
Money
La Colombe acquired by Chobani in $900 million deal
The coffee roaster and retailer founded in Philly in ‘94 operates 32 stores around the country.
2 years ago
Inflation continues to moderate thanks to a big drop in gas prices
Consumer prices rose 3.1% in November from a year ago, marking a more moderate pace of inflation thanks in large part to falling gasoline prices.
2 years ago
Former Eagles player Malcolm Jenkins on money, social justice, and grit in Philly
Malcolm Jenkins discussed the concepts of money, social justice, and grit — all of which have guided him to financial and professional success.
2 years ago
Listen 1:59Monthly rents in Philly remain historically high despite slight decrease
Rents took off in the wake of pandemic shutdowns and have only started to soften.
2 years ago
Not enough homes to buy before the holidays — it’s still a seller’s market in Pa. Here’s why
The volume of home sales across Pennsylvania were down 20% compared to October 2022, but that’s not because there aren’t interested home buyers.
2 years ago
Listen 1:23‘You have to be patient’: Black Friday shoppers line up for deals at Christiana Mall
More than 130 million people were expected to take advantage of discounts on the traditional shopping day — and some also found ways to give back.
2 years ago
Why are sales so hard to resist? Let’s unravel this Black Friday mystery
The human brain has to really fight the lure of a discount. Companies know this and use many tricks to push our buttons. But there's a way to outsmart them.
2 years ago
Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike
Since launching the most aggressive series of rate hikes in four decades in March 2022 to fight inflation, it has pulled back and has now raised rates only once since May.
2 years ago
‘A deep freeze’: Mortgage rates and home prices are sidelining Philly homebuyers
Economists say that’s not likely to change for a few more years.
2 years ago
Major U.S. pharmacy chain Rite Aid files for bankruptcy
The DOJ in March alleged that Rite Aid knowingly filled hundreds of thousands of unlawful prescriptions for controlled substances from 2014 to 2019.
2 years ago
‘Focused on growth’: Philly workshop offers Black entrepreneurs tips on expanding their businesses
The one-day intensive hosted by Mom Your Business included panels, networking, and technical support.
2 years ago
Philadelphia ranks No. 5 in the nation for downtown foot traffic recovery since 2019
Philadelphia’s Center City District staff explored economic recovery metrics, such as foot traffic, in 26 cities nationwide.
2 years ago
Men still control 73% of board seats of Philly region’s biggest publicly traded companies
There are only three women CEOs at the top 100 publicly traded companies in the Philadelphia region, according to a PwC analysis for the Forum of Executive Women.
2 years ago
Listen 1:07How the UAW strikes could impact car shoppers
Historic as the UAW strikes may be, analysts say the actions are unlikely to impact car prices too much — for now.
2 years ago
How the UAW strike could have ripple effects across the economy
There are several ways the unprecedented United Auto Workers strike could hit the economy, but it will depend on how long the strike lasts and how many plants are affected.
2 years ago