Finance

Philadelphia City Hall.
Holli Stephens/KYW Newsradio
Pat Loeb
May 23, 2020 - 2:17 pm
Philadelphia City Council began hearings this week on Mayor Jim Kenney's budget, which was revised to address a $500 million shortfall in revenue. Read more here.
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Pennsylvania capitol building in Harrisburg
Bodhichita/Getty Images
Kristen Johanson
May 20, 2020 - 9:35 pm
Pennsylvania‘s unemployment office says they sent out wrong information to self-employed workers who need help with weekly claims, and they say they are having problems allowing people to file retroactively. Read more here.
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Philadelphia City Council chambers
Courtesy of Joe Grace
Pat Loeb
May 01, 2020 - 4:54 pm
Philadelphia’s COVID-19 cases continue to decline but the virus’ devastating effect on city finances became clearer Friday as Mayor Jim Kenney submitted a new budget to city council with deep cuts and some tax increases to close a $650 million deficit caused by COVID-19. Read more here.
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Mayor Jim Kenney
Holli Stephens/KYW Newsradio
Pat Loeb
April 30, 2020 - 8:31 pm
Philadelphia’s fight against COVID-19, including a stay-at-home order that has shuttered most businesses, has cost the city $649 million, money that Mayor Jim Kenney will propose making up with a combination of cuts and tax increases when he presents a revised budget to City Council on Friday. Read...
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A person calculating money
SARINYAPINNGAM/Getty Images
Matt Leon
April 26, 2020 - 4:00 am
There are a lot of people who are dealing with being laid off or furloughed in the wake of the pandemic. A nonprofit based in Philadelphia wants you to know it’s here to help you sign up for benefits that you may not have known you were eligible for. Read more here.
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Economic stimulus checks are prepared for printing at the Philadelphia Financial Center May 8, 2008 in Philadelphia, Pennsylvania.
Jeff Fusco/Getty Images
Antionette Lee
April 25, 2020 - 9:58 am
So you've got your stimulus check, unless you're one of the millions who are still waiting on it. Either way, how can you make the money stretch if you've been laid off, or fear a layoff? Read more here.
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Paint brushes.
KoliadzynskaIryna/Getty Images
Justin Udo
April 19, 2020 - 4:00 am
Help is just one click of the mouse away for Philadelphia artists struggling in the midst of the coronavirus pandemic now that the city has a resource dedicated to streamlining information for those individuals in need. Read more here.
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Governor Phil Murphy announces extensive social distancing measures to mitigate further spread of COVID-19 on March 16, 2020, in Trenton.
Edwin J. Torres/NJ Governor's Office
KYW Staff
April 09, 2020 - 1:33 pm
Gov. Phil Murphy announced Thursday that the state has 3,748 additional positive coronavirus cases, bringing the state total to 51,027 cases. Read more here.
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A bartender making drinks.
MaximFesenko/Getty Images
Paul Kurtz
April 01, 2020 - 6:34 pm
With the bar industry sidelined during the pandemic, hundreds of thousands of unemployed and underemployed bartenders are turning to an industry support group for financial help. Read more here.
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Philadelphia City Hall.
Holli Stephens / KYW Newsradio
Pat Loeb
March 30, 2020 - 4:00 am
Among the non-medical damage the coronavirus is doing is the toll it’s taking on Philadelphia city finances. The mayor says he can’t yet calculate its impact on the budget, but there’s at least one hopeful sign for the recovery of its pension fund. Read more here.
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