Money

Century 21 joins more than two dozen retailers who have filed for bankruptcy since the coronavirus pandemic, which forced non-essential stores to temporarily close.

A new coalition to create a public bank in Philly could help reverse decades of discrimination against Black neighborhoods, business owners.

Applications open Sept. 6, and payments will be retroactive to Aug. 1.

Fewer jobs were added to the economy last month even as the unemployment rate fell to 8.4%. Job growth has slowed since June, in a sign of what could be a long recovery.

The winning bid for the coveted Delaware Riverfront parcel is expected to be revealed by the end of the month.

Forecasters expect the federal deficit to reach $3.3 trillion during the current fiscal year. By 2023, government debt will reach an all-time high of 107% of GDP.

A previous law requires the state to raise the gasoline tax when revenue targets are not being met. In New Jersey, officials say gas sales have been off during the pandemic.

Only one of the nine casinos — the Golden Nugget — reported an operating profit for the quarter, and that was helped by the market-leading internet gambling operation.

The number of active Black business owners fell by 68% from early March to July, according to the Census Bureau. Active white business owners fell by 44%.

It's a sign that minority, lower income, and first-time home buyers are getting hit hard financially amid the pandemic.

The decline suggests that layoffs are slowing, though last week's figure still exceeds the pre-pandemic record of just under 700,000.

Critics say this particular relief measure is misguided since it benefits only people who are lucky enough to have a job still.

State residents struggling to make rent or mortgage payments due to the coronavirus pandemic will be able to get assistance through two programs.

With confirmed viral cases still elevated in much of the nation and businesses under continued pressure, many employers appear reluctant or unable to hire.

Applications last week dropped 41% compared with the week before, going down to 16,573, the department said.