Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.

The Chamber of Commerce of Greater Philadelphia released results of an annual report on Thursday with new insight on business ...

The Greater Philadelphia Chamber of Commerce members were surveyed by the Federal Reserve Bank of Philadelphia about the economy. Here’s what they said.

A gauge of manufacturing activity in the U.S. Mid-Atlantic region shot up by the most in about four-and-a-half years in ...

A third of local businesses are predicting slightly less favorable business conditions in 2025, according to the Philadelphia ...

Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, ...

Federal Reserve Bank of Philadelphia President Patrick Harker said officials are on track to lower interest rates this year, ...

Learn how Philly businesses prepare for changes under Trump, focusing on AI, tourism, and life sciences to fuel growth.

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 ...