Money
The U.S. takes emergency measures to protect all deposits at Silicon Valley Bank
Federal officials made the emergency announcement Sunday amid panic from depositors over the state of uninsired deposits.
2 years ago
Silicon Valley Bank failure could wipe out ‘a whole generation of startups’
The implosion of Silicon Valley Bank could force hundreds of tech startups to lay off workers or shut down completely.
2 years ago
What SNAP recipients can expect as benefits shrink in March
More than 80% of SNAP beneficiaries are working families, people with disabilities, or elderly people, according to the U.S. Department of Agriculture.
2 years ago
Super Bowl gambling surging as states legalize it? You bet
The American Gaming Association says over 50 million U.S. adults plan to bet on the game, wagering a total of $16 billion. But most of that will happen off the books.
2 years ago
Fed lifts rate by quarter-point and signals more hikes ahead
Though smaller than its previous hike the latest move will likely further raise the costs of many consumer and business loans and the risk of a recession.
2 years ago
How much will it cost to see Eagles play Chiefs in Super Bowl LVII?
If you want to watch the game in person on Feb. 12 in Glendale, Arizona, it's going to cost you a lot.
2 years ago
Minimum wage workers in New Jersey to get a $1 raise Sunday
The Garden State joins Delaware and New York in getting closer to $ 15-an-hour minimum wage.
2 years ago
Mega Millions Tuesday jackpot surpasses estimated $565M
Lottery officials estimate Tuesday's prize at $565 million — or more than $293 million if delivered in cash — after there were no lucky winners in Friday's drawing.
2 years ago
The Fed continues its crackdown on inflation, pushing up interest rates again
The Federal Reserve raised interest rates by half a percentage point Wednesday, which was a smaller increase than the four previous hikes.
2 years ago
FTX’s Bankman-Fried charged by U.S. for ‘scheme’ to defraud
Bankman-Fried was arrested Monday by Bahamian authorities at the request of the U.S. government.
2 years ago
Former FTX CEO Sam Bankman-Fried arrested in the Bahamas
Bankman-Fried is under criminal investigation by U.S. and Bahamian authorities following the collapse last month of FTX.
2 years ago
Elon Musk set to relaunch Twitter Blue with higher price for iPhone users
The company says it has a new process to avoid the chaos that followed the first attempt. That led to a flood of accounts impersonating companies, politicians and celebrities.
2 years ago
Philly’s $500 million budget surplus could disappear if there is a financial downturn
A new report finds Philly has a sizable budget surplus for the first time in a long time.
2 years ago
Cyber Monday deals lure in consumers amid high inflation
Cyber Monday is expected to remain the year’s biggest online shopping day and rake in up to $11.6 billion in sales.
2 years ago
Here’s how inflation is changing holiday deals and shopping
Shoppers are expected to spend a record amount of money this year because nearly everything is more expensive. There are some relative bargains, if you know where to look.
2 years ago