Economy

JPMorgan Chase is buying First Republic Bank's deposits, and a "substantial amount of their assets and certain liabilities."

Many economists, though, still expect a recession to hit as soon as the current April-June quarter — or soon thereafter.

Real estate experts say the struggling stretch of Philly needs more investment. But opponents worry the project will destroy an irreplaceable neighborhood.

The president says he's happy to talk with Speaker Kevin McCarthy, but will not negotiate over America's legal debt obligations.

Trading of First Republic Bank shares were halted multiple times today, as investors sold off shares, alarmed by financial disclosures from the bank.

The retailer founded in Springfield, N.J., which also owns the BuyBuy Baby chain, has lost shoppers and money after a series of ineffective or mistimed turnaround attempts.

"Lyft will 'significantly reduce' its staff as part of a company-wide restructuring", said on friday by CEO David Risher.

Chester’s bankruptcy filing has not only halted cases — people with judgments and settlements against the city will likely be left with just pennies on the dollar.

Pulitzer prize winning digital media company BuzzFeed will shut down its news division as it cuts about 15% of its entire staff.

Many would say capitalism is what drove the climate crisis, and that a solution would depend on a different economic model that prioritizes sustainability and equity.

Experts recommend pulling together all of the documents you need and then giving yourself a chunk of time to sit down and get it done.

The agency's projection, included in the 758-page report detailing its proposed regulations, calculates savings of up to $1.1 trillion in consumer gas pricing.

The 90 million taxpayers who have filed as of March 31 got refunds that were an average of nearly 10% less than last year.

Herm Suplizio, manager for the city of DuBois Pa, has been arrested for stealing more than $600,000 from public accounts over which he had signatory control.

Advocates say the report documents the pandemic’s impact on affordable housing units, but the full impact is still being examined.