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Marketplace focuses on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. It is noted for its accessible coverage of business, economics and personal finance.
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Marketplace

Marketplace focuses on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. It is noted for its accessible coverage of business, economics and personal finance.

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Money

Jerome Powell
NPR
Business
Economy
National
Personal Finance

Federal Reserve holds interest rates steady, projects 3 rate cuts later this year

While inflation has cooled significantly over the last year, recent measures show prices are still climbing faster than the central bank would like.

2 years ago

A transformer station.
PlanPhilly
Energy
Government
Pennsylvania

Pa. pauses distributing cash grants for heating bills amid federal budget delay

The state is continuing to accept applications and distribute crisis grants to households at immediate risk of losing heat.

2 years ago

Listen 1:23
Employees of Goodbody & Co. work at the stock brokerage's headquarters in Manhattan, N.Y., circa 1965.
NPR
Economic Development
Gender
National

It’s Equal Pay Day. Women earn 84 cents for every dollar men make — or even less

Women working full time, year-round earn 84 cents for every dollar men make, inching up from 83.7 cents last year, according to the latest numbers from the Census Bureau.

2 years ago

FILE - Billionaire philanthropist MacKenzie Scott arrives at the Vanity Fair Oscar Party, March 4, 2018, in Beverly Hills, Calif.  Scott publicized some $2.1 billion that she's made in charitable donations since November 2022, in a post Wednesday, Dec. 6, 2023, on her website Yield Giving.(Evan Agostini/Invision/AP, File)
Business
Employment
Philadelphia

A West Philly ‘career matchmaker’ nonprofit gets a $4M surprise

The West Philadelphia Skills Initiative didn’t apply for a grant from billionaire MacKenzie Scott of Amazon fame — her team discovered it.

2 years ago

Listen 1:06
A building with a sign that reads PECO
Energy
Infrastructure
Philadelphia

‘Fix the mix’: Climate activists want PECO to buy more renewable energy

Climate activists want PECO to add more renewables to its energy sources and say solar and wind energy are cheap enough to make them viable for ratepayers and the environment.

2 years ago

New Jersey Gov. Phil Murphy
Business
New Jersey
Taxes

Businesses give thumbs down to N.J. governor’s proposed transit fee

A top Jersey economist says the governor’s corporate transit fee proposal could hurt the state’s business climate. Business groups agree.

2 years ago

Listen 1:17
A sign advertising Wendy's
Business
Economy
Food & Drink

Burger chain Wendy’s looking to test surge pricing at restaurants as early as next year

The fast food company is looking to test having the prices of its menu items fluctuate throughout the day based on demand.

2 years ago

Small businesses on Baltimore Avenue
Business
Philadelphia

Philly small business grants up to $10K available before COVID-19 relief money runs out

There’s $10.5 million in federal grants available for minority-owned small businesses across Pennsylvania — but time is running out to apply.

2 years ago

Listen 1:05
The logo for Capital One Financial is displayed above a trading post on the floor of the New York Stock Exchange.
NPR
Business
National
Personal Finance

Capital One is acquiring Discover in a deal worth $35 billion

The companies are teaming up, in part, to expand their payment network.

2 years ago

Tanya Morris, CEO of Mom Your Business, speaks to attendees of the Black Business Expo in Philadelphia
Business
National
Philadelphia

Biden-Harris administration touts social justice gains with local small business ‘community loans’

The U.S. Small Business Administration created a new loan to reach further into neighborhoods that are often without access to growth capital.

2 years ago

Condos for sale in the Washington Square West neighborhood of Philadelphia.
PlanPhilly
Housing
Philadelphia
Real Estate

Would-be homebuyers in Philly to face another challenging spring season

The city’s residential housing market is hot, but there’s not much to buy.

2 years ago

Listen 1:06
A Lyft logo is installed on a Lyft driver's car next to an Uber sticker
Employment
Income Inequality
National

Thousands of U.S. Uber and Lyft drivers plan Valentine’s Day strikes

"When one worker rises up," said a spokesperson for Justice for App Workers, "it brings courage to another workers."

2 years ago

A mixture of Hershey's chocolates is displayed in the company's Times Square store
Business
Economy
Food & Drink
Pennsylvania

Record cocoa prices heading into Valentines Day proves to be a headache for sweets king Hershey

Cocoa futures prices have doubled over the past year and hit an all-time high of $5,874 per metric ton on Friday.

2 years ago

Vik Dewan poses for a photo in front of flamingos at the Philadelphia Zoo.
Business
Philadelphia

Back to his banker roots, former Philly Zoo CEO looks to shake some difficult money trees in next adventure

Longtime Philly Zoo CEO Vik Dewan is not retiring. Instead, he wants to crack open obscure funds to increase charitable giving sooner rather than later.

2 years ago

Federal Reserve Chair Powell Holds A News Conference Following The Federal Open Market Committee Meeting
NPR
Economy
Government
National

The Federal Reserve holds interest rates steady but signals rate cuts may be coming

The Federal Reserve held interest rates steady on Wednesday, but indicated that rates could fall in the coming months if inflation continues to cool.

2 years ago

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