Economy

The U.S. supply of computer chips has fallen to alarmingly low levels, raising the prospect of factory shutdowns, the Commerce Department reported Tuesday.

At a Wednesday news conference marking his first year in office, He said he would likely have to settle for “big chunks” of his signature economic package to break an impasse.

Despite public health guidance, for many workers amid the omicron surge, the idea of missing so many days of work has become wishful thinking.

No, you're not imagining it. Some grocery store shelves are bare again, conjuring bad memories of spring 2020 for many.

The Labor Department also reported that employers posted 10.6 million job openings in November, down from 11.1 million in October but still high by historical standards.

Pennsylvania is sitting on a fat budget reserve, a healthy and growing surplus, and billions in unspent federal coronavirus relief cash.

Fewer immigrants are coming to fill those jobs — particularly in some key industries that keep the economy moving.

The president's remarks at the White House on Tuesday were his first since Manchin effectively tanked the party’s policy initiative with his own jarring year-end announcement.

Nearly six months after being nominated, former Delaware Gov. Jack Markell has been confirmed by the U.S. Senate for his new role as U.S. Ambassador.

The Senate has approved the measure 50-49 in a party-line vote, sending the legislation to the House.

A group with a mission to boost the Philly economy is shutting down, saying things are on the upswing.

Women are picking up gig work in droves, many motivated by the need for flexibility. But experts say it could cost them in the long term.

She says they distorted her research, which led to an environment in which attacks against her became unfair and personal.

Congress is setting up a complicated process that could avoid a potential federal default.

The first municipal public bank in the country could be coming to Philadelphia now that legislation is moving forward in City Council.