Philadelphia
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Philadelphia Experiencing Tech Renaissance, Leveraging Local Talent and Global Vision
Philadelphia is experiencing a tech renaissance, becoming a hub increasingly recognized worldwide for its innovation and local talent, writes Grace Francisco for Technical.ly. The city has a $76 billion ecosystem value, well above the global average, and recorded $3.3 billion in VC funding in 2024, up 37.5 percent year over year. Philadelphia also ranks No.…
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Philadelphia’s Wealthiest ZIP Codes Continue to Be Concentrated Around Center City
The greatest wealth in the Philadelphia region still remains concentrated around Center City, as affluent urban ZIP codes dominate the list of the area’s wealthiest ZIP codes, writes Todd Romero for the Philadelphia Business Journal. The latest ranking of the wealthiest ZIP codes is based on several factors, including per-capita income, home values, equity, savings,…
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SEPTA Requests Up to $394M Bailout to Address Funding Gap That Caused Drastic Service Cuts
SEPTA has requested a bailout of up to $394 million last week to address a funding gap that resulted in drastic service cuts, writes Sri Taylor for Bloomberg. SEPTA officials asked the Pennsylvania Department of Transportation to authorize the one-time use of its state capital assistance funds to cover a $213 million budget deficit. This…
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Philadelphia’s First of Its Kind Pilot Program, Which Gives Cash to Struggling Renters, Proves Effective
The PHLHousing+ program, a first of its kind in the nation, which gives no-strings-attached cash to struggling renters, is proving to be effective, writes Michaelle Bond for The Philadelphia Inquirer. The program was launched in the fall of 2022. Since then, Philadelphia has been giving cash to 301 households randomly selected from wait lists for…
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NFL Films Releases New Documentary Highlighting Super Bowl-Winning Philadelphia Eagles
NFL Films has released its latest “America’s Game” documentary and it highlights the most recent Super Bowl champions, the Philadelphia Eagles, writes Isaac Avilucea for AXIOS Philadelphia. The new documentary, which debuted on Wednesday, September 3 on the NFL Network at 8 p.m., is narrated by Oscar-nominated actor and Eagles fan Bradley Cooper. It features…
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WSJ: Urban Outfitters Sees Higher Second Quarter Sales and Profit, But Warns of Stronger Tariff Impact
Philadelphia-based Urban Outfitters reported higher sales and profit in the second quarter, but expects a stronger impact from tariffs than previously projected, writes Katherine Hamilton for The Wall Street Journal. According to Chief Operating Officer Frank Conforti, the apparel and home goods retailer now expects tariffs to reduce gross margins by 75 basis points in…
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World-Renowned St. Joseph’s University Food Marketing Professor John L. Stanton Jr. Dies at 80
John L. Stanton Jr., world-renowned professor of food marketing at St. Joseph’s and Temple Universities and a groundbreaking food researcher, died on August 4 at 80, writes Gary Miles for The Philadelphia Inquirer. Stanton, a global authority on food marketing and celebrated researcher, writer, and business leader, established food and health research centers at both…
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Two Philly Sandwich Shops Rank Among Top 100 in America, According to Inaugural Yelp List
Yelp has released its inaugural list of the top 100 delis in the United States and two Philadelphia sandwich shops can be found on the list, writes Abigail Chachoute for the Philadelphia Business Journal. At No. 40 on the list is Christie’s Deli. The Logan Square deli, which has been around for about 10 years,…
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New Report Reveals Gentrification Trends in Philadelphia, Other Major U.S. Cities
Philadelphia is one of several major U.S. cities highlighted in a new report tracking gentrification across various neighborhoods throughout the nation, writes Racquel Williams for KYW Newsradio. The new report was conducted by the National Community Reinvestment Coalition and is titled, “Displaced by Design.” The report found that gentrification throughout the United States in the…
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How Will Upcoming Service Cuts Impact SEPTA Riders?
With the deadline for SEPTA to secure additional state funding having passed, major service changes are coming, writes Annie McCormick for 6abc. Months ago, SEPTA announced that if it failed to gain additional funding by mid-August, it would lead to heavy service cuts and increased fare. The service cuts are set to go into effect…
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Montgomery County Leadership: David Fair, Executive Director, Turning Points for Children
David Fair, Executive Director at Turning Points for Children, spoke with MONTCO Today about growing up attending Catholic school in Southwest Philadelphia, coming out as gay, and discovering his passion for activism while working as a church secretary at a church on the University of Pennsylvania campus. After many years serving and advocating for people…
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23 Philadelphia Companies Featured On Inc. 5000 List Of Fastest-Growing Private Firms
Twenty-three Philadelphia companies have earned a spot on the Inc. 5000 list of fastest-growing private firms, writes Ryan Mulligan for the Philadelphia Business Journal. The Inc. 5000 list ranks firms based on their percentage growth from 2021 to 2024, providing a “snapshot of the country’s most resilient and dynamic privately held companies,” according to the…
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Philadelphia is a City of Rivers, Now Advocates Aim to Turn Its Waterways Into the Next Great Playground
Philadelphia is home to numerous rivers, and now a group of advocates hopes to transform the city’s waterways into its next great playground, writes Kyle Bagenstose for Grid Magazine. Adam Forbes, founder of Discovery Pathways, wants to provide current and future generations of Philadelphians with opportunities to boat, fish, and perhaps one day even swim…
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How Former NBC10 News Anchor Rosemary Connors Made Successful Transition Into Construction
Rosemary Connors made a name for herself in Philadelphia as a journalist, spending 15 years as an anchor at NBC10. Last year, she parted ways with NBC10 and has since transitioned into the construction sector, writes Noah Zucker for BisNow. Connors recently created Rosette Specialty Trades, a new scaffolding company, carrying on her mother-in-law’s legacy…
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Securing First Jobs Proves Challenging for New College Graduates in Philadelphia
Securing your first job as a new college graduate in Philadelphia is proving to be a significant challenge, according to a recent ADP study, writes Isaac Avilucea for AXIOS Philadelphia. The Philadelphia metro area ranked in the lower tier among 55 metro areas evaluated by ADP, considering factors such as affordability, wages, and hiring activity.…
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Drexel Happiness Lab Maps Philadelphia’s Happiest Spots
Drexel University professor Eric Zillmer, director of Drexel’s Happiness Lab, recently published a map of the 28 happiest places in Philadelphia, based on a project from his Psychology 101 class, writes Beatrice Forman for The Philadelphia Inquirer. Acknowledging that people in their 20s are the unhappiest age group in the country — burdened by a…
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Philadelphia Traffic Ranking Improves to No. 21 Among Largest U.S. Metro Areas
It might not feel like it when stuck in traffic on I-76 during rush hour, but commuting in Philadelphia is improving at least compared to other metro areas, writes Jeff Tomik for PhillyVoice. ConsumerAffairs recently released its annual report ranking the 50 most populous metropolitan areas by worst traffic. Philadelphia dropped to No. 21 this…
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FCC Initiates Second Investigation of Comcast and NBCUniversal This Year
The Federal Communications Commission has launched another investigation into NBCUniversal and its parent company, Comcast, this year, focusing on their management of local broadcast television affiliate stations, writes Nick Vadala for The Philadelphia Inquirer. This follows the commission’s February investigation into the Philadelphia-based company’s diversity, equity, and inclusion practices. In a letter sent to Comcast…
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