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.
An Allegheny County man is facing several child pornography charges after a cyber tip led to his arrest.
Just when Pittsburgh thought it was going to get a break from the snow, more is on the way, and so is the rush for salt.
One person was killed after an 18-vehicle pileup on Interstate 79 in Butler County.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Snow chances, including squalls and accumulating snow, are returning to western Pennsylvania on Friday.
An Allegheny County man is facing several child pornography charges after a cyber tip led to his arrest.
Just when Pittsburgh thought it was going to get a break from the snow, more is on the way, and so is the rush for salt.
One person was killed after an 18-vehicle pileup on Interstate 79 in Butler County.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Snow chances, including squalls and accumulating snow, are returning to western Pennsylvania on Friday.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
The bipartisan "Bell-to-Bell" bill bars students from using their phones any time they're in school, not just during instructional periods.
It was only a few months ago that Pennsylvania passed the 2025 budget several months late, and now the process begins for this year.
Pennsylvania Gov. Shapiro delivered his fourth budget address at the State Capitol in Harrisburg, three months after last year's budget was passed by state lawmakers.
A federal judge on Monday blocked the Trump administration from revoking Temporary Protected Status for Haitians, granting a last-minute reprieve to 350,000 immigrants who were set to lose protections on Tuesday.
A woman and her husband are fighting for a $400 refund after they bought furniture from a Value City Furniture store.
It's the end of an era for a grocery store in Carrick.
A Pennsylvania couple says Kia wrongly denied a warranty claim after their car's engine failed at 80,000 miles.
Scams targeting utility customers are on the rise in Pennsylvania, the attorney general says.
A handful of Pittsburgh-area Value City Furniture stores are going out of business after their parent company filed for bankruptcy.
Daisy takes us live to learn more about 100.7 Star's Best Pizza in Pittsburgh competition.
We’re hearing from some of you! How did you meet? What is your love story?
Daisy shows us how to see our closet in a different way.
Some local pups will be in the game this year, and we’re meeting one from Animal Friends!
The band has a Pittsburgh connection, and we’re getting a performance live in the studio!
Residents of Millvale are trying to get back to normal after last weekend's major snowstorm.
Tracing the past of Shane Hennen and how his troubled life in Pittsburgh pointed to his future downfall.
People in Avella, Washington County, say they have no phone coverage.
Residents and leaders in Charleroi are concerned about the integrity of roads after a trench collapse last year and ongoing construction.
Patrick Vereb is accused of taking money from pet owners who believed their animals would receive dignified cremations.
Doctors said the drugs can help people lose unwanted pounds while retaining muscle.
Southwestern Pennsylvania's cold and snowy winter is taking its toll on more than just our roadways and walkways.
The Liberty-Clairton area is under a code orange air quality action day, according to the Pa. Dept. of Environmental Protection.
The cold weather and lingering snow affect more than just the roads and our cars, it affects our brains.
After the historic snowfall, dangerously low temperatures crept into the Pittsburgh region, bringing a hidden danger that can turn painful in seconds.
A person familiar with the negotiations tells The Associated Press that pitcher José Urquidy and the Pittsburgh Pirates have agreed to a $1.5 million, one-year contract.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
Wide receiver Larry Fitzgerald headlines the five-player 2026 Pro Football Hall of Fame class.
The Pittsburgh Penguins beat the Buffalo Sabres 5-2 on Thursday night in the final game for both teams before the Olympic break.
Brian Angelichio has spent the last four seasons as the passing game coordinator and tight ends coach for the Minnesota Vikings.
More than 140 employees at Nemacolin were informed they were being let go.
It's been about six years since the pandemic, and a lot of people working from home, but now companies are slowly calling them back to the office.
Pittsburgh Mayor Corey O'Connor on Tuesday announced a new initiative aimed at revitalizing neighborhood business districts across the city.
A handful of Pittsburgh-area Value City Furniture stores are going out of business after their parent company filed for bankruptcy.
It has been five years since the home improvement retailer Menards bought a large parcel of land off Route 30 in Westmoreland County.
Filming for the final season of "Mayor of Kingstown" is expected to take place between March and June.
Many Super Bowl 60 ads are already online, along with teasers for commercials that will be unveiled during the NFL championship on Feb. 8.
"Stick Season" singer Noah Kahan is coming to Pittsburgh this summer.
Music's biggest night returned Sunday with the 68th annual Grammy Awards. Here is how to watch and stream and what to know.
Catherine O'Hara was best known for her comic performances in projects including "Home Alone," "Beetlejuice," and "Schitt's Creek."
Get the latest weather updates with meteorologist Ron Smiley’s forecast!
As Pittsburgh continues to get hit with snowy weather, the consumer rush for salt is underway once again. KDKA's Jessica Riley visited on hardware store to see how the rush is going.
Wendy Graff spoke with KDKA-TV's John Shumway about what led to the crash on I-79 on Friday morning.
State police said that multiple crashes on I-79 in Butler County involved at least 18 vehicles and one person is dead.
Daisy takes us live to learn more about 100.7 Star's Best Pizza in Pittsburgh competition.
Mike Tomlin stepped down as head coach of the Pittsburgh Steelers after 19 seasons with the team.
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.
