![White-haired man with glasses in front of American flag](https://assets2.cbsnewsstatic.com/hub/i/r/2022/09/21/223f3f0d-28e8-42f3-9d68-70fa792782b8/thumbnail/640x360/a53153e8acb28f113e0e4edbfe3bddf0/powell-gettyimages-1411282541.jpg?v=d8f7565ef3e8b72561ee316b5993cbf9#)
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.
The president spoke less than 24 hours after the Senate approved the agreement in a bipartisan vote.
The legislation now goes to President Biden's desk, pulling the nation back from the brink of a financial crisis.
Lee was the only no-vote among western Pennsylvania house members.
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
Critics say allowing the Mountain Valley Pipeline to be fast-tracked would be a "colossal error" after a history of construction complaints and the impacts of its potential emissions.
The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
The debt ceiling deal has cleared both chambers of Congress and is headed to the president's desk.
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.
Everything from the stock market to Social Security payments could be jolted if the U.S. defaults on its obligations.
Even a short default could wipe out more than a million jobs, especially in parts of the U.S. that depend on federal spending.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
The U.S. may be unable to pay its bills within weeks if Congress does not raise or suspend the debt ceiling.
The United States is expected to reach its debt limit on Thursday.
House members are headed back to the Hill to push through a raise on the nation's debt ceiling.
For all the commotion -- some would say insanity -- that Washington created over the fiscal cliff these last few weeks, you'd think final approval of a bill late Tuesday night to avoid the cliff would mark lots of changes in tax rates for average Americans. Not so.
Grover is the ultimate in single interest constituencies in Washington. He is not accountable to anybody. He does not disclose who funds him, who pays him to do what he does or how much he is paid to blackmail GOP Members of Congress to sign his pledge not to raise taxes.
The debt ceiling crisis is over. The Senate passed a bill of compromise that the House approved last night and President Barack Obama has signed it.
During a Monday, closed-door caucus meeting on the debt ceiling, Congressman Mike Doyle, from Pennsylvania, likened negotiating with Republican Tea Party members to dealing with terrorists, to which Vice President Joe Biden was said to agree.
KDKA AM's Larry Richert and John Shumway talk to Congressmen Jason Altmire (D) and Tim Murphy (R) about the debt ceiling deal.
Local members of Congress disagree on how important it is to raise the debt ceiling by August 2.
Residents in Butler County got together Saturday evening for what they called the Red, White and Blue Revival.
Russell Wilson slogged through a forgettable preseason debut in Pittsburgh.
A motive for the shooting may never be known, Stow police Chief Jeff Film said Thursday during a news conference.
A new study says Pennsylvania drivers get pulled over and are cited by state police at roughly comparable rates no matter their race or ethnicity.
It was the fifth consecutive loss for Seattle, which began the day in second place in the AL West.
Residents in Butler County got together Saturday evening for what they called the Red, White and Blue Revival.
Russell Wilson slogged through a forgettable preseason debut in Pittsburgh.
A motive for the shooting may never be known, Stow police Chief Jeff Film said Thursday during a news conference.
A new study says Pennsylvania drivers get pulled over and are cited by state police at roughly comparable rates no matter their race or ethnicity.
It was the fifth consecutive loss for Seattle, which began the day in second place in the AL West.
In North Carolina, Harris took note of falling inflation but added, "Still, we know that many Americans don't yet feel that progress in their daily lives."
The Butler County native has been in Russian prison since 2021.
A local sniper likely saved lives at former President Donald Trump's rally in Butler Township last month when his single shot hit the gunman.
A Pennsylvania congressman who was on the ground in Butler Township for three days submitted his preliminary report to the U.S. House task force investigating the attempted assassination of former President Donald Trump.
Trump has not appeared at an outdoor rally since mid-July, when a gunman took several shots, grazing his ear.
New requirements from the FDA could impact your medicine cabinet, your shower routine and even your skin.
Want to check the latest product recalls, click here!
New requirements from the FDA could impact your medicine cabinet, your shower routine and even your skin. KDKA-TV's Meghan Schiller has more.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
Financial expert, YouTuber and author Rachel Cruze has some tips for making a budget before going back to school shopping. She says it can really help to eliminate overspending.
That's a wrap for this week on PTL!
As football season gets underway, we're taking a look back at some of the very first Women of Steel. Did you know the Pittsburgh Steelers once had cheerleaders. We're chatting with two of the Steelerettes.
The inaugural Iron City Car Cruise is rolling into Creighton this weekend. Daisy Jade has a preview.
This weekend's PNC Park Family Fun Day has a very special message. The Neighborhood Ford Store, Pirates Charities, Quilt for the Cure, Glimmer of Hope and the AHN Chill Mobile are giving children the chance to make a difference one square at a time.
The Dubai Chocolate Bar is taking social media by storm. Sharmaine Stock, of Mainely Dipped, knows the secrets behind these sweet treats and she's in the kitchen to show us too.
New requirements from the FDA could impact your medicine cabinet, your shower routine and even your skin.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
Smoke and vape shops seem to be popping up everywhere you look these days, and not everyone is happy about that.
Is the Gainey administration fulfilling its promise to create new affordable housing in Pittsburgh?
Gov. Josh Shapiro signed legislation aimed at saving pharmacies from going out of business.
The CDC said the outbreak is linked to turtles with shells less than four inches in length.
Dental care should be part of your child’s back to school routine. Pediatric dentist Dr. Erin Issac joins Talk Pittsburgh with some tips for parents.
Parents and other caregivers urged to stop using loungers linked to 5 fatalities and an infant bed tied to 1 death.
The creeks around East Palestine, Ohio, were so badly contaminated by last year's disastrous Norfolk Southern derailment that some workers became sick during the cleanup.
Hundreds of thousands of the tiny wind-soaring and itch-inducing critters can fall from trees every day and are packed with a venom that can paralyze prey 166,000 times their size.
Russell Wilson slogged through a forgettable preseason debut in Pittsburgh.
It was the fifth consecutive loss for Seattle, which began the day in second place in the AL West.
The team is looking to keep its unbeaten streak alive!
The Pirates DH left Friday night's game with an injury.
Paul Skenes struck out six and ended a four-start winless streak, and the Pittsburgh Pirates snapped a 10-game skid with a 5-3 win over the Seattle Mariners.
Wawa broke ground in West Virginia, moving into an area where rival Sheetz already operates dozens of stores.
Some Rue21 stores, including two in the Pittsburgh area, are reopening under new ownership.
The Steelers' annual training camp in Latrobe has had a big economic impact these last few weeks.
Videoboards are being added to the stadium among other improvement projects.
"We have to make sure our downtown is spruced up and ready to welcome all these visitors."
There were 37 bids for the iconic hat won by Harrison Ford, who played the intrepid archaeologist, Indiana Jones, according to the auction house Propstore.
Céline Dion shared an inside look at the lead-up to her spectacular performance during the 2024 Paris Olympics' opening ceremony.
Gates open at 9 a.m. on Saturday and Sunday.
Gena Rowlands, hailed as one of the greatest actors to ever practice the craft, died at 94 on Wednesday, her representatives confirmed.
Kaley Bastine got quite the surprise of her own during the event aimed at raising money for the department.
Residents in Butler County got together Saturday evening for what they called the Red, White and Blue Revival. KDKA-TV's Ross Guidotti reports.
Get the latest weather updates with First Alert Meteorologist Kristin Emery's forecast.
Pittsburgh Regional Transit has announced they'll be installing more than 80 state-of-the-art ticket vending machines at stations in the city.
A man dropped off a undernourished dog at Fayette Friends of Animals earlier this week after hours and the shelter is trying to identify him.
A woman's body was found in Aliquippa on Saturday morning by a man walking his dog and now state police are investigating it as a homicide. KDKA's Chilekasi Adele has the latest from the scene.
The northern lights and the Perseid meteor shower were spotted in the Pittsburgh area on Monday.
The driver of a truck smashed into an overpass on Route 40 in Washington County on July 31, 2024.
The Pittsburgh Steelers have reported to Saint Vincent College in Latrobe for another summer of training camp action.
KDKA-TV had a busy day on Friday at Picklesburgh in Downtown Pittsburgh.
Cranberry Township police asked all residents to shelter in place and lock their doors while they searched for a "suspicious person."