Economy
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 years 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 years ago
Silicon Valley Bank failure could wipe out ‘a whole generation of startups’
The implosion of Silicon Valley Bank could force hundreds of tech startups to lay off workers or shut down completely.
2 years ago
High inflation and housing costs force Americans to delay needed health care
Close to 40% of surveyed Americans, a record high, put off medical care last year because of finances.
2 years ago
Biden lays out his budget plan, challenges GOP to follow suit
Biden chose a union training center in Philadelphia to lay out his new 10-year budget proposal and challenge congressional Republicans to release their own spending blueprint.
2 years ago
What SNAP recipients can expect as benefits shrink in March
More than 80% of SNAP beneficiaries are working families, people with disabilities, or elderly people, according to the U.S. Department of Agriculture.
2 years ago
Budget negotiations will determine fate of shrinking rebate program for older Pennsylvanians
Lawmakers have just a few months to pass legislation that would expand the shrinking rebate program.
2 years ago
Biden says his budget plan would extend Medicare to 2050 without adding to the deficit
President Biden is proposing to raise taxes on people who make more than $400,000 per year to make sure there's enough money for Medicare.
2 years ago
Biden’s budget and political messages blending for 2024
His trip to Philadelphia on Thursday is a sign that the president’s budget proposal will be a form of political messaging, not just an outline of the government’s finances.
2 years ago
President Biden to present federal budget plan during trip to Philadelphia this week
This will be Biden's first budget proposal since Republicans took the majority in the House.
2 years ago
What to expect from Pa. Gov. Josh Shapiro’s first budget proposal
Shapiro will lay out his full budget plan Tuesday in Harrisburg.
2 years ago
The $6.1 billion spending plan also includes funding for recruitment of city workers to battle a staffing crisis.
2 years ago
‘Pump up the economy’: Elite college women’s hoop tourney draws 25,000 fans to Wilmington
The multipurpose sports complex opened in 2019 and is home for the Blue Boats, the 76ers minor league team. The facility expects 2 million visitors and users this year.
2 years ago
Listen 1:20Why Brexit’s back in the news: Britain and the EU struck a Northern Ireland trade deal
The United Kingdom and the European Union have signed a new agreement intended to solve one of the thorniest challenges created by Brexit.
2 years ago
New data show Philly’s housing market is still in a tough place
Mortgage rates are still elevated. Home prices are still considerably higher than they were pre-pandemic. And inventory is low.
2 years ago