Here's what the Fed's interest rate pause means for your money
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
Even with the signing of the debt ceiling bill over the weekend, there are still concerns about the strength of the U.S. economy
President Biden has signed the bipartisan debt ceiling bill averting a default.
The president spoke less than 24 hours after the Senate approved the agreement in a bipartisan vote.
The majority of Delaware Valley members of Congress voted in favor of legislation that suspends the debt ceiling and limits spending.
President Biden now has until Monday to sign the bill.
The legislation now goes to President Biden's desk, pulling the nation back from the brink of a financial crisis.
The House passed the measure on Wednesday night. Monday is the deadline for the nation to avoid default.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
A majority of Democrats and a majority of Republicans voted in favor of the Fiscal Responsibility Act.
With pandemic aid ending earlier this year, some food-stamp recipients are skipping meals or watering down baby formula.
Rep. Thomas Massie broke with two other conservatives on the House Rules Committee to advance the legislation to the House floor.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
The agreement must go to the U.S. House. If it passes there, it then will go to the Senate.
The debt ceiling deal has cleared both chambers of Congress and is headed to the president's desk.
The House Democratic leader said he can guarantee the U.S. will not default on its debt.
After days of intense negotiations and weeks of talks, an agreement in principle has been reached to raise the debt ceiling.
Time is running short for House Republicans and the White House to reach an agreement on the debt ceiling to avoid default.
Many in our area have strong feelings when talking about the gridlock in Washington over the debt ceiling fight.
Dan Snyder reports.
There is little time left for Congress to pass a bill to raise the U.S. debt ceiling and Thursday Kevin McCarthy appears to have sent home House Republicans for the long Memorial Day Weekend despite not deal yet.
If an agreement isn't reached to prevent the United States from defaulting on its debt, the country could descend into economic disarray, affecting millions of Americans from investors to Social Security beneficiaries.
If the debt ceiling is not raised, economists say millions of Americans could lose their jobs, pushing the country into a recession.
President Biden and House Speaker Kevin McCarthy huddled yet again as the debt ceiling "X" date nears.
Wall Street Journal reporter Evan Gershkovich appeared in court in Russia for the second hearing in his trial on espionage charges that he, his employer and the U.S. government vehemently deny.
The Philadelphia region can expect a return to sunshine and most importantly, seasonable temperatures on Thursday.
The Butler County district attorney said the Secret Service was told local police couldn't be responsible for securing the AGR building.
A 30-year-old woman riding a bike was fatally struck in Rittenhouse Square and two other crashes in Philadelphia left a person dead and another critically injured, police said.
Kai Trump, Donald Trump Jr.'s daughter, and Donald Trump's eldest grandchild, spoke Wednesday night at the Republican National Convention.
A 30-year-old woman riding a bike was fatally struck in Rittenhouse Square and two other crashes in Philadelphia left a person dead and another critically injured, police said.
Wall Street Journal reporter Evan Gershkovich appeared in court in Russia for the second hearing in his trial on espionage charges that he, his employer and the U.S. government vehemently deny.
The Philadelphia region can expect a return to sunshine and most importantly, seasonable temperatures on Thursday.
Cavan Sullivan broke Freddy Adu's record, which was set in 2004, and became the youngest player in MLS history after making his Philadelphia Union debut.
The Butler County district attorney said the Secret Service was told local police couldn't be responsible for securing the AGR building.
The Philadelphia region can expect a return to sunshine and most importantly, seasonable temperatures on Thursday.
A 30-year-old woman riding a bike was fatally struck in Rittenhouse Square and two other crashes in Philadelphia left a person dead and another critically injured, police said.
The city said there is no threat to Philadelphia's drinking water after a "potential toxic chemical contamination" made its way into Bartram's Garden and the Schuylkill River.
A delivery driver allegedly shot at an employee who was working for the School District of Philadelphia Wednesday afternoon in Philadelphia.
Getting around is challenging for Victoria Nedza, who has a rare form of muscular dystrophy. But it's getting easier now with her new robotic arm made by the team at Widener University.
The Philadelphia region can expect a return to sunshine and most importantly, seasonable temperatures on Thursday.
A singer from South Philadelphia is paying homage to Frank Sinatra by breathing new life into some big band arrangements Sinatra performed live in the 1960s.
Sen. Bob Menendez is refuting reports that he's planning to resign after he was convicted on federal bribery charges.
Pressure is mounting on convicted felon Bob Menendez to resign from the U.S. Senate, but not everyone thinks he will.
A man is hospitalized after officials say he rescued two younger people from the water at Weymouth Furnace Park in Hamilton Township, New Jersey.
The Philadelphia region can expect a return to sunshine and most importantly, seasonable temperatures on Thursday.
Tuesday night's storm sent a tree into a Wilmington, Delaware, home, injuring the couple inside. That couple is out of the hospital and only speaking with CBS News Philadelphia.
The region is feeling the effects of Tuesday's fast-moving storms, and thousands of customers are dealing with outages after strong winds downed trees and power lines.
With high temps in the upper-90s and increased humidity, an excessive heat warning is in effect through for Philadelphia and the surrounding suburbs until Wednesday morning.
The searing heat is back again, with highs on Monday in the mid and upper 90s.
Getting around is challenging for Victoria Nedza, who has a rare form of muscular dystrophy. But it's getting easier now with her new robotic arm made by the team at Widener University.
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
A teenage scoliosis patient reunites with the Philadelphia doctor who restored her mobility through a pioneering surgery.
A group of mosquitoes in Concord Dog Park in Delaware County tested positive for West Nile Virus, the first instance in 2024.
To keep yourself and your loved ones safe in the extreme heat, here's a look at where you can find cooling centers across Philadelphia, the Pennsylvania suburbs and in New Jersey.
People across the Delaware Valley are making changes to their summer schedules to try and find ways to survive the scorching heat.
Many people have to work in blazing hot temperatures from the Main Line to South Jersey and down the shore. But others get to work in the freezing cold to bring joy to their community.
An Upper Merion, Pennsylvania man has been indicted on charges he defrauded hundreds of customers through his multiple businesses selling cemetery headstones.
Sheetz will now deliver beer to Pennsylvanians, the Altoona-based convenience store chain announced on Tuesday.
While some local businesses and regional chains have altered their hours for the Fourth of July, many will remain open. Here's a look at what's open and closed across the Delaware Valley.
Norwegian Cruise Line will begin offering trips out of the Port of Philadelphia starting in 2026, the cruise line announced Wednesday.
The Delaware River Port Authority voted Wednesday to reduce the scheduled toll increases on four bridges between Pennsylvania and New Jersey from $6.50 to $6.
A tractor-trailer crash is blocking the I-676 ramp to enter I-76 in Philadelphia.
Tolls on the Ben Franklin Bridge and three other bridges between Pennsylvania and New Jersey are scheduled to increase, but by exactly how much is to be determined.
Some Old City residents made clear how they feel about a proposal to move the city's temporary Greyhound bus station to their neighborhood on Tuesday.
Cavan Sullivan broke Freddy Adu's record, which was set in 2004, and became the youngest player in MLS history after making his Philadelphia Union debut.
Cavan Sullivan will be a part of the Union's matchday roster on Wednesday for the first time in his career and has a chance to become the youngest player to make his debut in MLS history.
Bruce Bochy of the host Rangers became the first manager to win World Series titles and All-Star Games in both leagues.
Joe "Jellybean" Bryant, a former Philadelphia 76ers and La Salle University basketball great and the father of the late, NBA legend Kobe Bryant, has died. He was 69.
The Phillies may have a franchise-record eight All-Stars, but those at the Midsummer Classic say none of this matters if this season doesn't end with a World Series.
A singer from South Philadelphia is paying homage to Frank Sinatra by breathing new life into some big band arrangements Sinatra performed live in the 1960s.
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks," "Only Murders in the Building" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
"Big Brother" announced Tuesday the 16 new Houseguests who will move into the "Big Brother" house and, for the first time ever, have the power to vote in a 17th houseguest.
"Dance Moms" star Christi Lukasiak is facing DUI charges after a crash in Westmoreland County last month.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
A Philadelphia student won an award from NFL Films for his documentary on bringing back sports teams at his Kensington school.
A group of East Norriton eighth graders took what started as an Earth Day project and made a whole initiative.
Ylaine Zhu a School District of Philadelphia student, is among the newest Gates Scholars.
After applying to 13 colleges and being rejected by his dream school, Dexter Resa proves that with grit and heart, you can accomplish things beyond your wildest dreams and make history while doing it.
Meet 13-year-old Daphne Todas, a real-life karate kid from Mount Bethel, Pennsylvania, helping change the face of power sports like martial arts.
Philadelphia leaders on Wednesday honored more than 30 artists who created portraits of gun violence victims and survivors. Reporter Siafa Lewis has the story from City Hall.
Residents in Chester County, Pennsylvania, started the cleanup process Wednesday after strong storms knocked down trees and took out power lines overnight.
After several days of extreme heat, Andrew Kozak says the Philadelphia region will start to get some relief on Thursday as we get closer to the weekend.
Sen. JD Vance took center stage on the third night the Republican National Convention in Milwaukee.
South Philadelphia musician Brandon Tomasello has discovered never-before-recorded arrangements written for Frank Sinatra and is recording them for the first time.