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Tag Archives: Economy

Richmond Fed president: Uncertainty, the unknown are biggest economic risks

In this Oct. 24, 2017, photo, an employee wears his laboratory coat at his workstation at Lord Corporation, a manufacturer of industrial coatings, adhesives, bearings, and sensing equipment for range of commercial markets, including United States military contracts in Erie, Pa. Without white collar jobs, it becomes increasingly difficult for places to reinvent themselves at a moment when the global economy has prized brains over brawn. What can start as factory layoffs has snowballed into companies shifting their executive headquarters to cities with better airports, not just cheaper costs of doing business. (AP Photo/John Minchillo)

The biggest threats to the economy could be uncertainty and the unexpected, the president of the Federal Reserve Bank of Richmond told Maryland bankers Friday. Businesses just want to know the rules and that would be the best thing for ...

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Ports America Chesapeake continues to see growth

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With the expansion of the Panama Canal in 2016 that allowed larger ships to use the shipping channel, the Helen Delich Bentley Port of Baltimore has seen a 14 percent increase in containers moving through Baltimore. Ports America Chesapeake, LLC ...

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Survey: US businesses added solid 177,000 jobs in April

FILE - In this April 3, 2017, file photo, Alexandra Kaldis Venzke, owner of Sultana's Daughter, works in her shop in Houston. On Wednesday, May 3, 2017, payroll processor ADP reports how many jobs private employers added in April. (Brett Coomer/Houston Chronicle via AP, File)

WASHINGTON — U.S. businesses added 177,000 jobs last month, a private survey found, a solid gain that suggests the economy is still expanding despite recent signs of slower growth. April’s hiring is down from a revised 255,000 in the previous ...

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M&T survey: Small-business owners cautiously optimistic about economy

With the presidential inauguration just days away, small-business owners are more optimistic about the economy than they were before the election, reported a new business economic outlook survey by M&T Bank released Tuesday. About 40 percent of small businesses surveyed ...

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US adds a strong 242,000 jobs; rate holds at low 4.9 pct.

FILE - In this Thursday, Oct. 1, 2015, file photo, a "Help Wanted" sign hangs in a store window in New York. U.S. employers added a robust 242,000 workers in February 2016 as retailers, restaurants and health care providers drove another solid month for the resilient American job market. The Labor Department says the unemployment rate held steady at 4.9 percent. (AP Photo/Mark Lennihan, File)

WASHINGTON — U.S. employers added a robust 242,000 workers in February as retailers, restaurants and health care providers drove another solid month for the resilient American job market. The unemployment rate held steady at a low 4.9 percent. The Labor ...

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