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.
Ryan O'Hearn homered twice and drove in four runs to lead the Pittsburgh Pirates to a 9-4 victory over the Cincinnati Reds.
An active investigation is underway in Gilpin Township, Armstrong County, according to the Southern Armstrong Regional Police Department.
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Sunday will have isolated rain and storm chances before a six-day heat wave moves into the area.
Two men were pronounced dead at the scene of a single-vehicle crash on the turnpike in Westmoreland County.
Ryan O'Hearn homered twice and drove in four runs to lead the Pittsburgh Pirates to a 9-4 victory over the Cincinnati Reds.
Allegheny County officials have issued a code red heat advisory in anticipation of extremely high temperatures this week.
Two juveniles are faceing multiple charges in connection with a massive fire that destroyed several properties in Allentown Wednesday night, officials say.
The AR/VR studio will allow anchors, meteorologists, and reporters to interact with immersive virtual reality technology and graphics in real time.
Here are the Pittsburgh Penguins' pick results from each round of the 2026 NHL draft.
Bolton agreed to pay a $2.25 million fine, pleading guilty to one count of retaining classified national security information.
The debate over caring for those who serve our country has reached a peak in Washington, D.C., with leaders from our area playing a major role.
President Trump took the stage at the Mack Trucks plant in Pennsylvania on Tuesday, rallying in front of hundreds of supporters in a wide-ranging campaign-style speech.
A Pittsburgh councilman is tossing around the idea of taxing "skill games."
A Democratic push is underway in Harrisburg to redefine how immigration enforcement operates in Pennsylvania, though it is facing significant opposition.
Imagine finding out the home you own is no longer yours, even though you weren't behind on your mortgage or selling it.
Schewbel's is closing after 120 years, meaning Giant Eagle will have to find a new bakery to make its branded bread.
Schwebel's, which sells bread at grocery stores across western Pennsylvania, is closing after 120 years.
A Pennsylvania state lawmaker is proposing giving taxpayers $250 to celebrate America's birthday.
Buc-ee's plans to open another store in Ohio, bringing its gas station, convenience store and smiling buck-toothed beaver mascot closer to the Pennsylvania stateline.
Take a look at where Pittsburgh cyclist Jeff Koontz is on his 12-day journey from Oceanside, California, to Atlantic City, New Jersey, all in support of the KDKA Turkey Fund.
This week’s waiting child is fusing creativity with a passion for welding, so we took her somewhere she can really turn up the heat and shape some steel.
Jon Bindley from Pittsburgh Honky Tonk brings us music, spirit, and fun for everyone in anticipation of his upcoming event.
Chef Vince from Burgatory brings us some of their new signature menu items, including milkshakes, cocktails, and, of course, burgers.
Daisy Jade takes us through part of the Pittsburgh Film Trails Tour with the Pittsburgh Film Office, showing off some of the most iconic Pittsburgh film locations.
A Westmoreland County woman is demanding answers after she said a broken pipe flooded her apartment in Rostraver Township.
The school board in McKeesport has called a special meeting on Wednesday to decide the future of its football coaching staff.
Delta-8 is unregulated and untested, and more and more users are paying the price.
A family in Whitehall says nearly 30 years after a freak accident changed their lives forever, they are looking for help.
Many families with children attending schools in the Catholic Diocese of Pittsburgh said they are trying to figure out the logic behind their upcoming tuition bills.
Representatives from UPMC and Allegheny County Public Safety held a demonstration to encourage firework safety in Pittsburgh.
When you hear you're diagnosed with cancer, it can be overwhelming. It can leave questions, anger and a feeling of seclusion.
Allegheny County health officials said babies who have died from sudden unexpected infant death have more than doubled since 2000.
Lone star ticks have been found in Franklin and Erie counties in Pennsylvania.
Pittsburgh, with its natural beauty and parks, can be a great place for people to put the phones down and enjoy life.
Ryan O'Hearn homered twice and drove in four runs to lead the Pittsburgh Pirates to a 9-4 victory over the Cincinnati Reds.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
Eugenio Suárez hit a three-run homer with two outs in the ninth inning that rallied the Cincinnati Reds to a 9-7 victory over the Pittsburgh Pirates.
Pinch-hitter Noelvi Marte hit a tiebreaking, two-run homer in the eighth inning after Cincinnati scored four runs off Paul Skenes in the second, and the Reds beat the Pittsburgh Pirates 6-4.
The Toronto Maple Leafs selected Penn State forward Gavin McKenna with the No. 1 NHL draft pick.
Schewbel's is closing after 120 years, meaning Giant Eagle will have to find a new bakery to make its branded bread.
A federal judge has extended his block on enforcement of an Ohio law that would require children under 16 to get parental consent to use social media apps while a legal challenge proceeds.
Schwebel's, which sells bread at grocery stores across western Pennsylvania, is closing after 120 years.
Pittsburgh City Council has approved new legislation that would put new restrictions on vape shops.
Buc-ee's plans to open another store in Ohio, bringing its gas station, convenience store and smiling buck-toothed beaver mascot closer to the Pennsylvania stateline.
Anthrocon 2026, dubbed "Critters, Cryptids and Curses," will return to the David L. Lawrence Convention Center.
Road closures will be in place ahead of the America250PA concert at Point State Park on Saturday, June 27.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Pittsburgh's South Side Street Fest is officially underway, aiming to create a safer and welcoming South Side.
Luke Skywalker's lightsaber from the "Star Wars" sequel "The Empire Strikes Back" is expected to sell for at least $1 million at an upcoming auction.
Stay on top of local weather with First Alert Meteorologist Trey Fulbright's forecast!
Watch as teams from Central Catholic, Riverview, and West Shamokin high schools compete on this edition of KD Quiz!
Watch as teams from Central Catholic, Riverview, and West Shamokin high schools compete on this edition of KD Quiz!
Watch as teams from Central Catholic, Riverview, and West Shamokin high schools compete on this edition of KD Quiz!
Watch as teams from Central Catholic, Riverview, and West Shamokin high schools compete on this edition of KD Quiz!
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.
