economy « CBS Philly

Pennsylvania, New Jersey See Economic Boost From Giant Lottery Prizes

These giant prizes have many players dreaming big and local lottery officials excited for an economic boost.

2013/05/18

(Unemployed workers look through help-wanted ads in a Labor Department field office. File photo by Getty Images)

Man Who Bragged About Making It Rich Writes New Book On How To Bounce Back

Many people have faced jarring shifts in their job prospects. A man who once bragged about making it rich now has advice on getting back on your feet after reality hits.

2013/05/11

Average Starting Salaries For College Grads Up For Class Of 2013

The study shows that starting salaries increased in fields of study across the board, with some up nearly 10%.

2013/05/06

DIY Bar And Bat Mitzvahs Are Fun, Easy And Affordable

It’s an occasion filled with meaning – a son or daughter making the transition to adulthood in the their Jewish faith. But a local expert points out many are choosing to plan and conduct the party themselves.

2013/03/10

Report: Pa. Unemployment Rose In December, More People Seeking Work

The state Department of Labor and Industry said December’s unemployment rate rose to 7.9 percent from 7.8 percent. The national unemployment rate is 7.8 percent.

2013/01/22

Rutgers University Estimates Positive Economic Gain From Sandy

Economists at Rutgers University are estimating that Superstorm Sandy will have a net positive effect on New Jersey’s economy assuming the state pulls in at least $25 billion for recovery and reconstruction.

2013/01/14

Local Expert Weighs In On Revel Casino Financial Problems

Atlantic City’s 12th casino still has that fresh, new building smell to it, but Revel has had a hard time meeting even early financial projections, leading some to suggest the $2 billion resort could soon wind up in bankruptcy court.

2013/01/13

Author Compares Pirates To Big Business, Government

We seem to have an on-going fascination with pirates, from Halloween costumes to movies, but a multi-media movement argues that they are a driving progressive force.

2013/01/12

Philadelphia Small Businesses Get Helping Hand From International Investment Bank

Goldman Sachs is committing $20 million dollars, part of their 10,000 Small Businesses initiative.

2013/01/09

Anaylsis: Merry Cliff-Mas

A composite view of seven Republican house lawmakers is that 38 ultraconservatives torpedoed John Boehner’s plan to a vote on a bill that was already rejected by Senate leadership but one that he tried to use as a bargaining chip.

2012/12/22

(Rick Sauer, Executive Director, Philadelphia Association of CDC's)

Report Shows Valuable Impact By City’s Network Of CDC’s On Local Economy

Philadelphia has long counted on Community Development Corporations for housing and commercial improvements at the neighborhood level. Now, a local umbrella group has calculated the dollar value of their work.

2012/12/12

U.S. Speaker of the House Rep. John Boehner (R-OH) (Photo by Alex Wong/Getty Images)

Opinion: The Fourteenth Amendment Solution

Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.

2012/11/29

Barack Obama (Photo by Chip Somodevilla/Getty Images)

Opinion: My2K

Obama is hoping to promote the discussion of the Bush tax cut extensions by getting people hooked on the topic and by getting them to use the #My2K hashtag on Twitter.

2012/11/29

Opinion: We Must Fix Our Crumbling Infrastructure

Most Americans who traveled during this Thanksgiving holiday came face to face with an American reality: while there is much to be thankful for, our infrastructure is not one of those things.

2012/11/26

Walmart workers protest (Photo: STAN HONDA/AFP/Getty Images)

Opinion: Americans Failed Walmart Workers

After all the hype regarding Walmart employees’ discontent with their employer and the threat of a strike on Black Friday, the long holiday weekend was saw banner sales and virtually no protest at Walmarts.

2012/11/26