Fed lowers interest rates by 0.25 percentage points in third straight cut
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
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The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
Wholesale prices for frozen turkeys are expected to be $1.32 per pound this year, a 40% increase from last year's average.
Although grocery prices have continued to climb in 2025, a Thanksgiving dinner will cost 2% to 3% less this year, one analysis found.
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
The U.S. economy picked up speed in the second half of the year, although job growth and inflation remain a concern, economists say.
Next week, the electric vehicle tax credit will end, and if you're looking to buy a new car, you might need to act quickly.
Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.
Today's CPI report marks the last major piece of economic data before the Federal Reserve's Sept. 17 rate decision meeting.
A new survey predicts Americans will spend $1,552 per person on average, 5% less than they did in 2024.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
McDonald's is reviving its long-lamented Snack Wrap and leaning into affordable eats as it looks to reverse a rare sales slump.
For millions of people around the U.S., financial stability amounts to a "rare luxury," Bankrate survey finds.
Roughly a quarter of consumers use "buy now, pay later" loans for ordinary expenses like groceries. That's worrisome, a personal finance expert says.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
Wholesale egg prices are falling, with stores saying they're now lowering prices and easing restrictions. But tariffs could be an issue.
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.
Americans express concern about their ability to pay bills and save money.
The White House levied new import duties on its three closest trading partners.
President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
The fire broke out around 10:30 p.m. at an apartment building along Grant Avenue.
Drew Allar has recovered from ankle surgery and is expected to throw at the NFL's scouting combine this week.
Public outcry prompted a Fayette County community to back off plans to switch one full-time police officer to a part-time role.
Democrat Jen Mazzocco defeated Republican Joseph Leckenby for Pennsylvania's 42nd House District seat, the AP projects.
Two men from Pennsylvania are facing charges after an illegal car rally in Prince George's County, Maryland, authorities said.
The fire broke out around 10:30 p.m. at an apartment building along Grant Avenue.
Drew Allar has recovered from ankle surgery and is expected to throw at the NFL's scouting combine this week.
Public outcry prompted a Fayette County community to back off plans to switch one full-time police officer to a part-time role.
Democrat Jen Mazzocco defeated Republican Joseph Leckenby for Pennsylvania's 42nd House District seat, the AP projects.
The annual KDKA Fish Fry Guide is back for Lent! Check our listings for a 2026 fish fry near you in Pittsburgh.
Democrat Jen Mazzocco defeated Republican Joseph Leckenby for Pennsylvania's 42nd House District seat, the AP projects.
President Trump defended his first year back in office in his 2026 State of the Union address, touting his record on immigration, the economy, tariffs and more.
FedEx sued the Trump administration over its tariffs on Monday, asking for a "full refund" of all payments it made to the government under a set of tariff policies that were ruled illegal by the Supreme Court.
A federal judge on Monday permanently blocked the Justice Department from releasing former special counsel Jack Smith's report on the classified documents investigation.
An armed man was shot and killed early Sunday morning after "unauthorized entry" into the secure perimeter at President Trump's Mar-a-Lago estate, the U.S. Secret Service said.
Former patients of Dr. Carl Medgaus are running out of time to try to recover money for unfinished dental work.
The budget airline Breeze is launching a new nonstop route from Pittsburgh to Myrtle Beach this summer.
Primanti Bros. is opening its doors early on Sunday as Team USA faces Team Canada in the gold medal game in men's hockey.
The Pennsylvania Public Utility Commission approved a rate settlement for Pittsburgh Water - here's what it means for your bills.
You may have noticed that gas prices in the Pittsburgh area aren't low, but there's a reason why, and there are ways to save.
Heather and David play a Diner Week-themed game!
Sam Nwagbo, a Pittsburgh-area McDonald's owner and operator, talks with Mikey Hood about his dreams, his journey with the brand, the barriers he overcame, and the lessons he's learned building success.
Daisy and Ron take a trip to J & J's Family Restaurant in Allegheny County as PTL Diner Week rolls on!
We’re learning what’s trending in weddings with Cassie Horrell, the wedding pro!
Boaz was live at Shady Elms Kitchen in Hickory, Washington County, which is our fifth diner of the week!
Former patients of Dr. Carl Medgaus are running out of time to try to recover money for unfinished dental work.
The Woodland Hills school board has been a lightning rod of controversy since putting Superintendent Joe Maluchnik on administrative leave three months ago.
Almost suddenly, Allegheny County has seen a dramatic drop in the number of people dying.
News organizations in the Pittsburgh area are coming together to help each other survive.
It's no secret that many boroughs in the Mon Valley are riddled with abandoned and decaying homes.
Fish fries can be a quandary for people with heart and other medical issues.
With a measles outbreak in Pennsylvania, local health experts want to send a message to families.
Cracking down on the price of prescription drugs is a hefty task.
The advisory, issued on Saturday, affected thousands of customers in Allegheny and Washington counties.
Pennsylvania American Water said that a first round of testing came back negative and an update can be expected late Monday morning.
Drew Allar has recovered from ankle surgery and is expected to throw at the NFL's scouting combine this week.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
The Penguins have traded defenseman Brett Kulak to the Colorado Avalanche for defenseman Samuel Girard and a second-round pick in the 2028 draft.
The school board voted 7-2 to move forward with the plan for synthetic turf fields.
Fans across the country and in western Pennsylvania erupted as the Americans defeated Canada 2-1 in overtime.
The budget airline Breeze is launching a new nonstop route from Pittsburgh to Myrtle Beach this summer.
The lawsuit accuses Nippon of prioritizing revenue over worker safety.
West Virginia took a major step in the fight against child pornography Thursday, after the state filed a first lawsuit of its kind against Apple.
Move over, Wawa, "there's a new player in town." Customers shed light on Pennsylvania's heated rivalry as Sheetz opened its first store in Montgomery County.
More than 140 employees at Nemacolin were informed they were being let go.
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
Bruce Springsteen and The E Street Band will return to Pittsburgh this spring.
KDKA-TV's Bob Pompeani and 93.7 The Fan's Andrew Fillipponi discuss today's sports topics.
Public outcry is prompting a Fayette County community to back off plans to switch one full-time police officer to a part-time role.
Stay on top of local weather with First Alert Meteorologist Ray Petelin's forecast!
Here's are some guests with Pennsylvania ties for Trump’s State of the Union address on Tuesday.
We’re talking about dating apps and more with parenting columnist Meg St-Esprit.
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.
