
Money
‘A return to normal’: New report shows silver lining for renters in Philadelphia
Prices remain high, but aren’t growing at the rate they were during the pandemic.
2 years ago
Organic food supplier to shutter its South Jersey distribution center
The Providence, Rhode Island-based business decided to consolidate its warehouse operations.
2 years ago
Philly-area job recovery outpaces New York City, D.C., and Baltimore
Even leisure and hospitality, which has been slower to recover since the pandemic began, has seen a full recovery.
2 years ago
Meta takes aim at Twitter with the launch of rival app Threads
Meta unveiled an app to rival Twitter on Wednesday. Called Threads, the new offering is billed as a text-based version of Meta’s photo-sharing app Instagram.
2 years ago
Realtors see yet another spike in home prices across Pennsylvania, New Jersey, and Delaware
In the past five years, the median sale price for a home in Pa. nearly doubled, data from the state realtors association shows.
2 years ago
Philly jobs market bounced back but business bankruptcies start to creep higher since COVID-19
Pew Charitable Trusts in Philadelphia has been tracking economic indicators related to the COVID-19 pandemic for the past three years. Here’s what they found.
2 years ago
Elkins Park medical marijuana dispensary workers vote to unionize
The medical marijuana industry across Pa. generates $7.3 billion in retail sales. Workers say they want more than $17 an hour, and have voted to unionize.
2 years ago
Wilt Chamberlain’s Philadelphia Warriors rookie home uniform sells at auction for $1.79 million
SCP Auctions says the jersey and shorts that Chamberlain wore during the 1959-60 season were sold to filmmaker Rob Gough.
2 years ago
Marijuana dispensaries push back against Philly’s recreational zoning ban
Medical marijuana dispensary operators say zoning that prohibits recreational sales in some Philly neighborhoods would curb economic growth.
2 years ago
Listen 1:09It’s almost time to resume student loan payments. Not doing so could cost you
More than 40 million Americans will have to start making federal student loan payments again at the end of the summer.
2 years ago
Fed keeps rates unchanged for first time in 15 months but signals 2 more potential hikes this year
Top Fed officials want to take time to more fully assess how their rate hikes have affected inflation and the economy.
2 years ago
Discount retailer Forman Mills lays off 119 employees due to ‘economic circumstances’
Attorneys say Forman Mills did not offer 90 days’ notice for the mass layoff and workers are owed millions in severance.
2 years ago
To buy, or not to buy? Philly’s weak housing market is serving up a mix of emotions
With high mortgage rates and overvalued home prices, some tenants and homeowners are staying put — while others are taking the plunge.
2 years ago
Listen 4:00Odunde is more than a celebration of African culture; officials say international trade is next
About two dozen business owners, ambassadors, and economic development leaders gathered to discuss how to work better together during the African Business Roundtable.
2 years ago
Listen 1:41Philly nonprofit to help small businesses buy property
The Enterprise Center has a new revolving loan pool earmarked for minority owned small businesses making a major capital investment.
2 years ago
Listen 1:28