Economy
Philly falls short of local purchasing goals during pandemic
Just 26% of Philadelphia’s spending on goods and services went to local suppliers, well short of the city’s 58% goal.
4 years ago
Draft bills and late-night emails reveal cozy ties between Pa. state lawmaker, casino lobbyists
Representatives of Parx Casino and state Sen. Tommy Tomlinson have worked in lockstep to ban unregulated, slot-like skill games that pose a threat to traditional gaming.
4 years ago
N.J. commission approves first recreational weed retail licenses
Retail licenses could be issued within a month, after approved alternative treatment centers pay fees and undergo compliance assessments.
4 years ago
The child tax credit was a lifeline. Now some families are falling back into poverty
The payments from the child tax credit were closing the gaps on child hunger and poverty across America.
4 years ago
Philly Fed president calls inflation ‘the 10% elephant in the room’
The former University of Delaware president stressed that the economy has been resilient during the pandemic but war in Ukraine will lead to short-term price hikes.
4 years ago
Comcast and federal programs provide low-cost or free internet to families with low income
Comcast is increasing the internet speed available through its existing affordable program. Tying it to a new federal program can mean free internet for eligible households.
4 years ago
U.S. official: U.S., allies to ban new investments in Russia
The U.S. and its European allies will impose stiff new sanctions, a U.S. official says, in retaliation for Russia’s “war crimes” in Ukraine.
4 years ago
Elon Musk joins Twitter board after amassing massive stake
Elon Musk is joining Twitter’s board of directors, one day after it was disclosed that the Tesla CEO took a 9% stake in the social media platform.
4 years ago
Why not make SEPTA free — for everyone?
Ditching the high cost of a botched fare system gets us part of the way there, plus re-prioritizing $9.2 billion in anticipated federal funds.
4 years ago
Food prices are going up — and at levels Americans haven’t seen in decades
The USDA's latest report found that nearly all major food groups are going up in price.
4 years ago
U.S. added 431,000 jobs in March in sign of economic health
The government’s report showed that last month’s job growth helped shrink the unemployment rate to 3.6%. That’s the lowest rate since the pandemic erupted two years ago.
4 years ago
$5.6 billion Philly budget officially introduced in City Council
The mayor’s $5.6 billion spending plan looks like it will have fewer changes than usual this year in part because there are no tax increases proposed.
4 years ago
Biden tapping oil reserve for 6 months to control gas prices
It is a bid to control energy prices that have spiked after the United States and allies imposed steep sanctions on Russia over its invasion of Ukraine.
4 years ago
Kenney to propose $5.6 billion Philly budget with more than $184 million to fight violence
Philadelphia’s more than $5 billion spending plan is designed to promote racial equity while also trying to make the city safer and better for all.
4 years ago
City Council members call for wealth tax in Philadelphia
City Councilmembers Kendra Brooks and Jamie Gauthier, Senator Elizabeth Warren, and local union leaders joined a virtual gathering on Tuesday in support of the bill.
4 years ago














