Please ensure Javascript is enabled for purposes of website accessibility

Economy

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.

A woman carries shopping bags in Manhattan, N.Y., August 11, 2025. (REUTERS/Eduardo Munoz)
May 14, 2026

Tax refunds help to lift US retail sales; rising inflation drag looms

U.S. retail sales increased solidly for a third straight month in April, though part of the rise in receipts was due to a sharp rise in inflation since the start of the U.S.-backed war with Iran.

Kevin Warsh, President Donald Trump's nominee to be next chair of the Federal Reserve, attends a Senate Banking Committee confirmation hearing to testify, on Capitol Hill in Washington, D.C., on April 21, 2026. (REUTERS/Elizabeth Frantz)
May 13, 2026

Warsh clinches Senate approval as next Fed chair as inflation intensifies

The U.S. Senate approved Kevin Warsh as chair of the Federal Reserve, putting him at the helm as the central bank grapples with intensifying inflation.

People fuel up their vehicles at a gas station in Chicago on April 4, 2026. (REUTERS/Jim Vondruska)
May 12, 2026

Consumer prices see biggest annual rise in almost three years as prices increase broadly

U.S. consumer prices rose at a brisk clip for a second straight month in April, resulting in the largest annual increase in inflation in nearly three years.

Teaching technical trades is a big part of economic development in the St. Mary’s County Innovation District. (St. Mary's County Department of Economic Development)
May 12, 2026

To the ’burbs and beyond: How can MD boost business outside cities?

Locales in Maryland’s outer reaches have their own strengths and attractions — and varied approaches to economic development.