City Philadelphia Financial News

Wall Street Journal columnist Bill McGurn and GOP strategist Ford O'Connell discuss the state of the U.S. economy as President Biden touts Bidenomics and his green agenda on ‘The Evening Edit.’

Philadelphia police say a man who had tried to steal merchandise from a department store returned 15 minutes later and stabbed two security guards, killing one and injuring the other

Daryl Hall & John Oates threatens to bring over five decades of musical collaboration to a halt. Filings in a Nashville court and a hearing last week reveal that the «You Make My Dreams» hitmaker are involved in a fight over sale of their joint business venture in which Hall, 77, has accused Oates, 75, of committing the “ultimate partnership betrayal”. “Your average fans feel like it’s a divorce — they’re upset and sad,” Lori Allred, who founded the first Hall & Oates fan club in the US officially recognized by the multiplatinum-selling duo, said. “You’re seeing these two people, and you grow up with their music, following them and going to shows, and now it’s like, wow.

Kyle McCord, Ohio State's promising quarterback, has entered the transfer portal, leaving the Buckeyes searching for their next signal-caller. McCord, a five-star recruit from St. Joseph's Prep in Philadelphia, had patiently bided his time before earning the starting role this year. With his departure, the spotlight now falls on potential successors, and the upcoming Cotton Bowl against Missouri may serve as a platform for one quarterback to stake their claim for the 2024 season.

Los Angeles Lakers will take on the Cleveland Cavaliers on Saturday. The Cleveland also suffered a humiliating 129-96 defeat against Miami on Wednesday. The loss to Dallas came as a rude shock to the Lakers, who had won three consecutive games. The game against the Cavaliers will be the beginning of a four-game road trip for the team, with their next game scheduled in Philadelphia on Monday.

By Juveria Tabassum, Savyata Mishra

Listed healthcare imaging software business Pro Medicus’ two founders began selling down $176 million worth of stock on-market just before midday, after a strong run in the company’s share price.

By Patrick Wingrove

Marine Corps Birthday is an American holiday that is celebrated on November 10 every year with great zeal. On this day, a traditional ball and cake-cutting ceremony takes place. Further, the day commemorates the birth of the United States Marine Corps. In order to augment naval forces in the Revolutionary War, the United States Marine Corps was established on November 10, 1775. The Continental Marines played a vital role in the war as they participated in many key battles including the Battle of Trenton and the Battle of Yorktown.

Advisers for bankrupt crypto exchange FTX have been disclosing data from customers’ transactions and accounts with the Federal Bureau of Investigation (FBI), according to court documents seen by Bloomberg. 

'Making Money' host Charles Payne analyzes the September retail sales report after it smashed expectations.

Lauryn Hill has postponed her Fort Worth show as part of the 25th-anniversary tour for her 1998 album, «The Miseducation of Lauryn Hill.» The reason for the delay is ongoing vocal issues. Hill had previously delayed a show in Philadelphia due to the same problem. She explained in a tweet that doctors have advised her to rest her voice. Hill mentioned her struggle with vocal strain and injury over the past week and how she had continued to perform by using medication to mask the injury. She acknowledged the unsustainability and risk of this approach. Hill woke up on the day of the Fort Worth show with severely impaired vocal abilities, which led her to the decision to postpone the event. The artist expressed her desire to heal and rest her voice so that she can continue the tour in the future. She thanked her fans for their support and indicated her anticipation of returning to Texas. As per the latest information available, there has been no announcement regarding a rescheduled date for the Fort Worth performance. The Miseducation tour, including occasional reunion performances by the Fugees, started in early September in Minneapolis. Hill had previously postponed a show in Philadelphia to avoid further strain or damage to her vocal cords. However, she managed to perform in Chicago, where Chance the Rapper, one of her notable fans, was present with his mother. The next planned tour date is scheduled for November 2 at the Ball Arena in Denver, Colorado.

With the market for listed real estate investment trusts at historic lows, financial advisors may want to dust off the real estate allocation in clients’ portfolios and begin to expand that position.

Now that the merger of the Charles Schwab Corp. and TD Ameritrade Holding Corp. is in the rearview mirror, Schwab is throwing more technology at the thousands of registered investment advisors who use the firm to custody close to $4 trillion in client assets.

The contracts are signed, the champagne glasses have been clinked, and the deal to sell your RIA is done. Still, an owner of a registered investment advisor may have lingering doubts about selling his or her firm.

NBA season 2023-24 is officially commencing tonight in Denver and is scheduled to run until the finals in April. The season begins with an exciting matchup as the defending champion Denver Nuggets face the LA Lakers at 7:30 pm (ET) on Tuesday night, followed by the Golden State Warriors vs Phoenix Suns at 10 pm (ET). These four teams are among the most entertaining in the league. Tuesday night's games will be exclusively broadcast on TNT, and there are various ways to stream the action live online without cable. Coverage will be distributed across TNT, NBA TV, ESPN, and ABC. The first games on Tuesday include the Denver Nuggets vs LA Lakers and the Golden State Warriors vs Phoenix Suns on TNT. For those without cable, there are still plenty of options to stream the games live online through platforms like DirecTV Stream, Sling TV, Hulu+ Live TV, and Fubo TV. NBA teams currently have about $4.8 billion in salary committed to players for this season, meaning the average per team is around $160 million. Just three seasons ago, only two teams spent more than $160 million. The total NBA payroll — for now, pending changes based on whatever happens during the season that starts on Tuesday night — is up about 7% over last year, and has risen by 26% over what teams were paying just three years ago. The teams with the six biggest payrolls going into this season, in order: Golden State, the Los Angeles Clippers, Milwaukee, Phoenix, Philadelphia and Miami.

fentanyl-related deaths from 3% in January that year to 11% in June 2022. Last month the White House announced a plan to stop its spread. How worrying is tranq dope? Tranq dope combines fentanyl, a synthetic opioid drug, with xylazine or “tranq", a strong non-opioid tranquiliser used to sedate horses, deer and other large animals.

A team of six has moved to the RBC Wealth Management branch in Philadelphia having managed $450 million in client assets at Morgan Stanley.

President Joe Biden is going to Pennsylvania again

Robert F. Kennedy Jr.'s campaign for the Democratic presidential nomination came to an end on Monday. The scion of the first family of Democratic politics launched an independent bid in Philadelphia instead. He said that he wants to heal the political divide. Kennedy compared Republicans and Democrats to teenagers fighting over the steering wheel of an out-of-control car, while both follow a GPS route programmed by lobbyists, according to reports.