Retail in Center City is thriving in 2024 according to its annual retail report
Retail is thriving in Philadelphia's Center City, according to its annual report. FOX 29's JoAnn Pileggi has the details.
Macy's delays Q3 earnings after employee conceals $154M in expenses
Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 million to $154 million in expenses.
How much money does it take to be financially successful? Depends on who you ask
Boomers and Gen Z had different answers in a new survey about how much money you need to be financially successful. But as it turns out, they may not be that far apart when you consider inflation.
Walmart warns of higher prices if Trump implements proposed tariffs
Potential tariffs could cost American consumers between $46B and $78B in annual spending power, the National Retail Federation says.
Trump to nominate Scott Bessent as treasury secretary
Scott Bessent was a key economic policy adviser and fundraiser for the Trump campaign.
Nearly 3 in 4 Americans fear Social Security won't be available when they retire, poll finds
A new survey reveals widespread concerns among Americans about the future of Social Security benefits as the program faces potential funding shortfalls.
Historic 1652 coin found in furniture sells for $2.5M at California auction
A rare 1652 silver coin, about the size of a nickel, sold for $2.5 million at a California auction, breaking the previous record for a pre-Revolution American coin.
Target quarterly results fall as holiday discounts and dockworker strike hit profits
Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.
DOGE reportedly considers mobile tax-filing app to simplify US tax process
The Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, may develop a mobile app for filing taxes, aiming to simplify the tax process for Americans.
Trump's Treasury secretary pick: Who are the contenders?
President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.
Credit card debt surges to another record high, New York Fed data shows
Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.
Philadelphia strike: Largest city union prepares for strike as labor tensions continue
Thousands of Philadelphia city workers are preparing to walk off the job, if a new contract isn't reached. More than 9,000 employees, who work in prisons, sanitation and 911 dispatch, realize a strike would create a major impact.
Meatpacking company illegally hired minors in MN, fined $2 million
A meatpacking company with operations in St. James has been fined $2 million after an inspection found it was illegally employing underage workers that were also dealing with hazardous materials and operating machinery.
Where was inflation the highest in October? Northeast and Midwest cities near the top
The Labor Department released a new report on inflation that examined price growth in various cities and metropolitan areas in the U.S. which reflected a higher rate of inflation in the Northeast and Midwest.
Social Security Fairness Act: Bill to raise benefits for some passes House
A Social Security-related bill with bipartisan support would expand benefits for workers who are also eligible for other pensions.
Spirit prepares for bankruptcy filing after failed Frontier talks: report
Spirit Airlines is reportedly planning to file for Chapter 11 bankruptcy protection after its latest attempt to merge with Frontier Airlines fell through.
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
Medicare premiums increasing in 2025
Medicare’s premium increase for Part B in 2025 outpaces both inflation and the Social Security cost-of-living adjustment (COLA).