Economy

Yields were mixed after Fitch cut the U.S. government’s credit rating. The downgrade strikes at the core of the financial system.

Fitch cut the federal government's top rating, citing rising deficits and a steady deterioration in governance over the last two decades.

GDP shows the U.S. economy growing at a rate of 2.4%, at higher rates than expected, thanks to Taylor Swift, Beyoncé and Barbie.

The analysis was created by the Center for Climate Integrity, an advocacy group that aims to hold polluters accountable.

Nearly 69,000 former public school and state workers retired before Pennsylvania boosted pension payments two decades ago. Some lawmakers now want to give them an increase.

Driving the gain was a burst of business investment, which surged at a 5.7% annual pace, the fastest rate since late 2021.

The move lifted the Fed’s benchmark short-term rate from roughly 5.1% to 5.3% — its highest level since 2001.

As Rehoboth considers following Dewey Beach in banning dispensaries, southern Delaware lawmakers consider county-level regulation.

The union contract between 5,000 Philadelphia Teamsters and UPS will expire on July 31. If no deal is reached, members have authorized a strike.

The Pa. state House will be tied 101 to 101 between Democrats and Republicans.

Three Montgomery County YMCA gyms will run the event together. They expect about 1,700 athletes plus their families to attend.

Annual inflation hit 3% in June, the lowest since March 2021, a sign that the Federal Reserve's aggressive rate hikes are having an impact.

It can be difficult and awkward to find a groove with new friends as an adult. We'll talk about how to make, and keep, new friends at any age.

Weekend pedestrian traffic in downtown Philadelphia during May was 94% of what it was in 2019, according to cell phone data compiled by the Center City District.

The PA budget is still at an impasse due to process technicalities and tension between Gov. Shapiro, the House, and the Senate.