Money

The coronavirus triggered the sharpest economic contraction in modern history in the second quarter as the pandemic hammered the economy, the Commerce Dept. said Thursday.

Economists say ending the boost could trigger a downturn that would cost Pennsylvania another 250,000 jobs.

Millions who lost jobs during the pandemic are in danger of having their incomes cut again. The sudden halt in payments would be felt in households and throughout the economy.

Currently, the lowest-income SNAP recipients are ineligible for the emergency allotments that other SNAP recipients have been receiving during the pandemic.

These are, as they say, unprecedented times.

The deal directly affects four of nine casinos in Atlantic City.

The economy is tanking, with massive layoffs and bankruptcies. But the richest sliver of the country continues to do quite well.

The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed coronavirus aid.

The Supreme Court's decision Thursday means Trump's financial records will likely need to be turned over to a New York grand jury and could imperil his brand and fortune.

The task force’s final report lays out a culture of “getting to yes” instead of ensuring companies delivered on promises to the state and communities.

The state permanently lost $444 million in June alone, with that number expected to be $5 billion overall by this time next year.

The list of major advertisers pulling out of Facebook continues to grow as the company weathers criticism over its handling of racist and violent rhetoric on the platform.

With a $26.5 million cut in the price agreed to by Philadelphia Energy Solutions and Hilco Redevelopment OK’d, the deal is expected to close Friday.

Delaware senators gave near-unanimous support to the $4.55 billion budget, but debate on two other spending bills proved much more contentious.

The Colored Girls Museum and the Paul Robeson House have joined forces to raise $100,000.