Economy

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.

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.

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.

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.

A slate of bills reference the energy situation in Europe caused by Russia’s war with Ukraine, though many of the issues the bills would address have lingered for years.

The Philly Wealth Tax could bring in $150 to $400 million a year, backers say.

President Biden's budget plan calls for higher taxes on the wealthy, lower budget deficits, more money for police and greater funding for education, public health and housing.

In his proposal expected Monday, the lower deficits also reflect the economy's resurgence as the United States emerges from the pandemic.

The monthly tip income factored in the minimum wage employers can pay will go up to $135 soon. But it still doesn’t mean a paycheck you can live on.

U.S. President Joe Biden asserted that Russian President Vladimir Putin uses energy to “coerce and manipulate his neighbors.”

According to a new study from UCLA, people of color were integral to keeping the business afloat — both on screen and in the audience.

Every state resident who filed a 2020 tax return will get a direct payment, under a bipartisan plan expected to be approved by lawmakers next month.

Powell's message was more hawkish than his comments were after last week's Fed meeting.

As demand for business returns to pre-pandemic levels, Delaware Valley manufacturers struggle to hire, while stigmas about the industry persist.

The SEC is expected on Monday to propose new requirements for companies to disclose their greenhouse gas emissions and risks to their businesses from climate change.