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Money

A sign seeking to hire laborers is posted outside a concrete products company in Evans City, Pa., Wednesday, May 5, 2021. A bill by Pennsylvania's Republican-controlled Legislature to reinstate work-search requirements for people claiming unemployment benefits cleared the House Labor and Industry Committee on a party-line vote Tuesday. Labor and Industry Committee Chairman Jim Cox, R-Berks, contends that employers are having trouble finding workers, and that they often blame the additional $300 per week in federal unemployment benefits during the pandemic and the lack of a work-search requirement. (AP Photo/Keith Srakocic)
Employment
Pennsylvania
Politics

Pa. GOP wants to restore work-search rule for jobless benefits

Lawmakers suspended the work-search requirement through 2020 amid the pandemic last year, and Gov. Tom Wolf, a Democrat, extended the waiver administratively into this year.

5 years ago

Martin Sizmur, who is in charge of construction for Philadelphia developer Bart Blatstein, shows an illustration of an 8,000-seat domed concert hall to be built next to the Showboat casino, Wednesday, April 21, 2021, in Atlantic City, N.J.
Business
New Jersey
Real Estate

Philadelphia developer has big plans for Atlantic City’s Showboat

“We're going to be the first true year-round family resort in Atlantic City."

5 years ago

In this May 6, 2020 photo, a sign stands outside the Department of Labor's headquarters in Washington.
Economic Development
Employment
Pennsylvania

Pennsylvania promises quicker, easier jobless claims system

It arrives after a series of bungled efforts to replace the system began in 2006 and culminated in a 2017 lawsuit that is still being fought in court.

5 years ago

Philadelphia City Hall
PlanPhilly
Business
Philadelphia
Politics
Taxes

Philly pols eye wage and business tax cuts ahead of next city budget

Philadelphia Mayor Jim Kenney and Councilmember Allan Domb are mulling competing tax cut proposals.

5 years ago

In this April 13, 2014 file photo, the Internal Revenue Service Headquarters (IRS) building is seen in Washington. (AP Photo/J. David Ake, File)
Business
Economy
Taxes

Even with pretax profits, many big companies pay zero U.S. tax

The 55 companies named in the report issued Friday cross many industries, from agriculture to high tech, and they include such big names as Nike and Duke Energy.

5 years ago

(Mark Henninger for Billy Penn)
Keystone Crossroads
Economy
Pennsylvania

Pa. utility shutoffs resume on April 1. Here’s what you can do if you owe

On April 1, utility companies in Pennsylvania can resume terminations of non-paying customers, as the annual winter shutoff moratorium lifts.

5 years ago

High-resolution satellite imagery shows the Suez Canal and the container ship Ever Given that remains stuck north of the city of Suez, Egypt. ScapeWare3d/DigitalGlobe/Getty Images
NPR
Business
Economy
International

Here’s how a long shutdown of the Suez Canal might roil the global economy

One of the world's largest container ships is solidly lodged in the Suez Canal, blocking billions of dollars' worth of commerce each day.

5 years ago

The Delaware River at the Ben Franklin Bridge
Environment
New Jersey
Pennsylvania
NJ Spotlight

Cutting nitrogen flows into Delaware River would boost economy, report says

A bigger fishery and improved water quality would draw more recreational and commercial fishing, bringing economic benefits including higher real estate values near the river.

5 years ago

The 52nd Street commercial corridor in West Philadelphia
Keystone Crossroads
Business
Economy
Employment
Pennsylvania

COVID pushed Black unemployment higher in Pa. than anywhere in the nation, report says

Nearly one in five Black Pennsylvanians was unemployed as 2020 ended, according to a report by the Economic Policy Institute, a left-leaning D.C. think tank.

5 years ago

Ange Branca had to close her restaurant Saté Kampar because of high rent. She hopes restaurant relief can help her new venture Kampar Kitchen thrive. (Courtesy of Ange Branca)
Business
Economic Development
Food & Drink

A ‘new lease on life’ for restaurants: Philly-area restaurateurs praise relief efforts

Philadelphia and Delaware restaurant owners said new financial relief will help them adapt to the changing world of the restaurant industry.

6 years ago

Listen 4:20
A record low number of homes for sale is pushing up prices and making it harder for first-time buyers to afford homeownership. (Gene J. Puskar/AP)
NPR
Economy
Housing

Out of whack: Lack of homes for sale sends prices surging, frustrates buyers

That lack of supply is also driving up prices as bidding wars break out with multiple offers on many homes.

6 years ago

Kids at Today’s Child day care
Keystone Crossroads
K-12
Pennsylvania
Politics

What the new child tax credit means for you

One of the biggest changes in the new stimulus is an expanded tax credit for families with kids. Here’s what it would mean for you.

6 years ago

Chef Yia Vang's restaurant in Minneapolis is getting ready to open amid a fierce debate within the restaurant industry about the minimum wage. The restaurant will ban tipping.
NPR
Business
Employment

So how should your favorite restaurant pay its servers? Well, it’s complicated

A fierce debate is taking shape within the restaurant industry as a push to raise the minimum wage threatens to upend the tipped wage structures for servers.

6 years ago

From left: Chief Labor Department economist Janelle Jones, chair of the Council of Economic Advisers nominee Cecilia Rouse and Treasury Secretary Janet Yellen.
(Department of Labor and Alex Wong/Getty Images)
NPR
Economy
Gender
Government

The women powering Biden’s economy are rewriting the course of American history

President Biden has found several highly accomplished economists who are not just women but are also Black, and has placed them in top posts in his administration.

6 years ago

A person walks past the Interstate-95′s mile-long double-decked Girard Point Bridge in Philadelphia, Wednesday, Feb. 24, 2021. (AP Photo/Matt Rourke)
Infrastructure
Pennsylvania
Taxes
Transportation

Gov. Wolf seeks overhaul of Pennsylvania’s highway funding

Wolf proposed phasing out Pennsylvania's gasoline tax and appointed a commission to recommend alternative ways to pay for the state's needs.

6 years ago

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