Delaware March jobless rate falls below 4% for first time since 2019
Delaware’s seasonally adjusted unemployment rate in March was 3.9%, down from 4% in February 2024.
The Delaware Department of Labor reported 20,000 unemployed Delawareans in...
From Spotlight Delaware – In governor’s race money pours in from personal accounts of...
By Karl Baker
This story was produced by Spotlight Delaware, a community-powered, collaborative, nonprofit newsroom covering the First State. Learn more at spotlightdelaware.org
The three-way race to...
Bloom Energy California plant gets $75 million in tax credits
Bloom Energy Inc. was recently awarded up to $75 million in tax credits by the Department of Energy, Department of Treasury, and the Internal...
From WHYY: Delaware economy faces challenge with more job openings than workers seeking employment
By Johnny Perez-Gonzalez
Delaware’s economy has seen significant improvement since 2017, when Gov. John Carney first took office.
And while Delaware’s economy has improved since then,...
State Auditor’s report points out accounting woes in jobless compensation fund
Delaware Auditor of Accounts Lydia E. York issued a special report on the Delaware Unemployment Compensation Fund (DUCF) that found "significant deficiencies in internal accounting...
Delaware jobless rate drops to 4%
Delaware’s seasonally adjusted unemployment rate in February 2024 dipped to 4%, down from 4.1% in January 2024, the Delaware Department of Labor reported.
Revised...
Delaware ranks 49th as homeowners remain reluctant to take on more mortgage debt
Delaware ranked 49th among the 50 states in adding mortgage debt.
The WalletHub financial information site issued the report. WalletHub compared the 50...
NC County Corridor Revitalization Fund loan window opens
True Access Capital (TAC), Claymont Renaissance Development Corporation and New Castle County Government announced that applications are now being accepted for the New...
Delaware House passes bill that takes Medicare Advantage off the table for state retirees
The Delaware House on Tuesday passed two bills aimed at increasing transparency in the process of selecting retirement health plans for state workers.
B 281...
Personnel file: March 11, 2024
WSFS names SVPs
WSFS Bank announced that the following 10 Associates from across the organization have been appointed to Senior Vice President positions:
Bryan Andersen – SVP, Director...
Consumer Financial Protection Bureau orders cut in credit card late fees
The Consumer Financial Protection Bureau (CFPB) Tuesday announced a rule to cut credit card late fees.
The rule will curb fees that...
Bank of America to move 500 jobs out of downtown Wilmington by late 2025
Bank of America plans to phase out its presence at the Bracebridge complex in downtown Wilmington by late 2025.
B of A spokesman...
Capital One plans to acquire Discover in $35 billion deal
Capital One Financial Corporation and Discover Financial Services announced that they have entered into a definitive agreement under which Capital One will acquire Discover in an all-stock...
Bloom Energy finishes 2024 with improved results, lower 4th quarter revenue
Bloom Energy Corporation reported improved results in the fourth quarter and 2024. The San Jose, CA-based company that operates a site in Newark reported...
PNC adds mobile bank in Delaware as company announces $1 billion in renovations and...
PNC has added a mobile bank in an area outside Wilmington as part of a branch expansion and renovation program.
The nationwide ...
From WHYY: The failed taxpayer-funded quest to restore Wilmington’s Gibraltar mansion
By Cris Barrish
This investigative report was supported by a statehouse coverage grant from the Corporation for Public Broadcasting.
Two men wield video cameras as they...
Cost of popular weight loss drugs for state employees races ahead of budgeted figure
By Jacob Owens
This story was produced by Spotlight Delaware, a community-powered, collaborative, nonprofit newsroom covering the First State. Learn more at spotlightdelaware.org
When Gov. John Carney...
UD, facing a $20 million to $40 million budget gap, freezes hiring, halts pay...
The University of Delaware has taken steps to reduce costs, including staff hiring, a pay freeze, and curbs on capital spending as it deals...
DuPont reports 4th quarter loss and lower earnings in 2023
DuPont reported a loss in the fourth quarter as the destocking of customer inventories continued and China markets remained soft. The company is based...
Chase opens branch near Rehoboth
Chase this week opened a branch near Rehoboth Beach at 19068 Coastal Highway.
The opening increased the number of Chase branches to 10...
