As the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn will lead to trouble down the road.
Good weather and a strong Memorial Day weekend helped car buyers ignore reports of recalls, pushing car and truck sales up more than ten percent in May.
The unemployment rate was 7.5 percent as of July 2013 in Pennsylvania and eight percent in the Philadelphia area.
The recession has affected jobs in all sectors, but some fields have been harder hit than others.
Chris discusses his time at last night’s Phillies home finale, Ann Coulter’s confrontation with Whoopie Goldberg on The View, and the latest update of Pennsylvania’s voter ID law. He talks to Steve Cordasco on Finance Friday, Comedian Jon Lovitz, and CBS 3’s Beasley Reece.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Chris prepares for his trip to the Republican National Convention next week. He talks to Steve Cordasco on Finance Friday, and the new President of the Eagles, Don Smolenski.
A leading economist advises New Jersey residents to be extremely patient when it comes to any recovery from the recent recession.
Chris reviews the latest in the continuing Anthony Weiner saga, talks to E.R.’s Noah Wylie about his new show, Falling Skies, City Councilman Bill Green about the school budget and the Phillies’ Tom McCarthy about last night’s loss and Plaxico Burress’ hat.
Revenue collections in April were 9% above what was anticipated. In addition to being a sign of a rebounding economy, it means that for the fiscal year to date, revenues are half a billion dollars above estimates.
At the 20th annual “State of Center City” address, Paul Levy, president of the Center City District, said there are a lot of things that are being done right.
According to a report released by the American Journal of Public Health, the overall suicide rate rises and falls in connection with the economy.
A company that monitors the hotel industry, Smith Travel Research, found that Philadelphia hotels booked just under four million room nights in 2010.
Over 1,300 members large and small are seeing their own ledgers improving with 31% reporting higher revenues this year prompting higher profits, spending and hiring.