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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

Instead of raising taxes, lawmakers turned to gambling to help fill a budget hole. (AP)
Economy
Pennsylvania
Politics

It’ll take at least a year to enact Pa.’s new gambling expansion

Enacting the expansion will involve auctioning off casino licenses — something the board has never done before.

8 years ago

Small businesses, like this coffee ship in Pittsburgh, might benefit from the GOP-led tax code overhaul. But some might not. (AP)
Business
Pennsylvania
Taxes

Some small Pa. businesses uneasy over proposed tax code changes

Smaller business owners would also get a lower rate on some of their income, but there are limits to who would benefit.

8 years ago

College Hall on the University of Pennsylvania campus. (Emma Lee/WHYY)
Higher Education
Taxes

GOP tax plan calls for levy on endowment-rich universities, colleges

Republicans have criticized the nation’s wealthiest universities for accruing billions of dollars while avoiding most taxes due to their nonprofit status.

8 years ago

Chino Roberto Vasquez, owner of Chino's Pizzeria celebrates a winning hand on one of the new legal video poker machines, in his restaurant Tuesday, Oct. 9, 2012, in Justice, Ill. (M. Spencer Green/AP Photo)
Economic Development
Philadelphia

Pennsylvania cities weigh whether to allow new mini-casinos

Pennsylvania's new law expanding its casino industry has set off debates in cities and towns about whether to try to lure one of the 10 new mini-casinos, or ban them.

8 years ago

This Nov. 3, 2017 photo shows partially dismantled domes and spires at the former Trump Taj Mahal casino in Atlantic City, N.J. The casino that was built by now-President Donald Trump in 1990 is being converted into a Hard Rock casino resort. (Wayne Parry/AP Photo)
Economic Development
History
New Jersey

Iconic domes, spires removed from ex-Trump Taj Mahal casino

Work crews are dismantling the domes, minarets, and other decorations from the former Trump Taj Mahal casino. It is being converted into a new Hard Rock casino resort.

8 years ago

Philadelphia Eagles' Jalen Mills (31) runs the ball in for a touchdown during the first half of an NFL football game against the San Francisco 49ers, Sunday, Oct. 29, 2017, in Philadelphia,.
Economy
Philadelphia
Sports

Despite Eagles’ league-leading surge, no touchdown for Philly economy

At 7-1, the team has the best record in the NFL thanks to its best start in more than a decade. What does this mean for the city’s economy? Experts say nothing.

8 years ago

Kenneth Hammon stands in front of his brick town house in Camden. There is a Mustang car in the driveway
Economy
Homelessness
Income Inequality
New Jersey

Camden on the rise? New data show poverty is falling

Ken Hammon’s driveway says it all. About halfway down Tuckahoe Road in South Camden, sits the black Mustang the 31-year-old boug ...

8 years ago

Listen 4:21
A group of women pose with trophys in front of a purple curtain
Business
Economy

Women slowly boosting numbers on Philly boards

While female membership on boards of directors is now up to 16 percent in the Philadelphia region, some areas have achieved much higher rates.

8 years ago

PECO crews (Courtesy PECO)
Energy
Home & Family
Philadelphia

Rising rate of PECO service shut-offs prompts Pa. review of utility costs for poor

Over the past decade, PECO has more than doubled the number of service shut-offs to customers who fall behind on payments.

8 years ago

This image provided by Facebook, shows how ads on Facebook will be more transparent. Days ahead of testimony at three congressional hearings, the company is taking new steps to verify advertisers and make all ads on the site more transparent. Executives for the social media company said on Oct. 27,  they will verify political ad buyers, requiring them to reveal correct names and locations, and create new graphics on the site where users can click on the ads and find out more about the organizations or people behind them. (Facebook via AP)
Elections
Technology

Facebook vows more transparency over political ads

Under pressure in advance of hearings on Russian election interference, Facebook is moving to increase transparency.

8 years ago

Business
Economy
Pennsylvania

Treasurer authorizes major loan to cover Pa. expenses

A $1.8 billion loan is meant to keep Pennsylvania's general fund from running out of money.

8 years ago

A group of people, generally young, diverse in races
Business
Race & Ethnicity

Companies are looking for diverse ad teams to avoid blunders

Diversity in the advertising industry is becoming a higher priority for consumer product companies as they try to reach a new generation of customers.

8 years ago

A person plays a slot on a touch-screen tablet
Keystone Crossroads
Economy
Government Accountability
Pennsylvania

Pa. House passes final budget piece; ball moves to Wolf’s court

Pennsylvania's House has sent a gambling expansion bill to Gov. Wolf’s desk — effectively finishing the budget lawmakers have labored over for an entire fiscal year.

8 years ago

Workers sort food donations. (Community Food Bank of New Jersey)
Economy
Food & Drink
New Jersey

Advocates for poor in N.J. mobilize against U.S. cuts to food stamp program

The Supplemental Nutrition Assistance Program helps about 800,000 low-income workers and senior citizens in New Jersey, but cuts are being debated in Washington.

8 years ago

Hulking grey mirrored tower against a grey sky
Business
Technology

Comcast's cable customers tumble as cord-cutting picks up

The cable company added TV customers last year for the first time in a decade. But on Thursday it posted its biggest quarterly cable-customer loss since 2014.

8 years ago

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