Business

Skip to content

Monday, January 13, 2025

Keep reading by creating a free account or signing in.

Subscribe|Support Local News

Keep reading by creating a free account or signing in.

News Sports Business Opinion Politics Entertainment Life Food Health Real Estate Philly First Obituaries Jobs

Business

The scene in September, looking north on 10th Street at Arch Street and the Friendship Gate near the site where the 76ers had proposed a Center City arena. Those plans are now scrapped.

In Chinatown, joy and relief as Sixers abandon plan to build an arena on the neighborhood’s southern edge

“I’m feeling elated,” said Mary Yee, a veteran Chinatown organizer who helped lead opposition to the arena.

Jeff Gammage, Michelle Myers, and Anna Orso

David Adelman, a 76ers co-owner, had publicly clashed with Comcast Spectacor during the team's efforts to win city approval for its proposal to build a new arena in Center City.

The 76ers have struck a deal with Comcast Spectacor to stay in South Philly and abandon plans for a Center City arena

Jake Blumgart and Sean Collins Walsh

Crozer-Chester Medical Center in Upland is part of a bankruptcy filing by owner Prospect Medical Holdings Inc.

Crozer Health’s owner filed for bankruptcy protection

Harold Brubaker

A customer tries out an Apple Vision Pro headset during the first day of sales at a Palo Alto, Calif., Apple store on Friday, Feb. 2, 2024. Tech companies are expected to further push the idea of “spatial computing,“ where the real world and the digital tools you use to get things done in it collide.

The tech trends you’ll have to live with in 2025

Chris Velazco and Tatum Hunter, Washington Post

Michelle Bowman, governor of the U.S. Federal Reserve. She is said to be a candidate for the position of Fed vice chair for supervision.

Trump advisers may look to reshape Fed leadership

Saleha Mohsin and Catarina Saraiva, Bloomberg

Can DOGE actually save federal money by cutting government jobs? Unlikely, economist Joel Naroff says

The government is not a factory. Standard efficiency models, which usually involve cutting workers and adding capital, may not be relevant.

Joel L. Naroff, For The Inquirer

Vivek Ramaswamy and Elon Musk, with his son X, at the U.S. Capitol building on Dec. 5 in Washington. Musk and Ramaswamy have proposed cutting government spending by 30%.

Vivek Ramaswamy and Elon Musk, with his son X, at the U.S. Capitol building on Dec. 5 in Washington. Musk and Ramaswamy have proposed cutting government spending by 30%.

Can DOGE actually save federal money by cutting government jobs? Unlikely, economist Joel Naroff says

The government is not a factory. Standard efficiency models, which usually involve cutting workers and adding capital, may not be relevant.

Joel L. Naroff, For The Inquirer

As 2024 closes, soak in the exceptional economy, economist Mark Zandi says

People walk on Wall Street in New York's Financial District on Wednesday, Dec. 18, 2024.

National Politics

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

Christopher Rugaber, Associated Press

Federal Reserve Board Chairman Jerome Powell.

Forecasting 2025 under a second Trump administration raises big questions, economist Joel Naroff says

Joel L. Naroff, For The Inquirer

How much did SEPTA fares increase? A helpful breakdown of each service

SEPTA bus crosses 9th and Market Street in Center City Philadelphia on Friday morning November 8, 2024. SEPTA increased its fares by 7.5%, increasing most fares by 50 cents to $2, starting Dec. 1, 2024.

© 2025 The Philadelphia Inquirer, LLC
Terms of Use/ Privacy Policy/ Cancellation Policy/ California Notice/ California residents do not sell my data request
California residents do not sell my data request