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Economy posts second straight month of strong job gains, but strains remain
U.S. employment increased more than expected in April while the unemployment rate held steady at 4.3%, pointing to labor market resilience.
US trade court rules Trump tariffs illegal, but issues narrow block
The U.S. trade court ruled against President Donald Trump's latest 10% global tariffs, finding across-the-board tariffs were not justified under a 1970s trade law.
Lawyer: High jet fuel prices left Spirit no choice but to shut down
A judge in the Southern District of New York Bankruptcy Court said on Tuesday that it was "a horrible day for employees" after a bailout for Spirit Airlines proposed by the U.S. government fell through, leaving no way out of bankruptcy.
MD gains 3.2K jobs in March, officials estimate
The Maryland Department of Labor said total nonfarm employment in the state increased by 3,200 jobs in March.
Restaurant sales drop as Iran war pushes gas prices higher
Several restaurant chains including Wingstop and Domino's reported weaker-than-expected sales growth in the latest quarter caused by soaring gasoline prices.
Annual inflation posts biggest gain in nearly three years in March
Inflation accelerated in March with the personal consumption expenditures price index rising 0.7%, the largest gain since June 2022, driven by higher gasoline prices.
Fed holds rates steady amid sharp divide over policy easing bias
The Federal Reserve held interest rates steady, but in its most divided decision since 1992 noted rising concerns about inflation.
Fed chief nominee Warsh clears key confirmation hurdle in Senate
Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, cleared a key procedural hurdle in the Senate.
MD loses 5.5K jobs in February as Moore seeks to grow economy
The Maryland Department of Labor reported that nonfarm employment in the state fell by an estimated 5,500 jobs in February.
MD Stadium Authority approves $48.5M deal for Laurel Park
The Maryland Stadium Authority Board of Directors voted to approve a $48.5 million agreement with 1/ST Holdings to purchase Laurel Park.
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.
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.
