Economic growth remains solid, shrugging off recession fears
U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
Watch CBS News
U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
Egg costs are soaring as Americans' eating habits change and as a deadly disease wipes out millions of birds.
Although U.S. inflation has cooled from its peak this summer, some food costs remain unusually high.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
The average rate for a 30-year fixed mortgage is now 6.31%.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Punishing inflation is forcing many people to economize this holiday season, while some are skipping gifts altogether.
Price increases are slowing but have a long way to go before hitting the Federal Reserve's 2% target.
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
Thanksgiving weekend used to kick off the holiday shopping season with big sales on Black Friday.
The cold is here and it's sticking around so we have ways to keep your home warm while saving you money.
"Prices will be higher, and we will see flights sell out for both holidays," one travel pro said.
The CPI measures everything from the price of gas to the price of food.
Later this morning, the Consumer Price Index is expected to tell us that inflation is slowing, but not at a rate where Americans are seeing relief. KDKA's Chris DeRose has more.
It appears workers are getting paid more, but inflation may have them feeling like they're getting paid less.
A new government report shows Americans are spending beyond their means.
The Bureau of Labor Statistics released its quarterly index, showing wages have increased but they're not keeping up with inflation.
The Bureau of Economic Analysis released its latest index. The index measures prices paid by consumers for goods and services. It showed consumer spending increased over a half percent from August to September while savings fell and incomes only grew 0.4%.
The 10 most popular candy brands have seen an average price increase of 13% since 2021, according to Datasembly.
You may not notice it, but when you get Halloween candy this year, you'll be getting less.
When you got your candy for Halloween this year, did you notice the bag was a bit lighter? Probably not and KDKA's John Shumway tells you why.
As inflation and "shrinkflation" continue, chances are you're paying more and getting less. KDKA's John Shumway finds out why,
The hottest inflation in 40 years is likely to impact everything from your taxes to your retirement contributions.
People are ready to get back out and spend their money following the pandemic.
Savannah Guthrie released a new video on Saturday, saying her family is willing to pay for the safe return of their mother.
A man was taken into custody after barricading himself inside a home and setting a fire in Pittsburgh's Brookline neighborhood on Saturday.
Homicide detectives are leading the ongoing investigation.
The suspect is currently being held in the Allegheny County Jail.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Savannah Guthrie released a new video on Saturday, saying her family is willing to pay for the safe return of their mother.
A man was taken into custody after barricading himself inside a home and setting a fire in Pittsburgh's Brookline neighborhood on Saturday.
Homicide detectives are leading the ongoing investigation.
The suspect is currently being held in the Allegheny County Jail.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
The bipartisan "Bell-to-Bell" bill bars students from using their phones any time they're in school, not just during instructional periods.
It was only a few months ago that Pennsylvania passed the 2025 budget several months late, and now the process begins for this year.
Pennsylvania Gov. Shapiro delivered his fourth budget address at the State Capitol in Harrisburg, three months after last year's budget was passed by state lawmakers.
A federal judge on Monday blocked the Trump administration from revoking Temporary Protected Status for Haitians, granting a last-minute reprieve to 350,000 immigrants who were set to lose protections on Tuesday.
More than 90,000 customers are under a boil water notice due to an early morning power surge at a treatment plant.
A woman and her husband are fighting for a $400 refund after they bought furniture from a Value City Furniture store.
It's the end of an era for a grocery store in Carrick.
A Pennsylvania couple says Kia wrongly denied a warranty claim after their car's engine failed at 80,000 miles.
Scams targeting utility customers are on the rise in Pennsylvania, the attorney general says.
Daisy takes us live to learn more about 100.7 Star's Best Pizza in Pittsburgh competition.
We’re hearing from some of you! How did you meet? What is your love story?
Daisy shows us how to see our closet in a different way.
Some local pups will be in the game this year, and we’re meeting one from Animal Friends!
The band has a Pittsburgh connection, and we’re getting a performance live in the studio!
Residents of Millvale are trying to get back to normal after last weekend's major snowstorm.
Tracing the past of Shane Hennen and how his troubled life in Pittsburgh pointed to his future downfall.
People in Avella, Washington County, say they have no phone coverage.
Residents and leaders in Charleroi are concerned about the integrity of roads after a trench collapse last year and ongoing construction.
Patrick Vereb is accused of taking money from pet owners who believed their animals would receive dignified cremations.
More than 90,000 customers are under a boil water notice due to an early morning power surge at a treatment plant.
Doctors said the drugs can help people lose unwanted pounds while retaining muscle.
Southwestern Pennsylvania's cold and snowy winter is taking its toll on more than just our roadways and walkways.
The Liberty-Clairton area is under a code orange air quality action day, according to the Pa. Dept. of Environmental Protection.
The cold weather and lingering snow affect more than just the roads and our cars, it affects our brains.
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
Prosecutors have dropped the most serious assault charge against Penn State hockey star Gavin McKenna.
A person familiar with the negotiations tells The Associated Press that pitcher José Urquidy and the Pittsburgh Pirates have agreed to a $1.5 million, one-year contract.
Wide receiver Larry Fitzgerald headlines the five-player 2026 Pro Football Hall of Fame class.
More than 140 employees at Nemacolin were informed they were being let go.
It's been about six years since the pandemic, and a lot of people working from home, but now companies are slowly calling them back to the office.
Pittsburgh Mayor Corey O'Connor on Tuesday announced a new initiative aimed at revitalizing neighborhood business districts across the city.
A handful of Pittsburgh-area Value City Furniture stores are going out of business after their parent company filed for bankruptcy.
It has been five years since the home improvement retailer Menards bought a large parcel of land off Route 30 in Westmoreland County.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
Filming for the final season of "Mayor of Kingstown" is expected to take place between March and June.
Many Super Bowl 60 ads are already online, along with teasers for commercials that will be unveiled during the NFL championship on Feb. 8.
"Stick Season" singer Noah Kahan is coming to Pittsburgh this summer.
KDKA-TV's Jessica Riley spoke to those who knew Evan Gingo, the 18-year-old who was killed after a massive pileup on Interstate 79 in Jackson Township, Butler County, on Friday morning.
Stay on top of local weather with First Alert Meteorologist Trey Fulbright's forecast!
More than 90,000 Pennsylvania American Water customers are under a boil water notice as of Saturday morning.
A man was taken into custody after barricading himself inside a home and setting a fire in Pittsburgh's Brookline neighborhood on Saturday.
A man was found dead inside a home in Pittsburgh's Lincoln-Lemington-Belmar neighborhood after a reported stabbing early Saturday morning, police said.
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.
