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Economy

The boardwalk in Wildwood, N.J. on August 10, 2022 (
Money

Key indicators show summer delivering a mixed bag to Jersey Shore economy

Overall numbers are better than 2019, but brick-and-mortar gaming revenues were down compared to last year.

3 years ago

Federal Reserve Chair Jerome Powell arrives for a meeting of financial regulators in Washington, D.C., on July 28, 2023. Powell warned on Friday the fight against inflation still
NPR
Politics & Policy

Fed Chair Jerome Powell warns the fight against inflation is far from over

Federal Reserve Chair Jerome Powell said interest rates could stay elevated for an extended period to bring inflation to the central bank's 2% target.

3 years ago

People walk down a boardwalk at Rehoboth Beach on a sunny day.
Politics & Policy

Wave of prohibition against recreational weed stores rolls across Delaware beach towns

The beach towns of Rehoboth, Bethany, and Dewey won’t allow marijuana establishments — and South Bethany, Lewes, and Ocean View could be next.

3 years ago

Listen 1:59
Potential buyers look at a 2023 Cooper Countryman S sports-utility vehicle on the floor of a Mini dealership on Friday, Feb. 17, 2023, in Highlands Ranch, Colo.
NPR
Money

New car prices are cooling, but experts say you still might want to wait to buy

The average transaction price for a new car in July was $48,334, a slight dip from June and only a 0.4% year-over-year increase, according to Kelley Blue Book.

3 years ago

Money
Billy Penn

Everything you don’t pay sales tax on in Pennsylvania, from books to utilities

Sunburn treatments are tax-free, but sunblock isn’t. And pumpkins escape sales tax, but only if you’re planning on one for dinner.

3 years ago

Kap2ure Photography
Studio 2

‘Congratulations, The Best Is Over!’ with R. Eric Thomas, Good Economic News?

The economy is on the upswing. We'll break down the latest on inflation, interest rates and more. Then, the hilarious new essay collection from writer R. Eric Thomas.

Air Date: August 8, 2023 12:00 pm

Listen 50:02
Homes in Yeadon Borough, Pa. (Kimberly Paynter/WHYY)
PlanPhilly
Urban Planning

Report: First-time homebuyers in Philly area need to make more to afford a starter home

High mortgage rates, overvalued homes, and low inventory continue to hurt renters looking to enter the housing market.

3 years ago

Listen 1:12
Shop windows on a busy commercial corridor.
Money

Most Delaware Valley small businesses surveyed by Federal Reserve didn’t see revenue growth last year

The majority of small businesses across the Delaware Valley did not see an increase in revenue during 2022, but that’s an improvement since the COVID-19 pandemic began.

3 years ago

A U.S. Flag hangs in the background at the corner of Wall and Broad Streets in the heart of the Financial District in New York City, Tuesday, Aug. 1, 2023.
Money

Wall Street tumbles to its worst loss in months

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

3 years ago

An early morning pedestrian is silhouetted against sunrise as he walks through the American flags on the National Mall with the U..S Capitol Building in the background in Washington Nov. 7, 2022.
NPR
Politics & Policy

The U.S. loses its top AAA rating from Fitch over worries about the nation’s finances

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

3 years ago

Barbie doll
NPR
Community

What recession? It’s a summer of splurging, profits and girl power

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.

3 years ago

cars submerged in flood waters
Politics & Policy
StateImpact Pennsylvania

Climate adaptation carries a $15 billion price tag for Pa. towns, study says

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

3 years ago

The PSERS building in Harrisburg.
Money
Spotlight PA

Many Pennsylvania state retirees say they can’t afford inflation on their stagnant pensions

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.

3 years ago

Kubota tractors are stored in Uniontown, Pa., Friday, June 9, 2023.
Money

U.S. economy unexpectedly accelerated to a 2.4% growth rate in April-June quarter despite Fed hikes

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

3 years ago

Federal Reserve Chair Jerome Powell arrives for a news conference at the William McChesney Martin Jr. Federal Reserve Board Building following a Federal Open Market Committee meeting on Wednesday, July 26, 2023 in, Washington
Money

Federal Reserve raises its key rate for 11th time by a quarter-point in its drive to slow inflation

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

3 years ago

Page 24 of 168« First«...2223242526...»Last »
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