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Economy

U.S. Federal Reserve Chair Jerome Powell holds a news conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the Federal Reserve in Washington on March 18, 2026. (REUTERS/Kevin Lamarque)
Apr 15, 2026

Trump threatens to fire Powell if he doesn’t leave Fed board; probe to continue

President Donald Trump threatened to fire Jerome Powell from his separate seat on the Federal Reserve Board of Governors if he does not vacate that post as well when his term as Fed chief ends.

A groundbreaking was held at the Helen Delich Bentley Port of Baltimore on a new grain transloading facility at Seagirt Marine Terminal on April 9, 2026. The facility will offer a easier more efficient way for farmers to export goods around the world. (Submitted photo from KO Public Affairs)
Apr 10, 2026

Port of Baltimore generated $65B in 2025, to add grain facility

The Port of Baltimore generated over $65 billion in 2025, with automobiles and light trucks contributing nearly $20 billion amid recovery from the Francis Scott Key Bridge collapse.

Shipping containers are stacked at a terminal at the port of Los Angeles in Long Beach, California, March 10, 2026. (REUTERS/Caroline Brehman/File Photo)
Apr 10, 2026

Trade court weighs legality of Trump’s 10% global tariff

A trade court examined the legality of President Trump's 10% global tariff amid lawsuits from states and businesses challenging its authority.

People fuel up their vehicles at a gas station in Chicago on April 4, 2026. (REUTERS/Jim Vondruska)
Apr 10, 2026

Record surge in gas prices fuels consumer inflation in March

U.S. consumer prices increased by the most in nearly four years in March as the war with Iran boosted oil prices and the pass-through from tariffs persisted.

Maryland Department of Labor logo
Apr 8, 2026

Maryland gains 4,500 jobs in January

Based on new employment data released by the Bureau of Labor Statistics, Maryland has experienced moderate job growth. 

Line workers spot weld parts of the frame on the flex line at an automobile manufacturing plant in Smyrna, Tennessee, August 23, 2018. (REUTERS/William DeShazer/File Photo)
Apr 7, 2026

Business spending for equipment on solid ground before Iran war

New orders for key U.S.-manufactured capital goods increased more than expected in February while shipments of those products rose solidly.

APG Federal Credit Union plans to open its first Baltimore location in Canton in early 2027. (Photo courtesy APGFCU)
Apr 6, 2026

APG Federal Credit Union to open first Baltimore location

APG Federal Credit Union will open its first Baltimore City branch in Canton, expanding financial services and community outreach in central Maryland.

A sign posted outside a Target store states the company is hiring in Encinitas, California, on March 30, 2026. (REUTERS/Mike Blake)
Apr 3, 2026

Job growth accelerates by the most in 15 months in March

U.S. job growth rebounded sharply in March as a strike by health care workers ended and temperatures warmed up, but downside risks for the labor market are mounting.

McCormick brand spices at a grocery store in Medford, Massachusetts, March 31, 2026. (REUTERS/Brian Snyder)
Apr 1, 2026

MD-based McCormick bets on flavor in $65B Unilever tie-up amid shifting tastes

McCormick bets on flavor as merges with Unilever's food business, targeting global markets amid shifting consumer tastes.

Workers construct a single family home at a Lennar housing development in San Diego, California, March 11, 2025. (REUTERS/Mike Blake)
Mar 27, 2026

Coinbase brings token-backed down payments to housing market

Coinbase is teaming up with Better Home & Finance to let homebuyers pledge their crypto holdings as collateral for down payments, marking one of the most ambitious attempts yet to adapt digital assets for mainstream needs.

From left, House Minority Leader Jason Buckel, R-Allegany, and Senate Minority Leader Steve Hershey, R-Upper Eastern Shore, are among Republican lawmakers calling for a 30-day gas tax holiday in light of rising oil prices. (Hannah Gaskill/The Daily Record photo)
Mar 19, 2026

Republicans propose gas tax holiday as prices at the pump soar

Maryland Republicans proposed a 30-day gas tax holiday to provide relief amid rising prices caused by the war in Iran, pending the governor's approval.

The exterior of the Marriner S. Eccles Federal Reserve Board building is seen in Washington on June 14, 2022. (REUTERS/Sarah Silbiger/File Photo)
Mar 18, 2026

Fed holds rates steady as war in Iran clouds outlook

The Federal Reserve again left interest rates unchanged, ignoring President Donald Trump’s demands for cuts while acknowledging the war with Iran increases uncertainty.

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