Economic growth remains solid, shrugging off recession fears
U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
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U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
The House vote to impose a contract brokered by the White House but rejected by some workers was 290 to 137.
"Prices will be higher, and we will see flights sell out for both holidays," one travel pro said.
Stacy Smith and his panel of experts share their opinions on investing in the latest stock market trends.
Stacy Smith and his panel of experts share their opinions on investing in the latest stock market trends.
Stacy Smith and his panel of experts share their opinions on investing in the latest stock market trends.
Stacy Smith and his panel of experts share their opinions on investing in the latest stock market trends.
A new government report shows Americans are spending beyond their means.
The Bureau of Labor Statistics released its quarterly index, showing wages have increased but they're not keeping up with inflation.
The Bureau of Economic Analysis released its latest index. The index measures prices paid by consumers for goods and services. It showed consumer spending increased over a half percent from August to September while savings fell and incomes only grew 0.4%.
Some housing analysts expect interest rates for conventional home loans to hit double digits by early next year.
For the first time in a decade, seniors will pay less next year on monthly premiums for Medicare's Part B plan.
But a stock market slump and rising borrowing costs could dim Americans' economic outlook, Wall Street analysts said.
A new CBS News Battleground Tracker poll is diving deeper into the heated races coming up in the midterm elections.
Inflation eased last month as energy prices tumbled, according to a report closely watched by the Federal Reserve.
A growing number of Americans say they're done going the extra mile for their employers. Some experts call that progress.
Retailer's profits plunge after it slashes prices to clear unwanted inventories of clothing, home goods and other items.
CBS News Business Analyst Jill Schlesinger discusses the economy, the possibility of a recession and what the would mean for you.
The Federal Reserve, as expected, announced it is raising interest rates by three-quarters of a percentage point to help tamp down inflation. CBS News' Tanya Rivero and Christina Ruffini get analysis of the economic and political impact from Ted Rossman, senior industry analyst at Bankrate.com; CBS News political correspondent Caitlin Huey-Burns; and Michelle Singletary, Washington Post personal finance columnist.
The rise in the federal funds rate, which is what banks charge each other for overnight loans, comes as several significant pieces of economic data are released this week.
If we are headed for a recession, here's what you need to know to protect your pocketbook.
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
Stacy Smith and our panel of experts discuss real estate and investing in your own home in this weeks Around The Table
Stacy Smith and a group of political analysts suggest investing tips in the current stock market.
When the Professional Bull Riders return to Pittsburgh on Valentine's Day, eight couples will be married by the Steelers' legend.
The scattered snow showers continue on Thursday, with more expected this weekend.
Here is a list of school closings and delays for the Pittsburgh area for Thursday, Dec. 11, 2025.
Letresse Williams, 35, was found guilty of murder, robbery, and weapons charges in the deadly shooting of Anthone Williams.
A man charged in connection with a home invasion in Pittsburgh is linked to other crimes across Allegheny County, police say.
When the Professional Bull Riders return to Pittsburgh on Valentine's Day, eight couples will be married by the Steelers' legend.
The scattered snow showers continue on Thursday, with more expected this weekend.
Here is a list of school closings and delays for the Pittsburgh area for Thursday, Dec. 11, 2025.
Letresse Williams, 35, was found guilty of murder, robbery, and weapons charges in the deadly shooting of Anthone Williams.
A man charged in connection with a home invasion in Pittsburgh is linked to other crimes across Allegheny County, police say.
President Trump said the U.S. has seized an oil tanker, which Attorney General Pam Bondi said has been "used to transport sanctioned oil from Venezuela and Iran."
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
The Trump administration is proposing to ask visitors from countries with visa-free travel to the U.S. to submit five years of their social media history before they can enter.
A federal judge in New York has granted a request from the Justice Department to unseal more files related to convicted sex offender Jeffrey Epstein.
The Pennsylvania Senate Education Committee voted unanimously on Tuesday to advance a bill to make all schools phone-free in the state.
The new Horizon Market in New Kensington opened its doors at 4 p.m. on Wednesday.
Dollar General will pay Pennsylvania more than $1 million after the attorney general said the company overcharged customers.
Federal funding will finally be available to thousands of families in Pennsylvania to help pay their heating bills.
Electric prices in Pennsylvania are going up next month.
Saturday's grand opening included live music, food, and a meet-and-greet with Lego Master Krist Kay.
Pittsburgh Magazine's Sean Collier is back like he is every Thursday to give you all the happenings around town this weekend!
Daisy Jade takes us on a tour of Wild Illuminations: A Holiday Lantern Experience at Pittsburgh Zoo & Aquarium
For two festive weekends, shoppers can pick up gifts made by locally-owned black businesses. Even Producer, Shayla Hawkins shows off some of the creations.
David and Maud Piquared from Gaby et Jules show off their beautiful displays of macarons and mousse pastries
Kidsburgh Ambassador Yu-ling Behr breaks down some of the unexpected, holiday family events happening in and around the city.
Veterans are outraged after learning about damage done to gravesites at a cemetery in Fayette County.
Artificial intelligence is watching where people park in Pittsburgh.
Drivers who were convicted of infractions years ago are being told to surrender their licenses or file costly appeals because Allegheny County never processed the paperwork.
For most students, the most dangerous part of their day is going to and from school.
Shopping malls are under threat from online shopping and disappearing customers, and many are facing the wrecking ball.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
A CDC vaccine panel voted to stop recommending the birth dose of the hepatitis B vaccine.
Western Pennsylvania counties are seeing vaccination rates fall among school-aged children.
The discussion happens every year: shoveling snow can lead to heart attacks, and one AHN cardiologist explains why it's a risk.
A little boy from Delaware County is getting his once-in-a-lifetime wish, just in time for the holidays.
When the Professional Bull Riders return to Pittsburgh on Valentine's Day, eight couples will be married by the Steelers' legend.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
Many Pittsburgh Penguins players spent the morning at UPMC Pittsburgh's Children's Hospital.
The Anaheim Ducks have their fifth win in seven games thanks to the heroics of Beckett Sennecke.
The Pittsburgh Pirates are reportedly signing reliever Gregory Soto to a one-year deal.
Members of the Newspaper Guild of Pittsburgh voted last week to end their three-year-long walkout.
Norfolk Southern railroad worked with the state of Ohio and Youngstown State University to revive plans for a $20 million first responder training center near the site of the worst derailment in a decade in East Palestine, Ohio.
A report on the future of water in central Ohio warns that industrial demands for water will skyrocket at the same time experts expect farmers will need to regularly irrigate their fields.
The U.S. Department of Energy says it's loaning $1 billion to help finance the restart of the nuclear power plant on Pennsylvania's Three Mile Island.
A new Barnes & Noble is coming to Pittsburgh.
"The Pitt," the popular Pittsburgh-set medical drama starring Noah Wyle, received two nominations for the Golden Globes.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
The nominations for the 2026 Golden Globes have been announced. Here are the nominees.
President Trump is hosting the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Vanessa Hudgens and former Pittsburgh Pirates player Cole Tucker welcomed their second child.
Pittsburgh Magazine's Sean Collier is back like he is every Thursday to give you all the happenings around town this weekend!
Daisy Jade takes us on a tour of Wild Illuminations: A Holiday Lantern Experience at Pittsburgh Zoo & Aquarium
For two festive weekends, shoppers can pick up gifts made by locally-owned black businesses. Even Producer, Shayla Hawkins shows off some of the creations.
David and Maud Piquared from Gaby et Jules show off their beautiful displays of macarons and mousse pastries
Kidsburgh Ambassador Yu-ling Behr breaks down some of the unexpected, holiday family events happening in and around the city.
Pitt's regular season has ended with an 8-4 record.
Pitt's five-game winning streak came to an end with a 37-15 loss to Notre Dame.
Mason Heintschel set a new Pitt freshman single-game passing record in the Pitt win at Acrisure Stadium.
The 44th annual KDKA-TV Turkey Fund will help our neighbors in need have a nice meal for Thanksgiving.
West Virginia scored a late touchdown to tie the game and then beat Pitt in overtime to win the 108th Backyard Brawl.