economy

News

You Know Who’s Not Working This Summer? Teenagers.

Teenagers are not working like they used to. New data shows that the number of teens with a job while in still in school has […]

Business

No, the Economy Isn’t Plunging Into a Recession

The S&P 500 got off to one of its worst starts in history this year. While many are preparing for another significant economic downturn, at […]

Citified

5 Things to Know about Darrell Clarke’s Massive Jobs Plan

On Inauguration Day, City Council President Darrell Clarke announced in a semi-mayoral speech that he would soon unveil an energy savings program that would create more than 10,000 […]

Business

In Philly, Ben Bernanke Says Individuals Should Have Been Charged in Economic Crisis

According to Ben Bernanke, the United States economy is doing just fine. During a recent talk at the Philadelphia Free Library, the former chairman of […]

Citified

This Nifty New Tool Shows How Much It Costs to Live in Philly

Last month, we reported that an analysis by the Tax Foundation found that $100 doesn’t go very far in Philadelphia compared to other parts of the […]

Business

U.S. Stocks Down After Early Rally, Philly Companies Feel the Heat

After “Black Monday,” U.S. stock prices seemed poised to rebound on Tuesday — until a late-day tumble saw the Dow Jones Industrial Average fall 205 points. Stocks […]

Business

This Philly Business Guru Predicted the Chinese Financial Crisis Plaguing the U.S. Stock Market

At Monday’s opening bell, the Dow Jones industrial average dropped an astounding 1,000 points in minutes, then stock prices rose and fell in a volatile […]

Business

Donald Trump Thinks the Unemployment Rate is 42%

The more that Donald Trump emerges as a viable presidential candidate, the more people will want to know about his views on the economy. In an […]

Citified

Here’s How Much $100 Is Worth in Philly

A hundred bucks doesn’t go very far in Philadelphia. The Tax Foundation examined the cost of living in metropolitan areas across the nation, and found that […]

Business

Hillary Clinton vs. Uber and the Sharing Economy

Hillary Clinton has put Uber, Airbnb and the sharing economy in her crosshairs as she runs for president. In a speech laying out her economic agenda […]

Citified

MAP: Where Income Inequality Is the Worst in Philly

We’re starting to wonder why the Occupy movement didn’t start in Philadelphia. For the umpteenth time in the last few years, a study has just come out […]

Business

NJ’s Economic Growth Near Worst; PA Just Average

New data from the U.S. Bureau of Economic Analysis finds that New Jersey had poor economic growth in 2014. Compared to other states, New Jersey […]

Business

Port Plan: 8,100 New Jobs are Possible

What should we do with Southport? The 239-acre parcel at the east end of the Philadelphia Navy Yard has been the topic of much debate over the […]

Business

Bank Execs Indicted For Allegedly “Hiding” Bad Loans

Two former executives of Wilmington Trust Corp. have been indicted for making false statements to the government in connection with the bank’s handling of bad loans during the […]

Business

Philly’s Business Environment Ranks Near Last in New Study

Almost every day, some organization releases a report ranking U.S. cities. Best cities for buying a home. Best cities to start a restaurant. Best cities to raise a […]