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Marketplace focuses on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. It is noted for its accessible coverage of business, economics and personal finance.
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Marketplace

Marketplace focuses on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. It is noted for its accessible coverage of business, economics and personal finance.

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Money

Amazon is looking to take space in Bensalem. (Julie Clopper)
Business
Economy
Philadelphia Business Journal

Amazon closes in on Bucks County warehouse

Amazon continues to expand its Philadelphia-area presence, closing in on a lease in Bucks County.

6 years ago

Claims for unemployment benefits are spiking across the country as businesses shut down to stem the spread of the coronavirus. (Andrew Kelly/Reuters)
NPR
Business
Economy

3.3 million file for unemployment claims, shattering the record

A record 3.3 million Americans filed for unemployment benefits for the first time last week — a number far above the levels seen during the depths of the Great Recession.

6 years ago

(Elizabeth Robertson/Philadelphia Inquirer)
Business
Economy
Spotlight PA

Pa. unemployment claims skyrocket to 540,000 since coronavirus shutdown, shattering records

"There are going to be a lot more," says the ranking Democrat on the Senate labor and industry committee.

6 years ago

The Marriner S. Eccles Federal Reserve Board Building in Washington. (Andrew Harnik/AP Photo, File)
Economy

Federal Reserve to lend up to $300B to businesses, cities

The announcement Monday is part of the Fed's ongoing efforts to support the flow of credit through an economy ravaged by the viral outbreak.

6 years ago

(Tim Tai/The Philadelphia Inquirer)
Economy
Public Health
Spotlight PA

Why workers’ compensation might not provide relief for Pennsylvanians sickened by the coronavirus

Workers on Wednesday packed into buses before dawn for the drive to the Shell cracker plant in Beaver County.

6 years ago

A Comcast van is pictured on a Philly street
Business
Technology
Broke in Philly

Comcast offers free WiFi, waives data cap and late fees, won’t disconnect service during coronavirus outbreak

With more people working and studying from home due to the coronavirus outbreak, Comcast is giving customers unlimited data for no additional charge.

6 years ago

File photo (J. Scott Applewhite/AP Photo)
Economy
Politics

Treasury proposal: Deliver $500B to Americans starting April

The Treasury Department said Wednesday it wants to dedicate $500 billion to start issuing direct payments to Americans by early next mont ...

6 years ago

Philadelphia streets have slowed down in the wake of the coronavirus shutdown. (Kimberly Paynter/WHYY)
PlanPhilly
Economy
Income Inequality

Coronavirus cash: Is now the time to ‘go big’ with a basic income relief package?

Coronavirus has brought the idea of unconditional cash transfers, a policy being experimented with in Philly, to the national stage.

6 years ago

This July 17, 2019, file photo shows an Amazon shipping truck at a fulfillment center in Phoenix. (Ross D. Franklin/AP Photo)
Business
Public Health

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

Federal Reserve Chair Jerome Powell speaks during a news conference, Tuesday, March 3, 2020, to discuss an announcement from the Federal Open Market Committee, in Washington. In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point in an effort to support the economy in the face of the spreading coronavirus. Chairman Jerome Powell noted that the coronavirus
Economy

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

This Sept. 6, 2012, file photo, shows the Amazon logo.  (Reed Saxon/AP Photo, File)
Economy
Public Health
Technology

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

Markets are falling sharply, even after the Federal Reserve aggressively cut interest rates to near zero. (Johannes Eisele/AFP via Getty Images)
NPR
National

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

Nozzles pump gas into vehicles at a BP gas station. (Julio Cortez/AP Photo)
Down the Shore
Business
Energy
New Jersey

Gas prices plummet in N.J.

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

After weeks of turmoil over the economic toll of the coronavirus, U.S. stock indexes entered a bear market, signaling an end to their 11-year winning streak. (Jeenah Moon/Getty Images)
NPR
Business
Economy

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

A renewed local focus is obvious on recent covers COURTESY METRO PHILLY / BILLY PENN ILLUSTRATION
Business
Media
Billy Penn

Metro Philly is hiring, rebooting Philadelphia newsroom under new family owners

The expansion bucks the downward trend in local news.

6 years ago

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