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Wednesday, December 25, 2024

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Business

Jenna Shelby-Glick (left), Spoorthi Sampath (center) and Forrest Beaulieu sit in corner table at the 48 Record Bar, a vinyl centric cocktail bar in Old City on Thursday, February 29, 2024.

Food

Here’s a list of Philly’s coziest bars

Where to find the coziest bars in Philadelphia.

Earl Hopkins

Starbucks workers strike outside the 16th and Walnut location, in Philadelphia, Tuesday, December 24, 2024.

Labor

Philly Starbucks picket line steers customers to other coffee shops as nationwide strikes continue

Ariana Perez-Castells

The Vans store at 1702 Walnut Street in 2023.

Business

Abercrombie is coming to Center City, replacing Vans on Walnut Street

Jake Blumgart and Ariana Perez-Castells

Jim Wilson's biotech company GEMMABio, founded just a few months ago, announced Dec. 23 it has received $34 million in seed funding.

Health

UPenn gene therapy pioneer’s biotech gets $34 million in funding

Alison McCook

State Rep. Elizabeth Fiedler (D., Philadelphia) introduced and championed legislation that will provide state grants for solar panels on Pennsylvania schools.

Spotlight PA

The Trump admin could make Pennsylvania’s clean-energy projects less environmentally friendly

Kate Huangpu of Spotlight PA, Spotlight PA

Economy

National Politics

The Federal Reserve cut its key rate by a quarter-point, but envisions fewer reductions next year

The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their previous estimate of four cuts.

Christopher Rugaber, Associated Press

Federal Reserve Board Chairman Jerome Powell.

National Politics

The Federal Reserve cut its key rate by a quarter-point, but envisions fewer reductions next year

The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their previous estimate of four cuts.

Christopher Rugaber, Associated Press

Economy