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Port of Baltimore generated $65B in 2025, to add grain facility
The Port of Baltimore generated over $65 billion in 2025, with automobiles and light trucks contributing nearly $20 billion amid recovery from the Francis Scott Key Bridge collapse.
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.
Samsung Biologics opens facility in Montgomery County
Samsung Biologics celebrated the opening of its first United States manufacturing facility with a ribbon-cutting ceremony in Rockville.
MD tax incentive programs supported 24K jobs in FY2025, report finds
Maryland's tax incentive programs supported about 24,000 jobs in fiscal year 2025, investing $434 million in private capital statewide, a report found.
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.
After slashing federal jobs, Trump administration ramps up hiring
A year after Elon Musk and his Department of Government Efficiency allies purged hundreds of thousands of federal employees, the Trump administration is ramping up hiring.
Judge voids Voice of America job cuts made by Kari Lake
A federal judge ruled that Kari Lake's leadership of the U.S. Agency for Global Media for much of last year violated federal law, invalidating a sweeping series of cuts.
Economy unexpectedly loses jobs, unemployment rises in February
The U.S. economy unexpectedly shed jobs in February and the unemployment rate increased to 4.4%, potentially hinting at a deterioration in labor market condition.
Restaurants emerge as bright spot for job growth as consumers seek treats
Upbeat sales made the U.S. restaurant industry a rare bright spot for jobs, with restaurant payrolls ticking up 1% in 2025.
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.
Layoffs up, hiring down as Amazon cuts reverberate through economy
Job cuts and other changes at Amazon rippled through the economy, as thousands of corporate employees learned they will lose their jobs.
