Economy
Wall Street enters a bear market as the S&P 500 dives 3.9%
Wall Street entered a bear market Monday as the S&P 500 sank 3.9%, bringing it more than 20% below the record high it set in January.
4 years ago
President Biden to visit Philadelphia on Tuesday, speaking at AFL-CIO convention
The convention brings 57 unions together to debate, vote on resolutions and chart the course for the labor movement's future.
4 years ago
The Philadelphia Quaker who invented modern work’s relentless drive for efficiency
Frederick Taylor began experimenting with “scientific management” at Nicetown’s Midvale Steel.
4 years ago
Gas hits $5 a gallon for the first time. Here’s how it got here and what’s ahead
Gasoline has become more expensive given that oil prices have surged as the world recovers from the pandemic. Russia's invasion of Ukraine has also made things worse.
4 years ago
New baby formula plant gets another $8 million from Pa.
The new funding comes amid a nationwide shortage of infant formula.
4 years ago
Inflation soars to an over 40-year high. These are the ways Americans are coping
Consumers are watching their pennies at the gas station and grocery store as prices soar, but continue to spend freely in other areas by tapping savings or credit cards.
4 years ago
No, you’re not imagining it — package sizes are shrinking
Experts say shrinkflation proliferates in times of high inflation as companies grapple with rising costs for ingredients, packaging, and labor.
4 years ago
A new quarter honors Native American leader and activist Wilma Mankiller
The Cherokee National History Museum will host a launch event for the new quarter. Mankiller was the first woman to head a major Native American nation in the U.S.
4 years ago
Biden waives solar panel tariffs, seeks to boost production
President Joe Biden is invoking the Defense Production Act to increase U.S. manufacturing of solar panels while declaring a two-year tariff exemption on some imported panels.
4 years ago
The idea of working in the office, all day, every day? No thanks, say workers
Working from home isn't possible in many jobs, but in companies where it is, the return to office has become a point of tension between workers and their bosses.
4 years ago
Digital currencies flow to campaigns, but state rules vary
Cryptocurrency donations have become a big part of fundraising for many candidates running for office across the U.S. But not all candidates can solicit those donations.
4 years ago
Soaring inflation divides spending for haves and have-nots
Americans at the low end of the income rung are once again struggling to make ends meet.
4 years ago
Philly budget could have bigger surplus than expected
The Quarterly City Managers Report shows Philadelphia could potentially have a year-end fund balance of $389.9 million.
4 years ago
Air travelers face cancellations over Memorial Day weekend
Airline travelers are not only facing sticker shock this Memorial Day weekend. They’re also dealing with a pileup of flight cancellations.
4 years ago
Philly lost nearly 25,000 residents in 2021, according to new census report
New numbers from the U.S. Census Bureau show Philadelphia joined other large cities across the country in shedding residents between 2020 and 2021.
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