Federal Reserve hikes key interest rate by another 75 basis points
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.
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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.
"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.
Police were alerted to an incident along Herminie West Newton Road in West Newton around 9:30 a.m. Sunday.
Esmerlyn Valdez and Jared Triolo homered, Brandon Lowe added an RBI single and the Pittsburgh Pirates beat the St. Louis Cardinals 5-4 on Sunday.
Pittsburgh Public Schools will temporarily shift to remote learning at 35 school buildings this week due to projected high temperatures.
The three-time NFL Defensive Player of the Year previously retired from the team in 2023 after 10 seasons.
Service dogs provided by Life Changing Service Dogs for Veterans are helping veterans throughout the region heal.
Police were alerted to an incident along Herminie West Newton Road in West Newton around 9:30 a.m. Sunday.
Esmerlyn Valdez and Jared Triolo homered, Brandon Lowe added an RBI single and the Pittsburgh Pirates beat the St. Louis Cardinals 5-4 on Sunday.
Business Insider has recognized Shady Maple Smorgasbord as the most "iconic" breakfast restaurant in Pennsylvania.
Pittsburgh Public Schools will temporarily shift to remote learning at 35 school buildings this week due to projected high temperatures.
The three-time NFL Defensive Player of the Year previously retired from the team in 2023 after 10 seasons.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
A federal judge on Tuesday temporarily blocked enforcement of an Ohio requirement that voters show proof of citizenship when registering to vote at a motor vehicle bureau
Data centers have become the hottest issue in political races across the country, including Pennsylvania's race for governor.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
Veteran organizations and businesses are asking state legislators to pass a bill allowing them to keep their so-called "skill-game" machines.
A new report tries to calculate how much Pennsylvanians need to earn to live what's considered a comfortable lifestyle.
The store is expected to open sometime next year.
Buffalo Township police are warning about scammers after investigating several cases where residents have fallen victim.
On Tuesday, Pennsylvania took a major step in the fight against the negative impacts of social media, particularly on children.
While the importance of the family support system is timeless, a new study found it creates financial stressors for all involved.
We take a look back at the best moments from the week that was on Pittsburgh Today Live!
Daisy Jade is going inside one of the most unique homes in the Pittsburgh area - the Bloomfield Blue Pearl!
If you're looking to celebrate all things bacon, the South Side is the place for you this weekend when the second annual BaconBurgh returns!
PTL's Robby Incmikoski comes to us live from the Hollywood Casino at the Meadows to show us the Corks & Kegs Festival!
Every actor has that one role they hope will change everything; for Greene County native Maximus Virgili, the new movie American Summer could be just that!
Police public safety services are being questioned in Forward Township.
An attempt to regulate Pennsylvania's pet cremation industry just hit a wall.
A family in Wall Borough, Allegheny County, said repeated flooding has forced them to abandon their home's first floor.
A downed power line turned a Kittanning family's front yard into a dangerous scene.
More than 300 Pittsburgh Public Schools buses are equipped with AI-enabled Bus Patrol cameras.
Pennsylvania health officials say two people who had measles died in the state, but Health Secretary Robert F. Kennedy Jr. is questioning that.
UPMC is taking another step to help Pittsburgh's first responders better protect our community.
For the first time since 1991, Pennsylvania has recorded its first two deaths connected to measles.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
Injuries are a part of many sports, and UPMC is trying to help high school athletes get back to the games they love.
Esmerlyn Valdez and Jared Triolo homered, Brandon Lowe added an RBI single and the Pittsburgh Pirates beat the St. Louis Cardinals 5-4 on Sunday.
The three-time NFL Defensive Player of the Year previously retired from the team in 2023 after 10 seasons.
The Pittsburgh Steelers have traded offensive lineman Broderick Jones to the Dallas Cowboys, according to reports.
Rafael Flores Jr. hit a three-run home run and Brandon Lowe added a solo shot to lift the Pirates to a 6-2 victory over the Cardinals.
Jimmy Crooks hit a two-run homer to lead the St. Louis Cardinals to a 4-1 victory over the Pittsburgh Pirates.
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.
The international fashion retailer Zara will open a location in Ross Park Mall in 2028, as the mall continues to thrive.
Some Bloomfield business owners paint a nuanced picture of how the annual Little Italy Days festival impacts them, saying that while they don't dislike the festival, they do make less money than they normally would.
The store is expected to open sometime next year.
A show coming to The Palace Theatre in Greensburg looks to pay tribute to Dolly Parton.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Pittsburghers are remembering Dolly Parton as "one of a kind" following her death on Tuesday.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
Bret Michaels is taking a break from touring to recover from recent surgeries.
Video captured by KDKA-TV shows Jakob Michael Korber surrendering to police. Korber was wanted after Pennsylvania State Police said he killed his mother inside a home before fleeing the residence.
Pennsylvania State Police are searching for a man who, they say, killed his mother inside a Westmoreland County home on Sunday morning before fleeing the residence. KDKA-TV's Ricky Sayer reports.
Service dogs provided by Life Changing Service Dogs for Veterans are helping veterans throughout the region heal. Megan Shinn shares their work in the KD Sunday Spotlight.
A 44-year-old man was arrested on Saturday after allegedly groping two female Pitt students.
Stay on top of local weather with meteorologist Mary Ours’s forecast!
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.
