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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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Economic Development

Tureka Dixon instructing FTI apprentices at a recent class. (Courtesy of IUPAT District Council 21)
PlanPhilly
Politics & Policy
Eyes on the Street

How a Philly union program can make Biden’s vow to ‘build back better’ a reality

President-elect Biden campaigned on a plan to create jobs rebuilding infrastructure. Apprenticeships can help connect Philly residents to opportunity.

5 years ago

Construction at 1324 Frankford Avenue in Fishtown.
PlanPhilly
Urban Planning

This election reveals why Philadelphia’s neighborhoods need a construction impact tax

A construction impact tax could support small businesses, job growth and affordable housing for those who need it the most in Philadelphia.

5 years ago

A store displays a sign before closing down permanently following the impact of the coronavirus pandemic, on Aug. 4, 2020 in Arlington, Va. The Small Business Administration's inspector general office said billions of dollars in relief loans may have been handed out to fraudsters or ineligible applicants. (Olivier Douliery/AFP via Getty Images)
NPR
Money

Billions in COVID-19 relief loans may have been handed out to scammers, report says

The Small Business Administration had to quickly disburse coronavirus relief loans. But some of that may have been handed out to fraudsters, an agency report says.

5 years ago

The exterior of the Painted Bride building
PlanPhilly
Urban Planning

Judge: Painted Bride can sell its building after all

A panel of state judges overturned an earlier decision allowing the Philly arts presenter to sell its building, which will destroy a major Isaiah Zagar mural.

5 years ago

A former brewery in Brewerytown is being redeveloped into apartments with help from the federal Opportunity Zone tax incentive program. (Courtesy of MM Partners)
PlanPhilly
Urban Planning
Broke in Philly

How the election is driving investors to Philadelphia’s ‘Opportunity Zones’

Fears of incoming Democratic control in Washington D.C. and baby boomer estate planning needs are fueling investment in certain Philadelphia neighborhoods.

5 years ago

Listen 2:07
Barbara Lovett, Doug Lovett, August Muzzi
Community

Applications set to open for Delaware COVID-19 relief fund

The Division of Small Business will begin accepting applications online starting Tuesday at 10 a.m.

5 years ago

Rendering of Hoffman's proposed development at Penn's Landing (Proposal screenshot)
Money
Billy Penn

DC developer proposes apartment towers, concert hall, water taxis for Penn’s Landing site eyed by Sixers

The winning bid for the coveted Delaware Riverfront parcel is expected to be revealed by the end of the month.

5 years ago

Tayyib Smith is planning to build an entrepreneurship hub on 52nd Street near Arch Street in West Philadelphia. (Kimberly Paynter/WHYY)
PlanPhilly
Urban Planning

This entrepreneur wants to bring the 21st century economy to 52nd Street

Philadelphia entrepreneur Tayyib Smith is teaming up with developer Guy Laren of Constellar Corp. to build a business hub designed for social impact.

5 years ago

Listen 1:49
Developments on the Camden waterfront, like the American Water corporate headquarters and the 18-story Camden Tower, receive substantial local tax breaks in addition to state tax incentives. (Emma Lee/WHYY)
Money

In final report, N.J. task force finds more faults with state’s $11B tax break programs

The task force’s final report lays out a culture of “getting to yes” instead of ensuring companies delivered on promises to the state and communities.

5 years ago

Artist Keisha Whatley paints on the steps of the Art Museum at a rally demanding funding for the arts in Philadelphia. (Kimberly Paynter/WHYY)
Arts & Entertainment
Broke in Philly

Emergency arts fund pays out $4 million in Philadelphia region

A pandemic relief fund is releasing all of its money to hundreds of cultural organizations and over 1,000 artists.

5 years ago

Listen 1:38
Donavan West
PlanPhilly
Community

Philly could be the first U.S. city to address systemic racism with Black stimulus

The package would include capital investments in poor neighborhoods, as well as millions more on job training, rent subsidies and basic income support.

5 years ago

Gardeners (from left) Josh Reaves, Mirta Gonzalez, Sara Vega, Willow Zef, Morgana Ginet, Anthony Batrick, Lauren Troop and Ada Marie Biaz at the César Andreu Iglesias Community Garden in Kensington. (Kimberly Paynter/WHYY)
PlanPhilly
Urban Planning

South Kensington gardeners challenge housing project — and win a conversation

Asociación Puertorriqueños en Marcha is partnering with Scannapieco Development Corporation on the mixed-income development.

5 years ago

52nd Street in West Philadelphia was hit with both pandemic closures and looting. (Kimberly Paynter/WHYY)
PlanPhilly
Community

Return to Main Street: Historic West Philly corridor fights to keep its identity

Who is shaping the bustling corridor remains in flux as longtime businesses take stock of losses and newcomers eye opportunities.

5 years ago

Listen 3:26
West Philly's 52nd Street corridor
Community
Billy Penn

5 initiatives for Philly small business recovery: Where to donate and how to apply

Some stores sustained property damage just as they were emerging from lockdown.

5 years ago

Atlantic City Mayor Marty Small speaks at a press conference, where he announced that billionaire investor Carl Icahn has filed plans to demolish the former Trump Plaza casino, in Atlantic City, N.J., Thursday, June 11, 2020, where pieces of the building have broken loose and crashed to the ground. (AP Photo/Wayne Parry)
Urban Planning

Carl Icahn wants to raze a former Trump casino. But when?

Mayor Marty Small held a news conference to announce that Icahn's company has filed demolition plans with the city that call for both towers of the casino to be implode.

5 years ago

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