Philly Economy

Philadelphia’s Business Tax Break Set to Vanish

News Summary Philadelphia is poised to eliminate the BIRT exclusion, a tax break that has benefited small businesses for a…

3 months ago

McAdam Achieves Tope Ranking in Financial Advisory Industry

News Summary McAdam Financial Advisory has achieved prestigious recognition once again, securing a position on the list of Best Financial…

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 Budget Proposal Addresses Tax Reforms and Transit

News Summary As spring arrives, Philadelphia officials present a $6.7 billion budget proposal tackling the Business Income and Receipts Tax…

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

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’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…

3 months 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…

3 months ago

Challenges Mount for Philadelphia’s Food Assistance Programs

News Summary Philadelphia's food assistance programs are facing significant challenges due to rising demand and cuts from the USDA. Organizations…

4 months ago