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Steve Forbes Discusses New Book About The Global Economy
PITTSBURGH (NewsRadio 1020 KDKA) – Does it feel like the money you earn doesn’t go as far as it once did? In his new book, “Money: How the Destruction of the Dollar Threatens the Global Economy – and...
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Pittsburgh Attracting More College Graduates
PITTSBURGH (KDKA) — There was a time in Pittsburgh when young people moved out of the city, in droves. Now though, it appears young people are staying put and more college grads are actually moving...
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Pa. Governor’s Race Heats Up During Weekend Campaigning In Pittsburgh
PITTSBURGH (KDKA) — It is the next to the last weekend of campaigning for the two men who want to live in the governor’s mansion in Harrisburg. Both candidates are in western Pennsylvania this weekend,...
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Wolf’s $1B Drilling Tax Prediction Might Be High
Gov.-elect Tom Wolf might have been off the mark by hundreds of millions of dollars when he said during his campaign that a new severance tax on natural gas drillers would raise more than $1 billion,...
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Governor-Elect Wolf Talks Economic Growth, Other Issues During Pittsburgh Visit
PITTSBURGH (KDKA) — Governor-elect Tom Wolf called a press conference in Pittsburgh Friday, in part, to sing the praises of his first Cabinet appointment from Allegheny County – Dennis Davin as...
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Pain At The Pump: Gas Prices Heading Back Up
PITTSBURGH (KDKA) – Something this good couldn’t last forever. It looks like gas prices are going up. This week prices have climbed, and locally it’s been anywhere from 10-to-15 cents per gallon....
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Giant Eagle Decides To Shutter Good Cents Stores
PITTSBURGH (KDKA) — Another discount grocery store is chain is closing. First, Aldi bought Bottom Dollar stores, and those stores closed last month. Now, Giant Eagle has decided to close its Good Cents...
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St. Patrick’s Day Means Millions Of Dollars In Spending Green
PITTSBURGH (KDKA) – Faith ‘n begorrah, it’s St. Patrick’s Day — and the lads and lassies be having a fine time at the Harp & Fiddle in the Strip District. But, of course, you don’t have to be Irish...
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Governor Visits Tech Shop In Bakery Square To Promote Manufacturing
http://media.pittsburgh.cbslocal.com/CBSPIT_0804201516520060299AA.mp4 PITTSBURGH (KDKA) — It’s called the Tech Shop in Bakery Square — and if that sounds familiar — President Obama was there last June...
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Santa’s Grumpy Assistant To Visit Beaver Co. Museum For Celebration
AMBRIDGE (AP) – A grumpy assistant for Santa Claus who keeps the naughty and nice books is going to be accepting visitors at a western Pennsylvania museum. The Beaver County Times reports Belsnickel...
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Burial Service Set For Embalmed Head Found In Beaver Co.
ECONOMY, Pa. (AP) – A burial service is set a year after a woman’s embalmed head was found in a wooded area in western Pennsylvania. The head was found on Dec. 12, 2014 in Economy, about 15 miles...
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Identity Of Embalmed Head Found In Beaver Co. Still A Mystery
PITTSBURGH (KDKA) – A private burial service was held Saturday for the unidentified embalmed head found in the woods in Beaver County last year. The woman’s headstone will read: Jane Doe – found Dec....
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Wal-Mart To Shutter 269 Stores, 154 Of Them In The U.S.
NEW YORK (KDKA/AP) – Wal-Mart is closing 269 stores, more than half of them in the U.S. and another big chunk in its challenging Brazilian market. The stores being shuttered account for a fraction of...
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Kennametal Scraps Plans For New World Headquarters In Pittsburgh
PITTSBURGH (KDKA) — Earthmovers have been razing the sprawling riverfront site in Hazelwood in anticipation of major new construction. And for the past five months, the city has been trying to secure a...
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Pittsburgh Region Leads In Job Loss In Latest Economic Reports
PITTSBURGH (KDKA) — We’re so used to getting good economic news about this region that hearing some bad news is, well, disturbing. “No place is number one all the time,” says Doug Heuck, director of...
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Prospect Of Trump Presidency Unnerves Companies, Economists
WASHINGTON D.C. (AP) — The prospect of a Donald Trump presidency unnerves businesspeople and economists who see him as a reckless novice who might disrupt trade and a struggling global economy....
View ArticleTrump Calls For ‘New American Moment’ In State Of The Union Address
Follow KDKA-TV: Facebook | Twitter WASHINGTON (AP/KDKA) — Addressing a deeply divided nation, President Donald Trump called for a “new American moment” of unity Tuesday night and challenged lawmakers...
View ArticleTrump Claims U.S. Is ‘Economic Envy Of The Entire World’
Follow KDKA-TV: Facebook | Twitter WASHINGTON (AP) – President Donald Trump is praising new economic data released Friday, saying the U.S. is the “economic envy of the entire world.” Trump is...
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How The Economy Is Playing In Five Close House Races
Follow KDKA-TV: Facebook | Twitter (CNN) — No election happens in a vacuum. All of them play out against the backdrop of whatever’s going on in the economy, and whether voters feel they have more jobs...
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Local Analysts Expect Most 401Ks And IRAs To End Year Down
Follow KDKA-TV: Facebook | Twitter PITTSBURGH (KDKA) – This graph says it all. Photo Credit: (KDKA) The stock market has been a bit like the Phantom’s Revenge roller coaster at Kennywood this year —...
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Economy Residents Putting Up Fight As Fracking Company Trying To Turn...
Follow KDKA-TV: Facebook | Twitter BEAVER COUNTY (KDKA) – “I bought a house in a residential neighborhood. It was never intended to be in an area where there is an industrial site whatsoever.” That is...
View ArticleEconomy Residents To Protest Shale Gas Drilling
ECONOMY (KDKA) — Residents of Economy plan to protest shale gas drilling in the area. PennEnergy Resources petitioned the borough to lift weight restrictions on Amsler Ridge Road, so they can access...
View ArticleStudy: Opioid Crisis Cost U.S. Economy $631B Over 4 Years
WASHINGTON, D.C. (AP)– A new study finds that the opioid crisis cost the U.S. economy $631 billion over the past four years. The Society of Actuaries released its report on Tuesday. It found the...
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‘It’s White-Knuckle Time’: Families Feeling Economic Impact Of Coronavirus
PITTSBURGH (KDKA) – In the wake of the coronavirus scare, folks are hunkering down at home — and that means tough times for restaurants like the Carlton, downtown. “It’s white-knuckle time,” said Kevin...
View ArticleInside Politics With Jon Delano: Congress Rolls The Dice On Economic Stimulus
PITTSBURGH (KDKA) — There is nothing like a national or international crisis to bridge the partisan divide in the U.S. Capitol. Well, maybe. Deciding how to spend $1 trillion to stimulate the economy...
View ArticleCoronavirus In Pennsylvania: State’s Economy Is The 6th ‘Most Exposed’ To...
PITTSBURGH (KDKA) – Pennsylvania’s economy is one of the most vulnerable to coronavirus in the nation, according to a study. WalletHub ranks Pennsylvania’s economy as the sixth “most exposed” to...
View Article‘It’s Not Time’: Pittsburghers Apprehensive About Economy Reopening Too Soon
ALLEGHENY COUNTY (KDKA) — Some Pittsburghers are apprehensive about the economy reopening right now. The progress of the coronavirus pandemic is measured by the new numbers. How many new cases? How...
View ArticleWhat Companies Benefit From Coronavirus?
(CBSNewYork) — Much of the national economy is struggling. Many industries have essentially shut down, hopefully temporarily, as most of society walls itself off from the coronavirus. The economy...
View Article‘Welcome Back,’ But Please Social Distance: Area Malls Staying Cautious About...
ROBINSON TOWSHIP (KDKA) — The greeting inside the door of the Dick’s Sporting Goods store at The Mall At Robinson says “Welcome Back” and encourages customers to socially distance at at least six feet....
View ArticleVice President Mike Pence To Visit Pittsburgh-Area This Week
PITTSBURGH (KDKA) — Vice President Mike Pence is set to visit the Pittsburgh area on Friday. Pence’s office says he will stop in Pittsburgh at Covenant Church and will have lunch at a local restaurant...
View ArticleReport: Pennsylvania’s State Economy Has Some Of The Most Racial Inequality...
PITTSBURGH (KDKA) – When it comes to state economies with the most racial equality, a report ranks Pennsylvania near the bottom of the list. According to WalletHub’s “2020’s State Economies With The...
View ArticleReport: Dr. Rachel Levine Declined To Attend Struggling Restaurant Owners...
HARRISBURG (KDKA) — Restaurants continue to struggle and now they are banding together to ask for financial help from lawmakers in Harrisburg. “It’s about a $5.5 million restaurant just my mortgage...
View ArticleMayor Peduto Meets With Other Pa. City Leaders, Talks Toll Pandemic Is Taking...
By: KDKA-TV News Staff PITTSBURGH (KDKA) — The Pennsylvania Municipal League is talking about the economic effects the coronavirus pandemic has on the state’s municipalities. Leaders from cities across...
View ArticleGov. Tom Wolf, Lt. Gov. John Fetterman Once Again Push For Recreational...
By: KDKA-TV News Staff HARRISBURG (KDKA) – For the second time in less than two weeks, Gov. Tom Wolf and Lt. Gov. John Fetterman are pushing for the legalization of recreational marijuana. The...
View ArticleChief Economist For PNC Looks At Economy In 2021
KDKA's Stacy Smith takes a look at the economic challenges that will confront Joe Biden.
View ArticlePennsylvania’s Unemployment Rate Stable In February As Payrolls And Labor...
HARRISBURG, Pa. (AP) — Pennsylvania’s unemployment rate was stable in February, as the labor force and payrolls both grew as they creep back toward pre-pandemic levels, according to state figures...
View ArticleWalletHub Ranks Pennsylvania As 3rd Worst State For Jobs
By: KDKA-TV News Staff PITTSBURGH (KDKA) – WalletHub ranks Pennsylvania as the third-worst state for jobs. Pennsylvania, sitting at number 48, is only above West Virginia and Kentucky on Wallethub’s...
View ArticleCheck Your Stimulus Check’s Status With The ‘Get My Payment’ Tool
By: KDKA-TV News Staff PITTSBURGH (KDKA) — More stimulus checks are on the way. The IRS says it sent out another 2.3 million payments this week. Some of those checks included more money for people who...
View ArticleInflation Rate Affects People Differently Depending On Their Circumstances
PITTSBURGH (KDKA) – The inflation rate grew in January, up to 7.5 percent over the last year. As money editor Jon Delano reports, the inflation rate affects people differently depending on their...
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Shrinkflation Grows As Manufacturers Downsize Products Without Lowering Prices
PITTSBURGH (KDKA) – The annual inflation rate hit 7.5 percent in January, the highest in forty years, and it’s having consequences on grocery store shelves. As money editor Jon Delano explains, instead...
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