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Tag Archives: income

Former D.C. Council chairman pleads guilty to 2 charges

WASHINGTON — The former chairman of the District of Columbia Council pleaded guilty Friday to lying about his income on bank loan applications, the latest blow to a city government rocked by scandal. Kwame Brown also admitted to a misdemeanor ...

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Consumer spending up 0.3 percent in April

WASHINGTON — Consumer spending edged up modestly in April but personal income growth was the slowest in five months, raising concerns about the ability of Americans to keep spending in the future. Consumer spending increased 0.3 percent in April following ...

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Hiring slows sharply in April, just 115K jobs added

WASHINGTON — U.S. employers pulled back on hiring in April for the second straight month, evidence of an economy still growing only sluggishly. The unemployment rate dipped, but only because more people gave up looking for work. The Labor Department ...

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Consumer spending slowed in March, income rose

WASHINGTON — Americans increased their spending more slowly in March, suggesting some are worried that their paychecks aren’t growing fast enough. The Commerce Department said Monday that consumer spending increased just 0.3 percent last month after a 0.9 percent gain ...

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Report: Area needs more ‘quality jobs’ (access required)

Economic development in the Baltimore metropolitan area needs to focus on creating “quality jobs” and cultivating a skilled workforce, areas that have been lacking, a report released Thursday said. The report by the Washington, D.C.-based Brookings Institution said that faster ...

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Under Armour reports increase in revenue, income (access required)

Under Armour Inc. saw revenue increase by more than 20 percent for the eighth consecutive quarter, the company reported Friday. First-quarter revenue rose 23 percent, to $384 million, from $313 million in the corresponding quarter last year. The quarter’s net ...

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