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Money
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
Major U.S. pharmacy chain Rite Aid files for bankruptcy
The DOJ in March alleged that Rite Aid knowingly filled hundreds of thousands of unlawful prescriptions for controlled substances from 2014 to 2019.
1 year ago
‘Focused on growth’: Philly workshop offers Black entrepreneurs tips on expanding their businesses
The one-day intensive hosted by Mom Your Business included panels, networking, and technical support.
1 year ago
Philadelphia ranks No. 5 in the nation for downtown foot traffic recovery since 2019
Philadelphia’s Center City District staff explored economic recovery metrics, such as foot traffic, in 26 cities nationwide.
1 year ago
Men still control 73% of board seats of Philly region’s biggest publicly traded companies
There are only three women CEOs at the top 100 publicly traded companies in the Philadelphia region, according to a PwC analysis for the Forum of Executive Women.
1 year ago
Listen 1:07How the UAW strikes could impact car shoppers
Historic as the UAW strikes may be, analysts say the actions are unlikely to impact car prices too much — for now.
1 year ago
How the UAW strike could have ripple effects across the economy
There are several ways the unprecedented United Auto Workers strike could hit the economy, but it will depend on how long the strike lasts and how many plants are affected.
1 year ago
The UAW launches a historic strike against all Big 3 automakers
For the first time ever, the UAW launched a strike against all Big 3 automakers at once, starting with three locations in the Midwest.
1 year ago
New Jersey gas tax to increase by about a penny per gallon starting Oct. 1
The roughly 2% increase comes after the gas tax fell in the previous two years.
1 year ago
Key indicators show summer delivering a mixed bag to Jersey Shore economy
Overall numbers are better than 2019, but brick-and-mortar gaming revenues were down compared to last year.
1 year ago
Pa. ranks No. 2 in the nation for higher ed credit card marketing deals
Two dozen universities and alumni associations across Pa. participate in credit card marketing agreements — the most lucrative of which can yield millions.
2 years ago
Listen 3:12Borrowers can now apply for new, income-based student loan repayment
More than 20 million borrowers are eligible under the new repayment plan, and many will see lower payments.
2 years ago
Black business expo in Philadelphia connects entrepreneurs via ‘speed networking’
The African-American Chamber of Commerce for Pennsylvania, New Jersey and Delaware is hosting its first National Black Business Month Expo inside the Comcast Spectacor.
2 years ago
The most interesting items from Bankroll’s 1,244-lot, fire-sale restaurant auction
It’s your chance to pick up artifacts of a fascinatingly confused blip in the city’s dining scene.
2 years ago