Federal Reserve holds rates steady. Here's the financial impact.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
In its last rate decision of 2023, the central bank said it is holding its benchmark rate steady amid cooling inflation.
As Americans collected government aid and saved, new numbers show household wealth surged during the pandemic.
As Americans collected government aid and saved, new numbers show household wealth surged during the pandemic.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
House prices just ended a 10-year streak, marking the first monthly year-over-year price drop since 2012.
A new economic report could pressure the Federal Reserve to raise interest rates again.
The U.S. Census Bureau said retail sales surged 3% in January. That surpasses the 1.8% economists had estimated, and it follows a slight decline in December.
While the central bank is slowing its rate increases, Jerome Powell told investors not to expect lower rates this year.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
The Federal Reserve boosted interest rates again in a move to slow the inflation rate.
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.
If we are headed for a recession, here's what you need to know to protect your pocketbook.
If we are in fact headed for a recession, what are some things you can do to make sure you "recession-proof" yourself? KDKA's John Shumway has some advice.
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.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
The Fed could lift rates by 0.75-percent.
The expected 0.75-percent boost would be the biggest since 1994. KDKA's Lindsay Ward has the story.
It will be the largest rate hike in more than two decades, so why is the Federal Reserve making this move?
For the second time since 2018 the Federal Reserve is expected to hike interest rates. KDKA's Lindsay Ward has the details and how this will impact your wallet.
The Federal Reserve is working to mitigate the financial fallout from coronavirus and that includes lowering mortgage rates.
The U.S. Federal Reserve slashed its benchmark interest rate by a full percentage point in a response to the COVID-19 outbreak.
The 25-year-old was wanted for physically abusing a child less than six years old at an apartment in Indiana County.
The runners are on their marks, they're set, and Saturday starts the race!
Saturday will see some scattered showers with storms possible on Sunday.
Ryan McMahon homered into the Allegheny River, Cal Quantrill pitched into the eighth inning and the Colorado Rockies edged struggling Pittsburgh 3-2.
For Emily Hensel of Mars, her motivation is her 22-month-old son Henry.
The 25-year-old was wanted for physically abusing a child less than six years old at an apartment in Indiana County.
The runners are on their marks, they're set, and Saturday starts the race!
Saturday will see some scattered showers with storms possible on Sunday.
Ryan McMahon homered into the Allegheny River, Cal Quantrill pitched into the eighth inning and the Colorado Rockies edged struggling Pittsburgh 3-2.
For Emily Hensel of Mars, her motivation is her 22-month-old son Henry.
Judy O'Connor, the wife of late former Pittsburgh Mayor Bob O'Connor, has died, according to her family.
President Biden said "no," the National Guard should not intervene in the protests.
Pittsburgh budget shortfalls could soon impact anything from the pavement on your street to your tax bill.
The PA Cyber head says the bill will result in massive layoffs and cripple their operations.
The proposal would recognize the medical uses of cannabis and acknowledge it has less potential for abuse than some other drugs.
Live Nation's Concert Week sale starts on Wednesday.
Want to check the latest product recalls, click here!
Live Nation Concert Week starts Wednesday. With presales and fees usually associated with tickets, KDKA-TV's Chris Hoffman looked into what you should expect to find when you hit purchase.
Giant Eagle is ending a feature that lets people scan items with their phones at a handful of stores.
The summer fuel blend along with inspections and maintenance at refineries are partially to blame for the rising prices.
That's a wrap for this week on PTL! Here's a look back at some of the fun we had.
Book clubs are coming back into style! Hosts Heather and David are talking about what they read and the book club trend.
We're getting a preview of some of the fashions that will be a part of Pressley Ridge's Runway for Hope event, which raises money for a great cause.
PTL's Katie O'Malley heads to the SouthSide Works to get a preview of Cinco de Mayo weekend's TacoMania festival.
Over the last 20 years, Pittsburgh Today Live has hit the road plenty of times. From the Pittsburgh Home & Garden Show to Field Day to the Washington County Fair, here's a look back ahead of our 20th Anniversary Special.
The PA Cyber head says the bill will result in massive layoffs and cripple their operations.
The founder and former CEO of PA Cyber was sentenced to prison six years ago for funneling millions of taxpayer dollars into dummy corporations and his pockets.
Vince Fannick was charged with 117 counts of insurance fraud, theft by deception and unlawful talking.
Is the city of Pittsburgh about to fall off a fiscal cliff?
An untold number of 55-gallon drums containing radioactive waste are buried in shallow trenches on a site in Armstrong County.
The Monroeville location will be the seventh offered by AHN.
The U.S. Preventive Services Task Force now recommends women get a mammogram every other year starting when they turn 40 years old.
Plaintiffs have three months to vote on whether to approve a proposed legal settlement that would resolve nearly all talc lawsuits.
Methylene chloride, a toxic chemical, is linked to at least 88 deaths since 1980, federal regulators say.
Staying ahead of drug shortages is a constant battle for hospital pharmacists.
Ryan McMahon homered into the Allegheny River, Cal Quantrill pitched into the eighth inning and the Colorado Rockies edged struggling Pittsburgh 3-2.
This was Reirden's second stint with the Penguins.
Leave early and plan on being patient if you're going to be heading into the city this weekend.
Sophomore pitcher Zane Pacek is a big part of the Knoch baseball team. At 7 feet tall, he towers over teammates and opponents.
Harris can become a free agent at the end of the 2024 season.
Rue21, a mall staple for teen apparel, is going out of business and closing all 540 of its stores.
Nippon Steel says it has postponed the expected closing of its takeover of U.S. Steel by three months.
Insight Global will pay $2.7 million in a settlement after exposing 72,000 residents' private medical information.
Giant Eagle is ending a feature that lets people scan items with their phones at a handful of stores.
The Chadwick, a popular wedding venue in Wexford, has been sold to the Jim Shorkey Family Auto Group.
Live Nation's Concert Week sale starts on Wednesday.
Luke Bryan is bringing his Farm Tour to Westmoreland County this year.
The 16th Street Bridge will close multiple times throughout a two-week stretch for "Mayor of Kingstown" filming.
Kiki Wong got her first guitar from Costco at 13 years old. Now she's joining The Smashing Pumpkins.
Allegheny County revealed the lineup for its popular free summer concert series on Wednesday.
Saturday begins the running for the 2024 Pittsburgh Marathon and it all kicks off with the 5K and kids marathon. KDKA's Lauren Linder has a live look at the starting line!
Stay on top of local weather with meteorologist Mary Ours’s forecast!
KDKA-TV's Rich Walsh and KDKA Radio's Suzie Cool discuss the sports topics of the day.
Get the latest weather updates with First Alert Meteorologist Ray Petelin's forecast!
The Pittsburgh Marathon draws people from all over the world to the city every year.
We had a great time with the KDKA kids on both Pittsburgh Today Live and Talk Pittsburgh for Take Your Child to Work Day 2024!
Several businesses were damaged by the overnight fire.
Several areas across Pittsburgh flooded after setting another daily rain record.
From the path of totality in Erie to 97% coverage in Pittsburgh, Pennsylvanians experienced the rare solar eclipse on Monday, April 8, 2024.
Numerous areas saw rising floodwaters on Tuesday and Wednesday