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MD-based Marriott raises annual room revenue growth forecast
Bethesda-based hotel operator Marriott International raised its full-year forecast for room revenue growth.
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.
Lockheed Martin Q1 profit falls as production delays weigh
Maryland-based Lockheed Martin reported a lower first-quarter profit, as high costs on fixed-price contracts and production slowdowns undercut its ability to cash in on soaring demand.
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.
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.
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.
Low layoffs anchoring labor market; Iran war poses threat to stability
Filings for unemployment fell last week, suggesting labor market conditions remained stable even after the economy shed jobs in February.
Consumer inflation steady before Iran conflict drives up oil prices
U.S. consumer prices picked up in February as the cost of gasoline increased in anticipation of an escalating war in the Middle East.
Government shutdown weighs on economic growth in Q4
U.S. economic growth slowed in the fourth quarter with government spending posting its biggest decline since 1972 because of last year's shutdown.
Consumer prices rise less than expected in January
U.S. consumer prices increased less than expected in January, but underlying inflation firmed as businesses raised prices.
US job growth accelerates in January, unemployment rate falls to 4.3%
U.S. job growth accelerated in January and the unemployment rate fell to 4.3%, signs of labor market stability.
