finances

Philadelphia City Hall.
Holli Stephens/KYW Newsradio
Pat Loeb
January 07, 2020 - 5:36 pm
Philadelphia averted financial collapse 30 years ago when the state created the Pennsylvania Intergovernmental Co-operation Agency, or PICA, which has overseen city finances ever since. But the day is approaching when the agency would close under the law that created it. Read more here.
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Philadelphia City Hall.
Holli Stephens / KYW Newsradio
Pat Loeb
December 18, 2019 - 4:00 am
Philadelphia's budget has grown by more than a billion dollars in the last 10 years, and a new report from the Pew Center says that's very average compared to other big cities. Read more here.
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Governor Murphy holds a press conference with advocates, community and faith leaders on impact of marijuana legalization and expungement legislation in Trenton.
Edwin J. Torres/NJ Governor's Office via Flickr
David Madden
November 13, 2019 - 1:41 pm
Only one state in the nation, North Dakota, has a bank owned and operated by the government. Other states, like California, are considering the concept as a way to provide a lower cost alternative to the private sector, and New Jersey is the latest to join that list. Read more here.
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File photo of six-year-old girl
LSOphoto/Getty Images
John McDevitt
October 27, 2019 - 12:13 pm
A child advocacy organization in the region released a report that found seven out of 10 families are getting deeper under water because of the costs of raising children. Read more here.
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Zerbor/Getty Images
David Madden
July 21, 2019 - 4:00 am
NEW JERSEY (KYW Newsradio) — The House in Washington this week approved raising the federal minimum wage over several years to $15 an hour. The measure faces, at best, an uncertain fate in the Senate. New Jersey’s already tackled the issue, with the state minimum at $10 an hour for most affected...
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Philadelphia City Hall
Holli Stephens/KYW Newsradio
Pat Loeb
April 29, 2019 - 4:00 am
PHILADELPHIA (KYW Newsradio) — One part of city spending that won’t be scrutinized, as budget hearings continue in Philadelphia City Council, is council’s own budget. Among the mysteries of that budget is how district council members spend their capital budget, a little-known allotment of $1.3...
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 Gov. Phil Murphy
Amy Newman/NorthJersey.com via USA Today Network
Mark Abrams
April 25, 2019 - 3:52 pm
TRENTON, N.J. (KYW Newsradio) — Gov. Phil Murphy signed legislation in Trenton Thursday giving borrowers a break on repaying state-backed college student loans if they run into financial hardships. Murphy said the measures, which are restructuring the student loan programs through the New Jersey...
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Managing finances.
Dreamstime
Hadas Kuznits
April 01, 2019 - 4:00 am
PHILADELPHIA (KYW Newsradio) — Do you know how to manage your finances? Is there something you could be doing better? These are some questions a Philadelphia-area professional wants people to think through during Financial Literacy Month. Marc Bernstein, a fiscal therapist in Conshohocken and...
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The Siloam Wellness center has launched a crowdfunding campaign in a desperate attempt to stay financially afloat.
Paul Kurtz/KYW Newsradio
Paul Kurtz
March 20, 2019 - 5:20 pm
PHILADELPHIA (KYW Newsradio) — A well-known HIV wellness center in Philadelphia has launched a crowdfunding campaign in a desperate attempt to stay financially afloat. "We are 30 to 60 days away from closing our doors," said Sarina DiBianca, executive director of Siloam Wellness center. DiBianca...
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An ATM is displayed at a Wells Fargo bank, in Atlanta.
David Goldman/AP Photo, File
March 18, 2019 - 9:30 pm
(AP) — Fidelity National Information Services is buying Worldpay for about $35 billion to combine forces as financial transactions increasingly move online. The payment service industry works behind the scenes to help complete the process for purchases. It was a simpler exercise when those...
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