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Money
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.
3 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.
3 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.
3 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.
3 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.
3 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.
3 years ago
The U.S. national women’s soccer team wins $24 million in equal pay settlement
The team filed a class action lawsuit against the U.S. Soccer Federation, saying women's team members were paid thousands of dollars less than the men at nearly every level.
3 years ago
The IRS is assigning more workers to deal with a huge backlog of tax returns
Smaller budgets, fewer employees and increased duties have led to taxpayer frustration this filing season. The IRS is establishing a "surge team" to help with the backlog.
3 years ago
Inflation has many retirees worried about outliving their savings
The highest inflation since the 1980s has many retirees scared. Their retirement nest eggs will be in peril if it persists over the long term.
3 years ago
Philly is poised to become the first U.S. city to run its own bank
Supporters say public banking will boost Black and brown businesses and spur investment in disadvantaged areas.
3 years ago
Why we’ll probably see avocado prices rise soon in the U.S.
Earlier this week, the U.S. Department of Agriculture put a temporary suspension on avocados from Mexico after an inspector received a threat. Experts say it might lead to a c
3 years ago
Accusations of ‘greenwashing’ by big oil companies are well-founded, a new study finds
Chevron, ExxonMobil, BP and Shell used terms like "climate" and "low-carbon" more frequently in annual reports, but their actions on clean energy didn't match their words.
3 years ago
The economy is strong, but inflation drags on
Philadelphia Fed President Patrick Harker and Moody's Analytics' Mark Zandi discuss inflation and why many measures of the American economy are looking bright.
Air Date: February 16, 2022 10:00 am
Listen 49:00It’s not just home prices. Rents rise sharply across the U.S.
Renting a place to live is getting a lot more expensive, according to a survey that tracks rental listings across the biggest 50 U.S. cities.
3 years ago
Philly extends freeze on residential water shutoffs, offers virtual utility fairs
PWD and PECO will host virtual seminars through February and March to help customers get started with applications for assistance.
3 years ago