Personal spending rises as Americans continue to battle inflation
Despite sky-high inflation, Americans are spending big on things like vacations and cars.
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Despite sky-high inflation, Americans are spending big on things like vacations and cars.
Growth was slower and inflation higher at the end of 2022 than the government initially estimated.
The home-improvement store said it is investing $1 billion in pay raises for its employees.
1 in 4 parents has had to quit a job because of child care problems, according to the study.
Americans want compromise. The prospect of default impacts views.
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.
Kickoff between the Patriots and Steelers today is set for 1 p.m. at Gillette Stadium in Foxboro, Massachusetts. Here's how to watch.
Parents, nurses, and others gathered in Swissvale on Saturday morning in support of the county's paid parental leave proposal.
51-year-old Dr. Mark Cantrell was among the Americans who died in the catastrophic flooding in Nepal earlier this year.
Rocco Becht threw for 212 yards with two touchdowns, Koby Howard scored twice and No. 14 Penn State cruised past Buffalo 55-13.
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
Kickoff between the Patriots and Steelers today is set for 1 p.m. at Gillette Stadium in Foxboro, Massachusetts. Here's how to watch.
A West Virginia woman is facing charges after investigators said she left her husband on the toilet for 19 hours, leading to his death.
A casting call is out for paid background actors when the medical drama "The Pitt" comes back to Pittsburgh to film its third season.
Parents, nurses, and others gathered in Swissvale on Saturday morning in support of the county's paid parental leave proposal.
51-year-old Dr. Mark Cantrell was among the Americans who died in the catastrophic flooding in Nepal earlier this year.
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
The Department of Justice announced it reached agreements with UPMC to end pediatric gender-affirming care.
A federal appeals court ruled Friday that U.S. immigration officials must offer detainees "a meaningful opportunity to contest" any deportation to countries where they have no ties.
The push for paid parental leave continues in Allegheny County, but with some major changes.
Sen. John Fetterman's surprise video introducing Sen. Dave McCormick at the Republican Party's midterm convention sparked a strong reaction from Democrats. KDKA political analyst Jon Delano breaks it down.
The program will provide relief for customers who pay their bills on time for two years.
The announcement was touted as a way that could change the way western Pennsylvania addresses energy.
With 100 days to go until Christmas and goods getting more expensive, here's what shoppers should know about holiday buying.
The wait for medical imaging keeps getting longer, leaving some people fraught with anxiety.
It seems like each week we get a new story or warning about a scam over the phone or on the internet. Here's how you can avoid them.
We are honored to have Jim Balouris, Executive VP & Market Manager for PNC and Charlese McKinney, Interim CEO & Chief Program Officer with Greater Pittsburgh Community Food Bank, here with us today!
It's a special performance! The debut of a song written by PTL's Maria DeBone and performed by PTL producer Teddy Stevenson! After all, we are neighbors every day!
As part of the 5th annual PTL KDKA Turkey Fund Kickoff Show, celebrating 45 years of the KDKA Turkey Fund, six amazing partners and friends donated some prizes for lucky members in the live audience!
Auctioneer Roger Croll from Croll's Mills Auction Services returns to PTL, and he helps us with bidding on a live painting from Kati Schoeb, lunch with Dr. Lori, a PTL experience, and Pittsburgh Steelers tickets with on-field access!
It's a special edition of our weekly game, "What's It Worth?" Dr. Lori joined us on stage to appraise three items belonging to Mikey, Ron, and Daisy!
A Hempfield family's home has become known as the "crash house" because drivers leave the highway and come crashing into it.
The wait for medical imaging keeps getting longer, leaving some people fraught with anxiety.
The Steel City Youth Football League announced disciplinary action following video that captured an on-field brawl.
Misdemeanor and summary charges have been filed against the coaches involved in a youth football brawl in Pittsburgh.
Police departments all around the country say surveillance technologies like cameras, drones, and license plate readers have proved invaluable in tracking and arresting violent criminals.
With costs rising just about everywhere and in everything, Highmark Wholecare's free farmers' markets are providing relief.
The goal was to simulate an emergency situation that would push the limits of the hospital and health care network.
The push for paid parental leave continues in Allegheny County, but with some major changes.
An 18-year-old from Mifflin County has died from measles-related complications, Pennsylvania health officials said.
The wait for medical imaging keeps getting longer, leaving some people fraught with anxiety.
Kickoff between the Patriots and Steelers today is set for 1 p.m. at Gillette Stadium in Foxboro, Massachusetts. Here's how to watch.
Rocco Becht threw for 212 yards with two touchdowns, Koby Howard scored twice and No. 14 Penn State cruised past Buffalo 55-13.
Rookie shortstop Konnor Griffin tied a season high with four hits and the Pittsburgh Pirates rallied past Kansas City 8-5.
A list of Ohio high school football scores for September 11, 2026.
A list of Pennsylvania high school football scores for September 18, 2026.
The top minds in AI and business are in Pittsburgh this week to discuss how cities can implement the technology.
Many small businesses are still feeling the impact of last week's severe weather.
Pittsburgh leaders and their partners are making a concerted effort to revitalize a North Side business district.
A federally funded Ohio manufacturing program faces potential shutdown after a new audit by the U.S. Department of Commerce's Office of Inspector General.
Gas station giant Buc-ee's has sparked a backlash in Ohio over one of its frequent trademark infringement lawsuits.
A casting call is out for paid background actors when the medical drama "The Pitt" comes back to Pittsburgh to film its third season.
Buffalo Bill's home will open this weekend for guided tours as the iconic horror movie turns 35.
The show has been canceled because of the muddy field conditions at 1846 Farms.
"The Pitt" won the Emmy award for outstanding drama series for a second year in a row.
Kenny Chesney will be joined on the tour by Eric Church, Sheryl Crow and Reylan James.
Stay on top of local weather with meteorologist Trey Fulbright’s forecast!
Workers, parents, and union members rallied this weekend to reaffirm their support for the county's paid parental leave proposal.
Dr. Mark Cantrell, a professor of public health at Duquesne University, was one of the Americans who were killed in the flooding and mudslides earlier this year in Nepal.
Watch as teams from Penn Trafford, Central Catholic, and Armstrong high schools compete on this edition of KD Quiz!
Watch as teams from Penn Trafford, Central Catholic, and Armstrong high schools compete on this edition of KD Quiz!
Saturday's game was delayed for more than one hour because of severe storms in the area.
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.
