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U.S. government debt is among the safest investments around, but with inflation peeking above its low yields, investors could actually lose money. However, there are reasons why they might still buy in.
"Facebook," the social networking web site, may be filing its long-awaited initial public offering ("IPO") later this week. But it will probably be months before the company will be offering any stock.
If you like a constant update on stocks, whether you work in the industry or are just curious about the state of the economy, the Stock Ticker Pro app is there.
Chris reviews last night's Iowa Republican Presidential debate with a variety of guests and talks to CBS 3's Beasley Reece about the Eagles preseason opener against the Ravens.
The city's pension board held an hourlong meeting this morning, during which the members decided to cash out $50 million worth of public equities. Some board members had urged converting even more of the fund's public holdings -- perhaps another $50 million -- to cash.
The latest Wall Street crisis is a worst-case scenario for the pension fund of Philadelphia city workers. Thursday morning, members of the board that oversees the fund were meeting to look at the damage.
Chris analyzes the crash in the stock market with Financial Analyst Chris Butler and Fox Business Host Gerri Willis. He talks to Daily News Reporter William Bender about the progress in the effort to legalize liquor sales in Pennsylvania and reviews Mayor Michael Nutters attempts to eliminate flash mob riots in the city.
As investors are still trying to make heads or tails of the roller coaster ride on Wall Street, word comes that Americans borrowed more money in June than during any month in the last four years. As 3 On Your Side Consumer Reporter Jim Donovan explains, that can be interpreted in a number of ways
The stock market's wild ride over the past few days, and the big drop yesterday does little to calm fears of investors, especially those who are close to retirement. 3 On Your Side Consumer Reporter Jim Donovan finds that many are uneasy right now, and it doesn't look like things will settle down anytime soon.
Chris discusses liberals in the media turning away from President Obama. He talks to Steve Cordasco on Finance Friday, CBS 3's Beasley Reece about Mike Patterson and Hunter Pence and former Chairman of the Pennsylvania Liquor Control Board, Jonathan Newman, about privatizing the state stores.
The financial world recovered quickly after the S&P warned about the future of the ratings for United States credit.
The recent stock market downturn affected many Americans, some more than others. But it seems that even in a bad economy, women might be better investors overall.
Porky the runaway pig was captured by Bensalem Township Police on Dec. 17 after eluding officers for weeks.
By 3 p.m. Wednesday, light showers will break out across the Philadelphia region.
Two Curran-Fromhold Correctional Facility correctional officers were arrested in connection with two separate contraband smuggling schemes.
Norristown Police Chief Jacqueline Bailey-Davis has resigned after about a year in the role.
A Pennsylvania jail is facing accusations it retaliated against inmates suspected of smoking synthetic marijuana by withholding necessities like toilet paper, soap and warm clothing.
Kelvin Roberts, the second man wanted in a deadly Lower Merion home invasion, was arrested in Montgomery County on Tuesday.
Porky the runaway pig was captured by Bensalem Township Police on Dec. 17 after eluding officers for weeks.
By 3 p.m. Wednesday, light showers will break out across the Philadelphia region.
Two Curran-Fromhold Correctional Facility correctional officers were arrested in connection with two separate contraband smuggling schemes.
Norristown Police Chief Jacqueline Bailey-Davis has resigned after about a year in the role.
Porky the runaway pig was captured by Bensalem Township Police on Dec. 17 after eluding officers for weeks.
By 3 p.m. Wednesday, light showers will break out across the Philadelphia region.
Norristown Police Chief Jacqueline Bailey-Davis has resigned after about a year in the role.
Swifties near and far come together to show support for a Pipersville, Bucks County preteen after a terminal cancer diagnosis.
A lawsuit alleges the Perkiomen School, a private school in Pennsburg, Pennsylvania, failed to maintain a safe campus.
By 3 p.m. Wednesday, light showers will break out across the Philadelphia region.
The FBI is warning people about pointing lasers at aircraft after a New Jersey-based pilot was injured.
Crews responded to a fire at a home on West Jimmie Leeds Road on Tuesday morning.
Through a partnership with Camden County schools, the Thrive Network is working with children and families who might not be able to afford mental health treatment.
Mount Laurel Police are looking for a man they believe stole $10,000 worth of North Face and Nike items on Dec. 13 along with four other masked men.
By 3 p.m. Wednesday, light showers will break out across the Philadelphia region.
Rain will clear out Tuesday morning and give way to partly sunny and mild conditions across the Philadelphia region.
After rain moved through the Delaware Valley, with even some snow across the Lehigh Valley and Poconos, the precipitation will move out for most of the second half of the day.
The holiday season is a season of giving, and many local organizations are helping support their communities with your help.
For fans tailgating ahead of Sunday's Eagles-Steelers matchup, expect most of the day to be cloudy and chilly with highs just barely reaching the 40s.
Sounds of the holiday season filled St. Jerome Church courtesy of visually impaired students from Saint Lucy's performing a Christmas concert.
Feds warn against eating multiple products containing the vegetable, including salads, wraps, party trays and meal kits.
A brain surgeon at Children's Hospital of Philadelphia has a mission to make cheerleading safer with the Stunt Showdown at Haverford College on Dec. 21.
The ERs at two Delaware County hospitals have reopened after temporarily closing due to radiology system problems, Delaware County officials told CBS News Philadelphia.
Walking pneumonia has increased all over the country and here in the Philadelphia region, where younger children are being especially hard hit.
More than 80% of retailers rolled out stricter return policies last year, research shows.
The mall many in Northeast Philadelphia still know as Franklin Mills is now called Franklin Mall.
By HUGHE_DILLON
By HUGHE_DILLON
Deep divisions erupted Monday night during the final public comment session on the Philadelphia 76ers' proposal to build a $1.3 billion arena in Center City.
The southbound lanes of I-95 have reopened between the I-676 East and Market Street exits because a pedestrian was struck.
Philadelphia's annual Vision Zero report shows Roosevelt Boulevard is getting safer but Broad Street is getting more dangerous.
NJ Transit CEO Kevin Corbett is resigning effective Jan. 15, 2025, Gov. Phil Murphy announced Monday
A fatal crash involving two tractor-trailers and a minivan shut down the eastbound lanes of I-78 in Lehigh County, Pennsylvania.
A tractor-trailer overturned on a central Pennsylvania highway, sending lumber and debris all over the road.
Your favorite Philadelphia sports mascots want you to cozy up by the fireplace with a special YouTube video this year.
Tyrese Maxey scored 40 points, Paul George added 33 points as the 76ers spoiled LaMelo Ball's return to the floor with a 121-108 win over the Hornets on Monday night.
ESPN's Adam Schefter reported Monday that the Hornets are "in discussions" to bring on Michael Vick to lead the program.
Philadelphia was filled with a lot of green Monday after the Eagles won their franchise-record 10th straight game.
The Sixers say Joel Embiid remains out with a right sinus fracture and will be re-evaluated in about one week.
If you've found yourself caught up in the chaos of the holiday season and are looking to slow things down and enjoy a weekend of celebration, then you've come to the right place.
The cost of YouTube TV has soared nearly 140% since the streaming platform launched in 2017.
The transformative power of music is bringing hope and holiday cheer to people facing poverty in Philadelphia.
Mindy Kaling and Morris Chestnut announced the nominations for the 82nd annual Golden Globes, with 10 nominees revealed live on CBS News.
The lawsuit alleges the unidentified girl was raped at a Video Music Awards afterparty in 2000.
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.
Norristown Police Chief Jacqueline Bailey-Davis resigned after less than a year in the role, the municipality of Norristown, Pennsylvania, announced Tuesday night. Bailey-Davis was sworn in as chief on Jan. 2, 2024.
Rain will move into the Philadelphia area Wednesday, bringing afternoon showers followed by colder temperatures in the second half of the week. Chief Meteorologist Bill Kelly has the forecast.
Two prison officers were arrested Tuesday in connection with separate contraband smuggling schemes at Curran-Fromhold Correctional Facility, Philadelphia District Attorney Larry Krasner announced.
Police announced a second arrest in the deadly home invasion in Lower Merion, Pennsylvania. The suspects believed they were breaking into a home with several guns but had the wrong house, officials said.
CBS hit series "Ghosts" is getting into the holiday spirit. This Thursday, it's a special hour-long "Ghostsmas" episode. Jim Donovan talked with the stars of the series about the new episode. Catch the hour-long special episode this Thursday at 8 p.m.