
Money
Last-minute deal averts casino strike in Atlantic City
A Sunday strike deadline remains against the Hard Rock casino, but the new pacts appear to greatly increase the likelihood of a deal getting done with Hard Rock as well.
1 year ago
Refunds to PGW customers for high May bills could cost $12 million — and counting
The high bills were due to a weather “adjustment,” criticized for insulating the utility from the risks of climate change, while customers foot the expense.
1 year ago
Stocks rally, driving Wall Street to a rare winning week
Stocks rallied on Wall Street Friday, sending the S&P 500 up 3.1% for its best gain in two years.
1 year ago
The wage tax is Philadelphia’s single biggest bucket of revenue, bringing in more than $1.5 billion annually.
1 year ago
Fed attacks inflation with its largest rate hike since 1994
The move the Fed announced after its latest policy meeting will increase its benchmark short-term rate, which affects many consumer and business loans.
1 year ago
Black-owned businesses are booming in New Jersey. But there’s a catch
Black-owned businesses are rebounding in the Garden State. But they still lack access to capital in a way their white counterparts do not.
1 year ago
Listen 4:34Summer air travel could be expensive and chaotic. Here’s how to avoid trouble
Air travel demand is back to pre-pandemic levels, while fares are soaring. Staffing shortages leave airlines with little wiggle room when bad weather hits.
1 year ago
Wall Street enters a bear market as the S&P 500 dives 3.9%
Wall Street entered a bear market Monday as the S&P 500 sank 3.9%, bringing it more than 20% below the record high it set in January.
1 year ago
Union to vote on authorizing Atlantic City casino strike
Local 54 of the Unite Here union will decide whether to authorize union leadership to call a strike against any or all of the nine casinos.
1 year ago
Gas hits $5 a gallon for the first time. Here’s how it got here and what’s ahead
Gasoline has become more expensive given that oil prices have surged as the world recovers from the pandemic. Russia's invasion of Ukraine has also made things worse.
1 year ago
Inflation soars to an over 40-year high. These are the ways Americans are coping
Consumers are watching their pennies at the gas station and grocery store as prices soar, but continue to spend freely in other areas by tapping savings or credit cards.
1 year ago
No, you’re not imagining it — package sizes are shrinking
Experts say shrinkflation proliferates in times of high inflation as companies grapple with rising costs for ingredients, packaging, and labor.
1 year ago
Digital currencies flow to campaigns, but state rules vary
Cryptocurrency donations have become a big part of fundraising for many candidates running for office across the U.S. But not all candidates can solicit those donations.
2 years ago
Soaring inflation divides spending for haves and have-nots
Americans at the low end of the income rung are once again struggling to make ends meet.
2 years ago
Why Amazon’s wish to reduce its footprint in N.J. will be challenging
A slowdown in online shopping prompts Amazon to rethink the space it has, including a facility it’s closing in South Jersey.
2 years ago