Sign In
Free Newsletter
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.
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.
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.
Existing home sales hit nine-month low in March
Existing home sales fell to a nine-month low in March amid tight inventory and growing concerns over the labor market.
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 gains 4,500 jobs in January
Based on new employment data released by the Bureau of Labor Statistics, Maryland has experienced moderate job growth.
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.
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.
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.
Drivers face long-term pain at pump as gas prices soar, analysts say
Traders and industry analysts see signs that pump prices will stay painfully high long after any diplomatic breakthrough in the Iran conflict.
Trump orders agencies to cut red tape on homebuilding, mortgages
President Donald Trump signed two executive orders aimed at improving housing affordability as the White House moves to address a key voter concern.
