Economy

Facing drastic budget cuts, the Philadelphia Cultural Fund may seek financial support from outside the city government.

The 1.5 million is a historically high number, even as the economy increasingly reopens and employers bring some people back to work.

While retail sales bounced back in May, the wealthiest Americans are not spending as freely as they did before the pandemic. And that could limit the recovery.

A Hilco Redevelopment Partners executive told a City Council hearing the company’s plan will create 8,000 union construction jobs, 10,000 permanent jobs.

The city voted to allow restaurants to allow indoor dining despite it violating an executive order from Gov. Phil Murphy.

Biden pitches COVID-19 reopening plan in Philly — saying Trump’s strategy leaves workers and small businesses in the lurch.

He is promising to dramatically expand testing for the virus, guarantee federal paid leave for all who get sick and create a national task force to better track COVID's spread

“No one should be forced to choose between their livelihood and contracting COVID-19,” said N.J. Labor Commissioner Rob Asaro-Angelo.

The City of Wilmington aims to increase restaurant business while keeping diners safe amid the coronavirus pandemic by launching curbside seating.

The latest figure from the Labor Department marked the 10th straight weekly decline in applications for jobless aid since they peaked in mid-March when COVID-19 hit hard.

Companies can borrow money from the Federal Reserve under its new lending programs. It's been good for the stock market, but the economy has seen lopsided results.

The committee tasked with marking U.S. business cycles says the economy peaked in February, and has since been in a recession triggered by the pandemic.

Several states are projecting tax revenue will be down 20% or more for the fiscal year starting next month.

Experts say the spate of ATM explosions have nothing to do with political protest.

Biden says any president who doesn’t take responsibility for massive job losses deserves no credit when a fraction of those jobs return.