Economy

One of the world's largest container ships is solidly lodged in the Suez Canal, blocking billions of dollars' worth of commerce each day.

Nearly one in five Black Pennsylvanians was unemployed as 2020 ended, according to a report by the Economic Policy Institute, a left-leaning D.C. think tank.

That lack of supply is also driving up prices as bidding wars break out with multiple offers on many homes.

The budget fills a $5.6 million deficit via the city’s tax stabilization reserves, but layoffs or tax increases could come if City Council adds lots of new spending.

After passage of a $1.9 trillion stimulus package, President Biden headed to one of the places that helped get him into office: southeastern Pennsylvania.

President Biden has found several highly accomplished economists who are not just women but are also Black, and has placed them in top posts in his administration.

Forty-five of the 594 Black-owned Philly businesses listed in a local directory in 2020 have since closed, either temporarily or permanently — a decline of about 8%.

Generations of systemic discrimination have decimated the number of Black farmers in the U.S. Agriculture Sec. Tom Vilsack talked with NPR about new funding for debt relief.

Democrats passed the $1.9T bill on a party-line vote, and Republicans don't appear ready to compromise on infrastructure, voting rights, minimum wage, immigration, and more.

The package includes $1,400 checks for individuals making up to $75,000 per year, or $2,800 for couples making up to $150,000 annually.

Gov. Tom Wolf is already resigned to the GOP-controlled legislature blocking his plan for $7 billion in federal stimulus money.

President Joe Biden is set to sign into law Thursday the $1.9 trillion relief package that he says will help the U.S. defeat the virus and nurse the economy back to health.

Billions will flow into districts across Pennsylvania, and they’ll have to spend it quickly. That creates critical questions for school leaders.

The Senate approved President Biden's $1.9 trillion coronavirus relief plan Saturday, securing additional aid for American families, workers and businesses.

Under the compromise, those payments — payable on top of regular state benefits — would be reduced to $300, but run an extra month through September.