Money

The cost of renting in Philadelphia is lower than many other major cities, but over half of tenants are “cost-burdened.”

The declines come a day after the Federal Reserve raised interest rates by the most in over two decades as it embarks on a high-stakes fight to bring down inflation.

Markets jumped after Fed Chair Jerome Powell said the central bank was not contemplating bigger rate hikes than the half-a-percentage-point increase it delivered on Wednesday.

The increase in the Fed’s key short-term rate raised it to a range of 0.75% to 1%, the highest point since the pandemic struck two years ago.

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.

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.

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

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.

The Nasdaq fell 4% for the second time this week and finished April down 13.3%, its biggest monthly loss since 2008.

Federal officials asked the court to have the employees reinstated. At least 28 Starbucks stores across the country have voted to form a union.

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.

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.

Did COVID, remote work, or job changes make paying taxes more confusing? You’re not alone.

Musk's offer comes after the Tesla and SpaceX CEO became Twitter's largest shareholder. Musk says he will unlock Twitter's potential.

Just 26% of Philadelphia’s spending on goods and services went to local suppliers, well short of the city’s 58% goal.