Alan Greenspan, Fed chair under 4 U.S. presidents, dies at age 100
Alan Greenspan's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.
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Alan Greenspan's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
The Federal Reserve said it is cutting rates by 0.25 percentage points, its second rate cut of the year.
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
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, 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.
The Federal Reserve boosted interest rates again in a move to slow the inflation rate.
If we are headed for a recession, here's what you need to know to protect your pocketbook.
Timothy Quinn and Steven Menefee were killed in an explosion at the U.S. Steel Clairton plant one year ago.
The U.S. Chemical Safety Board has released its final report into the deadly explosion at U.S. Steel's Clairton Coke Plant, finding it was the result of multiple preventable safety issues.
Two adults are facing charges after a 3-year-old died from cocaine toxicity in Mercer County, Pennsylvania State Police announced on Monday.
A Pittsburgh-area museum is hosting a fundraiser this week to ensure that the early days of American history in our region remain preserved for years to come.
Four months after she was born, the Pittsburgh Zoo and Aquarium's lion cub made her public debut with her new name.
A local family is warning other dog owners about a potentially deadly fungal infection that took the life of their beloved German shepherd.
Two adults are facing charges after a 3-year-old died from cocaine toxicity in Mercer County, Pennsylvania State Police announced on Monday.
The Pennsylvania Department of Environmental Protection and the Sherwin-Williams Manufacturing Company entered into a consent order and agreement.
KDKA-TV Back-to-school 2026
Timothy Quinn and Steven Menefee were killed in an explosion at the U.S. Steel Clairton plant one year ago.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
The Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions during testimony before the committee last week.
Part of the state budget calls for $20 million to go to main street development in communities.
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
Dr. Anthony Fauci appeared before the Senate to testify on the origins of the COVID-19 pandemic but invoked his Fifth Amendment rights in answering all questions.
While the importance of the family support system is timeless, a new study found it creates financial stressors for all involved.
The store will be located at the North Hills Village shopping center along McKnight Road.
The number of people who are food insecure is rising, and experts have said that it is only going to get worse.
Just when it looked like relief was heading our way at the gas pump, prices could spike once again in Pittsburgh.
A Westmoreland County family said having a secret room is not as cool as it sounds, after finding a large void under their garage built by Ryan Homes
Bubba from 100.7 Star’s "The Bubba Show" brings us the latest celebrity news.
Check out the back-to-school resources available through Allegheny County’s public libraries.
The organizers of the Bona Fide Bellevue Rhythm and Brews festival are here to discuss this year’s festival.
No, they are not. They go head-to-head with this season’s KD Quiz winners!
GBU Life presents a big check to the winning school of the KD Quiz season!
The Pennsylvania Department of Environmental Protection and the Sherwin-Williams Manufacturing Company entered into a consent order and agreement.
A community in Butler County said repeated boil water advisories have them uneasy about their water quality.
An investigation into alleged theft at the North Versailles tax collector's office is underway.
Nearly five months into a major road construction project in Beaver County, several small business owners say they are struggling to keep customers coming through the door.
Opposition to a data center at the back end of an industrial park is growing among residents of Hanover Township, Washington County.
The Pennsylvania measles outbreak isn't slowing down, and one local doctor said Pittsburgh is not immune.
The countdown to the first day of school is on, and now is the time to start making some adjustments.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Doctors are finding they are faced with questions about health advice from social media, but they caution that you can't always trust what you find.
August 1 is PA Donor Day, a day to bring awareness to organ donation and the countless lives it can save.
Visit Pittsburgh said that the NFL draft brought a record 805,000 people to the city for the three-day event.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
The New York Mets routed the Pittsburgh Pirates 11-1 on Sunday afternoon.
Mark Kulbis is also facing misdemeanor counts of involuntary manslaughter and reckless endangerment in the death of Calvin "CJ" Dickey Jr.
Usually held on Friday to echo the high school football tradition, the Steelers moved the practice to Saturday this year in Latrobe.
Part of the state budget calls for $20 million to go to main street development in communities.
Amtrak is adding a second trip from Pittsburgh to New York later this year, officials said during a public board meeting.
Attention is brewing around a proposed variance for Bethel Bakery to expand its parking.
The organizers of a plan aimed at making Pittsburgh's South Side safer are standing by their efforts.
Data center projects are on municipal drawing boards across the Pittsburgh region, and public opposition is growing.
The popular vocal quintet Pentatonix is returning to Pittsburgh this holiday season.
Joe Manganiello says even when he spent 25 years living in Los Angeles, he always considered Pittsburgh home.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Dave Matthews stopped by a Pittsburgh restaurant before his show at Star Lake on Friday night.
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Stay on top of the weather in the Pittsburgh area with First Alert Meteorologist Ray Petelin's forecast!
A new report says U.S. Steel could have prevented last year's deadly explosion at its Clairton plant. KDKA's Ricky Sayer reports.
Two adults are facing charges after a 3-year-old died from cocaine toxicity in Mercer County, Pennsylvania State Police announced on Monday.
The Pennsylvania Department of Environmental Protection and the Sherwin-Williams Manufacturing Company entered into a consent order and agreement after the DEP found violations of the Air Pollution Control Act at the company's manufacturing plant in Rochester, Beaver County. KDKA's Jennifer Borrasso reports.
A teacher shortage continues to put pressure on school districts across the country and right here in Pennsylvania, where more than 80% of districts report a shortage of substitute teachers. We're learning about a creative approach that's helping schools, teachers and students.
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.
