Economy

Chair Jerome Powell is still likely to stress, though, that the Fed’s campaign to conquer high inflation is far from over.

The proposal for fiscal 2024 stresses new investments in education, housing, and the environment, plus significant pay raises for many state employees.

The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.

Amazon, Salesforce and Goldman Sachs have also announced cuts during a brutal January for corporate workers.

The BBEx Network on Sunday brought together Black and brown professionals from across Philly to hear from some of the mayoral candidates directly.

The state-appointed receiver testified in court that city officials are blocking his efforts to save the bankrupt city and behaving unethically.

The U.S. endured 18 separate billion-dollar disasters in 2022, highlighting the growing damages of human-caused climate change.

Workers earning minimum wage in 23 states and the District of Columbia got a raise over the New Year's holiday, according to the Economic Policy Institute.

The Garden State joins Delaware and New York in getting closer to $ 15-an-hour minimum wage.

Grant awardees can use the money for early-stage expenses and technical training.

Water rates will increase in 2023 for hundreds of thousands of residents in our region — from Wilmington, Del., to the Pennsylvania suburbs.

The Federal Reserve raised interest rates by half a percentage point Wednesday, which was a smaller increase than the four previous hikes.

Bankman-Fried was arrested Monday by Bahamian authorities at the request of the U.S. government.

A new report finds Philly has a sizable budget surplus for the first time in a long time.

The Senate has approved a measure meant to avert a railroad strike in eight days — without the paid sick days rail workers have been asking for.