The interest rate is the percentage of interest applied to your balance during a certain period, such as each day or each ...

Knowing how to calculate interest on savings accounts can help you predict how much you can earn every month on your balance. You can manually calculate savings account interest using the simple ...

The Federal Reserve just raised the cost of money — bad news for borrowers, good news for savers. The Fed increased its benchmark interest rate Wednesday by a quarter-point, the first rate hike since ...

Pittsburgh Regional Transit said at 7:30 p.m. Tuesday that the rail yard has reopened. Officials said all rail cars remain about 30 minutes behind. PRT anticipates getting back to regular schedule by ...

Pittsburgh Regional Transit is inviting the public to provide feedback for its proposed Bus Line Refresh, which the agency says would increase service and improve access to bus stops across Allegheny ...

As Pittsburgh Regional Transit struggles to secure funding, the agency cannot expect further relief from the state next year. Gov. Josh Shapiro on Sunday signed the state’s $50.8 billion budget for ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

PITTSBURGH — Pittsburgh Regional Transit’s budget for the Fiscal Year 2027 will avoid fare hikes and service cuts, but the organization warns that there are still long-term funding troubles ahead. In ...

Learn about compound interest. Compound interest is an additional money added to an investment, deposit or a loan, calculated based on the principal and the accumulated interest. A compound interest ...

Patrick Damp is a web producer for CBS Pittsburgh. A Pittsburgh native who grew up watching KDKA-TV, Patrick studied journalism at Indiana University of Pennsylvania. After half a decade in sports ...

At their most recent meeting, Federal Reserve officials discussed scenarios in which an interest rate hike might be appropriate, according to minutes of it released Wednesday. "Several" Fed officials ...

Determining what the S&P 500 will do in 2026 is almost impossible and depends on the fate of the U.S. economy, government policy, earnings growth and other trends. Years of soaring inflation, ...