News
Poll: Anxiety high on economy
3+ hour, 9+ min ago (548+ words) The UMBC Poll finds a third of those surveyed name the cost of living as the most important issue facing Maryland. Taxes and energy costs also rank high. The poll also finds many Marylanders say they are worried about the…...
This is how much your groceries went up in February
2+ week, 5+ day ago (242+ words) The latest Bureau of Labor Statistics (BLS) report shows consumer prices held steady at a 2.4% annual pace in February from the same time last year. This matches the 2.4% pace reported in the previous month. Food prices rose 3.1% annually in February,…...
Retail sales fall modestly in January as American consumers pull back on spending
3+ week, 3+ day ago (337+ words) American consumers pulled back their spending to start 2026, extending the malaise in retail sales that began late last year. Retail sales fell 0.2% in January following a flat reading in December. January's figure came in below the forecasts of economists, who…...
World shares are mixed following Wall Street’s losses, as oil continues to climb
3+ week, 3+ day ago (486+ words) U.S. futures fell as the war with Iran entered its seventh day, with Israeli airstrikes pounding the capitals of Iran and Lebanon. The future for the S&P 500 dropped 0.3% while that for the Dow Jones Industrial Average was down 0.2%. In early…...
How the Iran conflict could affect your wallet
3+ week, 6+ day ago (286+ words) Americans are already beginning to feel the financial impact of military action in Iran " starting with higher prices at the gas pump. But higher oil prices don't stop there. When it costs more to fuel trucks, ships and planes, those…...
Marylander cleared from owing $2K due to unsolicited unemployment overpayment
1+ mon, 3+ week ago (502+ words) A Maryland man hopes he's off the hook years after the state told him he owed more than $2,100 due to an overpayment of unemployment benefits he never claimed. Wayne Butscher, an employee at the Biotechnical Institute of Maryland,reached out…...
Why are mortgage rates at their lowest level since 2024?
2+ mon, 4+ week ago (581+ words) (NEW YORK) " Mortgage rates this week'fell'to their lowest level in 15 months, easing borrowing costs for homebuyers eager for a thaw in the housing market in 2026. The average interest rate on a 30-year fixed mortgage stands at 6.15%, plummeting from a level…...
Budget office expects Federal Reserve to cut rates in 2026
2+ mon, 3+ week ago (346+ words) The Federal Reserve is expected to cut short-term rates in 2026, with its key interest rate settling at 3.4% towards the end of President Donald Trump "s term in office in 2028, according to a new report released Thursday by the nonpartisan Congressional…...
What’s driving the rollercoaster in gold and silver prices?
3+ mon, 8+ hour ago (656+ words) (NEW YORK) " Silver prices on Monday suffered their largest single-day drop in almost five years, before rebounding nearly 8% in midday trading on Tuesday. Some other precious metals, including gold, rode a similar rollercoaster. Bumpiness in recent days owes in part…...
Trump’s choice of Warsh to lead Fed could reshape the world’s most influential central bank
2+ mon, 15+ hour ago (1094+ words) Warsh, if approved by the Senate, will be under close scrutiny from financial markets and Congress given his appointment by a president who has loudly demanded much lower rates than many economists think are justified by economic conditions. Whether he…...