Working & The Economy

Undeterred by Wolf’s deadline, House GOP weighs a path forward for minimum wage hike

A House Republican who’s key to the approval of the state’s first minimum wage hike in more than a decade isn’t saying no to that hike -- but he isn’t saying yes either.

Wells Fargo pays $10M to settle lawsuit over discriminatory lending practices in Philadelphia

Wells Fargo will shell out $10 million to settle a city lawsuit that alleged the megabank engaged in discriminatory lending practices against Black people and other minorities in Philadelphia.The San Francisco-based bank will fund affordable...

Pa’s Houlahan: Deal on paid family leave for federal employees is ‘huge news” for American...

By Allison WinterWASHINGTON — Lawmakers have reached a landmark agreement on paid parental leave for federal workers that could institute paid time off for civilian employees for the first time.The measure would give federal...

Philly Mayor Jim Kenney pushes back rollout of ‘fair workweek’ law as critics cry...

The Kenney administration postponed the full rollout of the new labor protections to July 1, with part of the law going into effect earlier.

Democrats, Trump declare victory on massive UMCA trade deal

The news came as Trump traveled to a key 2020 battleground state -- Pennsylvania -- and on the same day the House delivered impeachment articles.

Payday lenders have embraced installment loans to evade regulations – but they may be...

Use of installment loans has grown dramatically in recent years – all without the regulatory scrutiny that tamped down on abuses in the payday loan market.

Under threat from mayor, City Council agrees to push back start date of changes...

On Thursday, City Council advanced a proposal to phase out the subsidy incrementally for residential construction, with the legislation going into effect on Dec. 31, 2020.

Philly’s real estate industry mobilizes to lobby City Council on 10-year tax abatement proposal

The draft bill, proposed by Council President Darrell Clarke, would grant property owners the full 100 percent tax abatement in the first year, then cut the size of the subsidy to 90 percent in the second year, 80 percent in the third year, 70 percent in the fourth year, and so on.

Black-owned firms make up larger share of Philadelphia’s businesses than previously reported

The figure still doesn’t match up with city demographics, where Blacks are 44 percent of the population, whites are 34 percent, Latinos are 15 percent, and Asians are 8 percent.

Wolf asks MLB not to cut ties with minor league teams in Erie, State...

Wolf stressed the impact that cutting the teams would have on local economies. Forty-two of 160 minor league teams could be affected.