Philly’s federal workers are worried about job security and government services amid Trump administration shakeups
When federal workers received a memo from the U.S. government’s human resources agency this week offering the chance to resign with eight months’ pay, some thought it might be spam. “Once you ...
This Week In Credit Card News: The Numbers Show That Consumers Are Stressed
Consumer Stress Is on the Rise Rising auto repossessions and a growing rate of minimum credit card payments offer signs ...
First Bank doubles its earnings while Customers takes a hit in mixed year for local banks
The impact of the Fed's combined 1% rate reduction over the last several months is already filtering through the banking ...
Federal Reserve holds policy rate at 4.25%-4.50%
As widely expected, the Federal Reserve held its policy rate at 4.25%-4.50% on Wednesday, as the Federal Open Market ...
What will the Fed do with interest rates and how will Trump react?
The Federal Reserve is set to announce its first interest rate decision of 2025 and with a pause expected, it could prompt ...
The Wide-Moat Express: Why Canadian National Is On Track For Unbeatable Value
Canadian National Railway offers a wide moat, consistent dividend growth, and strategic investments, making it a strong pick.
DOGE may target the penny: Why do we still have it anyway?
(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal ...
The economy's strong. Why are more Americans barely making credit card payments?
Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and ...
The Federal Reserve is likely to hold interest rates steady next week. Here's what that means for your money
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
U.S. credit card defaults soar; total debt hits 12-year high
Meanwhile, a similar report from personal finance site NerdWallet found that 48% of Americans who have credit card debt say paying for necessities is a reason they carry a balance. While income has ...
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Philly Business Leaders Rely on AI, Tourism, and Life Sciences to Drive Growth Under Trump
Learn how Philly businesses prepare for changes under Trump, focusing on AI, tourism, and life sciences to fuel growth.
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Rising Credit Card Strain: Delinquencies and Minimum Payments Hit New Highs in 2024
In the third quarter of 2024, a series of concerning trends in U.S. consumer credit card usage have emerged, according to a recent report from the Philadelphia Federal Reserve. As rising interest ...