Finance

U.S. authorities have unsealed a 252-count federal grand jury indictment charging 80 people with participating in a conspiracy to steal millions of dollars through a range of fraud schemes and laundering the funds through a Los Angeles-based network.
Reed Saxon/AP Photo
AP News
August 22, 2019 - 7:44 pm
LOS ANGELES (AP) — The relationship between a Japanese woman and a U.S. Army captain stationed in Syria started online, through an international social network for digital pen pals. It grew into an internet romance over 10 months of daily emails. It ended with the woman $200,000 poorer and on the...
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Rochester officials have told an anti-abortion group that police will no longer enforce a 15-foot buffer zone in front of the entrances to Planned Parenthood on University Avenue.
Carlos Ortiz/Rochester Democrat and Chronicle via USA TODAY NETWORK
David Madden
August 22, 2019 - 3:34 pm
PHILADELPHIA (KYW Newsradio) — Planned Parenthood chapters across America have pulled out of a Title X program that uses federal funds for birth control to help fund birth control efforts. The reason? Guidelines from the Trump administration that the agency equates to a gag rule over abortion...
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A few dozen demonstrators gathered in front of City Hall Wednesday to protest the conditions and lack of staff and funding at ACCT.
Justin Udo/KYW Newsradio
Justin Udo
August 21, 2019 - 7:52 pm
PHILADELPHIA (KYW Newsradio) — Over the last few months, the Animal Care and Control Team of Philadelphia has faced a deadly outbreak, the resignation of its executive director and a number of other issues, and people involved with the organization are taking to the streets, calling for officials...
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Holli Stephens/KYW Newsradio
Mike DeNardo
August 19, 2019 - 6:01 am
PHILADELPHIA (KYW Newsradio) — The Philadelphia Museum of Art has scrapped its policy of giving free admission to area art school students. Since the 1970s, the museum has given free admission to art students at eight colleges, but that perk is no more. In a statement, the museum said it wasn't...
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There's a new millionaire in Germantown.
Mike Dougherty/KYW Newsradio
Mike Dougherty
August 14, 2019 - 3:03 pm
PHILADELPHIA (KYW Newsradio) — There's a new millionaire in North Philadelphia. The Pennsylvania Lottery said someone bought a scratch-off ticket worth $3 million at the New Germantown Grocery and Water Ice store at Germantown Avenue and Somerset Street, a popular neighborhood spot that might get a...
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China's yuan fell below the politically sensitive level of seven to the U.S. dollar on Monday, Aug. 5, 2019, possibly adding to trade tension with Washington.
Kin Cheung/AP Photo, File
August 05, 2019 - 4:48 pm
Be Paul Wiseman and Joe McDonald WASHINGTON (AP) — China decided Monday to meet President Donald Trump's latest tariff threat with defiance, letting its currency drop to an 11-year low and halting purchases of U.S. farm products. The moves, which came four days after Trump threatened more taxes on...
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Philadelphia's expanded program to help first-time homebuyers is off to a running start. In its first month, more than 100 people have used the program become homeowners, and the process is proving surprisingly easy to navigate.
Pat Loeb/KYW Newsradio
Pat Loeb
July 30, 2019 - 6:30 am
PHILADELPHIA (KYW Newsradio) — Philadelphia's expanded program to help first-time homebuyers is off to a running start. In its first month, more than 100 people have used the program to become homeowners, and the process is proving surprisingly easy to navigate. Six years ago, Angela Kraddock was...
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Mike Dougherty | KYW Newsradio
Mike Dougherty
July 17, 2019 - 3:27 pm
PHILADELPHIA (KYW Newsradio) — The Pennsylvania Turnpike Commission approved another toll increase that takes effect in January. Tolls will go up across the board by six percent for both E-Zpass and cash paying drivers. Tolls have gone up annually since 2007. KYW Newsradio spoke with a DJ who uses...
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Dow Jones industrials cross 27,000 points for first time
Mark Lennihan/AP Photo, File
July 11, 2019 - 6:55 pm
By Alex Veiga (AP) — A turbulent day on Wall Street ended in the record books Thursday as the Dow Jones Industrial Average climbed above 27,000 for the first time and the S&P 500 index hit another all-time high. The milestones came on a day when the S&P 500 briefly moved above 3,000 for the...
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Left: Cheyney University President Aaron A. Walton
Justin Udo/KYW Newsradio
Cherri Gregg
July 08, 2019 - 3:03 pm
PHILADELPHIA (KYW Newsradio) — Cheyney University could be turning a corner after years of financial struggle. The institution's president says he's confident they've balanced the budget, and state lawmakers have provided a multimillion dollar boost for students. Pennsylvania lawmakers allocated $3...
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