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Federal Reserve holds rates steady. Here's the financial impact.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
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The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
In its last rate decision of 2023, the central bank said it is holding its benchmark rate steady amid cooling inflation.
As Americans collected government aid and saved, new numbers show household wealth surged during the pandemic.
As Americans collected government aid and saved, new numbers show household wealth surged during the pandemic.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
House prices just ended a 10-year streak, marking the first monthly year-over-year price drop since 2012.
A new economic report could pressure the Federal Reserve to raise interest rates again.
The U.S. Census Bureau said retail sales surged 3% in January. That surpasses the 1.8% economists had estimated, and it follows a slight decline in December.
While the central bank is slowing its rate increases, Jerome Powell told investors not to expect lower rates this year.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
The Federal Reserve boosted interest rates again in a move to slow the inflation rate.
The Federal Reserve, as expected, announced it is raising interest rates by three-quarters of a percentage point to help tamp down inflation. CBS News' Tanya Rivero and Christina Ruffini get analysis of the economic and political impact from Ted Rossman, senior industry analyst at Bankrate.com; CBS News political correspondent Caitlin Huey-Burns; and Michelle Singletary, Washington Post personal finance columnist.
If we are headed for a recession, here's what you need to know to protect your pocketbook.
If we are in fact headed for a recession, what are some things you can do to make sure you "recession-proof" yourself? KDKA's John Shumway has some advice.
The rise in the federal funds rate, which is what banks charge each other for overnight loans, comes as several significant pieces of economic data are released this week.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
The Fed could lift rates by 0.75-percent.
The expected 0.75-percent boost would be the biggest since 1994. KDKA's Lindsay Ward has the story.
It will be the largest rate hike in more than two decades, so why is the Federal Reserve making this move?
For the second time since 2018 the Federal Reserve is expected to hike interest rates. KDKA's Lindsay Ward has the details and how this will impact your wallet.
The Federal Reserve is working to mitigate the financial fallout from coronavirus and that includes lowering mortgage rates.
The U.S. Federal Reserve slashed its benchmark interest rate by a full percentage point in a response to the COVID-19 outbreak.
Let's get the conversation started with Heather, Mikey, Kelly and Boaz! Click for more information about today's guests!
A restaurant in Downtown Pittsburgh was ordered to close for the second time this year.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
NASA is canceling a water-seeking moon rover because of cost overruns and launch delays.
The gunman, Thomas Matthew Crooks, opened fire from the roof of a building near the rally, hitting Trump in the right ear.
A restaurant in Downtown Pittsburgh was ordered to close for the second time this year.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
The public will pay their respects to Corey Comperatore on Thursday.
NASA is canceling a water-seeking moon rover because of cost overruns and launch delays.
The gunman, Thomas Matthew Crooks, opened fire from the roof of a building near the rally, hitting Trump in the right ear.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
The gunman, Thomas Matthew Crooks, opened fire from the roof of a building near the rally, hitting Trump in the right ear.
Many questions remain about the possible motive and political views of the 20-year-old who tried to assassinate former President Donald Trump.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
Millions of Americans absorbed a dizzying political news cycle this past weekend, a series of extraordinary headlines for an already divided electorate.
A restaurant in Downtown Pittsburgh was ordered to close for the second time this year.
Want to check the latest product recalls, click here!
A Pittsburgh doctor explains the dangers of expired car seats.
The health department issued a consumer alert for Coraopolis Cash Market,
Fans looking for tickets to the game will need to buy season tickets, a mini-plan, or group tickets.
Pittsburgh Magazine's Sean Collier was here with some friends from Vigilance Theater, to tell you how you can get involved in their upcoming murder-mystery show.
Pick-Your-Own-Farms is where you can harvest buckets of berries for yourself, which have become a family tradition for many. We learned about five local farms that your kids will love from Kidsburgh's Yu-Ling Behr.
From elegant evening soirees to causal beach celebrations, Daisy was at Macy's to show us how to dress to impress for every type of wedding.
Pittsburgh area muralist Kyle Holbrook joined the show to talk about his upcoming journey to Paris for the Olympic Games!
Daisy joined us this morning from Spiritzery, Pittsburgh's newest pop-up bar. It's been popping up all over social media.
Gov. Josh Shapiro signed legislation aimed at saving pharmacies from going out of business.
The Pittsburgh Bureau of Police is initiating new patrols Downtown focused on smoke shops and the street activity around them.
Columbia Gas wants to abandon service to the Burhan-Crouse Funeral Home.
Leaders in Pittsburgh have taken the first step toward preventing the random Downtown attacks the city has seen on innocent people.
Pittsburgh's public safety director said the system fails to address the underlying problems of homelessness, addiction and mental illness.
Health challenges like cancer and heart attacks have knocked down Ronald Davis, but he continues to not just get back up, but keep moving.
Nearly 7,000 pounds of hot dogs were produced and distributed without being inspected, federal government says.
In the aftermath of the assassination attempt on former President Donald Trump, medics, doctors, and nurses jumped into action to treat the wounded.
A Baldwin resident has been hospitalized with Allegheny County's first human case of West Nile virus this year.
Rite Aid, which has already closed hundreds of stores, is shutting more locations in Michigan and Ohio.
The Pirates will start the season on the road but will face the Yankees in their first homestand in 2025.
Rob King steps in for long-time play-by-play analyst Bill Hillgrove who retired in February.
The Steelers signed their 2016 seventh-round pick, linebacker Tyler Matakevich, to a one-year contract.
Pitt and men's basketball coach Jeff Capel have agreed to a contract extension that runs through at least the 2029-30 season.
A Pittsburgher is going to the 2024 Paralympic Games in Paris.
NASA is canceling a water-seeking moon rover because of cost overruns and launch delays.
A lifelong Pittsburgher has been named the new general manager of Kennywood.
The multi-year partnership begins this season.
KDKA-TV talked exclusively with Takahiro Mori, vice chairman of Nippon Steel and the head of its global operations, about the proposed deal.
The popular Pittsburgh spot was praised for its pepperoni size and its unique crust.
"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.
Shannen Doherty had been battling cancer since 2015.
Richard Simmons devoted his life to making people sweat with his "Sweatin' to the Oldies" workout videos.
Pittsburgh area muralist Kyle Holbrook joined the show to talk about his upcoming journey to Paris for the Olympic Games!
Coming up on PTL ... Picklesburgh! (7/18)
KDKA Barry Pintar and Mary Ours are picking the pickled-foods they plan to try at Picklesburgh.
Today on Talk Pittsburgh (7/18)
Stay on top of local weather with meteorologist Mary Ours’s forecast!
Cranberry Township police asked all residents to shelter in place and lock their doors while they searched for a "suspicious person."
People in the Pittsburgh area are cleaning up after storms rolled through on Wednesday.
To celebrate a company-wide Community Day, KDKA held a food donation drive for the people who need the most help in our area. The Talk Pittsburgh team loaded the donations up and took them over to Jubilee Kitchen. Here's a look!
Residents in Western Pennsylvania are cleaning up after storms rolled through the region on Monday.
Pro-Palestinian protesters set up a new encampment at the University of Pittsburgh.