Money
Cities that imposed the taxes saw a 33% decrease in the sale of sugary drinks.
11 months ago
Not much office work is happening in Center City or in suburban areas. Here’s what that might mean for many buildings considered by developers as “increasingly obsolete."
11 months ago
Listen 1:31Why corporate bankruptcies were up in 2023 despite the improving economy
Hundreds of debt-saddled companies filed for bankruptcy this year, as the era of easy money caught up to corporations. High interest rates mean banks aren't extending lifeline
12 months ago
Student loan forgiveness isn’t dead yet, and other takeaways from 2023
What to make of all the student loan news this year? We have three takeaways, and a literary analogy.
12 months ago
Philadelphia businesses say they struggle with labor, access to money
Economists forecast that the Philly region will see a “soft landing” instead of an abrupt halt to business in the new year.
12 months ago
Listen 1:19Philly’s homegrown coffee roaster La Colombe to extend its retail reach under Chobani control
La Colombe has a new but familiar owner that just happens to sell coffee creamer. Here’s what to expect.
12 months ago
Listen 1:49La Colombe acquired by Chobani in $900 million deal
The coffee roaster and retailer founded in Philly in ‘94 operates 32 stores around the country.
12 months ago
Inflation continues to moderate thanks to a big drop in gas prices
Consumer prices rose 3.1% in November from a year ago, marking a more moderate pace of inflation thanks in large part to falling gasoline prices.
1 year ago
Former Eagles player Malcolm Jenkins on money, social justice, and grit in Philly
Malcolm Jenkins discussed the concepts of money, social justice, and grit — all of which have guided him to financial and professional success.
1 year ago
Listen 1:59Monthly rents in Philly remain historically high despite slight decrease
Rents took off in the wake of pandemic shutdowns and have only started to soften.
1 year ago
Not enough homes to buy before the holidays — it’s still a seller’s market in Pa. Here’s why
The volume of home sales across Pennsylvania were down 20% compared to October 2022, but that’s not because there aren’t interested home buyers.
1 year ago
Listen 1:23‘You have to be patient’: Black Friday shoppers line up for deals at Christiana Mall
More than 130 million people were expected to take advantage of discounts on the traditional shopping day — and some also found ways to give back.
1 year ago
Why are sales so hard to resist? Let’s unravel this Black Friday mystery
The human brain has to really fight the lure of a discount. Companies know this and use many tricks to push our buttons. But there's a way to outsmart them.
1 year ago
Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike
Since launching the most aggressive series of rate hikes in four decades in March 2022 to fight inflation, it has pulled back and has now raised rates only once since May.
1 year ago
‘A deep freeze’: Mortgage rates and home prices are sidelining Philly homebuyers
Economists say that’s not likely to change for a few more years.
1 year ago