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Economy

FILE - The FTX Arena logo is seen where the Miami Heat basketball team plays on Nov. 12, 2022, in Miami. The former CEO of failed crypto firm FTX Sam Bankman-Fried has been arrested in the Bahamas at the request of the U.S. government, the U.S. attorney’s office in New York said Monday, Dec. 12. (AP Photo/Marta Lavandier, File)
Money

FTX’s Bankman-Fried charged by U.S. for ‘scheme’ to defraud

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

4 years ago

The Philadelphia skyline is pictured at night
Money

Philly’s $500 million budget surplus could disappear if there is a financial downturn

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

4 years ago

Activists in support of unionized rail workers protest outside the House side of the Capitol on Tuesday. (Kent Nishimura/Los Angeles Times via Getty Images)
NPR
Politics & Policy

Senate passes railroad legislation to prevent a strike

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.

4 years ago

Leaves in a Central Jersey park
Politics & Policy

Does Central Jersey exist? Proposed tourism bill hopes to settle the debate

State Sen. Andrew Zwicker’s proposal to boost tourism in Central Jersey would put a clear definition on the often-debated region.

4 years ago

A person with shopping bags walks by a sign advertising Black Friday sales.
NPR
Money

Here’s how inflation is changing holiday deals and shopping

Shoppers are expected to spend a record amount of money this year because nearly everything is more expensive. There are some relative bargains, if you know where to look.

4 years ago

A Christmas Tree is lit up outside City Hall in Philadelphia
Community

Center City business district promotes unique and boutique holiday shopping experience

Philly businesses in Center City encourage holiday shoppers to visit shops downtown — the majority of which are locally-owned — this season.

4 years ago

Two people stand at the counter of a store. Plants are visible in the background.
PlanPhilly
Money

‘It’s an experience, not a transaction’: Despite closures, Center City retail rebounds closer to pre-pandemic levels

More than 175 new retailers, restaurants, and businesses have opened in Center City since 2020, getting Philly closer to its pre-pandemic retail occupancy rates.

4 years ago

Listen 4:27
Federal Reserve Chair Jerome Powell attends a meeting of the International Monetary and Financial Committee in Washington, DC, on Oct. 14. Powell announced another interest rate hike on Wednesday. (Jim Watson/AFP via Getty Images)
NPR
Money

The Fed orders another jumbo interest rate hike. Many are wondering what’s next

The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation.

4 years ago

A close-up of the World Series 2022 sign on the baseball field at Minute Maid Park in Houston.
Money

Recession-proof? World Series ticket market shows no sign of economic downturn

Phillies World Series tickets are selling for thousands above list price, proving some fans won’t let anything stop them from the chance to see their team win it all.

4 years ago

A sign is visible on a sunny day with trees with fall colors in the background.
Politics & Policy
Billy Penn

Philadelphia mail ballots will be counted by a mix of workers and machines at a Roosevelt Boulevard facility

It’s a different counting location than the one the city used in 2020, when election workers spent days tallying ballots at the Pennsylvania Convention Center in Center City.

4 years ago

A silhouette of fans cheering as the Phillies celebrate on the field at Citizens Bank Park.
Money

The ‘inexact science’ of measuring the World Series’ impact on Philly’s bottom line

Philly hotels and restaurants are preparing for a bump, but measuring the economic impact of sports is an “inexact science.”

4 years ago

A view of a gas prices sign showing gas to be over $4 a gallon.
Politics & Policy
Spotlight PA

Pa. election 2022: Where governor candidates Mastriano, Shapiro stand on the gas tax, business regulations, and property taxes

There’s not much that Pennsylvania’s next governor can do to directly tackle inflation or its underlying causes, but he can help blunt the impact of rising prices.

4 years ago

A view of pickleball courts on a sunny day.
Arts & Entertainment

A pro pickleball tournament heads to the Jersey Shore next year

Hundreds of pickleballers of all skill levels will descend on Avalon next year to take part in a major tournament.

4 years ago

Philadelphia City Hall.
Politics & Policy

Impact of inflation starting to show in Philly revenue report

Economic signs show the start of inflation’s impact on city revenue sources, including sales tax and beverage tax.

4 years ago

Philadelphia Phillies relief pitcher Jose Alvarado (46) acknowledges the fans after being relieved during the seventh inning in Game 4 of baseball's National League Division Series between the Philadelphia Phillies and the Atlanta Braves, Saturday, Oct. 15, 2022, in Philadelphia. (AP Photo/Matt Rourke)
Radio Times

Regional Roundup: October 17, 2022

PMA organizers ratify a contract after three years of bargaining. Plus, Philly sports fanatics are amped up. And, Philadelphia Bee Company's Don Shump on lanternfly honey.

Air Date: October 17, 2022 10:00 am

Listen 49:15
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