Eminent domain projects are taking off across Pennsylvania. Thousands of homes and businesses are being acquired. In the Sharswood neighborhood of North Philadelphia, crews recently demolished the Blumberg Complex to make space for new developments. 1300+ residents are being relocated -- and the city is using the power of eminent domain to carry out its…
Gasoline prices have remained steady for the nation, but not for Philadelphians. As of this morning, the average price for a gallon of gasoline in Philadelphia is $2.73. Gas in New Jersey remains near $2.53, and the nation is looking at an average of $2.69 a gallon. However, this time a year ago gas in…
For over three decades, the Philadelphia Commercial Development Corp. has provided financial support to local minority businesses and start up companies. To date, much of the PCDC's funds are received from state and federal grants provided by the city of Philadelphia. In early July, the city plans to cease its funding of PCDC, and to redirect those funds,…
Unemployment rates continue to rise. An estimated 2.6 million jobs were lost in 2008, the most since 1945. A shocking 11.1 million people were unemployed as of December 2008. In December, the unemployment rate was reported to be as high as 7.2 percent, which is up from 6.8 in November. Employers are not only cutting…