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Economy

A commission of Pennsylvania lawmakers and state officials is working in Harrisburg to come up with a plan to pay down the state's pension debt. (Matt Rourke/AP Photo)
Politics & Policy

Pennsylvania looking for ways to reduce pension liability

Pennsylvania State Treasurer Joe Torsella has estimated that in the last 10 years, the state has wasted roughly $5.5 billion on payments to investment managers

7 years ago

Speaking at the White House, President Trump called Friday's report of 4.1 percent economic growth in the second quarter
NPR
Money

U.S. economy surges to a 4.1 percent growth pace in 2nd quarter

That was nearly double the first quarter rate of 2.2 percent and the strongest pace in nearly four years.

7 years ago

European Commission President Jean-Claude Juncker arrives for the second day of a NATO summit in Brussels, Belgium, July 12, 2018. Tatyana Zenkovich/Pool via REUTERS - RC1284F43000
PBS NewsHour
Politics & Policy

EU officials to meet Trump, wielding a $20-billion threat

7 years ago

(Big Stock photo)
Politics & Policy

N.J. moves forward on recreational pot, but expert says tax bounty may be limited

Legislative leaders are working to coordinate bills for expanding the state’s medical marijuana program as well as legalizing recreational use for adults.

7 years ago

In New Jersey, several Democratic lawmakers are pushing for a state identification card for those lacking the personal documents required to get a federally compliant driver’s license. (WHYY file photo)
NewsWorks Tonight
Politics & Policy

As New Jersey sues over cap on local tax deductions, Congress keeps arguing

New Jersey's Legislature and governor created a law that allows school districts, municipalities and counties to create their own charitable funds.

7 years ago

In this Thursday, Nov. 2, 2017, photo, a recruiter from the postal service, right, speaks with an attendee of a job fair in Cheswick, Pa. (AP Photo/Keith Srakocic)
Politics & Policy

Pa. unemployment dips to an 11-year low

The Department of Labor and Industry’s newly released June numbers mark the second month in a row the commonwealth has set a new post-recession jobs record.

7 years ago

In this Thursday, Feb. 15, 2018 file photo, a woman holds the prescribed medical marijuana product used to treat her daughter's epilepsy after making a purchase at a medical marijuana dispensary in Butler, Pa. Two new studies released on Monday, April 2, 2018 suggest that legalization of marijuana may reduce the prescribing of opioids. (AP Photo/Keith Srakocic)
Money
WESA

DePasquale, Peduto tout tax windfall from legalizing pot

A federal drug-use survey suggested that 8.38 percent of Pennsylvania’s 9.5 million adults use marijuana at least on a monthly basis.

7 years ago

A soda tax protester outside Philadelphia City Hall (WHYY, file)
NewsWorks Tonight
Politics & Policy

Pa. Supreme Court upholds Philly’s soda tax

Coalition representing soda distributors and stores selling soda continues calling on elected officials to repeal the tax.

7 years ago

Listen 2:03
Governor Tom Wolf and Treasurer Joe Torsella announced Thursday that the state can afford to put money into its Rainy Day fund for the first time in a decade. (Katie Meyer/WITF)
Politics & Policy

After a lean decade, PA’s putting money in its rainy day fund

The $22 million dollar transfer is modest as far as Rainy Day funds go. The administration estimates it would only keep the state going for about a quarter of a day.

7 years ago

A shipping container is offloaded from the Hong Kong-based ship in Oakland, Calif., last month.
(Justin Sullivan/Getty Images)
NPR
Politics & Policy

China says U.S. has begun ‘largest trade war’ in history, retaliates with tariffs

The tariffs threatened against billions of dollars in Chinese goods took effect at midnight ET while many Americans were sleeping — but Beijing was ready with a wake-up call.

7 years ago

Pedestrians walk toward the downtown visitors center and Central Market in Lancaster, Pennsylvania. (Lindsay Lazarski/WHYY)
Marketplace
Keystone Crossroads
Community

How residents crossed party lines to revitalize this Pennsylvania city

New York Times columnist Thomas Friedman joined us to talk about how civic coalitions are helping to revitalize old towns.

7 years ago

The sky surrounding the Statue of Liberty in New York is lit red by a firework in 2005. Nearly all the fireworks consumers will purchase this year — and 70 percent of those used by professionals — are manufactured in China. (Mel Evans/AP)
NPR
Money

For Independence Day fireworks, U.S. depends on China

Those of us who want to celebrate Independence Day with a bang are almost totally dependent on China for supplies.

7 years ago

Pennsylvania Treasurer Joe Torsella launches the Keystone Scholars program in Elk County, putting $100 in a college savings account for every child born or adopted there. Gov. Tom Wolf recently signed a law extending the program to all of Pennsylvania.
Education

New Pennsylvania college savings plan targets newborns

The purpose of providing the starter deposit is to raise awareness about the children’s savings accounts, known as 529 accounts.

7 years ago

In this file photo, a welder fabricates anchor bolts for roads and bridges at the custom manufacturer in Pennsylvania.  (AP Photo/Matt Rourke)
Keystone Crossroads
Politics & Policy

Pennsylvania among key Trump states more skeptical of free trade, study finds

A study by Bucknell University’s Institute For Public Policy counts Pennsylvania as one of the states where residents are most skeptical of free trade agreements.

7 years ago

New Jersey Gov. Phil Murphy is reviewing the latest compromise offered by legislative leaders to arrive at a budget deal. The governor made concessions of his own Tuesday. (Michael Zorn/Invision/AP)
Politics & Policy

Hoping to avert N.J. shutdown, Murphy and lawmakers haggle over budget plan

Without a budget deal by midnight Saturday, there could be a government shutdown that would close state parks and beaches ahead of the Fourth of July holiday.

7 years ago

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