Money
Everything you don’t pay sales tax on in Pennsylvania, from books to utilities
Sunburn treatments are tax-free, but sunblock isn’t. And pumpkins escape sales tax, but only if you’re planning on one for dinner.
1 year ago
KOP startup looks to build electric vehicle infrastructure nationwide
The clean technology startup that builds wireless charging devices for large electric vehicles opened a new research and development laboratory in King of Prussia.
1 year ago
The majority of small businesses across the Delaware Valley did not see an increase in revenue during 2022, but that’s an improvement since the COVID-19 pandemic began.
1 year ago
Wall Street tumbles to its worst loss in months
Yields were mixed after Fitch cut the U.S. government’s credit rating. The downgrade strikes at the core of the financial system.
1 year ago
Mega Millions jackpot climbs to $1.05 billion after another drawing without a big winner
Mega Millions says the new potential jackpot is the fourth-largest in the history of the game and the fifth over $1 billion.
1 year ago
Many Pennsylvania state retirees say they can’t afford inflation on their stagnant pensions
Nearly 69,000 former public school and state workers retired before Pennsylvania boosted pension payments two decades ago. Some lawmakers now want to give them an increase.
1 year ago
U.S. economy unexpectedly accelerated to a 2.4% growth rate in April-June quarter despite Fed hikes
Driving the gain was a burst of business investment, which surged at a 5.7% annual pace, the fastest rate since late 2021.
1 year ago
Federal Reserve raises its key rate for 11th time by a quarter-point in its drive to slow inflation
The move lifted the Fed’s benchmark short-term rate from roughly 5.1% to 5.3% — its highest level since 2001.
1 year ago
Philly union workers rally just days before UPS contract expires
The union contract between 5,000 Philadelphia Teamsters and UPS will expire on July 31. If no deal is reached, members have authorized a strike.
1 year ago
Got tipping rage? This barista reveals what it’s like to be behind the tip screen
The rise in tipping has many customers fuming, but one worker who depends on tips says most customers misunderstand what they are.
1 year ago
The Battery in Fishtown is getting a 62-unit boutique hotel
The new Fishtown hotel known as Riversuites is expected to open by the end of the year.
1 year ago
The Delaware Black Chamber of Commerce formed in 2020 to help Black business owners grow while creating new opportunities for others.
1 year ago
Inflation eases to its lowest in over two years, but it’s still running a bit high
Annual inflation hit 3% in June, the lowest since March 2021, a sign that the Federal Reserve's aggressive rate hikes are having an impact.
1 year ago
‘A return to normal’: New report shows silver lining for renters in Philadelphia
Prices remain high, but aren’t growing at the rate they were during the pandemic.
1 year ago
Are Amazon Prime Day deals worth it? 5 things to know
Amazon's annual sale will run Tuesday and Wednesday, boasting that the sales offered will be its lowest prices so far this year. Before you buy, read here.
1 year ago