The Philadelphia Fed said its mid-Atlantic business activity index tumbled to -6.3 from 9.4 in January. That was far below economists' expectations for 8.0.
Another winter storm hits the East, causing more travel headaches.
Hundreds of more flights are canceled as airlines struggle with storm-battered Valentine's weekend schedules.
Mike McCann, Fox & Roach real estate agent, showcases three Philadelphia properties that are hot real estate buys.
CNBC's Steve Liesman reports from Philadelphia where a major economic conference is taking place this weekend. Ben Bernanke will make his last major speech Friday afternoon as Fed chairman.
New Year's Day will bring a fresh test for President Barack Obama's healthcare overhaul, as hundreds of thousands of Americans will begin to use the program's new medical coverage for the first time.
Delta bought an oil refinery in 2012 to help control jet fuel costs and made a profit on the Pennsylvania facility for the first time in the third quarter.
The Philadelphia Fed said that factory activity in the Mid-Atlantic region hit a six-month low in November, while remaining positive.
Diwa Guinigundo, Deputy Governor of the Philippines central bank explains the possible economic damage that may result from Tyhoon Haiyan.
Mad Money host Jim Cramer, and CNBC's Brian Sullivan reflect on the energy boom in Philadelphia, and discuss the shipbuilding industry.
Aker Philadelphia Shipyard president and CEO Kristian Rokke discusses the increase in ship demand, and concerns he has for the shipping industry.
CNBC's Brian Sullivan reports a major boom in fracking is prompting a shipping play in Philadelphia.
It may not be surprising that the City of Brotherly Love is home to a thriving shipbuilding economy, but the reason might be: domestic oil production.
CNBC's Rick Santelli and Steve Liesman break down the latest October data from the Philly Fed which is 19.8 vs. 22.3 in September.
In this week's "Power House" segment, Jeff Block of Prudential Fox & Roach, discusses the state of Philadelphia's real estate market. This week's power house is listed for about $2.3 million.
CNBC's Rick Santelli and Steve Liesman break down the August Philadelphia Fed index.
A high-profile police commissioner who has run three of America's largest police forces is preparing to launch the first comprehensive social media network for police officers.
Gah! Connecting flights can be maddening for travelers. Here are the 10 worst airports for connections.
Detroit said it would stop making some debt payments and asked creditors to accept pennies on the dollar to help it avoid the largest municipal bankruptcy filing in US history.
A four-story building near being demolished collapsed, injuring 12 people and trapping two others, Philadelphia's fire commissioner says.