Economy Troubles

City Life

Obama Administration Charges Harrisburg with Securities Fraud (aka Lying)

Remember the time we discovered that Harrisburg, in the words of Gawker, was a “broke-ass sinkhole of despair”? Today, the Securities and Exchange Commission has […]

City Life

This Is How Many People Corbett Has Kicked Off Food Stamps

A year ago, Pennsylvania instituted means-testing for food stamp applicants, in an effort to cut down on those age-old scourges, waste and fraud. Here’s what […]

City Life

Tom Corbett Can’t Create Jobs Because You’re Getting High On Drugs

On the heels of Monday’s news that Pennsylvania’s job-creation ranks 49th among the 50 states, Gov. Tom Corbett has responded with a play straight out […]

City Life

Hooray For Not Being Last! PA 49th in Job Growth

Things PA beats Wyoming at: JOBS! Compared to one year ago, Pennsylvania’s job growth (several thousand jobs were actually lost) ranks 49th in the United […]

City Life

Jim Cramer Taping “Mad Money” From Villanova Today

Morning Glory Diner booster Jim Cramer will be taping “Mad Money” shows from Villanova today. The tapings will last from 1:30 p.m. to 5:30 p.m. […]

City Life

City Hall Plans To Issue $400 Million In Bonds. That’s A Lot.

An article at Bloomberg makes more clear what city officials were doing last week in their closed-door meeting with prospective bondholders: The city wants to […]

City Life

Why is Mayor Nutter Auctioning Off Chunks of the City in Secret Meetings?

Over at the Comcast Center right now, Mayor Nutter is dressing the city up real nice and showing her off. Because Philadelphia, officially the brokest […]

City Life

Winklevoss Twins Pouring Millions Into Bitcoin, Just as It’s Crashing

The Winklevoss twins are back! (You may know them as Tyler and Cameron. Or just the Winklevii.) And this time they’re not just peddling some […]

City Life

Penn’s Attempt to Copy Yale’s Famous Endowment Strategy Could Backfire

In 1985, Yale hired investor David Swensen to manage its mega-sized endowment. Since then, Swensen’s “Yale Model” has been the most celebrated in the country. […]

City Life

Class of 2013: You’re Screwed

A big study released yesterday by the Economic Policy Institute called the “Class of 2013” confirms what you’ve already seen up close: high school and […]

City Life

Do You Have Powerball’s Unclaimed $1 Million Ticket?

6ABC reports that a $1  million winning Powerball ticket, sold last year in South Brunswick, N.J., is about to expire on May 17, with the […]

City Life

Drexel Law Offering Students 2-Year, Vacationless Degrees

No, this isn’t some University of Phoenix type pseudodegree. Drexel University’s Earle Macke School of Law is giving students the option to graduate in two […]

City Life

School Closures May Help District’s Credit Rating

Is this a bright side? The Philadelphia school district’s decision to close down two dozen schools is being praised by bond analysts, Philly.com reports. That […]

City Life

Q&A: White Dog Cafe’s Judy Wicks

Your new memoir is called Good Morning, Beautiful Business. Why tell your story now? I actually started the book eight years ago. The publisher approached […]

City Life

No One’s Feeling the Dow Boom, Least of All Millennials

Perhaps Biggie said it best back in 1997: “The more money we come across, the more problems we see.” Well, OK, his back up singers […]