Inflation cooled in February, yet remains stubbornly high
The Federal Reserve may face a quandary as it copes with still-high inflation combined with instability in the banking sector.
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The Federal Reserve may face a quandary as it copes with still-high inflation combined with instability in the banking sector.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Despite sky-high inflation, Americans are spending big on things like vacations and cars.
Personal spending rose 1.8% in January, which is typically a sign of a strong economy.
Growth was slower and inflation higher at the end of 2022 than the government initially estimated.
Inflation rose at a 6.4% annual rate last month, driven by rising prices for housing and gasoline.
Valentine's spending is expected to go up year-over-year as consumers expand their gift-giving to friends — and even pets.
U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
Although U.S. inflation has cooled from its peak this summer, some food costs remain unusually high.
Egg costs are soaring as Americans' eating habits change and as a deadly disease wipes out millions of birds.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
The average rate for a 30-year fixed mortgage is now 6.31%.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Punishing inflation is forcing many people to economize this holiday season, while some are skipping gifts altogether.
Price increases are slowing but have a long way to go before hitting the Federal Reserve's 2% target.
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
Thanksgiving weekend used to kick off the holiday shopping season with big sales on Black Friday.
The cold is here and it's sticking around so we have ways to keep your home warm while saving you money.
"Prices will be higher, and we will see flights sell out for both holidays," one travel pro said.
The CPI measures everything from the price of gas to the price of food.
Later this morning, the Consumer Price Index is expected to tell us that inflation is slowing, but not at a rate where Americans are seeing relief. KDKA's Chris DeRose has more.
It appears workers are getting paid more, but inflation may have them feeling like they're getting paid less.
A new government report shows Americans are spending beyond their means.
The Bureau of Labor Statistics released its quarterly index, showing wages have increased but they're not keeping up with inflation.
Popping in an AirPod or putting your headphones on can be for more than just enjoyment; it can help you be more productive.
Agents were seen at 1942 Tacos & Tequila in East Rochester Borough on Wednesday.
Malkin donated $710 per point this past season, and thanks to a match from McDonald's, the total reached $71,000.
While the record-high for April 24 in Pittsburgh is 90, we might get close on Thursday with highs in the mid-80s.
The crash happened around 1 a.m. along East Pittsburgh McKeesport Boulevard.
Popping in an AirPod or putting your headphones on can be for more than just enjoyment; it can help you be more productive.
So many mourners lined up to pay their respects to Pope Francis that the Vatican kept St. Peter's Basilica open all night to accommodate them.
Agents were seen at 1942 Tacos & Tequila in East Rochester Borough on Wednesday.
Malkin donated $710 per point this past season, and thanks to a match from McDonald's, the total reached $71,000.
While the record-high for April 24 in Pittsburgh is 90, we might get close on Thursday with highs in the mid-80s.
Pittsburgh's mayoral race is being fueled by dark money — unlimited amounts of cash spent by PACs on TV attack ads and mailers.
Affordable housing has been one of the issues central to the Democratic primary race for mayor of Pittsburgh.
The U.S. Department of Education says that starting May 5, it'll begin collecting payments for student loans that are in default.
Hundreds of universities and colleges have issued a joint letter condemning President Trump's "political interference" in the nation's education system.
Gov. Josh Shapiro said he will be back in the governor's mansion this week after a man allegedly broke into the house and set it on fire.
The Trump administration's tariffs mean items shipped from China will soon cost consumers much more, experts say.
A recent survey shows summer 2025 is shaping up to be the season of exploration.
When a local company owner heard what happened, he said he wanted to make it right.
A covert camera at the Penn Hills Post Office led to federal criminal charges against Steven Goldwire.
With Mother's Day, Father's Day, Easter, and graduations all on the horizon and an uncertain world of tariffs, how can you save money?
This week's Waiting Child is Gabby.
Sean Collier joined us for another edition of the PTL Weekend Guide!
Rania and Katie are cracking the code on Easter leftovers in today's Cooking with Rania!
A wave of purple and a powerful show of strength is about to take over Pittsburgh. We sat down with a pancreatic cancer survivor and a doctor to talk about the Purple Stride and how you can step up and be a part of it.
In Murrysville Community Park, the Miracle Field has been a place where children with disabilities can step up to the plate and put their love of the game on full display.
Questions are being raised about an aging emergency vehicle fleet in Pittsburgh.
When a local company owner heard what happened, he said he wanted to make it right.
Some Jeannette residents say raw sewage has been flooding down their street for at least a week.
A mom says she's now forced to take on the role of caregiver for her 23-year-old son.
A couple in West Mifflin fears the contractor they hired for a home improvement job might never return.
As we approach the end of April, we're shining a spotlight on Cesarean Awareness Month. We were joined by local author Ruth Fleury, who wrote "Strength in Every Scar: A Mother's C-Section Recovery."
This Wellness Wednesday, we are addressing an issue that's affecting so many Americans: fentanyl. Dr. Natalie Gentile and Dr. Liz Zona joined us for this important conversation.
A wave of purple and a powerful show of strength is about to take over Pittsburgh. We sat down with a pancreatic cancer survivor and a doctor to talk about the Purple Stride and how you can step up and be a part of it.
Pittsburgh is in the top 12 and top 16 for the two worst air quality categories (smog and soot related air quality), worse than last year's report.
UPMC has created a blueprint for treating patients experiencing gruesome side effects from drugs laced with xylazine.
Malkin donated $710 per point this past season, and thanks to a match from McDonald's, the total reached $71,000.
Sydney Sekely has more no-hitters than walks so far this season.
The announcement comes as Oakmont is set to host the U.S. Open for a record 10th time in June.
Oneil Cruz blasted a 463-foot home run to center field — the fourth longest in MLB this season — and Andrew Heaney retired the first 13 batters he faced to help the Pittsburgh Pirates shut down the Los Angeles Angles 3-0.
The group hopes to learn what they can to help make next year's draft in the Steel City the best it can be.
The new location in Regent Square will be opening on May 2.
The owner of 1989 Vintage and Thrift says Construction Junction recycled her idea of an on-site thrift store.
A federal judge has permanently struck down an Ohio law that would have required children and teens under 16 to get parental consent to use social media apps.
Norfolk Southern reached an agreement with one of the two companies it has been trying to force to help pay for the $600 million class-action settlement it agreed to over its disastrous 2023 train derailment near the Ohio-Pennsylvania border and the toxic chemicals that were released and burned.
Since the pandemic, streaming has soared while movie theaters have continued to wane, but what does that mean for the Pittsburgh Film Office?
The 2025 AMA nominations were released on Wednesday, with Kendrick Lamar leading with 10. The awards show will air on May 26.
Rock icon Bryan Adams has announced new North American dates for his ongoing "Roll With The Punches" 2025 tour.
The Steelers are among the four teams as part of a first-of-a-kind collaboration between the NFL and Hasbro toys.
A casting call is out for extras needed when the Hershey biopic comes to film in Pittsburgh.
Mulaney, a three-time Emmy Award winner, rose to fame through his writing career on "Saturday Night Live."
We often turn our headphones on when we need a boost, but did you know that it's been scientifically proven that it can help boost your productivity? John Shumway spoke with a psychologist about how music can give you that boost.
A spokesperson for the FBI says agents were conducting immigration enforcement.
Get the latest weather updates with meteorologist Ron Smiley’s forecast!
Part of East Pittsburgh McKeesport Boulevard was shut down for several hours.
The Lady Eagles are looking to get over the hump this year after coming up one game short of winning a WPIAL title last year.
The crash happened early Friday morning along Park Way.
The annual Pittsburgh Home & Garden Show kicked off on Friday, March 7, 2025, at the David L. Lawrence Convention Center. As is tradition, Pittsburgh Today Live kicked off the show with a live episode!
A school bus slammed into a tree in Butler County on Thursday morning, sending the driver and two students to the hospital.
KDKA-TV is sad to report that retired host and weather forecaster Jon Burnett died of complications from suspected CTE. He leaves behind an incredible legacy.
A fast-moving clipper system is proving Punxsutawney Phil correct this Sunday late afternoon/early evening with some freezing rain/drizzle and light wet snow making roads north of Route 422 and the Pennsylvania Turnpike slippery.
