philadelphia theater program created for Black girls returns with an original production exploring identity, immigration and the stories often left untold.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
The Regal movie theater in King of Prussia said its IMAX 70mm projector is working again after an outage that affected screenings of "The Odyssey."
A warmup jacket worn by Wilt Chamberlain during the 1972 NBA finals that was found in an Oregon thrift store could fetch more than $150,000 in an auction closing Monday.
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
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 says Tuesday in the Philadelphia region will be muggy and hot with a chance of storms. Here's the latest NEXT Weather forecast.
Three Congress members sent a letter to Major League Baseball and its players' association on Monday to prohibit promotional deals with betting operators after Phillies star Bryce Harper was featured in a video for a FanDuel VIP reward customer.
The steakhouse in Pennsauken, New Jersey, announced Monday that the property is for sale.
The Powerball jackpot on Monday night is the eighth largest prize in the game's history.
A manhunt is underway for Kadafi Fleming in connection with an attempted carjacking of an off-duty cop in Southwest Philly. He's the brother of Azzubair Outen-Fleming, who was charged in the deadly shooting of Billy Schmidt on June 6 near his South Philly home.