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Money

Community member Imani Davis, who sits on the Philly Joy Bank steering committee, called guaranteed income for pregnant people “life changing” during a press conference Sat., June 22, 2024 at Cecil B. Moore Library in Philadelphia. (Nicole Leonard/WHYY)
Business

Philly Joy Bank launches guaranteed income program for pregnant Philadelphians

The guaranteed income pilot program is modeled off of similar programs in Canada, San Francisco and New York City.

6 months ago

Listen 6:45
Mayor Cherelle Parker (right), Local 159(b) Eric Desiderio (middle) and Michael Resnik, prisons commissioner, speak at the arbitration announcement June 17, 2024. (Tom MacDonald, WHYY)
Employment
Incarceration
Philadelphia

Half-staffed: More money for Philly guards as city prisons at 55% staffing level

Better pay and a temporary halt to the residency requirement could help draw new corrections officers from the suburbs.

6 months ago

Listen 1:07
The heart of Philadelphia commerce in Center City.
Business
Economy
Philadelphia

Pew researchers measured Philly’s business tax burden. Here’s what they found

The organization analyzed more than 920,000 tax returns filed by businesses in Philadelphia to better understand the business tax landscape.

6 months ago

cars parked by a SEPTA train
Philadelphia
Public Spaces
Transportation

SEPTA’s commuter parking spots won’t be free for much longer

Since March 2020, parking at 146 SEPTA station stops have been free for commuters, but ridership recovery and a budget crunch are changing that.

7 months ago

Listen 1:03
Buildings are seen along Market Street in Center City
Studio 2
Economic Development
Economy
Employment
Higher Education
Philadelphia
Race & Ethnicity

Are return-to-office mandates helpful or harmful?

Mayor Parker is ordering city workers back to the office five days a week. Who is winning the battle between remote and office work?

Air Date: May 22, 2024 12:00 pm

Listen 50:04
woman smells candle
Studio 2
Delaware
Economic Development
Economy
New Jersey
Pennsylvania

Is the state of the economy really bad?, psychology of smell, Crozer hospital ownership in limbo

We hear a lot of complaints about the economy. But, is it really that bad? We'll get the answer from Moody's Analytics Mark Zandi.

Air Date: May 15, 2024 12:00 pm

Listen 49:50
Keith Gill
Economy

Roaring Kitty is back and so are meme stocks, GameStop and AMC surge at the opening bell

Keith Gill, better known as “Roaring Kitty,” posted an image on Sunday of a man sitting forward in his chair, a meme used by gamers when things are getting serious.

8 months ago

Suzanne Harrison holds a photo of her brother
Addiction
National
New Jersey

Local governments in N.J. and other states struggle to distribute money from opioid settlements

Most towns with populations over 10,000 are getting part of the funds, which total over $50 billion. In at least one New Jersey county, not much planning has happened.

8 months ago

Kim Newmoney/Penguin Randomhouse
Studio 2
Animals
Books
Economy

Amy Tan’s ‘The Backyard Bird Chronicles’, The Nightmare of Customer Service

The Joy Luck Club author Amy Tan on her new book, The Backyard Bird Chronicles. Plus, from AI chatbots to cheap products, American consumers have a long list of complaints.

Air Date: May 9, 2024 12:00 pm

Listen 49:59
Protester holds a sign that says 'Genocide'
NPR
Business
International
Protests

Top companies are on students’ divest list. But does it really work?

Protesters want their universities to sell off their investments in companies that have businesses or investments in Israel because of the country's invasion of Gaza.

8 months ago

Rowhomes in Wilmington on a street.
Delaware
Economic Development
Economy

In revitalizing Wilmington’s southeastern side, the focus is on fostering and growing a multiethnic economy

The city plans to rejuvenate its southeastern side, emphasizing diversity and exploring an Office of New Americans.

8 months ago

FDIC
Business
Economy
Philadelphia

Regulators close Philadelphia-based Republic First Bank, first U.S. bank failure this year

The FDIC said it had seized the Philadelphia-based bank, which did business as Republic Bank and had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31.

8 months ago

NJ Transit
Economy
New Jersey
Transportation

New Jersey Transit approves a 15% fare hike, the first increase in nearly a decade

The increase, which takes effect July 1, also calls for annual, regular fare increases of 3% in subsequent years. It's the first time rates will rise in nearly 10 years.

9 months ago

The Benjamin Franklin Bridge spanning the Delaware River
Economic Development
Infrastructure
Philadelphia
Real Estate

Investors pour $1B into Delaware River waterfront projects over 10 years

There’s a steady pipeline of projects planned along the Philly waterfront — including apartments, retail and a public park — even though one developer paused mid-construction.

9 months ago

Listen 1:11
Vice President Kamala Harris appears in front of a mic at a press conference
Economy
Government
Income Inequality
Personal Finance
Philadelphia

Vice President Kamala Harris unveils more student debt relief measures in North Philly

The Biden administration expects the debt relief program will help 30 million people nationwide.

9 months ago

Listen 1:00
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