Money
Workers at five Atlantic City casinos cash in on new four-year deal
Workers at five of Atlantic City’s largest casinos have approved a new contract that gives them a “significant” raise.
4 years ago
Crypto plunge is cautionary tale for public pension funds
The plunge in prices for Bitcoin and other cryptocurrencies provides a cautionary tale for the few public pension funds that have dipped their toes into the crypto pool.
4 years ago
Musk abandons deal to buy Twitter; company says it will sue
Musk’s tumultuous $44 billion bid to buy Twitter is on the verge of collapse — after the Tesla CEO sent a letter to Twitter’s board saying he is terminating the acquisition.
4 years ago
Summer tourism booming in Rehoboth Beach amid inflation concerns and short-staffing
Delaware beach tourism is on the rise as the summer season gets into full swing. But some businesses are still searching for workers, and grappling with rising prices.
4 years ago
The barista uprising: Coffee shop workers ignite a union renewal
Baristas at Starbucks as well as indie coffeehouses have driven a surge in organizing. They see their activism as benefiting not just themselves, but working people broadly.
4 years ago
Center City businesses are rebounding from pandemic, report finds
A new report finds that heavy foot traffic has helped Center City businesses recover from the pandemic.
4 years ago
Last-minute deal averts casino strike in Atlantic City
A Sunday strike deadline remains against the Hard Rock casino, but the new pacts appear to greatly increase the likelihood of a deal getting done with Hard Rock as well.
4 years ago
Refunds to PGW customers for high May bills could cost $12 million — and counting
The high bills were due to a weather “adjustment,” criticized for insulating the utility from the risks of climate change, while customers foot the expense.
4 years ago
Stocks rally, driving Wall Street to a rare winning week
Stocks rallied on Wall Street Friday, sending the S&P 500 up 3.1% for its best gain in two years.
4 years ago
The wage tax is Philadelphia’s single biggest bucket of revenue, bringing in more than $1.5 billion annually.
4 years ago
Fed attacks inflation with its largest rate hike since 1994
The move the Fed announced after its latest policy meeting will increase its benchmark short-term rate, which affects many consumer and business loans.
4 years ago
Black-owned businesses are booming in New Jersey. But there’s a catch
Black-owned businesses are rebounding in the Garden State. But they still lack access to capital in a way their white counterparts do not.
4 years ago
Listen 4:34Summer air travel could be expensive and chaotic. Here’s how to avoid trouble
Air travel demand is back to pre-pandemic levels, while fares are soaring. Staffing shortages leave airlines with little wiggle room when bad weather hits.
4 years ago
Wall Street enters a bear market as the S&P 500 dives 3.9%
Wall Street entered a bear market Monday as the S&P 500 sank 3.9%, bringing it more than 20% below the record high it set in January.
4 years ago
Union to vote on authorizing Atlantic City casino strike
Local 54 of the Unite Here union will decide whether to authorize union leadership to call a strike against any or all of the nine casinos.
4 years ago











