
Economy
Many cops, teachers, nurses won’t get full $2,500 tax break
A worker would have to make almost $82,000 to get the full $2,500 benefit, and the worker may not even work a full year the first year they are eligible.
10 hours ago
5 things we learned from the Senate hearing on the Silicon Valley Bank collapse
Policymakers will be debating whether new laws, rules, or attitudes are needed to keep other banks from going under.
1 day ago
The Fed raises interest rates again despite the stress hitting the banking system
Some had called for the Fed to wait after two recent bank failures.
1 week ago
Why car prices are still so high — and why they are unlikely to fall anytime soon
The average new vehicle costs nearly $49,000, an almost $10,000 increase from before the pandemic. This is a look at today's deeply weird auto market.
2 weeks ago
‘Back to one meal a day’: SNAP benefits drop as food prices climb
A lot of people don't think twice about buying milk, says Teresa Calderez. "But there are lots of us out here who can't buy a gallon of milk when we need it."
2 weeks ago
Higher water fees and a new ticket tax: Wilmington mayor unveils 2024 budget proposal
Purzycki says the additional revenue he wants City Council to approve is needed for when “the bills come due” in two years.
2 weeks ago
Philly State House delegation pushes for more funding, gun regulations from Harrisburg
Their goal is everything from drivers licenses for undocumented people to more funding for crime fighting and schools.
2 weeks ago
Parent company of Silicon Valley Bank files for bankruptcy
The move comes a week after the tech-focused bank failed in a sudden collapse that set off fears of wider problems in the global banking system.
2 weeks ago
First Republic Bank becomes the latest bank to be rescued, this time by its rivals
A group of 11 lenders including J.P.Morgan, Bank of America, Citigroup, and Wells Fargo said they will deposit $30 billion in First Republic Bank.
2 weeks ago
Class action suit filed against Silicon Valley Bank parent
The lawsuit is looking for unspecified damages to be awarded to those who invested in SVB Financial Group between June 16, 2021 and March 10, 2023.
2 weeks ago
It’s Equal Pay Day. The gender pay gap has hardly budged in 20 years. What gives?
Tuesday is Equal Pay Day: March 14th represents how far into the year women have had to work to catch up to what their male colleagues earned the previous year.
2 weeks ago
What to know about the Silicon Valley Bank collapse, takeover and fallout
Silicon Valley Bank is the largest U.S. bank to fail since the 2008 global financial crisis.
2 weeks ago
Philly lawmakers call for more state funding to fix city schools
A group of lawmakers says city schools need $5 billion for repairs. They want to use some of the state’s budget surplus to fund the projects.
2 weeks ago
The U.S. takes emergency measures to protect all deposits at Silicon Valley Bank
Federal officials made the emergency announcement Sunday amid panic from depositors over the state of uninsired deposits.
2 weeks ago
Janet Yellen says the federal government won’t bail out Silicon Valley Bank
The California lender was taken over by regulators after a "run" on the bank. The Treasury secretary says the U.S. won't come to the bank's rescue like it did for others in th
2 weeks ago