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☆ LeBron James leads the Los Angeles Lakers to a 111-101 win and 2-1 series lead against the Memphis Grizzlies
▼ + stars: | 2023-04-23 | by ( Patrick Sung | ) edition.cnn.com time to read: +4 min

Los Angeles Lakers superstar LeBron James and center Anthony Davis had strong performances to help lead LA to a big 111-101 win over the Grizzlies in front of a sold-out crowd at Staples Center on Saturday to take a 2-1 lead in their best-of-seven first round NBA Playoff series. Brooks was ejected from Game 3 for a flagrant 2 foul on LeBron James. Anthony Davis had a massive night, racking up 31 points, 17 rebounds and three blocks. Wally Skalij/Los Angeles Times/Getty ImagesAfter the game, James said that the game wasn’t about making a “statement” to Brooks and the rest of the Grizzlies. Sixers forward Tobias Harris led the way for Philly with 25 points and 12 rebounds in what is Brooklyn’s second straight first-round sweep.

☆ US stocks fall as weakening data suggests recession coming for the economy
▼ + stars: | 2023-04-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks fell on Thursday after a slew of economic data suggested a recession is coming. Disappointing earnings from Tesla and AT&T led to a 11% sell-off for both stocks. AT&T also reported earnings that fell flat with investors, sending the stock down as much as 11%. And the Philadelphia Fed Factory index reported another contraction in April, representing the eighth consecutive month of declines in manufacturing activity. A recession is all but certain, so the more important question is if markets will hit new lows as the economy contracts.

☆ US labor market cooling; leading indicator flashes recession
▼ + stars: | 2023-04-20 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

Though measured, the loss of labor market momentum added to slumping retail sales and manufacturing activity in heightening the risks of a recession as soon as the second half of the year. Jobless claimsNevertheless, the labor market is fraying around the edges. It also said contacts reported the labor market becoming less tight, noting "a small number of firms reported mass layoffs," which were "centered at a subset of the largest companies." Philly FedDespite cracks in the labor market, economists did not expect widespread job losses. The claims data covered the period during which the government surveyed business establishments for the nonfarm payrolls portion of April's employment report.

☆ Behold the stuffed crust bagel
▼ + stars: | 2023-04-13 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

Now, Philadelphia cream cheese and H&H Bagels, a New York City-based bagel shop, are trying to please the carbohydrate- and dairy-loving communities with a new and dubious spin on the stuffed crust: The bagel stuffed with cream cheese. But unlike stuffed-crust pizzas, the bagel is filled with cheese after it is baked, making it more of a cream cheese bagel donut, if not in spirit then at least in form. What’s so wrong with slicing a bagel and slathering on a healthy amount of cream cheese? New York doesn’t have a specific bagel tax, explained Ryan Cleveland, a representative of the New York State Department of Taxation and Finance. Philadelphia cream cheese, which struggled with shortages in the past, turned that issue into a marketing opportunity as well.

☆ Philly, Fraud and ‘Equity’ Gone Wrong
▼ + stars: | 2023-04-12 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

President Biden is pushing “equity” into every corner of the government, and if Congress wants somewhere to look for what can go wrong, the U.S. Attorney in Philadelphia recently won a $1 million settlement for fraud in federal contracting for Disadvantaged Business Enterprises, or DBEs. Here’s a wild idea: Why not award construction funds based on merit, not claims of identity?

☆ Viral fast-food hacks, like the Chipotle 'fajita quesadilla,' prove American appetites haven't caught up to the climate crisis
▼ + stars: | 2023-04-03 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +12 min

The TikTok creator, known for reviewing fast-food staples, posted last summer about leveling up Chipotle's steak quesadilla with fajita veggies. Nathan Llorin, another popular TikToker, told Insider that it wasn't until he started eating and reviewing fast food that his videos took off. A climate message for menusIn January, research showed that labeling fast-food menus with their climate impacts swayed people away from red meat. But about 10% of customers now choose a meatless option, including Sofritas, the chain's plant-based mainstay made from tofu. Frost, the TikToker, told Insider that of all the things viewers attack her for on the platform, the environmental impact of fast food isn't among them.

☆ This Philly suburb is the No. 1 best place to live in America for the fourth year in a row
▼ + stars: | 2023-04-02 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

The best place to live in the U.S. isn't a major metropolis such as New York City or Los Angeles, but a suburb of Philadelphia, Pennsylvania, according to Niche's 2023 ranking. The best places to live were decided based on the following factors: AffordabilityLocal housing marketNeighborhood diversityArea public schoolsWalkabilityTop 10 best places to live in the U.S. 2023Chesterbrook, Philadelphia, Pa. Colonial Village, Arlington, Va. Ardmore, Philadelphia, Pa. Hyde Park–Spanishtown Creek, Tampa, Fla. Penn Wynne, Philadelphia, Pa. City Center, Santa Monica, Calif. Cambridgeport, Mass. North Quarter, Orlando, Fla. Devon, Philadelphia, Pa. Great Neck Gardens, Long Island, N.Y. Chesterbrook, Pennsylvania, is the No. 1 best place to live in America for the fourth year in a row. The Philadelphia suburb is known for its high-ranking education system.

☆ Some pregnant people in Philadelphia are about to get $1,000 a month in what the mayor is calling a 'pro-life' program
▼ + stars: | 2023-03-25 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +4 min

Philadelphia is launching a guaranteed income program for pregnant people. The city has the highest infant mortality rate of the top ten most populated cities in the US. The city's health department announced it will oversee a trial program beginning next year to provide 250 pregnant people with $1,000 a month. Called the Philly Joy Bank, the Philadelphia program will offer no-strings-attached funding in the vein of other guaranteed income programs. "We know that being able to better support pregnant people and new parents helps keep babies alive.

☆ Brace for a 'crash landing' as the US economy barrels toward recession, top economist David Rosenberg warns
▼ + stars: | 2023-03-18 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

David Rosenberg has warned the US economy is headed for a "crash landing" or major downturn. Rosenberg told Insider in February that the S&P 500 could plunge 25% from its current level. "Philly Fed at a level that is 8 for 8 on the recession call and with no head fakes," Rosenberg said. He was commenting on the fact that stocks didn't rally, despite mounting expectations that the Fed won't hike interest rates this month. Moreover, they can put pressure on banks' bond holdings, as bond prices move inversely to interest rates.

☆ A Philly cop has been charged with assault over a bar fight. In 2011, the Fraternal Order of Police made sure he didn't lose his job after being accused of punching his wife in the face.
▼ + stars: | 2023-03-16 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

A Philadelphia police officer has been charged with assault over an alleged bar fight. The officer became enraged when someone put on hip-hop or R&B music, The Philadelphia Inquirer reported. The same cop was arrested in 2011 and accused of punching his wife. The same officer was arrested in 2011 and charged with simple assault and reckless endangering after he was accused of punching his estranged wife in the face at another bar. An FOP spokesperson told Insider that, this time around, the union "is not representing the officer and has no further comment."

☆ John Fetterman's wife, Gisele, says she's 'so proud of him' for seeking treatment for depression. Here's a timeline of their relationship.
▼ + stars: | 2023-03-04 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

2007: Gisele Barreto Fetterman wrote a letter to John Fetterman, then the mayor of Braddock, Pennsylvania, to see how she could get involved in his mission to revitalize the town. Gisele Barreto Fetterman and John Fetterman. Samantha Laub/AL DÍA News via Getty ImagesJohn Fetterman served as the mayor of Braddock from 2006 to 2019. She eventually connected with John Fetterman and traveled to Braddock to meet him. We talked on the phone, I planned the visit, and that's how I first got to Braddock."

☆ Black real estate developers get rare access to big capital through Philadelphia program
▼ + stars: | 2023-02-28 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Black Americans represent less than 5% of residential real estate developers, largely because they can't get equal access to capital, according to a recent report by the Urban Land Institute. Institutional capital – real estate investment trusts and private equity in particular – are the dominant players. Philly Rise is designed to recruit, train, support and open up access to capital. That's why he's been working in real estate for 20 years, developing affordable housing first in Delaware and Maryland, and soon in Philadelphia. "Our goal with our participants is not to teach them how to rehab or build brand new houses, but how to build successful real estate businesses," said Webster.

☆ Chipotle turns viral TikTok food hack into a new quesadilla menu item
▼ + stars: | 2023-02-27 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

Starting March 2, Chipotle is allowing customers to add fajita veggies to any quesadilla. The permanent new menu item, the Fajita Quesadilla, will be available through Chipotle's app or website. Chipotle said it "saw more than 30.6 million views, 3.7 million likes, 47,200 comments, and 69,500 shares of viral TikTok content about the Steak Quesadilla with Fajita Veggies." The five new permanent quesadilla versions include the steak quesadilla with fajita veggies, the chicken quesadilla with fajita veggies, the barbacoa quesadilla with fajita veggies, the carnitas quesadilla with fajita veggies, and sofritas quesadilla with fajita veggies. The "Fajita Quesadilla Hack," inspired by Frost, is a fajita quesadilla with steak served with roasted chili-corn salsa, tomatillo red-chili salsa, and sour cream on the side.

☆ How the Creed franchise makes a statement – and a ton of money – in modern Hollywood
▼ + stars: | 2023-02-26 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

The Creed series is a Hollywood miracle in many ways. It's a lucrative spinoff of the beloved, decades-old Rocky series, but it has its own modern style and sensibility. Jordan's road to the director's chair was paved by Ryan Coogler, who wrote and directed the first Creed film, as well as Steven Caple Jr., who directed the second. Stallone was not involved with the third Creed film and declined CNBC's request for comment. The first film, 2015's "Creed," followed Adonis, the son of Rocky's longtime rival and later friend, Apollo Creed.

☆ Morning Bid: What landing?
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +3 min

A look at the day ahead in European and global markets from Wayne Cole. Forget soft landing, equities seem to be betting on no landing for the U.S. economy: a sublime state where steady growth and low unemployment can co-exist with slowing inflation and higher interest rates. That at least would explain the resilience of stocks to blockbuster U.S. retail data and the rise of 10-year Treasury yields to seven-week highs. After an initial dip, Wall Street rallied into the close and futures have since nudged higher, lifting Asian markets in the process. That's a marked divergence from the Blue Chip consensus which has been tipping a sharp contraction for the quarter.

☆ Meet Justina Miles, Rihanna's Super Bowl halftime show ASL performer
▼ + stars: | 2023-02-12 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

As millions tune in to watch the Philadelphia Eagles take on the Kansas City Chiefs at the Super Bowl in Glendale, Arizona, this Sunday, Justina Miles will be making history. She will also be the first female deaf performer for the Super Bowl's halftime show. More than 120 million viewers watched the Super Bowl halftime show in 2022, which featured Dr. Dre, Snoop Dogg, Eminem, Mary J. Blige and Kendrick Lamar. It was the first Super Bowl halftime show to feature ASL performers, including rappers Sean Forbes and Warren "WaWa" Snipe. Super Bowl pre-game coverages starts Sunday at 1 p.m. EST on Fox, and kickoff is set for 6:30 p.m. EST.

☆ President Biden says he'd be 'sleeping alone' if he wasn't a Philadelphia Eagles fan alongside his 'Philly girl' wife, Jill Biden
▼ + stars: | 2023-02-11 | by ( John L. Dorman | ) www.businessinsider.com time to read: +1 min

President Biden joked that he'd be "sleeping alone" if he wasn't an Eagles fan alongside his wife. First lady Jill Biden, who grew up in the Philadelphia suburbs, is a longtime fan of the team. But Jill Biden, who graduated from high school in the Philadelphia suburbs, doesn't play around when it comes to her team. Last week, Biden joked that "I'd be sleeping alone" if he wasn't a fan of the team alongside his wife. I mean, the certitude," Biden said of his wife's belief that the Eagles will win the championship this year.

☆ The dip buyers are back on Wall Street — listen to the 'Homestretch'
▼ + stars: | 2023-02-10 | by ( ) www.cnbc.com time to read: +8 min

I TELL YOU SOMETHING, I'M SAYINGTHAT THE DIP BUYERS ARE BACK. MORE IMPORTANTLY, WHAT WE HAVEIS A CONSTRUCTIVE MARKET IN THATWE'RE ROTATING IN AND OUT OFAREAS THAT CAN SOLD AND COMEBACK. ETSY IS A PRETTY GOOD STOCK. A GOOD GROWTH STOCK TRADES LIKETHAT. THAT'S NOT HOW I LIKE COMPANIESTO DO THINGS, EVEN IF THERE WEREFACTORS OUTSIDE OF YOUR CONTROL,I'M NOT A FAN OF IT.

☆ Philadelphia has Eagle eye on Super Bowl
▼ + stars: | 2023-02-10 | by ( Amy Tennery | ) www.reuters.com time to read: +3 min

PHOENIX, Feb 10 (Reuters) - The Eagles will bring Philly's fighting spirit to Super Bowl 57 as their fans fly in droves to watch Jalen Hurts and the NFC champions take on Patrick Mahomes' Kansas City Chiefs on Sunday. Defensive end Brandon Graham and defensive tackle Fletcher Cox, holdovers from the Eagles' successful Super Bowl campaign five years ago, add to the veteran credentials of a group the New York Post has dubbed the "Birds of Prey". And, you know, hit the ground rolling, we hit the ground rolling. 'DIEHARD FANS'The title game will be the ultimate test for 41-year-old head coach Nick Sirianni, at the helm for a Super Bowl for the first time. Hurts' breakout season saw him rack up 3,701 passing yards after getting the Eagles off to an impressive 8-0 start to the season.

☆ The tater tot trade: Domino's new menu item should boost this potato play, Bank of America says
▼ + stars: | 2023-02-08 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Lamb Weston, whose shares have already risen about 11% in 2023, stands to benefit from the Domino's move, Bank of America said. It's the largest manufacturer of frozen potato products in North America with a 43% market share. A new addition to the menu at Domino's Pizza's could translate into big gains for shares of potato producer Lamb Weston , according to Bank of America. Bank of America expects that to increase with Domino's tater tots launch, adding that tight potato supply and limited capacity growth supports a "longer-term bull case" for Lamb Weston earnings. Galbo estimates the tater tots could lift Domino's retail sales by about 2% in their first year.

☆ A new ultrafast pizza delivery startup in Philly delivers food in just over 12 minutes on average. Here's how it works.
▼ + stars: | 2023-01-28 | by ( Nancy Luna | ) www.businessinsider.com time to read: 1 min

Chain said one of Muncho's two vans recently became profitable, while the second one is on its way to profitability. Muncho plans to build out its operation in Philadelphia first, before committing to growth outside the city. Muncho's pepperoni pizza.

☆ I used to work as a chef in Philadelphia. Here are the 12 restaurants I always recommend to first-time visitors.
▼ + stars: | 2023-01-28 | by ( Grace Kennedy | ) www.businessinsider.com time to read: +11 min

I'm a Philadelphia native who used to work as a chef and baker in restaurants around the city. Philadelphia is known for its cheesesteaks, but it also has great Mexican, Italian, and Thai food. There are too many restaurants in Philadelphia worth trying to list them all here. However, these 12 restaurants are my tried-and-true favorites that every first-time visitor should try during a trip to Philadelphia. In my opinion, it serves some of the best Thai food in the country.

☆ Trump poses for photograph with convicted mob boss, in a flashback to controversial dinner with white nationalist Nick Fuentes
▼ + stars: | 2023-01-24 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Donald Trump was pictured with a man who is a convicted mob boss, per The Philadelphia Inquirer. The ex mob boss, Joseph "Skinny Joey" Merlino, said Trump wasn't aware of who he was. Trump, Merlino, and a third unidentified man are pictured in the photograph giving thumbs-ups while at the Trump International Golf Club West Palm Beach in Florida. The photo was widely shared online on Monday, prompting questions as to whether Merlino and Trump knew each other. "President Trump takes countless photos with people," a campaign spokesperson told The Inquirer.

☆ Morning Bid: Turbulence
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +2 min

Traders took Wednesday's weak U.S. production, retail sales and producer price data badly, selling risk assets and buying safer ones. Bond markets shrugged off hawkish rhetoric from non-voting Fed officials Bullard and Mester to rally. Fed voters Lael Brainard and John Williams might get more of markets' attention at events later in the day. Elsewhere, the dust is settling quickly on the Bank of Japan's decision not to bend to speculators' attack on its yield curve control policy. The yen has bounced back to where it was before the meeting and the Nikkei (.N225) slipped, though calm in Japan's bond market might suggest short sellers are having a breather before re-loading for meetings in March and April.

☆ Philly Fed president says it's appropriate to hike rates a few more times in 2023
▼ + stars: | 2023-01-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPhilly Fed president says it's appropriate to hike rates a few more times in 2023CNBC's Steve Liesman joins 'Closing Bell' with news from Philadelphia Fed President Patrick Harker, who thinks it's appropriate to hike rates a few more times this year.

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