▸ economy · LEAD

South Street Bridge Reopening Continues to Reshape Philadelphia

The South Street Bridge's return has had lasting effects on Philadelphia's urban landscape, mobility, and surrounding neighborhoods.

From hoodline (joshua doyle)
economy · US Top News and Analysis

Japan May Exports Surge at Fastest Pace in Over Three Years

Strong demand for cars and semiconductors pushed Japan's May exports to their fastest growth rate since November 2022, exceeding analyst expectations.

economy · US Top News and Analysis

Fed Expected to Hold Rates Steady Under Kevin Warsh's Leadership

A CNBC Fed Survey finds no rate changes anticipated soon, with the Fed likely to drop its easing bias at this week's meeting.

economy · US Top News and Analysis

Fed Chair Warsh May Skip the Dot Plot's Rate Forecast

Kevin Warsh is expected to withhold his individual rate projection from the Fed's quarterly outlook, a notable break from convention.

economy · US Top News and Analysis

Wharton Model Projects Social Security Fund Depletion in 2033

A new Penn Wharton Budget Model forecast places Social Security trust fund depletion in February 2033, slightly later than official government projections.

economy · CNBC

Hormuz Deal May Lower Gas Prices, But Broader Relief Is Slow

A tentative Strait of Hormuz agreement is easing oil prices, but groceries and home goods could remain elevated for much longer.

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