The Fed is making a rate decision today. Here's what to expect
The Fed is meeting today to decide whether to again raise rates as it battle inflation. Here's what it means for interest rates and mortgages.
The Fed is meeting today to decide whether to again raise rates as it battle inflation. Here's what it means for interest rates and mortgages.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
The Federal Reserve is hitting the pause button on interest rates, thanks in part, to the latest inflation numbers from May. Jessica Kartalija reports. READ MORE: https://cbsloc.al/3qGC22S
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
The U.S. central bank eases up its efforts to curb inflation amid concerns about banking industry risks.
Because inflation is easing, Fed is increasing rates at slower pace. But borrowing will still be more expensive.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Ukee Washington reports.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
Firefighters rescued a woman who fell between a train car and the tracks at the train station in Wilmington, Delaware, Sunday evening, fire officials said.
Brandon McManus, a former kicker at Temple University and a Hatfield, Pennsylvania native, was released by the Washington Commanders on Sunday following sexual assault allegations.
Two people were killed and six people were injured in three separate shootings during a violent Saturday night in Philadelphia, according to the Philadelphia Police Department.
The nonprofit Grands Stepping Up is helping families dealing with food insecurity by opening up a community garden at the church in Aston.
Pro-Palestinian protesters have set up a new encampment at the University of Pittsburgh on Sunday.
Inclusivity was on full display Sunday at the 2024 Philadelphia Pride March and Festival.
Firefighters rescued a woman who fell between a train car and the tracks at the train station in Wilmington, Delaware, Sunday evening, fire officials said.
Ranger Suárez, who entered Saturday's game tied for the major league lead with nine wins, left with a bruised left hand after he was drilled by a 106.1 mph line drive in the second inning.
Brandon McManus, a former kicker at Temple University and a Hatfield, Pennsylvania native, was released by the Washington Commanders on Sunday following sexual assault allegations.
Two people were killed and six people were injured in three separate shootings during a violent Saturday night in Philadelphia, according to the Philadelphia Police Department.
The nonprofit Grands Stepping Up is helping families dealing with food insecurity by opening up a community garden at the church in Aston.
Inclusivity was on full display Sunday at the 2024 Philadelphia Pride March and Festival.
A Philadelphia police officer was riding a dirt bike as part of the ATV detail when he was struck by a car making a U-turn.
Philadelphia police released photos of at least two people they said are wanted in connection with vandalism acts near 1500 Spring Garden Street and 490 North Broad Street on Sunday at around 2 a.m.
Ranger Suárez, who entered Saturday's game tied for the major league lead with nine wins, left with a bruised left hand after he was drilled by a 106.1 mph line drive in the second inning.
Police said 10 teenagers and two adults were arrested after large fights broke out among a group of about 500 people at the Gloucester Township Day event Saturday night.
Dry weather continues Sunday with high temperatures near 84 in Philadelphia. Clouds and humidity increase later in the day, with a chance for showers in the evening.
Camden County is offering a variety of free programs for seniors this summer, like lessons in golf, pickleball and bocce ball to uplift community members and keep them active.
Detour ahead! The Ben Franklin Bridge will be closed on Sunday morning for the American Cancer Society Bike-A-Thon. Here's what you need to know.
The weather in Philadelphia and around the region, including at the Jersey Shore, is more than cooperating with all the events scheduled for this weekend.
Firefighters rescued a woman who fell between a train car and the tracks at the train station in Wilmington, Delaware, Sunday evening, fire officials said.
Dry weather continues Sunday with high temperatures near 84 in Philadelphia. Clouds and humidity increase later in the day, with a chance for showers in the evening.
The weather in Philadelphia and around the region, including at the Jersey Shore, is more than cooperating with all the events scheduled for this weekend.
A community in Willmington, Delaware is making sure 10-year-old James Messick is not forgotten as they call for safety improvements at the busy intersection where he was struck and killed on May 6.
If you're looking to celebrate Pride month this weekend in Philadelphia, catch the iconic Roots Picnic at Fairmount Park or head to South Philly for a Phillies game or Upper Deck Golf, you've come to the right place.
With concerns growing about avian flu spreading, researchers at the University of Pennsylvania are working on a new bird flu vaccine.
The U.S. has ordered 4.8 million doses of vaccine to target bird flu in case the outbreak spreads in people.
Federal health officials are reminding everyone about food safety in warm weather as many are looking forward to fun and food outdoors this weekend during the unofficial start of summer.
In Camden, 14% of kids have elevated levels of lead. Efforts are underway to make testing quick and easy.
Parents can spend more than $100 a month on diapers, a financial strain for millions of U.S. households.
Nestled on 70 acres of preserved farmland in Voorhees, Saddlehill Winery and Vineyards is one of Camden County's newest small businesses.
Pheng Seng, a Cambodian American refugee who was once incarcerated, is now the co-owner of Unrivaled Screen Printing in South Philadelphia. He hopes to pass business to his sons one day.
Classic Cake Bakery in Cherry Hill is back Wednesday with a grand opening four years after an electrical fire destroyed the business.
Most regional grocery stores in the Philadelphia region are open on Memorial Day but may have reduced hours. Here's what to know.
So far, it's been very summer-like for the weekend. This is an important weekend for businesses in town but also for families making priceless memories.
Detour ahead! The Ben Franklin Bridge will be closed on Sunday morning for the American Cancer Society Bike-A-Thon. Here's what you need to know.
A woman struck four New Jersey American Water workers on Wednesday, including one fatally, on the White Horse Pike in Magnolia, Camden County, police said.
Downingtown neighbors are counting down the days until Boot Road is fully reopened as their neighborhood has become a detour route for drivers.
The event will add more security after the State Department issued a worldwide alert warning about possible violence against the LGBTQ+ community.
A person accidentally fell on the tracks and was struck and killed by a train at around 3:30 p.m. at the Lombard-South Station Friday afternoon, SEPTA said.
Brandon McManus, a former kicker at Temple University and a Hatfield, Pennsylvania native, was released by the Washington Commanders on Sunday following sexual assault allegations.
Ranger Suárez, who entered Saturday's game tied for the major league lead with nine wins, left with a bruised left hand after he was drilled by a 106.1 mph line drive in the second inning.
Spencer Turnbull stepped in for injured starter Ranger Suárez and Bryce Harper homered to lead the Philadelphia Phillies to a 6-1 victory over the St. Louis Cardinals.
Camden County is offering a variety of free programs for seniors this summer, like lessons in golf, pickleball and bocce ball to uplift community members and keep them active.
Sosa homered, Bryce Harper doubled and singled and the Philadelphia Phillies beat the St. Louis Cardinals 4-2 for their seventh consecutive win at home.
It's a Philly tradition and music lovers could not have asked for better weather on Saturday for the Roots Picnic. The festival is more than just entertainment.
Festival organizers held the 2nd Annual Roots Picnic Con to discuss important topics like financial literacy, music education and gun violence at the Fillmore on Friday ahead of the weekend festival.
To help usher in the beginning of Pride month, The Philadelphia Gay News is attempting to set a Guinness Book World Record for hosting the largest drag story time reading on Saturday morning.
Jennifer Lopez was set to embark on a 30+ city tour to promote her new album "This is Me…Now," which dropped in February.
If you're looking to celebrate Pride month this weekend in Philadelphia, catch the iconic Roots Picnic at Fairmount Park or head to South Philly for a Phillies game or Upper Deck Golf, you've come to the right place.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Meet 13-year-old Daphne Todas, a real-life karate kid from Mount Bethel, Pennsylvania, helping change the face of power sports like martial arts.
Cherron Reynolds is Camden High School's only junior chef, and he has big dreams of becoming a master while teaching others.
At Global Leadership Academy Southwest, students set out on learning excursions because the charter school leadership believes the best learning happens outside the classroom.
ASAP is holding a free-week long program that will teach girls in Philadelphia schools how to play chess.
Great Valley High School senior Lucca Ruggieri is already working his dream job: campaign manager for Republican Neil Young's run at Pennsylvania's 6th Congressional District.
Ten teenagers and two adults were arrested after multiple fights broke out at the Gloucester Township Day celebration Saturday night in New Jersey, police said.
Tammie Souza has the latest weather forecast for the Philadelphia area.
A brand-new community garden is now open for anyone in need in Delaware County, Pennsylvania.
Thousands gathered in Philadelphia Sunday for the 2024 Philadelphia Pride March and Festival. The largest progress rainbow Pride flag in America filled the street.
Thousands of cyclists put their pedals to the pavement Sunday for the 52nd annual Bike-A-Thon, benefiting the American Cancer Society. The riders, many of whom are cancer survivors themselves, left Philadelphia for the Jersey Shore around 6:30 a.m. CBS News Philadelphia's Ross DiMattei was there as the first cyclists made their way over the Ben Franklin Bridge.