News
Maryland Labor Dept. missed chance to recover $760 million in overpaid unemployment, audit says
10+ hour, 9+ min ago (687+ words) Danielle J. Brown, Maryland Matters January 10, 2026, 1:56 PM Maryland overpaid $807.4 million in unemployment benefits since the COVID-19 pandemic and missed the opportunity to recover $760 million of that amount because it took too long do to so, state auditors said. "That is quite…...
Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk
12+ hour, 34+ min ago (553+ words) January 10, 2026, 11:30 AM Trump was not clear in his social media post Friday night whether a cap might take effect through executive action or legislation, though one Republican senator said he had spoken with the president and would work on a…...
Sluggish hiring closes out a frustrating year for job seekers though unemployment slips to 4.4%
1+ day, 9+ hour ago (1087+ words) LOCAL UPDATE: Arrest made in death of DC police officer struck by car January 9, 2026, 2:54 PM Employers added just 50,000 jobs last month, nearly unchanged from a downwardly revised figure of 56,000 in November, the Labor Department said Friday. The unemployment rate slipped…...
UN forecasts global economic growth of 2.7% this year, down slightly from 2025
2+ day, 9+ hour ago (519+ words) JUST IN: Federal immigration officers shoot and wound 2 people in Portland, Oregon, authorities say January 8, 2026, 7:29 PM U.N. economists predicted that growth would edge up to 2.9% in 2027. That's still well below the average 3.2% growth between 2010 and 2019, before the COVID-19 pandemic hurt economies…...
Last year’s odd economy in five charts, and what to watch for in 2026
6+ day, 20+ hour ago (900+ words) January 4, 2026, 8:29 AM Last year's odd outcomes raise a host of questions for the upcoming year: Will a growing economy eventually boost the sluggish job market? Or are last year's weak job gains a sign of a stumbling economy that could…...
Shares are higher in Asia in an upbeat start to the new year
1+ week, 2+ day ago (533+ words) January 1, 2026, 11:45 PM Hong Kong's Hang Seng jumped 2.2% to 26,189.79 on a strong rally in tech shares. E-commerce giant Alibaba climbed 3.2% and search engine and technology company Baidu jumped 7.5% after it said it plans to spin off its artificial intelligence computer chip…...
Bulgaria is joining the euro. Here’s what it means for consumers and businesses
1+ week, 2+ day ago (894+ words) January 1, 2026, 5:03 AM On New Year's Day, Bulgaria will achieve its decades-old goal of joining the euro currency union and deepening ties with the more prosperous countries of Western Europe. Membership is expected to promote cross-border trade and investment, and the…...
US stocks rose again in 2025 after overcoming turbulence from tariffs and Trump’s fight with the Fed
1+ week, 2+ day ago (1105+ words) January 1, 2026, 9:00 AM It was scary because the U.S. stock market plunged to several historic drops on worries about everything from President Donald Trump's tariffs to interest rates to a possible bubble in artificial-intelligence technology. In the end, though, it was a…...
World shares are mixed in the final stretch of 2025
1+ week, 4+ day ago (545+ words) TRAFFIC ALERT: In DC, follow police direction on I-395/3rd Street Tunnel NB between Southwest Freeway and New York Avenue due to truck fire WEATHER ALERT: Wind advisory until noon Tuesday as northwest winds will gust up to 40 mph December 30, 2025, 4:04 AM Crude…...
Budgeting for 2026: Do’s, don’ts and lessons from a financially tough year
1+ week, 5+ day ago (550+ words) December 29, 2025, 5:14 PM Budgets aren't just for businesses and governments " families need them too. But in 2025, keeping one was no easy task. From furloughs to inflation, many personal budgets were pushed to the brink, Harrine Freeman, CEO of H.E. Freeman Enterprises, told…...