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News
Wall Street week ahead: inflation, retail sales updates
4+ hour, 27+ min ago (239+ words) WEATHER ALERT: Severe thunderstorms, damaging winds, hail possible in DC area over next few hours August 8, 2026, 1:50 PM The reports help give investors and economists a better sense of where prices are moving on a wide range of goods and services,…...
US job market stalled in July as employers cut 23,000 jobs, delivering political setback to Trump
1+ day, 1+ hour ago (859+ words) August 7, 2026, 3:54 PM Employers cut 23,000 jobs in July. And Labor Department revisions slashed 103,000 jobs from May and June payrolls. The unemployment rate fell but for the wrong reason: Thousands of people dropped out of the labor market so fewer people were…...
Inside the Psychology of Overspending and How to Stop
1+ week, 16+ hour ago (973+ words) July 29, 2026, 8:00 PM Making ends meet has become a challenge for many Americans, especially those living paycheck to paycheck. In one study by Self Financial, 39% of people in that situation said they usually end the month with less than $50, while around…...
Bank of England keeps key rate at 3.75% for the fifth time this year
1+ week, 2+ day ago (430+ words) July 30, 2026, 8:40 AM The bank’s monetary policy committee voted 6-3 to keep the rate at 3.75%, in line with the expectations of most economists. Policymakers have kept the rate at that level since December after four rate cuts in 2025. “The impact of the…...
US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low
1+ week, 2+ day ago (441+ words) July 30, 2026, 12:47 PM U.S. filings for jobless aid in the week ending July 25 rose by 9,000 to 197,000, the Labor Department reported Thursday. The previous week’s figure was revised up by 1,000 to 188,000 but remains the lowest in more than 50 years. Analysts surveyed by the…...
The average rate on a 30-year mortgage hits the highest level in a year, Freddie Mac says, after climbing to 6.66%
1+ week, 2+ day ago (53+ words) MCLEAN, Va. (AP) — The average rate on a 30-year mortgage hits the highest level in a year, Freddie Mac says, after climbing to 6.66%. The average rate on a 30-year mortgage hits the highest level in a year, Freddie Mac says,…...
Between prices and a diarrhea-causing parasite, lettuce is causing hard times at some restaurants
1+ week, 2+ day ago (625+ words) LOCAL UPDATE: 1 tornado confirmed in Anne Arundel County during Tuesday's storms July 30, 2026, 1:13 AM It’s been a choppy year for restaurants that lean into lettuce. Lettuce prices rose sharply in the first half of 2026 due to hot weather in Arizona, where…...
Fed leaves interest rate unchanged but with 3 dissents as Warsh praises ‘good family fight’
1+ week, 3+ day ago (671+ words) July 29, 2026, 5:18 PM The Fed’s rate-setting committee reached its decision after two days of deliberations, marking the fifth straight meeting at which the benchmark rate was kept at around 3.6%. Some economists and Wall Street analysts had predicted the Fed would hike…...
America In Focus: New tariffs, soaring gas, mortgages and a down week for Wall Street
2+ week, 8+ hour ago (815+ words) LOCAL SPOTLIGHT: This Maryland woman was selected by McDonald’s to attend FIFA World Cup final July 25, 2026, 10:11 AM The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to…...
Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years
2+ week, 12+ hour ago (1835+ words) July 25, 2026, 5:15 AM What’s for dinner? Lately, at Apral Jack’s house, it’s whatever is on sale. Jack scouts an app for deals at her local supermarket before she buys groceries. When she reaches the store, she grabs the weekly circular to…...