News
Mortgage rates at 3.5-year low; Is that a game changer for home buyers?
2+ hour, 26+ min ago (724+ words) (TNND) " Mortgage rates have dropped below 6% for the first time in three and a half years, according to Freddie Mac. That has the potential to spur sales in what's been a stagnant housing market, with the busy spring buying season…...
US economy slows at end of 2025 amid shutdown, softer spending
1+ week, 5+ hour ago (530+ words) President Donald Trump holds a press conference after the Supreme Court decided he does not have legal authority to impose tariffs. WASHINGTON (TNND) " The U.S. economy slowed at the end of 2025 as growth was weighed down by the record-length government shutdown…...
Cooling inflation faces test with stubborn costs lingering
1+ week, 3+ day ago (724+ words) January marked a productive start in the effort to bring down inflation, which is now stretching into a sixth year above the Federal Reserve's 2% target. Prices rose 2.4% annually, the slowest annual increase since last May. The "core" measure that removes…...
Inflation slows to 2.4% in January, giving consumers some much-needed relief
2+ week, 5+ hour ago (757+ words) WASHINGTON (TNND) " The pace of inflation slowed in January with lower costs at the pump and for used vehicles, giving stressed consumers some relief after years of elevated price increases. Inflation fell to 2.4% in January from the same time last…...
Small businesses expecting better sales but still weighed down by high uncertainty
2+ week, 2+ day ago (334+ words) (TNND) " Small business optimism has remained essentially flat over the last several months, with high uncertainty weighing on owners despite reports of better business health and expectations of higher sales. The National Federation of Independent Business' January optimism index, released…...
National debt nears $39 trillion as budget watchdogs warn of economic risks
2+ week, 4+ day ago (445+ words) WASHINGTON (TNND) " The U.S. national debt is on track to reach nearly $39 trillion by mid-April, according to a new congressional report that underscores growing concerns about federal spending and the long-term consequences of mounting deficits. Data released by congressional Republicans shows…...
American manufacturing expansion hasn't yet unlocked lots of new jobs
3+ week, 3+ day ago (404+ words) (TNND) " A new survey of purchasing and supply executives nationwide shows economic activity in the manufacturing sector expanded in January for the first time in a year. The Institute for Supply Management's monthly report, the Manufacturing PMI, registered 52.6% in January,…...
Amid high winter bills, BGE responds to concerns about affordability and spending
3+ week, 3+ day ago (416+ words) by JESSICA BABB | FOX45 News BALTIMORE (WBFF) " With the frigid temperatures and concern about rising energy bills, while supply costs play a big role, so do BGE's distribution rates. ALSO READ | Marylanders continue to voice outrage over rising energy bills "How…...
With factory jobs falling, are tariffs working to reshore manufacturing?
1+ mon, 1+ week ago (669+ words) President Donald Trump celebrates the 2025 Stanley Cup Champions, the Florida Panthers. (TNND) " American manufacturing has lost 68,000 jobs over the last year, with 2025 ending on an eight-month slide, according to Bureau of Labor Statistics data. And surveys from the Institute for…...
Small businesses in 'comfortable position' heading into 2026: NFIB
1+ mon, 1+ week ago (457+ words) (TNND) " Small businesses ended 2025 with slightly more optimism and less uncertainty than in recent months, which could bode well for their outlook in 2026. The National Federation of Independent Business" December optimism index, released Tuesday, registered a 99.5. That"s only a…...