Philadelphia

On Tuesday, Donald Trump and Kamala Harris engaged in their first and potentially only debate at the National Constitution Center in Philadelphia.  On Oct. 1, vice-presidential candidates JD Vance and Tim Walz will participate in their only debate. Moderated by David Muir and Linsey Davis,...

2024’s sure-to-be-harsh storm season is underway. Tropical Storm Debby is making its way up the East Coast. Populated cities such as Baltimore, Washington D.C. and New York City are at risk of floods. The Forecast: The National Oceanic and Atmospheric Administration issued an update for Storm...

The COVID-19 pandemic accelerated a trend of workers preferring remote work to in-person office attendance. Meanwhile, commercial real estate across the U.S. has suffered as companies do not value expansive office spaces as they did before. The Data: A post on X relayed data from Arbor Data...

In a recent statement, Patrick Harker, the President of the Federal Reserve Bank of Philadelphia, suggested that one interest-rate cut in 2024 would be appropriate, based on the current economic forecast. This announcement reinforces the likelihood of sustained high interest rates. What Happened:...

As residents of the Midwest and Mid-Atlantic United States brace for a historic heat wave, here are 10 stocks that could be impacted by June’s extreme weather. The Forecast: According to AccuWeather, several major population centers will see extreme heat this week. Chicago is forecasted to...

Edward Snowden offered a sarcastic commentary on President Joe Biden’s visit to a Wawa in Philadelphia. What Happened: On Thursday, Snowden took to X, formerly Twitter, to share his views on Biden’s recent visit to a Wawa convenience store in Philadelphia. His tweet, “It’s...

Pop superstar Taylor Swift has been a significant boost to Philadelphia’s hotel industry, with her concerts in May leading to the city’s best month of hotel revenue since the pandemic began, The Hill reports. Swift’s Impact on Philly’s Hotel Revenue Swift’s three sold-...

In a twist to the long-standing belief that buying a home is more financially savvy than renting, a recent study from Redfin Corp (NASDAQ:RDFN) tells a different story. What Happened: Today, in all but four major U.S. metros, it is notably more costly to buy a home than to rent one. Among the 50...

A blockchain is a decentralized, shared ledger that records transactions and tracks assets in a business network. Such an asset can be a tangible one, like a car or a house, or even an intangible one, like property or patents. The goal of a blockchain is to allow digital information to be...

Fintech has not only changed the way we do business, but how we lead our daily lives. Millions of times every day, Americans use fintech apps like Venmo and Zelle to send money straight from their phones, or Paypal and TorFx, to conduct business transactions. Fintech applications include robo-...

Philadelphia voters approved a referendum on marijuana legalization. Preliminary results from Tuesday's elections showed the proposal leading by a 73 percent to 27 percent margin, according to local media. Councilmember Derek Green (D) sponsored the measure that adds a section to the city...

If there is one person to blame for the Philadelphia 76ers’ loss to the Atlanta Hawks, it’s Ben Simmons. The supposed final piece of "The Process," Simmons has become more of a liability than help for the 76ers. Simmons and Joel Embiid were supposed to lead the 76ers...

The Philadelphia 76ers beat the Washington Wizards 125-118 in game one of their first-round series, behind 37 points from Tobias Harris. The Series’ Storyline: Which superstar duo, will lead their team to victory? How To Watch: The Wizards-76ers will be played at the Wells Fargo Center in...

Due to the coronavirus pandemic, Boeing Co. (NYSE: BA) has announced an indefinite suspension of production operations at all Puget Sound and Moses Lake locations until further notice. What Happened The aerospace manufacturer released a statement saying that taking into account the spread of Covid-...

Good day, everyone. The Philadelphia Federal Reserve's manufacturing index, one of the broad indices that  businesses and investors toss into their analytical stew, rose in January to a seasonally adjusted reading of 17 from 9.1 in December. Any reading above zero indicates improving...