Fed hikes key interest rate 0.75 percentage points as it battles inflation
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
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"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Many people now want the flexibility so employers find themselves at the crossroads.
The annual inflation rate hit 7.5 percent in January, the highest in forty years, and it's having consequences on grocery store shelves.
The inflation rate grew in January, up to 7.5 percent over the last year.
The IRS says it sent out another 2.3 million stimulus payments this week.
WalletHub ranks Pennsylvania as the third-worst state for jobs.
Pennsylvania's unemployment rate was stable in February, as the labor force and payrolls both grew as they creep back toward pre-pandemic levels, according to state figures released Friday.
KDKA's Stacy Smith takes a look at the economic challenges that will confront Joe Biden.
For the second time in less than two weeks, Gov. Tom Wolf and Lt. Gov. John Fetterman are pushing for the legalization of recreational marijuana.
The Pennsylvania Municipal League is talking about the economic effects the coronavirus pandemic has on the state's municipalities.
Restaurants continue to struggle and now they are banding together to ask for financial help from lawmakers in Harrisburg.
When it comes to state economies with the most racial equality, a study ranks Pennsylvania near the bottom of the list.
Vice President Mike Pence is set to visit the Pittsburgh area.
Come Friday, when most of the region moves into the "Yellow Phase" of COVID-19 recovery, stores like Dick's Sporting Goods can welcome customers back inside.
Amazon and Netflix continue to do well as coronavirus isolates people in their homes, but many other companies have benefited or may soon.
Some Pittsburghers are apprehensive about the economy reopening right now amid the coronavirus pandemic.
Pennsylvania's economy is one of the most vulnerable to coronavirus, according to a study.
Inside Politics with KDKA's Jon Delano.
In the wake of the coronavirus scare, folks are hunkering down at home -- and that means tough times for restaurants like the Carlton, downtown.
A new study finds that the opioid crisis cost the U.S. economy $631 billion over the past four years.
Residents of Economy plan to protest shale gas drilling in the area.
Economy residents are against a drilling company that is threatening to move in.
The stock market has been a bit like the Phantom's Revenge roller coaster at Kennywood this year.
No election happens in a vacuum.
President Donald Trump is praising new economic data released Friday, saying the U.S. is the "economic envy of the entire world."
High temperatures will be in the 40s for the Pittsburgh area by tomorrow.
Crosby served as captain for Team Canada in 2014 when NHL players last participated in the Olympics.
Rodgers spent last year with the Pittsburgh Steelers for his 21st NFL season.
The shooting happened along Jane Street early Sunday morning.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
High temperatures will be in the 40s for the Pittsburgh area by tomorrow.
A list of school closings and delays for the Pittsburgh area on Monday, Feb. 9.
Crosby served as captain for Team Canada in 2014 when NHL players last participated in the Olympics.
Rodgers spent last year with the Pittsburgh Steelers for his 21st NFL season.
The shooting happened along Jane Street early Sunday morning.
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.
Pennsylvania American Water said that a first round of testing came back negative and an update can be expected late Monday morning.
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.
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.
Pennsylvania American Water said that a first round of testing came back negative and an update can be expected late Monday morning.
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.
Crosby served as captain for Team Canada in 2014 when NHL players last participated in the Olympics.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
Rodgers spent last year with the Pittsburgh Steelers for his 21st NFL season.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
The Seattle Seahawks defeated the New England Patriots Sunday to win the 2026 Super Bowl.
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.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny took the stage at halftime for the 2026 Super Bowl. Here's who else performed at Super Bowl 60.
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.
Customers in Washington and Allegheny counties remain under a boil water advisory stemming from a massive water main break in Elrama on Friday night.
Get the latest weather forecast from KDKA-TV First Alert Meteorologist Ron Smiley!
"Today" show co-anchor Savannah Guthrie and her family face a deadline Monday that was made in a ransom letter in connection to the disappearance of their mother, Nancy Guthrie.
Watch as Jason Mackey, Mike DeCourcy, and Andrew Fillipponi join KDKA-TV's Bob Pompeani for another round of sound on this edition of the #1 Cochran Sports Showdown!
KDKA-TV's Bob Pompeani discusses the sports topics of the day.
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.
