Money
More wipes, no jeans: Amazon limits shipments to warehouses
In an attempt to fill its warehouses with toilet paper, hand sanitizer and other items in high demand, Amazon will limit what suppliers can send to its warehouses for 3 weeks.
6 years ago
Fed to try to ease flow of credit with new lending facility
The Fed announced that it's reviving a program it first used during the 2008 financial crisis to unclog a short-term lending market for what is known as “commercial paper."
6 years ago
Amazon seeks to hire 100,000 to keep up with surge in orders
Amazon says it needs to hire 100,000 people across the U.S. to keep up with a crush of orders as the coronavirus spreads and keeps more people at home, shopping online.
6 years ago
Dow plunges 1,800 points, trading halted after fed slashes rates
U.S. stock indexes fell sharply Monday after the Federal Reserve aggressively cut interest rates to near zero in a bid to stop the economy from crashing.
6 years ago
Drivers in New Jersey and across the nation are seeing plummeting gas prices amid concerns over the coronavirus outbreak and "the ongoing crude price war."
6 years ago
Dow plunges 2,300 points: Stocks in meltdown as panic selling continues
The blue chip index was down 8%, moving deeper into a bear market after trading was halted temporarily. It continued its dive after Trump's 30-day ban on travel from Europe.
6 years ago
Metro Philly is hiring, rebooting Philadelphia newsroom under new family owners
The expansion bucks the downward trend in local news.
6 years ago
Dow sinks 1,400, or 6.4%, as investors await virus response
Stocks are tumbling again Wednesday, and indexes lost more than 4% to wipe out their huge gains from a day earlier as Wall Street keeps reeling on worries about COVID-19.
6 years ago
Wells Fargo CEO: ‘We have not done what’s necessary to address our shortcomings’
Charles Scharf told lawmakers that the company's structure and culture "were problematic." But he projected confidence that it could win back the public's trust.
6 years ago
Dow bounces back, jumping more than 1,100 points after market’s terrible day
Stock indexes rose nearly 5% after the market's worst day since 2008. The jump followed Trump's call for a payroll tax cut and steps to help the economy amid the epidemic.
6 years ago
Dow dives 1,900 points, NYSE halts trading as stock indexes plummet
Trading on the New York Stock Exchange was halted temporarily Monday after indexes plunged 7% in reaction to Saudi Arabia's shocking oil-price cut.
6 years ago
GOP lawmakers criticize overspending for Pa.’s medical assistance programs
Budget hearings concluded this week in Harrisburg and showed how far apart Gov. Tom Wolf and the Republican-controlled General Assembly are on agreeing to a spending plan.
6 years ago
N.J. property taxes bounced back in 2019
The average New Jersey property-tax bill increased by nearly $200 last year as the rate of growth also picked up in 2019 compared to the last few years.
6 years ago
Philly’s $5B budget: Tracking the increase over 10 years
Recent surpluses probably won’t carry the city through a recession.
6 years ago
Education, labor, and alleviating poverty: A look at Kenney’s 2020 budget proposal
The mayor’s plan doesn’t call for any new tax increases, but it does call for almost $170 million more spending than last year.
6 years ago













