
Money
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 1:28Philly businesses prepare for big crowds Memorial Day weekend
Memorial Day weekend travel projections show that demand for tourism will be high this summer.
2 years ago
Listen 1:41Philly is among only 4 metro areas where buying a home is cheaper than renting
New research from Redfin compared the estimated median monthly mortgage payments to estimated median monthly rent payments.
2 years ago
Listen 1:11Home prices across Pennsylvania, New Jersey, and Delaware continue to climb
Realtors across the tri-state region say homebuyer demand remains strong despite a steady hike in the cost to purchase a home, recent housing data shows.
2 years ago
Philly Fed: Manufacturing slump lingers across the region
The Philadelphia Federal Reserve’s monthly survey of manufacturers found that activity in the region continued to decline for the ninth time in a row.
2 years ago