Philadelphia

Philadelphia Fed Projects a Diminished Outlook for U.S. Payroll Growth in Q2 2024

11 days ago

The Philadelphia Federal Reserve has released new estimates indicating a significant moderation in U.S. job growth for the second quarter of 2024. In a stark departure from previous expectations, the bank now projects that around 120,000 jobs will be added during this period, a notable drop from the earlier forecasts which ranged between 150,000 to 180,000 positions.

Potential Sale of Philadelphia Eagles Stake Sparks Discussion: Jeffrey Lurie in Talks with Kim Family

2 months ago

In a significant development within the NFL landscape, Jeffrey Lurie, the owner of the Philadelphia Eagles, is reportedly engaged in discussions regarding the potential sale of a minority stake in the franchise. This move has drawn attention due to the rumored interest from the influential Kim family, known for their substantial presence in both media and real estate.

Unprecedented Halloween Heat: Boston to Philadelphia Brace for Record Temperatures

2 months ago

This Halloween is shaping up to be one for the record books, as a substantial heat wave is set to sweep across the Northeastern United States, affecting cities from Boston to Philadelphia. Meteorologists are predicting temperatures that could approach or even surpass long-standing records. Residents are advised to prepare for an uncharacteristically warm holiday, with daytime highs forecasted to reach into the mid-70s Fahrenheit.

Ice Cube's BIG3 Basketball League Eyes Expansion with Philadelphia and Alabama Teams

3 months ago

The BIG3 professional basketball league created by the former rapper is in discussion to extend the league into Philadelphia and Alabama by adding new teams. That would represent a major expansion of the five-on-five half-court three-on-three league that started operations in 2017. A reason for the negotiations: BIG3 is trying to reach a wider audience and key markets.