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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

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

Listen 11:29
This Thursday, May 2, 2019, photo shows a sign posted on a door alerting customers that cash is not accepted at Freshroll Vietnamese Rolls and Bowls in San Francisco. San Francisco now requires brick-and-mortar retailers to take cash in payment for goods, joining Philadelphia and New Jersey in banning a practice that critics say discriminates against the poor. (Jeff Chiu/AP Photo)
Technology

San Francisco bans credit-only stores, joining Philly, N.J.

San Francisco officials voted Tuesday to require brick-and-mortar retailers to take cash as payment, joining Philadelphia and New Jersey.

7 years ago

The IRS Free File program is under scrutiny after reports that tax-prep companies made it difficult for people to actually their file taxes for free (Rogelio V. Solis/AP)
NPR
Taxes

H&R Block, TurboTax accused of obstructing access to free tax filing

Los Angeles' city attorney is suing H&R Block and TurboTax maker Intuit, alleging that they "defrauded the lowest earning 70 percent of American taxpayers."

7 years ago

In this June 25, 2018 photo, Joyce Green of Vineland, N.J. reacts to a winning spin at a slot machine as her husband Tom looks on inside the Ocean Casino Resort in Atlantic City, N.J. The casino formerly known as Revel will turn a profit in May after months of steep losses. (Wayne Parry/AP Photo)
Business
New Jersey

Atlantic City’s Ocean Casino is finally making money

A perennially challenged Atlantic City casino will finally turn a profit this month and chart the way forward under the ownership of a New York hedge fund.

7 years ago

George Norcross III during a groundbreaking ceremony for the Cooper Cancer Institute. (Mel Evans/AP Photo)
New Jersey
Politics
Taxes
ProPublica

How companies and allies of one powerful Democrat got $1.1 billion in tax breaks

Meet George Norcross. Nearly two thirds of $1.6 billion in tax incentives in his hometown of Camden, New Jersey, went to his own company, business partners, political allies.

7 years ago

Emma Allen drives herself to work most days. It’s convenient, but the cost of car insurance stretches her limited budget. (Sean Havey for California Dream)
Aging
Economy
National
Marketplace

More seniors are working — some by choice, others by necessity

More and more Americans are working well past retirement age. For some, it’s a matter of necessity. For others, it’s a matter of choice. And the distinction is class-based.

7 years ago

A Federal Reserve study surveys the top occupations that don't require a four-year college degree. (Big Stock photo)
Business
Economy
K-12

Top 10 job opportunities in Philly region for workers without college degree

The majority of Americans don't have a college degree. But there are many non-college jobs that pay reasonably well.

7 years ago

New Jersey Gov. Phil Murphy is pictured in this Jan. 15, 2019 file photo (Julio Cortez/AP Photo)
Higher Education
New Jersey
Personal Finance

New Jersey enacts two laws to help students repay loans

One of the new laws will make it easier for borrowers struggling to pay off loans. The other allows borrowers who have defaulted on those loans to start an installment plan.

7 years ago

Pennsylvania Auditor General Eugene A. DePasquale, speaks after he was sworn in for his second term at the Capitol in Harrisburg, Pa., Tuesday, Jan. 17, 2017.
Health Care
Pennsylvania

Pa. turns to random audits in bid to track Medicaid dollars

Six Medicaid providers are getting word they're being audited by the state. The random reviews are part of a new strategy to make sure contractors aren't misusing Pa. dollars.

7 years ago

Hali Flickinger, left, of Spring Grove, York County, competes for the U.S. in a semifinal of the women's 200-meter butterfly at the Summer Olympics in Rio de Janeiro, Brazil. Flickinger placed seventh in the event’s final heat. (David J. Phillip/AP Photo)
Pennsylvania
Sports
Taxes
PA Post

Pa. bill proposes tax break for Olympians

Pa. would join the group of states with similar income tax exemptions already in place.

7 years ago

In this Oct. 18, 2010 photo, an Amazon.com package awaits delivery from UPS (Paul Sakuma/AP Photo)
Pennsylvania
Taxes

A new internet sales tax proves more lucrative than expected for Pa.

According to the state Revenue Department, it was expected to make about $50 million in its first fiscal year. The state's IFO said it's on track to make $300 million.

7 years ago

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