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.
A list of Pennsylvania high school football scores for September 11, 2026.
A list of Ohio high school football scores for September 11, 2026.
On Sept. 11, 2001, the passengers and crew bravely decided to storm the cockpit of United Airlines Flight 93, preventing the terrorists who had taken control of the plane from flying it to Washington, D.C.
People gathered at the Flight 93 National Memorial to remember those who died 25 years ago while thwarting a terrorist attack.
An all-women drum major team is making history for the University of Pittsburgh marching band.
United Airlines Flight 93 crashed near Shanksville, Pennsylvania, during the terrorist attacks of Sept. 11, 2001.
People gathered at the Flight 93 National Memorial to remember those who died 25 years ago while thwarting a terrorist attack.
While many had never heard of Shanksville before Sept. 11, 2001, 25 years later, their acts of service remain.
On Sept. 11, 2001, the passengers and crew bravely decided to storm the cockpit of United Airlines Flight 93, preventing the terrorists who had taken control of the plane from flying it to Washington, D.C.
A list of Pennsylvania high school football scores for September 11, 2026.
Sen. John Fetterman's surprise video introducing Sen. Dave McCormick at the Republican Party's midterm convention sparked a strong reaction from Democrats. KDKA political analyst Jon Delano breaks it down.
Sen. John Fetterman's surprise video at the Republican Party's midterm convention sparked a strong reaction from Democrats.
Democratic Sen. John Fetterman appeared in a surprise video at the Republican Party's midterm convention on Wednesday, as he becomes increasingly isolated from his own party.
A Pennsylvania man is facing charges after police said he called Gov. Josh Shapiro's office and threatened to "destroy the Commonwealth."
The Trump administration moved Tuesday to ban imports of Canadian motorcycles, some dairy products and most types of alcohol starting later this month, intensifying the trade war between the two countries.
It seems like each week we get a new story or warning about a scam over the phone or on the internet. Here's how you can avoid them.
With proposed 50% tariffs on the table, the cost of new and used cars could increase by thousands in the near future.
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.
Get your tickets now for the PTL Turkey Fund Kickoff Show happening at the Pittsburgh Playhouse on Sept. 18!
The Original Pittsburgh Taco Festival is back with over 25 food trucks and authentic Latin music. It takes place Saturday, Sept. 12, at The Stacks at 3 Crossings in the Strip District.
Daisy checks out Gameway, the new video gaming lounge at Pittsburgh International Airport!
Leechburg Pizza Company is the latest pizza place featured on PTL Pizza Friday!
The Pittsburgh County Fair will take place Saturday, Sept. 12, at Allegheny Commons Park West. It's a celebration of urban agriculture and all things handmade, homemade, and delicious in Pittsburgh.
The Steel City Youth Football League announced disciplinary action following video that captured an on-field brawl.
Misdemeanor and summary charges have been filed against the coaches involved in a youth football brawl in Pittsburgh.
Police departments all around the country say surveillance technologies like cameras, drones, and license plate readers have proved invaluable in tracking and arresting violent criminals.
Video shows youth football coaches from Carlynton and Keystone Oaks fighting on the field during a game over the weekend.
Police public safety services are being questioned in Forward Township.
Four vaccinated people in Pennsylvania have contracted measles, health officials say.
A Pittsburgh-area hospital is seeing a concerning uptick in withdrawals from what many describe as "gas station heroin."
Mental health days aren't just for adults; oftentimes, children need them, too, so here's what parents need to be on the lookout for.
Getting zapped by lightning is an enormous danger, and with an uptick in strikes in the Pittsburgh area, here's what you need to know.
A Pittsburgh-area mother is sharing her story after she says her daughter was exposed to measles at UPMC Children's Hospital.
A list of Pennsylvania high school football scores for September 11, 2026.
A list of Ohio high school football scores for September 11, 2026.
Alex Bregman hit his 25th homer and doubled among three hits, Shota Imanaga tossed six effective innings and the Chicago Cubs pounded the Pittsburgh Pirates 12-2 on Friday to end a four-game slide.
Central Catholic High School football has been a staple in the region for almost a century, but there's one thing it's never had until Friday: a true home field.
Tua Tagovailoa has been ruled out of Sunday's game against the Pittsburgh Steelers because of an oblique injury, according to the Falcons' final injury report.
Many small businesses are still feeling the impact of last week's severe weather.
Pittsburgh leaders and their partners are making a concerted effort to revitalize a North Side business district.
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.
Local legend Donnie Iris will headline an early show at Pittsburgh's newest music venue, Citizens Live at The Wylie.
Dolly Parton died in Nashville on Aug. 25 at the age of 80 — a shock to fans around the world who weren't aware of her illness.
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.
It has been 25 years since the terrorist attacks on Sept. 11, 2001. KDKA-TV's Ken Rice and Kristine Sorensen anchor this special.
High school football highlights for September 4, 2026, in the Pittsburgh area.
Friday night lights are back. And for Central Catholic, it means its own home football field.
Stay on top of the weather in the Pittsburgh area with First Alert Meteorologist Ray Petelin's forecast.
An all-women drum major team is making history for the University of Pittsburgh marching band.
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.
