Economy
40.8 million out of work in the past 10 weeks, 26% of labor force
Just last week, another 2.1 million people filed for unemployment benefits, the Labor Department said Thursday.
6 years ago
Pandemic disrupts illegal drug trade, upending both product and profits
One researcher says small-scale disruptions are common in the illegal drug trade, but the chaos seen in recent months is nearly unprecedented.
6 years ago
Coronavirus closures send Atlantic City casino profits down 65%
Second-quarter earnings are sure to be worse because the casinos have been shut all of April and, so far, May, with no reopening date scheduled.
6 years ago
AP-NORC poll: Many in U.S. won’t return to gym or dining out
That hesitancy in the wake of the coronavirus outbreak could muffle any recovery from what has been the sharpest and swiftest economic downturn in U.S. history
6 years ago
Pennsylvania jobless rate hits 15.1% as payrolls collapse
Meanwhile, payrolls fell by more than 1 million to the lowest level in at least three decades.
6 years ago
Despite ‘information deficit,’ Delaware projects slight improvement for revenue
After slashing expectations for state revenue in the coming fiscal year, a state council has added some of that revenue back into their projection.
6 years ago
Face masks provide a new frontier for retailers during coronavirus crisis
Many popular brands including Nordstrom and Gap now sell nonmedical grade face masks to meet consumer demand, but experts say mask sales are a drop in the bucket.
6 years ago
Evictions, strikes, and making rent during a pandemic
As the coronavirus continues to upend the job market, many people have started wondering how they will make their rent and mortgage payments on the first of the month.
Air Date: May 21, 2020
Listen 48:58The Republicans who signed the letter to Gov. John Carney want him to start the first phase of reopening this weekend, not his June 1 target date.
6 years ago
Home decor retailer to cease operations, liquidate Philadelphia-area stores
A Texas-based home decor retailer has filed a motion seeking bankruptcy court approval to begin a wind-down of its retail operations.
6 years ago
Facebook launches virtual shopping mall, saying it will help small businesses
The social network is positioning its new commerce feature as a way to help small businesses that have been hit hard by the coronavirus pandemic.
6 years ago
Businesses are reopening, but customers may not be ready to go back
Analysts say that businesses and their customers, through their actions, will decide when the economy opens up again.
6 years ago
Social distancing and summer at the Jersey Shore
N.J. beaches will be open just in time for Memorial Day weekend. But how could a socially-distanced Jersey Shore change the close culture beach-goers love?
Air Date: May 18, 2020
Listen 14:22Uber cuts 3,000 more jobs as pandemic squeezes ride-hailing
The company is slimming down to focus on rides and food delivery while cutting $1 billion in costs this year.
6 years ago
Casino workers struggle as Atlantic City sees last year’s gains fade away
While casinos and local unions formulate guidelines for reopening, city government fights off a referendum and out-of-work residents line up for food.
6 years ago














