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Shoppers tighten budgets, but still find room for treats and splurges
There are indications that middle-class American consumers are growing more tight-fisted, even as wealthier shoppers have kept supporting luxury brands.
Most schools ask parents to buy almost $100 of back-to-school supplies
The cost of school supplies has risen nearly 8 percent since last year, amid tariffs on imported goods, according to a report.
MD employment rose by nearly 12K jobs in July
Maryland employment increased by 11,700 jobs in July, with private sector gains leading growth and unemployment falling to 4.2%, just above the national average.
As high prices persist, some Americans are cutting back on spending
Many Americans are growing weary of persistent inflation and high prices at the pump. While many still hope for relief, they are starting to think about tightening their belts.
Lenders scrutinize data center financing as community opposition builds
The race to finance the U.S. data center boom is forcing banks and asset managers to confront an added risk: political and community opposition.
The economy shed 23,000 jobs in July as labor market weakened
U.S. employers shed 23,000 jobs in July as the labor market weakened despite a low unemployment rate of 4.1%, according to Labor Department data.
Under Armour forecasts steeper annual sales decline on weak North America demand
Under Armour forecasts a steeper annual revenue decline due to weak demand in its key North American market amid economic uncertainty and inflation.
Labor market stable; worker productivity accelerates in second quarter
The labor market remains stable with low layoffs and rising productivity in the second quarter, easing wage pressures amid inflation concerns.
Small business accelerator program launched in Frederick
M&T Bank has launched a free, 10-week program that will offer helpful resources and tools for business owners in the Frederick area.
Economy slowed in second quarter, while inflation improved
The U.S. economy slowed to a 1.5 percent pace from April through June, as increases in consumer and business spending were partially offset by a drop in government outlays.
Fed holds rates steady; three policymakers dissent in favor of hike
The Federal Reserve held interest rates steady, drawing dissents from three members of the policy-setting Federal Open Market Committee.
Ravens commit to upgrades, lease extension at Owings Mills training facility
The Baltimore Ravens committed to a lease extension of their Owings Mills training facility.
