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Economy

Gov. Wes Moore on April 28, 2025, announces an agreement with the Defense Advanced Research Projects Agency to develop quantum computing testing. (The Daily Record/Jack Hogan)
Jun 12, 2026

MD candidates debate impact of Moore’s ‘lighthouse’ push

Maryland candidates discuss Gov. Wes Moore's DECADE Act focusing on biotech and quantum industries amid concerns about job reach and economic impact.

Department of Housing and Community Development anticipates a shortage of single-family homes and a surplus of multi-family housing.
Jun 11, 2026

MD candidates debate solutions to housing affordability crisis

General Assembly candidates agree housing affordability is a crisis but differ on solutions including zoning reform and rent stabilization.

People shop for groceries at a store in Manhasset, New York, on Nov. 19, 2025. (REUTERS/Shannon Stapleton)
Jun 10, 2026

Consumer inflation posts largest increase in three years in May

U.S. consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and other energy products.

A sign posted outside a Target store states the company is hiring in Encinitas, California, on March 30, 2026. (REUTERS/Mike Blake)
Jun 5, 2026

Job market notches third straight month of solid growth in May

The economy posted another month of strong employment gains in May, confirming that the labor market was gaining traction after stumbling last year.

State Treasurer Dereck E. Davis, Gov. Wes Moore and Comptroller Brooke Lierman approve Maryland's annual bond sale on June 3, 2026. (Hannah Gaskill/The Daily Record)
Jun 3, 2026

MD Board of Public Works approves $800M bond sale

The Maryland Board of Public Works approved the sale of $800 million of the state’s general obligation bonds.

An employee hiring sign with a QR code is seen in a window of a business in Arlington, Virginia, on April 7, 2023. (REUTERS/Elizabeth Frantz)
Jun 2, 2026

Job openings rise by most in 2 years; hiring weak amid economic uncertainty

U.S. job openings increased by the most in two years in April, but the surge likely overstates the labor market's health.

People fuel up their vehicles at a gas station in Chicago on April 4, 2026. (REUTERS/Jim Vondruska)
Jun 2, 2026

Gas tax in MD to increase slightly on July 1

Maryland motorists will face an increase in the state gas tax rate starting next month, though they may not notice the change.

Salvage crews remove debris from the collapsed Francis Scott Key Bridge from the Fort McHenry channel on June 3, 2024. (Photo by Bobby Petty, U.S. Army Corps of Engineers, Baltimore District)
May 29, 2026

Key Bridge litigation is hard to keep track of. Here’s a guide before civil trial.

Litigation over the Francis Scott Key Bridge collapse is just ramping up. Here's what to know ahead of a civil trial.

People shop for groceries at a store in New York City on July 15, 2025. (REUTERS/Jeenah Moon)
May 28, 2026

Inflation posts largest annual increase in three years in April

U.S. inflation increased at its fastest pace in three years in April, driven by higher energy prices due to the Iran war.

Commercial watermen with boats in the Kent Narrows Boat Basin are locked in their slips during a rough winter this past February. (Photo by Sightlines Aerial Photography)
May 20, 2026

MARBIDCO to offer relief loans to MD oystermen

MARBIDCO officials said the organization will provide disaster relief loans to eligible Maryland commercial oyster harvesters.

Kevin Warsh, President Donald Trump's then-nominee to be next chair of the Federal Reserve, testifies before a Senate Banking Committee confirmation hearing on Capitol Hill in Washington on April 21, 2026. (REUTERS/Elizabeth Frantz/File Photo)
May 20, 2026

Fed minutes show more policymakers were prepared to lay groundwork for rate hike

A growing number of Federal Reserve officials said last month the central bank should lay the groundwork for a possible rate hike.

Reflections of WTC and Bank of America buildings in the glass of the Convention Center. MF-D 12-4-00
May 15, 2026

MD tourism sees ‘uneven recovery’ amid convention center, downtown challenges

Maryland tourism faces uneven recovery as the Baltimore Convention Center's size and hotel closures impact the industry, though events and visitor spending remain strong.