
Money
Starbucks says employees getting new benefits, but not at stores that are unionizing
On an investor call, Schultz said Starbucks was investing $1 billion to raise wages, enhance benefits and modernize stores. But unionized stores won't get some of that.
1 year ago
With property values up 21%, Kenney proposes relief for growing real estate taxes
As anyone currently in the market for a house can tell you, property values in Philadelphia are soaring — and soon, home owners will know exactly how much.
1 year ago
4 things to know as the Fed embarks on its biggest fight against inflation in years
The Federal Reserve is expected to approve its largest interest rate hike in more than two decades this week. Additional rate increases are likely, as the Fed tries to regain
1 year ago
Here are 3 reasons why stocks are tanking
Stocks were pummeled on Friday with the Nasdaq slumping more than 4% to post its worst month since 2008. Why things have gotten so bad in Wall Street.
1 year ago
Tech stocks sink again, Nasdaq has worst month since 2008
The Nasdaq fell 4% for the second time this week and finished April down 13.3%, its biggest monthly loss since 2008.
1 year ago
NLRB sues Starbucks for retaliating against 3 workers involved in unionizing
Federal officials asked the court to have the employees reinstated. At least 28 Starbucks stores across the country have voted to form a union.
1 year ago
Amid high gas prices, N.J. weighs lifting its self-service gas ban
Gas station owners argue the move would help ease a labor shortage and bring prices down, but drivers and politicians are wary of changing the practice.
1 year ago
Pennsylvania’s unemployment rate drops to 4.9%
Pennsylvania's unemployment rate dropped by two-tenths of a point in March to 4.9%, another indication the state's jobs picture continues to strengthen.
1 year ago
Did COVID, remote work, or job changes make paying taxes more confusing? You’re not alone.
1 year ago
Elon Musk is offering to buy Twitter for $43 billion in cash
Musk's offer comes after the Tesla and SpaceX CEO became Twitter's largest shareholder. Musk says he will unlock Twitter's potential.
1 year ago
Philly falls short of local purchasing goals during pandemic
Just 26% of Philadelphia’s spending on goods and services went to local suppliers, well short of the city’s 58% goal.
1 year ago
Philly Fed president calls inflation ‘the 10% elephant in the room’
The former University of Delaware president stressed that the economy has been resilient during the pandemic but war in Ukraine will lead to short-term price hikes.
1 year ago
Elon Musk joins Twitter board after amassing massive stake
Elon Musk is joining Twitter’s board of directors, one day after it was disclosed that the Tesla CEO took a 9% stake in the social media platform.
1 year ago
Impossible to track and sensitive to inflation: Philly ends talks about CityCoin cryptocurrency
Technologists say there are plenty of improvements to be made, but are concerned the group is resistant to change.
1 year ago
Food prices are going up — and at levels Americans haven’t seen in decades
The USDA's latest report found that nearly all major food groups are going up in price.
1 year ago