Money

Major League Baseball circulated a memo to teams, forbidding them and their broadcasting affiliates from accepting advertisements from sports gambling outfits.

Gov. Phil Murphy placed $20 bets on Germany to win the World Cup, and the New Jersey Devils to win the Stanley Cup next season.

The Federal Reserve increased a key interest rate again Wednesday, which will trigger higher rates on credit cards, home equity lines and other kinds of borrowing.

Comcast will likely bid for Fox's entertainment business as early as Wednesday now that a federal judge has cleared AT&T's $85 billion takeover of Time Warner.

City officials are concerned because, nearly every year, Philadelphia taxpayers are on the hook for about $10 million total to settle claims of police abuse and misconduct.

Rob Dubow, the city's finance director, said his office is working on the issues brought to light by the controller.

Monmouth Park racetrack in Oceanport has announced it will open for sports betting on Thursday at 10:30 a.m., and the governor is expected too place the first wager.

The governor's order would only impact non-union state jobs — 15,571 positions total, 2,189 of which are vacant.

The atmosphere has public officials and gambling houses alike feeling like they just hit the jackpot.

State officials expect the launch to make a significant contribution to tourism in Delaware — where 17 percent of visitors participate in gaming.

In Philadelphia, the unemployment rate has been declining, but it remains higher than the national rate of 5.3 percent.

Black unemployment fell to a record low 5.9 percent, suggesting that African-Americans are benefiting from the booming economy.

It will cost $1.4 billion and take 60 years to shut down the site due to close in October.

DraftKings and Resorts Casino told The Associated Press they signed a deal Friday to offer sports betting in New Jersey.

Employers added 233,000 jobs in May, up from 159,000 in April, the Labor Department reported Friday. And unemployment fell to an 18-year low.