Economy

Anna Paulson Appointed New President and CEO of Philadelphia Fed

News Summary Anna Paulson is set to become the new president and CEO of the Federal Reserve Bank of Philadelphia,…

4 days ago

Philadelphia’s Bold Housing Initiative Aims to Transform Market

News Summary Philadelphia is taking significant strides to address its housing crisis through the new HOME Initiative, proposed by Mayor…

4 days ago

Independence Health Group Reports $239 Million Loss in Philadelphia

News Summary Independence Health Group, the parent company of Independence Blue Cross, has announced a hefty $239 million net loss…

6 days ago

Enrollment Up in Philadelphia Schools for the First Time in a Decade

News Summary The School District of Philadelphia has seen its first increase in student enrollment in nearly ten years, with…

6 days ago

Surge in ‘Low-Buy’ Lifestyle Trends Amid Rising Costs

News Summary In Philadelphia, the rising costs of living are prompting many individuals to adopt 'low-buy' and 'no-buy' lifestyles, emphasizing…

6 days ago

Philadelphia Faces SEPTA Fare Hikes and Service Cuts

News Summary Philadelphia residents face significant fare increases and potential service cuts as SEPTA confronts a substantial budget deficit. Starting…

6 days ago

Philadelphia Arts Organizations Hit Hard by Funding Crisis

News Summary Philadelphia's arts and cultural organizations are facing a severe funding crisis as millions in federal grants have been…

6 days ago

Philadelphia’s Progress and Challenges Post-Pandemic

News Summary As Philadelphia emerges from the pandemic, a new report reveals mixed results in the city’s recovery. While crime…

6 days ago

Resilience in Nicetown: A Community’s Journey Through Challenges

Philadelphia Inquirer: Nicetown Community's Journey Philly YIMBY: 23-Unit Building in Nicetown Philadelphia Inquirer: Biden's Infrastructure Plan Philadelphia Inquirer: Reconnecting Urban…

1 week ago

SEPTA Faces $213 Million Budget Deficit: Service Cuts Ahead

News Summary The Southeastern Pennsylvania Transportation Authority (SEPTA) is confronting a $213 million budget deficit, which may lead to significant…

1 week ago