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.
Aaron Rodgers, Mason Rudolph, Will Howard, and Drew Allar have all made the team's initial 53-man roster.
All gasoline is generally produced to a federal standard, but there can be slight differences depending on the retailer.
As it stands, today may be our only non-severe weather day of the work week.
A towboat and a private vessel collided along the Monongahela River late Friday night near Rices Landing.
Police were alerted to an incident along Herminie West Newton Road in West Newton around 9:30 a.m. Sunday.
A small vessel was recovered from the river Monday morning.
Jakob Michael Korber was taken into custody Sunday evening.
Aaron Rodgers, Mason Rudolph, Will Howard, and Drew Allar have all made the team's initial 53-man roster.
All gasoline is generally produced to a federal standard, but there can be slight differences depending on the retailer.
As it stands, today may be our only non-severe weather day of the work week.
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.
Melanie Taylor from 100.7 Star's "The Bubba Show" joins Heather and David to talk about the latest celebrity news!
Daisy takes a trip to the Pittsburgh Zoo to visit the new lion cub!
Chef Doug Heilman shows Heather and David how to make a rustic tart filled with fruit or veggies!
You can bring your own container to The Refillery and replenish everyday items without buying more plastic.
A historic merger between two theater companies in Pittsburgh took place, and they have a new name. Tickets for their season are on sale now.
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.
Aaron Rodgers, Mason Rudolph, Will Howard, and Drew Allar have all made the team's initial 53-man roster.
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.
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.
Melanie Taylor from 100.7 Star's "The Bubba Show" joins Heather and David to talk about the latest celebrity news!
Daisy takes a trip to the Pittsburgh Zoo to visit the new lion cub!
Chef Doug Heilman shows Heather and David how to make a rustic tart filled with fruit or veggies!
You can bring your own container to The Refillery and replenish everyday items without buying more plastic.
A historic merger between two theater companies in Pittsburgh took place, and they have a new name. Tickets for their season are on sale now.
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.
