Money
It’s official: U.S. economy is in a recession
The committee tasked with marking U.S. business cycles says the economy peaked in February, and has since been in a recession triggered by the pandemic.
6 years ago
Money goes boom: Philly’s history of exploding ATMs
Experts say the spate of ATM explosions have nothing to do with political protest.
6 years ago
The future of small businesses as the country reopens
How are businesses going to navigate reopening during a health pandemic and national civic unrest?
Air Date: June 5, 2020 10:00 am
Listen 48:58In first-ever virtual budget session, Del. lawmakers brace for cuts amid pandemic
Delaware lawmakers are working to balance the state budget in virtual committee hearings after COVID-19 turned a year of spending into a year of cuts.
6 years ago
US food prices see historic jump and are likely to stay high
U.S. shoppers lately have seen the costs of meat, eggs and even potatoes soar as the coronavirus has disrupted processing plants and distribution networks.
6 years ago
‘Not camera shy’: Pa. businesses trying to survive make video pitches for emergency aid
The fund’s application is slim, but has one demand other programs do not: a pitch made on video.
6 years ago
Listen 3:55Pandemic disrupts illegal drug trade, upending both product and profits
One researcher says small-scale disruptions are common in the illegal drug trade, but the chaos seen in recent months is nearly unprecedented.
6 years ago
Coronavirus closures send Atlantic City casino profits down 65%
Second-quarter earnings are sure to be worse because the casinos have been shut all of April and, so far, May, with no reopening date scheduled.
6 years ago
Home decor retailer to cease operations, liquidate Philadelphia-area stores
A Texas-based home decor retailer has filed a motion seeking bankruptcy court approval to begin a wind-down of its retail operations.
6 years ago
Facebook launches virtual shopping mall, saying it will help small businesses
The social network is positioning its new commerce feature as a way to help small businesses that have been hit hard by the coronavirus pandemic.
6 years ago
Amazon to open new fulfillment center on site of former GM plant near Wilmington
A former General Motors assembly plant will be home to Delaware’s newest Amazon warehouse. The company said it plans to hire 1,000 workers.
6 years ago
Uber cuts 3,000 more jobs as pandemic squeezes ride-hailing
The company is slimming down to focus on rides and food delivery while cutting $1 billion in costs this year.
6 years ago
Casino workers struggle as Atlantic City sees last year’s gains fade away
While casinos and local unions formulate guidelines for reopening, city government fights off a referendum and out-of-work residents line up for food.
6 years ago
Child care centers in Pa.: bellwether for how tricky it will be to fully reopen economy
As idled businesses begin to restart across the state, child care providers in ‘yellow’ counties say they are reopening slowly, if at all.
6 years ago
Listen 4:25US retail sales plunged a record 16% in April as virus hit
Other than online, not a single retail category was spared in April. Auto dealers suffered a monthly drop of 13%.
6 years ago














