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.
1-in-3 families are unable to afford diapers, and that can lead to more than just financial problems, but the Western Pa. Diaper Bank is there to help.
Second graders in Pittsburgh got to plant trees, learn about birds, and so much more on Pittsburgh's North Side.
The warmer weather is back in Pittsburgh, along with sunny skies.
NFL draft construction is underway in Point State Park.
West Virginia resident Rebecca Michalski struggles with soaring electricity bills that exceed her income.
1-in-3 families are unable to afford diapers, and that can lead to more than just financial problems, but the Western Pa. Diaper Bank is there to help.
Second graders in Pittsburgh got to plant trees, learn about birds, and so much more on Pittsburgh's North Side.
The warmer weather is back in Pittsburgh, along with sunny skies.
NFL draft construction is underway in Point State Park.
West Virginia resident Rebecca Michalski struggles with soaring electricity bills that exceed her income.
Transportation Secretary Sean Duffy pointed out that gamers "have many of the hard skills it takes to be a successful controller."
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
Pittsburgh-area lawmakers are responding to President Trump's warning that "a whole civilization will die" if Iran doesn't make a deal to reopen the Strait of Hormuz by his 8 p.m. Eastern deadline. KDKA's Chris Hoffman reports.
Those who gathered on Tuesday said the push for drop boxes will continue.
President Trump posted on social media that "a whole civilization will die tonight," adding "but I don't want that to happen, but it probably will."
Six new cities are being added to the Michelin Guide in 2027, and among those cities is right here in Pittsburgh.
Sheetz is expanding further into the Midwest, with plans to open 100 stores in Indiana over the next decade.
The Pirates' home schedule starts on Friday, so how can fans save money on tickets, food, and other deals at PNC Park?
Fat Head's Saloon on Pittsburgh's South Side is closing next month after more than 30 years in business.
Studies show nearly 25% of Pennsylvanians can't pay their power bills at least once a year.
You know the old saying - April showers bring May flower, but those showers can do a number on your home's gutters. Patrick the Handyman is back on PTL to let you know how you can keep them flowing!
If you're looking to get your feet moving the weekend of the NFL draft in Pittsburgh, Team PTL's Daisy Jade is giving you all the details about the PICKSBurgh Draft Day 5K!
Heather and David are joined by Danielle Doebereiner from Nosh and Curd to talk about the pairing of Girl Scout Cookies and cheese!
It's being called the most Pittsburgh celebration of the year, with food, clothes, live music, art, and so much more! This weekend, Bakery Square will play host to 412 Day!
You know him as Champ Kind from the classic movie Anchorman, and this weekend, David Koechner will be at the Pittsburgh Improv!
Allegheny County Common Pleas Judge Edward Borkowski refused to drop an attempted homicide charge against Jasper Hilliard.
Just weeks before the NFL draft, the Downtown Neighbors Alliance has cut ties with its executive director and may be folding up its tent.
Data obtained by KDKA Investigates shows the dramatic increase in arrests by U.S. Immigration and Customs Enforcement in the Pittsburgh area.
A new homeless encampment has popped up on Pittsburgh's North Side.
A Sewickley Hills man said he's left without a usable driveway because PennDOT cannot get it right.
UPMC and AHN say they've been collaborating about getting ready for an event of this magnitude.
When doctors found out Ainsley Flynn had viral myocarditis, they leaped into action to save her. Now, Flynn is giving back.
UPMC Hillman Cancer Center is exploring everything radiation treatment can treat, and the success has been life-changing for people.
A Pittsburgh-area man is not just giving people living with ALS a voice, he's giving them their own voice.
A cancer once rare in young people has become the number one cause of cancer-related deaths for Americans under age 50.
Pirates starter Braxton Ashcraft struck out a career-best nine in five innings while allowing a run on Hoerner's fifth-inning RBI groundout, which cut the Cubs' deficit to 3-1.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
Ilya Protas scored his first NHL goal and added two assists as the Washington Capitals beat the Pittsburgh Penguins 6-3 on Saturday.
The 5'11" defenseman will report to the Penguins, and his contract begins this season.
Bryan Reynolds hit a two-run homer and Carmen Mlodzinski pitched six-hit ball into the sixth inning, helping the Pittsburgh Pirates beat the Chicago Cubs 2-0.
West Virginia resident Rebecca Michalski struggles with soaring electricity bills that exceed her income.
Dave Chappelle has helped secure the future of a small-town radio station by funding the renovation of a historic building in Yellow Springs.
Hundreds gathered Wednesday morning at the Live! Casino in Hempfield Township to open Mangia, a new market and eatery featuring authentic Italian cuisine from local favorite DeLallo.
Sheetz is expanding further into the Midwest, with plans to open 100 stores in Indiana over the next decade.
The event kicks off on April 22 with the reopening of the renovated Market Square.
The Pitt star Noah Wyle is the newest name on the Hollywood Walk of Fame, and the Pittsburgh-based show is a big reason why.
Dave Chappelle has helped secure the future of a small-town radio station by funding the renovation of a historic building in Yellow Springs.
Artists like Lady A, Nelly, The Avett Brothers and Third Eye Blind will headline a free concert series throughout Pennsylvania.
The Steelers will offer fans multiple ways to engage with the team during the NFL draft.
The event kicks off on April 22 with the reopening of the renovated Market Square.
KDKA-TV Sports' Cassidy Wood and the Pittsburgh Post-Gazette's Brian Batko talk about the sports topics of the day.
Research has found that 1-in-3 families are unable to afford diapers, which can lead to so many issues for children, but thanks to the Western Pennsylvania Diaper Bank, a lifeline is available. Cathy and Phillip Battle from the diaper bank joined KDKA's Megan Shinn in studio to tell us all about their work.
One Tree Per Child Pittsburgh and the National Aviary hosted an educational event on the North Side where they got to plant trees and learn about birds.
The second of six phases of road closures will go into place on Monday as Pittsburgh continues to prepare for the NFL draft. KDKA's Jessica Riley lets you know which roads will be closed on Monday.
Stay on top of local weather with meteorologist Mary Ours’s forecast!
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.
