Money
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
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 1:23It’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
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‘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
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 1:17Burger 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
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 1:05Capital 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
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
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 1:06Thousands 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
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
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
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.
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