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.
Watch CBS News
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.
Monday is a great travel day across the Philadelphia region with sunshine, increasing clouds and highs in the upper 50s.
Saquon Barkley ran for touchdowns of 70 and 72 yards in the second half and finished with an Eagles-record 255 yards rushing in the win over the Rams.
Brandon Graham now only trails Trent Cole and Reggie White on Philadelphia's all-time sacks list.
James Harden had 23 points and eight assists, Ivica Zubac had 16 points and 12 rebounds and the Los Angeles Clippers coasted to a 125-99 win over the Philadelphia 76ers.
Sherwayne Garrison was charged with murder for shooting and killing a 48-year-old man last week after he tried to steal his car in Frankford.
Saquon Barkley ran for touchdowns of 70 and 72 yards in the second half and finished with an Eagles-record 255 yards rushing in the win over the Rams.
Monday is a great travel day across the Philadelphia region with sunshine, increasing clouds and highs in the upper 50s.
A water main break left some residents without water and others displaced Sunday in Northern Liberties.
Brandon Graham now only trails Trent Cole and Reggie White on Philadelphia's all-time sacks list.
James Harden had 23 points and eight assists, Ivica Zubac had 16 points and 12 rebounds and the Los Angeles Clippers coasted to a 125-99 win over the Philadelphia 76ers.
Philadelphia police are investigating four shootings, including three that happened in West Philly over the weekend.
William Loevner and Katie Florio were the top elite finishers at the Philadelphia Marathon Sunday.
Jamel Brunson, a man wanted for the killing of a man in his 20s inside a North Philadelphia pizzeria on Thursday, has surrendered to police.
A water main break left some residents without water and others displaced Sunday in Northern Liberties.
This weekend feels like fall, with blustery conditions, and a mix of sun and clouds.
A community in Lawnside came together with a peace vigil after a resident's fence was defaced with a racist message.
A new work program called the Hope Work Initiative launched this week in Atlantic City to give people experiencing homelessness a second chance.
Runners, set? The Philadelphia Marathon Weekend is finally here! Here's a list of events going on throughout the area this weekend.
A World War II veteran in Vineland, New Jersey celebrated his 103rd birthday at the French Embassy in Washington DC.
Winemaker Larry Sharrott said the drought will help produce robust wines at his South Jersey winery.
Former NFL running back Wendell Smallwood Jr. has been charged with defrauding COVID-19 relief programs, court documents show.
Sahori Arteaga and her family spent 10 months at the Ronald McDonald House of Delaware after flying 3,000 miles from Honduras to Wilmington for a kidney transplant.
It was a full circle moment when a Chester County mother brought her son to visit the Ronald McDonald House Charities of Greater Delaware for the first time.
For the Schiro family from Nevada, the Ronald McDonald House Charities of Greater Delaware — "Donald's House" — is a second home.
While we don't have anything solid in the forecast, as of late November, meteorologists can look at trends and historical dates.
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
As runners count down to Sunday's big race at the Philadelphia Marathon, the cause is driving some people to run 26.2 miles.
A high school in Montgomery County, Pennsylvania, has a reported whooping cough case.
The new report shows the lung cancer survival rate has improved 26% in the last five years.
Skin care products are popular on TikTok, but some of them can damage skin, experts say.
Winemaker Larry Sharrott said the drought will help produce robust wines at his South Jersey winery.
The bar made the announcement on social media in a collaborative post with all other Bark Social locations.
The Philadelphia City Council is scheduled to hear public comment Tuesday afternoon on the proposed Sixers arena near the city's Chinatown neighborhood.
The Eagles running back is looking to get into sports consulting and talent management, the application shows.
Six Flags announced it shut down the Kingda Ka and Green Lantern roller coasters to make way for two new rides including The Flash coaster.
SEPTA will receive an infusion of $153 million in "flexed" federal highway money, enough to cover its running deficit, officials announced Friday.
Philadelphia Marathon Weekend is here, with the annual 26.2-mile run taking over the city with road closures and traffic delays.
Starting Dec. 1, hopping on a SEPTA bus, train, or trolley will likely cost you more. The Transit Authority approved a 7.5% rate increase on Thursday across much of its system.
On Wednesday, SEPTA agree to tentative deals with two unions to avert a strike in Philadelphia and its suburbs.
A crash shut down Route 309 northbound near Fort Washington and Upper Dublin Township for several hours on Wednesday morning.
Saquon Barkley ran for touchdowns of 70 and 72 yards in the second half and finished with an Eagles-record 255 yards rushing in the win over the Rams.
Brandon Graham now only trails Trent Cole and Reggie White on Philadelphia's all-time sacks list.
James Harden had 23 points and eight assists, Ivica Zubac had 16 points and 12 rebounds and the Los Angeles Clippers coasted to a 125-99 win over the Philadelphia 76ers.
The Eagles will look to extend their winning streak to seven games tonight against the Rams on Sunday Night Football at SoFi Stadium.
William Loevner and Katie Florio were the top elite finishers at the Philadelphia Marathon Sunday.
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Runners, set? The Philadelphia Marathon Weekend is finally here! Here's a list of events going on throughout the area this weekend.
Former Philadelphia Eagles center Jason Kelce is getting his own late-night television show on ESPN early next year.
The Stardew Valley Symphony of Seasons tour is bringing a video game soundtrack to over 60 cities.
Jay Leno was badly injured in Greensburg when the 74-year-old comedian fell down a hill.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Middle school students in Philadelphia got the opportunity to do hands-on learning during the school district's five-day career and technical camp.
With her Girl Talk mentoring program, one Philadelphia teen turned her camp days into a safe space to discuss social issues young girls face every day.
Recent high school graduate Sylvain Farrell says his temporary position at a local clinic is the pathway to a full-time career.
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.
Andrew Kozak has your NEXT Weather forecast as we begin the holiday week in the Delaware Valley.
A man was charged with murder for shooting and killing another man who attempted to steal his car in Philadelphia's Frankford neighborhood on Friday, police said.
A man wanted for shooting and killing a man inside a pizza shop after a fender-bender is now in custody, Philadelphia police said Sunday.
Philadelphia International Airport was bustling Sunday night and many say they aren't letting the potentially nasty weather dampen their holiday spirits.
Andrew Kozak has your NEXT Weather forecast as we get ready for the holiday week in the Philadelphia area.