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On Point

Go behind the headlines: From the economy and healthcare to politics and the environment - and so much more - On Point talks with newsmakers and real people about the issues that matter most. On Point is produced by WBUR for NPR.

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Money

Wilt Chamberlain, the towering Philadelphia Warriors center, stretches for a basket against the Los Angeles Lakers, Feb. 28, 1961 at the Philadelphia Arena
History
Philadelphia
Sports

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

Close-up of Philadelphia City Councilmember Brian J. O'Neill
PlanPhilly
Business
Government
Neighborhoods
Philadelphia

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 1:09
Columbia University class of 2020 graduates pose for photographs on Commencement Day on Wednesday, May 20, 2020, in New York.
Higher Education
National
Personal Finance

It’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

Federal Reserve Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting, Wednesday, June 14, 2023, at the Federal Reserve Board Building in Washington
Economy
Government
National

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

Near the intersection of North Broad Street and West Lehigh Avenue sits a Forman Mills discount department store that anchors a shopping plaza.
Business
Employment
New Jersey
Philadelphia

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

Rowhouses in Center City.
PlanPhilly
Housing
Philadelphia
Real Estate

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 4:00
Noel Diarra speaks in front of several people gathered around a roundtable.
Economic Development
Economy
International
Philadelphia

Odunde 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 1:41
Della Clark speaks at a podium.
PlanPhilly
Business
Philadelphia
Real Estate

Philly 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
Construction workers work on a scaffolding.
NPR
Economy
Employment
National

Amazingly, the U.S. job market continues to roar. Here are the 5 things to know

Employers added a whopping 339,000 jobs last month, a stunningly strong number. Here are some of the key takeaways of the country's red hot labor market.

2 years ago

Jaqueline Benitez pushes her cart down an aisle as she shops for groceries.
NPR
National
Personal Finance

3 ways to protect your money if the U.S. defaults on its debt

Personal finance experts say you should prepare for a possible debt default as you would a recession.

2 years ago

Schuylkill Expressway
Business
Philadelphia
Travel

Philly 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 1:41
A look down a street in Center City, Philly.
PlanPhilly
Housing
Philadelphia
Real Estate

Philly 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 1:11
A for sale sign is visible on a street in Fishtown, Philadelphia.
Business
Housing
Real Estate

Home 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

A technician is working on a machine in a factory
Business
Economic Development
Economy
Employment

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.

3 years ago

3M logo at New York Stock Exchange
Business
National

3M fires company executive for inappropriate conduct weeks after promotion

3M has fired prominent executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the company announced on Monday.

3 years ago

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