Money
U.S. added 431,000 jobs in March in sign of economic health
The government’s report showed that last month’s job growth helped shrink the unemployment rate to 3.6%. That’s the lowest rate since the pandemic erupted two years ago.
2 years ago
Europe has designs on making the ‘fast fashion’ industry more sustainable
Under the proposal, the European Commission would set new durability standards and require companies to include how sustainable and recyclable a clothing item is on its label.
2 years ago
Federal Trade Commission accuses Intuit of deceptively advertising TurboTax as free
In a court filing, the agency says that ads claimed TurboTax was "Free Guaranteed," but many people end up paying for the software to file their taxes.
2 years ago
The monthly tip income factored in the minimum wage employers can pay will go up to $135 soon. But it still doesn’t mean a paycheck you can live on.
2 years ago
Powell says Fed will hike further and faster if necessary
Powell's message was more hawkish than his comments were after last week's Fed meeting.
2 years ago
Atlantic City casinos ‘bullish’ on growth for the rest of the year
There is a hope that revenue for Atlantic City casinos continue upward towards pre-pandemic levels by spring.
2 years ago
Fed begins inflation fight with key rate hike, more to come
The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the 1970s.
2 years ago
Wanted: More money, more meaning, less burnout. What’s fueling the Great Resignation
November saw a record-breaking 4.5 million people leave their jobs, including 143,000 Pennsylvanians.
2 years ago
Listen 5:15McDonald’s, Starbucks, Coke, Pepsi join exodus out of Russia
McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric all announced they were suspending their business in Russia in response to the country’s invasion of Ukraine.
2 years ago
Gas prices hit record highs in Pennsylvania, New Jersey
Gas prices in New Jersey and Pennsylvania hit all-time highs over the weekend amid tight worldwide oil supplies and increased demand.
2 years ago
Russia’s credit rating is cut to junk, and the dollar hits a new high vs. the ruble
Both the dollar and euro again hit all-time highs against the ruble on Moscow's currency market Thursday, according to Russia's state-run Tass media.
2 years ago
Target is raising its minimum wage to as much as $24 an hour
The retail giant currently pays a $15-per-hour starting wage, but said it would raise it to as much as $24.
2 years ago
UPS cuts wages more than 20% for hundreds of part-time Philly workers, taking them by surprise
The teamsters union says the pay reduction was illegal.
2 years ago
Stocks are in turmoil as Russia invades Ukraine. Here are 4 things to know
Stocks staged a remarkable recovery after plunging earlier, underlining just how volatile conditions are after Russia invaded Ukraine.
2 years ago
Report: Atlantic City casino smoking ban may cost 2,500 jobs
The Casino Association of New Jersey commissioned the report, which determined that smokers, who account for 21% of Atlantic City gamblers, are worth more to casinos.
2 years ago