Money
Philadelphia businesses say they struggle with labor, access to money
Economists forecast that the Philly region will see a “soft landing” instead of an abrupt halt to business in the new year.
4 months ago
Listen 1:19Philly’s homegrown coffee roaster La Colombe to extend its retail reach under Chobani control
La Colombe has a new but familiar owner that just happens to sell coffee creamer. Here’s what to expect.
4 months ago
Listen 1:49La Colombe acquired by Chobani in $900 million deal
The coffee roaster and retailer founded in Philly in ‘94 operates 32 stores around the country.
4 months ago
Inflation continues to moderate thanks to a big drop in gas prices
Consumer prices rose 3.1% in November from a year ago, marking a more moderate pace of inflation thanks in large part to falling gasoline prices.
5 months ago
Former Eagles player Malcolm Jenkins on money, social justice, and grit in Philly
Malcolm Jenkins discussed the concepts of money, social justice, and grit — all of which have guided him to financial and professional success.
5 months ago
Listen 1:59Monthly rents in Philly remain historically high despite slight decrease
Rents took off in the wake of pandemic shutdowns and have only started to soften.
5 months ago
Not enough homes to buy before the holidays — it’s still a seller’s market in Pa. Here’s why
The volume of home sales across Pennsylvania were down 20% compared to October 2022, but that’s not because there aren’t interested home buyers.
5 months ago
Listen 1:23‘You have to be patient’: Black Friday shoppers line up for deals at Christiana Mall
More than 130 million people were expected to take advantage of discounts on the traditional shopping day — and some also found ways to give back.
5 months ago
Why are sales so hard to resist? Let’s unravel this Black Friday mystery
The human brain has to really fight the lure of a discount. Companies know this and use many tricks to push our buttons. But there's a way to outsmart them.
5 months ago
Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike
Since launching the most aggressive series of rate hikes in four decades in March 2022 to fight inflation, it has pulled back and has now raised rates only once since May.
6 months ago
‘A deep freeze’: Mortgage rates and home prices are sidelining Philly homebuyers
Economists say that’s not likely to change for a few more years.
6 months ago
Major U.S. pharmacy chain Rite Aid files for bankruptcy
The DOJ in March alleged that Rite Aid knowingly filled hundreds of thousands of unlawful prescriptions for controlled substances from 2014 to 2019.
6 months ago
‘Focused on growth’: Philly workshop offers Black entrepreneurs tips on expanding their businesses
The one-day intensive hosted by Mom Your Business included panels, networking, and technical support.
7 months ago
Philadelphia ranks No. 5 in the nation for downtown foot traffic recovery since 2019
Philadelphia’s Center City District staff explored economic recovery metrics, such as foot traffic, in 26 cities nationwide.
7 months ago
Men still control 73% of board seats of Philly region’s biggest publicly traded companies
There are only three women CEOs at the top 100 publicly traded companies in the Philadelphia region, according to a PwC analysis for the Forum of Executive Women.
7 months ago
Listen 1:07