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Banks warn consumers will be hurt by Trump’s 10% cap on credit card interest rates
U.S. banks pushed back on Trump’s proposed 10% credit card interest rate cap, warning it could limit credit access and raise fees for consumers.
US retail sales unexpectedly unchanged in October
U.S. retail sales were flat in October, missing forecasts as rising living costs squeezed lower-income households despite spending by wealthier consumers.
Gov. Moore testifies for faster minimum wage boost
Maryland Gov. Wes Moore is pressing lawmakers to speed up an increase of the minimum wage to $15 this year instead of waiting until 2025.
How much more expensive is Md.? New data sheds light
Living and buying in Maryland is expensive – and it looks like it’s going to stay that way. According to recent data from the Bureau of Economic Analysis, prices in […]
Ikea raises hourly pay for U.S. retail workers
Ikea's U.S. division is raising the minimum wage for thousands of its retail workers, pegging it to the cost of living in each location, instead of its competition.
Nearly 20% of Md. households cost-burdened
Nearly 20 percent of renters and homeowners in Maryland are spending half of their income on housing expenses.
Social Security benefits to go up by 1.5 percent
WASHINGTON — Social Security benefits will rise 1.5 percent in January, giving millions of retired and disabled workers an average raise of $19 a month to keep up with the […]
WSSC proposes 7.5 percent fee increase
LAUREL — Washington Suburban Sanitary Commission officials say they are proposing a 7.5 percent fee increase to water and sewer fees. The agency serves about 1.8 million residents in Montgomery […]
Rawlings-Blake donates pay raise to youth program
Mayor Stephanie Rawlings-Blake says she will direct her automatic pay raise this year to the city’s Youth Works summer jobs program. The mayor’s office announced Monday that she will donate […]
Social Security recipients to get 3.6 percent more
WASHINGTON — Some 55 million Social Security recipients will get a 3.6 percent increase in benefits next year, their first raise since 2009, the government announced Wednesday. The increase, which […]
Maryland pension panel makes final recommendations
ANNAPOLIS — A state commission voted Thursday to seek an attorney general’s opinion on whether Maryland law would allow the state to reduce cost-of-living adjustments for retirees. The Public Employees’ […]
Frederick schools announce labor deals
FREDERICK — The Frederick County school board is announcing tentative contract agreements with its teachers, staff and administrators. The board said Tuesday the deals still must be ratified by members […]
