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Recession

(Photo Credit: CBS)

What Will It Mean To Go Over The Fiscal Cliff?

A serious split Thursday night among House Republicans in Congress meant no deal yet to avoid the fiscal cliff. Members of Congress returned home for Christmas, raising the chances of going over that cliff. But what exactly does that mean?

2012/12/21

Treasury Secretary Timothy Geithner testifies to Congress on the AIG bailout (Photo by Ann Heisenfelt/Getty Images)

Opinion: Auto And Bank Bailouts Prove Effective

On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.

2012/09/11

(Credit: KDKA)

Seasonal Hiring Helps Unemployment Rate

For the first time in two-and-a-half-years the unemployment rate fell to 8.6 percent in November. It’s the lowest since the darkest days of the recession.

2011/12/02

(Photo Credit: KDKA)

Poverty, Wages In Pittsburgh Below National Average

It’s really a good news, bad news story – the tale of how Pittsburgh is surviving this awful economic recession.

2011/09/22

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