Sen. Toomey Says He's Under 'No Illusions' About Deficit-Reduction Task
The committee is tasked with recommending ways in which to reduce the deficit by $1.2 trillion by Thanksgiving.
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The committee is tasked with recommending ways in which to reduce the deficit by $1.2 trillion by Thanksgiving.
The city's pension board held an hourlong meeting this morning, during which the members decided to cash out $50 million worth of public equities. Some board members had urged converting even more of the fund's public holdings -- perhaps another $50 million -- to cash.
Where was Superintendent Arlene Ackerman? She was not at Wednesday's School Reform Commission meeting, amid reports that the SRC wants her out.
The latest Wall Street crisis is a worst-case scenario for the pension fund of Philadelphia city workers. Thursday morning, members of the board that oversees the fund were meeting to look at the damage.
This coming school year could be the fourth year that teachers in the Neshaminy School District have started school without a contract. Health care remains the sticking point.
If the idea sounds familiar, it should. Camden has tried twice before to force businesses that attract rowdies to close early.
A Philadelphia man charged with posting an anti-Semitic threat against Sen. Joseph Lieberman of Connecticut will have his computer use monitored while he's out on $50,000 bail.
"Whatever I can do that motivates the kids to support me, I want to help support them to do something positive," the artist known as "DJ Damage" says.
The turmoil in financial markets could quickly filter down to the budgets of the Commonwealth of Pennsylvania and the City of Philadelphia, with officials at both levels facing difficult decisions.
Its light flashing, Motorola Solutions' vision of the "police car of the future" sits in the Great Hall of the Pennsylvania Convention Center, at Broad and Cherry Streets.
Mayor Michael Nutter has announced tighter weekend curfew rules as he continues grappling with the threat of "flash mobs" in Philadelphia.
After threat of a lawsuit by the local branch of the NAACP, Philadelphia City Council has agreed to expand the number of hearings into how the city will be redistricted in accordance with the latest census.
The stock market is taking a beating, but does a small investor need to worry? We talked to local economists about that question.
Lawmakers from Philadelphia, New Jersey, and Delaware, along with small business leaders, held a roundtable discussion on how to encourage entrepreneurship and create more jobs.
Governor Corbett has endured withering criticism from the opposition party over cuts in the new budget, but one former Democratic governor has nothing but praise for the Republican currently in office.
