Latest news with #CityLab
Bloomberg
19 hours ago
- Business
- Bloomberg
Philadelphia Transit Braces for Sweeping Service Cuts
Philadelphia commuters are set to lose dozens of bus routes, rail stations and five rail lines starting August 24, after the city's transit agency SEPTA voted on Thursday to approve a 2026 budget that slashes services by 45%. The budget will also raise fares by 21.5% as officials continue to press the state for help addressing a $213 million operating deficit. Since the Covid pandemic, mass transit across the US — faced with a collective $6 billion shortfall — has been hurtling toward a ' death spiral,' in which sweeping cuts decimate ridership, leading to declining revenues and further service reductions. Few systems are under more financial pressure than SEPTA, whose officials warn that the repercussions 'will be almost impossible to reverse,' and are likely to affect people well beyond the city, Sri Taylor reports. Today on CityLab: Philadelphia Transit System Votes to Cut Service by 45%, Hike Fares
Bloomberg
18-06-2025
- Politics
- Bloomberg
‘Abolish FEMA' Memo Details Trump's Plan to Scrap Agency
A March 2025 memo seen by Bloomberg details how the Trump administration plans to drastically shrink the Federal Emergency Management Agency's key disaster response functions. The document, titled 'Abolishing FEMA' and addressed from then-acting FEMA head Cameron Hamilton, proposes ending federal aid for smaller disasters that aren't of 'national significance,' cutting long-term housing assistance for survivors and halting new enrollments in the National Flood Insurance Program, among other things. Such reforms would transfer responsibilities to state and local governments, even as the memo acknowledges that many are currently 'unprepared' to expand their roles. The changes could come as early as late 2025, though many of the proposals would require congressional action. Read more from Zahra Hirji, Jason Leopold and Lauren Rosenthal today on CityLab: 'Abolishing FEMA' Memo Outlines Ways for Trump to Scrap Agency
Bloomberg
15-06-2025
- Business
- Bloomberg
How Ohio Design Firm Moody Nolan Remembers Founder Curtis Moody
Moody Nolan CEO Jonathan Moody remembers his father, Curtis Moody, and how he built the largest Black-owned design firm in the US. Hello and welcome to Bloomberg's weekly design digest. I'm Kriston Capps, staff writer for Bloomberg CityLab and your guide to the world of architecture and the people who build things. Sign up to keep up: Subscribe to get the Design Edition newsletter every Sunday.
Bloomberg
30-05-2025
- Entertainment
- Bloomberg
Children's Museums Are Embracing Risky Play
When the City Museum in St. Louis opened in 1997 at the site of an old shoe warehouse, it was considered an outlier in the world of children's museums. Built using salvaged materials and featuring a massive playground that looks more like an active construction site, the institution was among the first to encourage more adventurous and less structured play — as opposed to more educational experiences. Its emphasis on exploration and risk-taking has since beengradually embraced by other interactive kids museums around the US — even as City Museum itself has had to tame some of its most unhinged aspects. The shift comes as childhood habits are changing, with fewer kids spending time outdoors or unsupervised, contribute Amanda Abrams writes. Today on CityLab: Where the Wild Children's Museums Are
Bloomberg
29-05-2025
- Business
- Bloomberg
Tulsa's Economy Reaps Benefit of Remote Worker Program
For every dollar Tulsa spent to pay remote workers to move there, the Oklahoma city generated $4.31 in local economic benefits — more than double the return ratio of traditional incentive programs aimed at attracting large employers. That's according to a new study on Tulsa Remote, one of the first and largest programs in the US to lure new residents with financial incentives. Since 2018, more than 3,400 people have received $10,000 to relocate through Tulsa Remote, the majority of whom still live in the city today. Adding these new workers has boosted incomes for existing residents and created new jobs, while also building Tulsa's tax base, the study found. Fola Akinnibi and I look at what made the program work, and how the study's finding can be instructive for other cities. Today on CityLab: The Economic Benefits of Paying Workers to Move
