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Money

Pennsylvania Capitol in Harrisburg, Pa.
Economy
Pennsylvania
PA Post

IFO: Though economy has slowed slightly, Pa. finances are stable

Ahead of next month’s state budget negotiations, Pennsylvania’s Independent Fiscal Office has released a report reassuring lawmakers that revenues are stable.

7 years ago

Two Democrats in Congress have introduced bills that would bar brick-and-mortar businesses nationwide from rejecting cash. (Jeff Chiu/AP Photo)
Business
National

U.S. may follow Philly and New Jersey to ban cashless businesses

Two Democrats in Congress have introduced bills that would bar brick-and-mortar businesses nationwide from rejecting cash.

7 years ago

Zakary Pashak started Detroit Bikes when he moved to Detroit in 2011, at a time when the city was reeling. (Courtesy of Melany Hallgren)
NPR
Business

For one U.S. bike-maker, tariffs are a mixed bag

Zakary Pashak is a rare breed. His company, Detroit Bikes, is one of the very few American bicycle makers. Most bikes come from China.

7 years ago

The U.S. is lifting tariffs on Canadian and Mexican steel imports, nearly a year after imposing the duties. Here, a worker is seen at Bri-Steel Manufacturing, which makes seamless steel pipes, in Edmonton, Alberta, Canada. (Candace Elliott/Reuters)
NPR
Business
International

U.S. will lift tariffs on steel and aluminum from Canada and Mexico

The tariffs will be lifted within two days, according to a joint U.S.-Canada statement posted by Canada's foreign ministry.

7 years ago

Kathy Kraninger, director of the Consumer Financial Protection Bureau, says in a letter that the Department of Education is getting in the way of efforts to police the student loan industry. (J. Scott Applewhite/AP)
NPR
Higher Education
Personal Finance

CFPB chief says Education Department is blocking student loan oversight

The director of the Consumer Financial Protection Bureau says the Trump administration's Education Depart. is getting in the way of efforts to police the student loan industry

7 years ago

This June 27, 2015, file photo, shows the Hulu logo on a window at the Milk Studios space in New York. Disney has struck a deal with Comcast that gives it full control of streaming service Hulu. The companies said Tuesday, May 14, 2019, that as early as January 2024 Comcast can require Disney to buy NBCUniversal’s 33% interest in Hulu and Disney can require NBCUniversal to sell that stake to Disney for its fair market value at that future time. (Dan Goodman/AP Photo)
Technology

Disney takes over Hulu from Comcast as stream wars heat up

Disney is taking full control of Hulu from Comcast, as both companies prepare to launch their own streaming services in response to declining audiences for traditional TV.

7 years ago

Gas is pumped into a car at the Eastcoast filling station in Pennsauken, New Jersey. (Matt Rourke/AP Photo)
Down the Shore
Energy
New Jersey

N.J. gas prices dip slightly; analyst ‘cautiously optimistic’ worst is over

Drivers are finally getting a break at the pump with a fall in gas prices in New Jersey and around the nation.

7 years ago

A bungalow in South Seaside Park, New Jersey. (Courtesy of Dominick Solazzo)
New Jersey
Taxes

N.J. Shore-goers scaling back plans over new ‘Airbnb tax’

The law targeted short-term rentals booked through Airbnb. But those who rent and own property at the Jersey Shore have become collateral damage.

7 years ago

Above, an elevated view of start-ups in the Collective Temperance Hospital in London in 2016. (Lionel Derimais/Corbis via Getty Images)
NPR
Business

The decelerator: How do you shutdown a startup?

By one measure, between 30% to 40% of all startups fail. So how do you actually go about closing down shop?

7 years ago

Southwest Airlines Boeing 737 Max airplanes are parked on the tarmac after being grounded at the Southern California Logistics Airport in Victorville on March 28. (Mark Ralston/AFP/Getty Images)
Business
Transportation
Marketplace

‘Airplane boneyards’ are more than places where planes go to die

Captured in aerial photographs, these storage facilities look stunning, with planes packed in, nose to tail, wingtip to wingtip.

7 years ago

Treasury Secretary Steve Mnuchin, (right), and United States Trade Representative Robert Lighthizer, (center), greet Chinese Vice Premier Liu He as he arrives at the Office of the United States Trade Representative in Washington, Friday, May 10, 2019 for trade talks between the United States and China. (Andrew Harnik/AP Photo)
Business
Economy
International

Trump’s tariffs on China: What are they? How do they work?

The Trump administration asserts, and many independent analysts agree, that Beijing has deployed predatory tactics to try to give China an edge in advanced technologies.

7 years ago

A small group of protesters gather outside Camden’s newest corporate high rise, demanding that beneficiaries of state tax breaks demonstrate what they’re doing to help Camden residents. (Emma Lee/WHYY)
Economy
New Jersey
Taxes

Camden won $1.6B in tax breaks but activists say not enough reaching city residents

The criticism came during an escalating feud between Gov. Phil Murphy and powerbroker George Norcross over how lucrative tax credits were doled out and who benefits.

7 years ago

In this May 1, 2019, file photo Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. Powell says the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility. (Patrick Semansky/AP Photo, File)
Government Accountability
Income Inequality
National

Powell: Policies needed to address slowdown in income growth

Federal Reserve Chairman Jerome Powell said Thursday the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility.

7 years ago

A panel discussion convened by the Consumer Financial Protection Bureau discussed the changes to the U.S. debt collection process at the University of Pennsylvania. Consumer advocates and creditors have concerns. (Aaron Moselle/WHYY)
Business
Law
Personal Finance

Should feds let debt collectors call 7 times a week? Stakeholders clash in West Philly

Under a lengthy proposal the CFPB released Tuesday, debt collectors could also email and text borrowers as much as they want. Consumer advocates and creditors have concerns.

7 years ago

Robocallers can cheaply and anonymously place millions of calls in search of the vulnerable. (Bigstock)
The Why
Real Estate
Technology

Who is Will, and why is he (robo)calling me?

In March, Philadelphia residents received 88 million robocalls — and there's no end in sight. Why are robocalls increasing and why are they so hard to stop?

Air Date: May 9, 2019

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