Economic Development

Local products, a coffee shop, 40 beers on tap and terrace seating with a view of 30th Street Station.

The budget fills a $5.6 million deficit via the city’s tax stabilization reserves, but layoffs or tax increases could come if City Council adds lots of new spending.

Philadelphia native Ebony Harris thought buying rental properties would build generational wealth for her and her family. Then the pandemic hit.

While Republican support for raising the minimum wage was already low, the pandemic makes it even less likely to change.

PAU founder Vishaan Chakrabarti on how Philadelphia can rebound from the pandemic and emerge with a more equitable and ecological way of life.

The aid is targeted at businesses with fewer than 300 employees that have lost at least 25% of their sales as a result of the pandemic.

Racqueal Howard won an only-in-Philly lottery and is now moving forward with a plan to redevelop a vacant Philadelphia Housing Authority property.

Applications open next month for $145 million in grants for small businesses, with a significant change by lawmakers intended to make it more accessible to people of color.

It will force Democrats to make politically painful choices about what to do next on the federal minimum wage, which has long caused internal party rifts.

The $2 billion rail line would connect KOP to University City and Center City, creating a trifecta of the largest employment hubs in the region.

Sens. Daniel Laughlin, R-Erie, and Sharif Street, D-Philadelphia, outlined the recreational marijuana proposal in a memo distributed to fellow senators.

Philly residents should feel the first impacts of a new anti-poverty plan this spring. The $10 million initiative aims to move 1,000 people out of poverty.

The county announced the end of the previous grant program and introduced a new program with funding coming from the state.

Philadelphia Land Bank officials say a reformed system is producing better results yet critics see a process that advantages developers over residents.

The budget resolution would allow Democrats to bypass the GOP and pass President Biden's $1.9 trillion covid relief bill with no Republican support.