Economy

Rite Aid Files for Bankruptcy Again Amid Financial Struggles

News Summary Rite Aid has filed for bankruptcy for the second time in under two years, revealing plans to close…

3 months ago

Philadelphia High Schools to Mandate Financial Literacy Courses

News Summary Starting in the 2026-27 school year, Philadelphia high school students will be required to take financial literacy courses…

3 months ago

Outrage as Food Trucks Towed in North Philadelphia

News Summary In North Philadelphia, food truck owners are expressing their outrage after at least seven food trucks were towed…

3 months ago

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,…

3 months 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…

3 months 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…

3 months 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…

3 months 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…

3 months 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…

3 months 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…

3 months ago