
Money
Philly’s painful and profitable — for some — rental car crunch
After COVID-19 shut down travel for much of 2020, an ensuing rental car shortage is remaking Philly’s summer 2021 plans — and sparking some new businesses.
2 years ago
Listen 1:343 tech giants report combined profits of more than $50B
Three tech companies — Apple, Microsoft and Google owner Alphabet — reported combined profits of more than $50 billion in the April-June quarter.
2 years ago
Philadelphia tax revenue is up, but concerns linger about future finances
The city of Philadelphia is doing better in tax collections, but the group monitoring its money says they aren’t completely back to pre-pandemic levels.
2 years ago
Low pay, no benefits, rude customers: Restaurant workers quit at record rate
Average wages for nonmanagers at restaurants hit $15 an hour in May, but many say no amount of pay would get them to return. They're leaving at the highest rate in decades.
2 years ago
Pa. cracking down on unemployment comp fraud with new ID verification measures
The Department of Labor and Industry announced it had contracted with identity verification service ID.me to screen new applicants.
2 years ago
Rents are out of reach for most Americans earning minimum wage, a study says
Workers simply don't earn enough money to keep up with skyrocketing rental rates across the country, the National Low Income Housing Coalition found in its latest report.
2 years ago
Pa. updated its unemployment compensation system. Then cyber fraud spiked
Unemployment benefits fraud is on the rise after Pennsylvania unveiled a new online filing system.
2 years ago
As travel resumes, PHL airport workers in line for pay boost for health benefits
Philadelphia City Council passed a bill to increase salaries for airport workers to $15.06 an hour, plus $4.54 to go toward health care costs.
2 years ago
South Jersey refinery says cost-mandated fuel credits threaten its survival
New Jersey lawmakers urge EPA to reform renewable-fuels standard for small refiners.
2 years ago
Business should be booming — if only there were enough workers for the job
The Labor Department said Friday that U.S. employers added 850,000 jobs in June, including 194,000 in bars and restaurants.
2 years ago
Good luck finding fireworks. Sales are booming, but a shortage looms
Demand for consumer fireworks is near all-time highs, but logistics bottlenecks are cutting the supply by about 30%, boosting prices and hurting some retailers.
2 years ago
Vote set on allowing bets on New Jersey college sports teams
The measure aims to increase N.J.’s already nation-leading sports betting market by allowing Garden State residents to bet on the state’s teams, including Rutgers, Seton Hall.
2 years ago
Philly to announce first winners of COVID vaccine sweepstakes this week
Every vaccinated person in the city is eligible, but some prizes are set aside for ZIP codes where fewer than 50% of residents have received at least one COVID vaccine shot.
2 years ago
Cargo is piling up everywhere and it’s making inflation worse
A surge in imports is overwhelming transportation networks and testing supply chains, making life hard for small business owners.
2 years ago
How Bitcoin has fueled ransomware attacks
If you're planning a multi-million dollar ransomware attack, there's really only one way to collect — with cryptocurrency.
2 years ago