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Inflation eased in May with prices rising less than expected
Key report on consumer prices comes ahead of interest-rate decision by the Federal Reserve in the afternoon.
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Key report on consumer prices comes ahead of interest-rate decision by the Federal Reserve in the afternoon.
The hotter-than-expected inflation reading could cause the Federal Reserve to delay interest rate cuts, analysts said.
Discount grocery giant Aldi expects to build more stores in the Midwest, Northeast and select U.S. cities
Consumer prices in January rose 3.1% from a year earlier, higher than economists had forecast, as food and housing costs jumped.
Upticks signal a longer wait for rate cuts as the Federal Reserve's war against inflation isn't won just yet.
Despite uptick in prices, Wall Street analysts still expect inflation to continue easing over the coming months.
The Consumer Price Index rose at an annual rate of 3%, the Labor Department said on Wednesday.
Cookout costs will vary, but Americans hitting the road are about to save $2.6 billion on gas this holiday weekend over last year.
Even so, the latest "report contains plenty of pain, especially for lower-income Americans," said one economist.
Inflation rose at a 6.4% annual rate last month, driven by rising prices for housing and gasoline.
Inflation is at an all-time high just in time for the holidays.
The debate over who and when to tip is back in the spotlight and reigniting discussion on when to include gratuity, thanks to popular technology.
The central bank said it is boosting rates by 0.75 percentage point. Expect to pay more for credit card debt and loans.
Back-to-school spending in total is expected to match the record high set in 2021: $37 billion.
Consumer prices rose 8.5% over the past 12 months, marking a slowdown but still painfully high for millions of Americans.
The economists, who serve together as the Business Cycle Dating Committee, are hand-selected by and work under the umbrella of the National Bureau of Economic Research (NBER), a private nonprofit organization.
With Maryland's July primary election just a few weeks out, three Democratic candidates for the state's highest elected office are running neck and neck, according to the results of a new poll.
Researchers say Black families will suffer the worst effects of rising inflation because they lag behind their White counterparts in income, wealth, financial savings and home ownership.
Top Biden administration officials will be dispatched across the country this week to reassure Americans that combating inflation remains a top priority for the White House as prices soar and economic concerns mount, a White House official tells CNN.
High prices at gas stations may be pushing people toward gas rewards programs.
Some pet owners are struggling to keep up with costs as high inflation is hitting their wallets hard, and some of them are having to give up their pets.
Consumers don't receive the full benefit of gas tax holidays, according to a recent analysis by the nonpartisan Penn Wharton Budget Model, which looked at suspensions in three states through mid-May.
United Way of Central Maryland says their helpline call volume is up as more and more families struggle to afford everyday needs.
If you've been working from home and returning to the office, you'll notice the cost of your favorite lunch items going up while some companies are quietly shrinking the sizes of your favorite food products.
With U.S. inflation at a more than 40-year high, some Baltimore consumers are adapting to rising prices.
Maryland leaders are urgently pressing Congress to fully fund a new Key Bridge.
Organizations have rallied to support south Baltimore residents reeling from the 2023 mass shooting during the annual Brooklyn Day Block Party.
A Baltimore City school teacher was arrested for sexually assaulting a minor, according to Baltimore County Police.
Comfortable weather sticks around through Tuesday...humidity and storms return for the 4th.
A Baltimore family is getting more than $170,000 from the city as part of a settlement stemming from an alleged 2019 assault at a school.
BWI Thurgood Marshall Airport visitors and travelers are now paying more to park.
Maryland raked in more than $14 million in taxes from marijuana sales within the first three months alone this year.
Comfortable weather sticks around through Tuesday...humidity and storms return for the 4th.
Maryland leaders are urgently pressing Congress to fully fund a new Key Bridge.
Wesley Lyons, the suspect accused of shooting a man during a child's birthday party at Harford Mall, will remain in custody after being denied bail on Monday.
A new law in Maryland makes it easier for adults to order alcohol for delivery from the comfort of their homes.
Communities large and small are hosting festivities and Baltimore, a city rich with American history, is celebrating the Fourth of July in style.
The task of finding affordable childcare can be overwhelming for many parents, forcing some to make tough decisions about their budgets and even their jobs.
Six years have passed since Rebecca Smith, Wendi Winters, Rob Hiaasen, Gerald Fischman and John McNamara were killed during an attack on the Capital Gazette newspaper office in Annapolis.
Two Baltimore Police employees were recommended to be fired and 10 others disciplined after an internal investigation into its response to the deadly 2023 Brooklyn Day mass shooting uncovered policy and misconduct violations.
Meghan's picks include "Queenie," "Hip Hop is History," and "Summer is Here."
Baltimore Magazine's Crab Fest will be at the B&O Railroad Museum on July 20, and tickets are selling fast
Join Bilal for a special July 4th edition of Jazzy Summer Nights. After his performance stay for a fireworks show and the sounds of DJ Jay Claxton and the Bearded Drummer.
Pappas stops by on TV Hill for this week's Food Truck Friday
Team Fishnet (Ferhat, Keyia, and Uswa) joins us in studio to talk about their experience on the show and some of the challenges they faced in the competition.
Baltimore Orioles' Gunnar Henderson struck out four times and had his on-base streak end at 36 games in their 11-2 loss against the Texas Rangers on Sunday at Camden Yards.
Baltimore Orioles slugger Gunnar Henderson has entered the Major League Baseball All-Star Home Run Derby.
Corbin Burnes scattered nine hits over seven innings, rookie Heston Kjerstad homered and drove in three runs and the Baltimore Orioles pummeled the struggling Texas Rangers 11-2 on Thursday night.
The Baltimore Orioles have six finalists who could start in next month's Major League Baseball All-Star Game in Arlington, Texas.
The lawsuit against the NFL covered 2.4 million residential subscribers and 48,000 businesses who paid for the "Sunday Ticket" package of out-of-market games.
The Supreme Court on Monday ruled that former President Donald Trump is entitled to immunity from federal prosecution for official actions he took while in office.
"Joe Biden is not going to take himself out of this race – nor should he," Maryland Gov. Wes Moore said Sunday.
The Supreme Court narrowed the Justice Department's use of a federal obstruction statute leveled against scores of people who breached the Capitol on Jan. 6, 2021.
The 6-3 decision from the court in the case known as City of Grants Pass v. Johnson is its most significant involving homelessness in decades.
President Biden and former President Donald Trump squared off for the first presidential debate of the election season. Watch highlights and key moments here.
Morgan State University's Magnificent Marching Machine will appear on the world stage Friday, performing in Normandy, France on the 80th Anniversary and Commemoration of D-Day.
The theme of the race is "Monuments and Masterpieces." As usual, some parking restrictions and lane closures will be in place Saturday to accommodate the whacky race.
When it comes to vintage style, art and innovation—Baltimore is home to it all.
The University of Maryland Medical Center was granted the American Nurses Credentialing Center's (ANCC) Magnet for the fourth time in a row.
Magali Uroza comes from a Mexican immigrant family and remembers the challenges of learning English while growing up in Baltimore.
Neighbors in one west Baltimore neighborhood are figuring out what to do for groceries, due to the Giant Food location in Edmondson Village closing next month.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
The U.S. Drug Enforcement Administration is asking to move marijuana to Schedule III, alongside ketamine and some anabolic steroids
The Maryland Food Bank is on pace to distribute more than 52 million pounds of food, which is a 20 percent jump in comparison to pre-COVID times.
It has long been a popular resource in the community, easily accessible to many college students and neighbors.
Primanti Bros. on Tuesday announced plans to expand to the Baltimore region this spring.
CVS is closing dozens of pharmacies inside Target stores in 2024 as the store and other retail pharmacy chains face increasing difficulties.
The wildly popular chicken finger joint opened its doors Tuesday at the Snowden River Shopping Center.
The council passed the "Bring Your Own Bag Act" with a bipartisan vote in February.
Baltimore is one of 31 designees announced Monday, picked from nearly 400 applicants.
"We can serve payers very effectively from the footprint that remains," CEO Tim Wentworth says of the coming Walgreens closures.
The advisory issued by Dr. Vivek Murthy came as the U.S. grappled with another summer weekend marked by deadly mass shootings.
Health regulators says consumers should avoid eating shellfish from two states because they may contain paralytic toxins.
Recall involves Wegmans Italian Classics Uncured Pepperoni sold at regional grocery chain's stores in eight states.
Feds probe potential link between a salmonella-tainted cucumber sample and an 25-state outbreak that has sickened 162.
Communities large and small are hosting festivities and Baltimore, a city rich with American history, is celebrating the Fourth of July in style.
Here's a list of 4th of July Fireworks shows in the Baltimore region this year.
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In 1999, a series about a New Jersey crime family premiered on HBO; it would change television. Series creator David Chase, and stars Edie Falco, Steven Van Zandt, Michael Imperioli and Steve Schirripa, discuss the personal and cultural impact of "The Sopranos."
WJZ legend Denise Koch will receive the 2024 Board of Governors Award on Saturday at the 66th Capital Emmy Awards ceremony in Maryland.
Comfortable temps Tuesday in Maryland before humidity increase
Comfy weather ahead of stormy and humid Independence Day
A sunny, breezy Maryland Monday
Maryland storm possibilities continue through evening
Sunshine, a gusty northerly breeze, and low humidity. Highs will top out in the lower 80s.
New Maryland laws in effect, and more top news
Comfortable temps Tuesday in Maryland before humidity increase
Travelers will now see higher parking rates at BWI Airport
Where does Maryland stand one year after legalization of recreational marijuana?
Baltimore City school teacher arrested for sexually assaulting minor