Economy

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Economist: 2018 Minimum Wage Of $10.10 Will Be Worth $9.25

An economic analyst says timetable changes made to Maryland’s minimum wage increase bill will mean $875 a year less in a full-time worker’s yearly earnings, compared to Gov. Martin O’Malley’s original plan.

04/18/2014

Maryland Gov. Martin O'Malley. (Photo by MANDEL NGAN/AFP/Getty Images)

Gubernatorial Candidates Clash on Economic Policy

All three Democratic candidates in the governor’s race agree Maryland’s economic policies need work, but they disagree sharply about how much.

04/17/2014

About 1,500 people seeking employment wait in line to enter a job fair at the Arena Stage at the Mead Center for American Theater on March 28, 2014 in Washington, D.C. (credit: Chip Somodevilla/Getty Images)

Urban League: Underemployment Rate For African-American Workers Is 20.5 Percent

While unemployment has been a major impediment to African-Americans’ economic progress, underemployment is a bigger obstacle for them than it is for whites or Hispanics, the National Urban League says in its latest State of Black America report.

04/03/2014

President Barack Obama speaks about his proposal to raise the federal minimum wage at the University of Michigan on April 2, 2014 in Ann Arbor, Mich. (credit: Joshua Lott/Getty Images)

Obama: Republicans’ Economic Plan Is Like The Movie ‘Groundhog Day’

Pressing his economic case in an election year, President Barack Obama came to Michigan on Wednesday to praise the state’s ongoing effort to raise the minimum wage — and to accuse Republicans who oppose that step in Michigan and in Congress of standing in the way of prosperity for millions of Americans.

04/03/2014

President Barack Obama touted this week’s announcement that 7.1 million American signed up for coverage through his signature health care law, and he blasted critics for continued efforts to assault the Affordable Care Act, declaring: “The debate over repealing this law is over. The Affordable Care Act is here to stay.”   (credit: JIM LO SCALZO-Pool/Getty Images)

President Obama: Women Still Face Outdated Policies At Work

President Barack Obama says the economy hasn’t caught up to the new reality that women now make up about half of the workforce.

03/22/2014

(Photo by Chip Somodevilla/Getty Images)

National Parks in D.C. Area Called $929 Million Boon

The National Park Service says visitors to parks in and around the nation’s capital spent nearly $929 million in surrounding communities in 2012.

03/04/2014

Warren Buffett, chairman and CEO of Berkshire Hathaway and Co-Chairman of Goldman Sachs 10,000 Small Businesses Program, answers questions at a press conference at which Detroit was named the 11th city to be included in the $500 million Goldman Sachs initiative at Ford Field on Nov. 26, 2013 in Detroit, Mich. (credit: Bill Pugliano/Getty Images)

Buffett: Investors Shouldn’t Sell Stocks Over Russia’s Invasion Of Ukraine

Investor Warren Buffett says the economy continues the steady improvement that began in fall of 2009 and he remains optimistic despite Russia’s advance into Ukraine.

03/03/2014

File photo of Ben Bernanke. (credit: SAUL LOEB/AFP/Getty Images)

‘I Want People To Understand What We Knew': Former Fed Chair Bernanke Writing Memoir

Ben Bernanke, who stepped down last month after eight years as chairman of the Federal Reserve, is planning a memoir.

02/24/2014

Poll: Unemployment Now Number One National Problem

For the first time since October, Americans no longer think politicians are the biggest national problem.

02/19/2014

credit: JEWEL SAMAD/AFP/Getty Images

Obama Touts Fuel-Efficient Trucks in Prince George’s County

Drawing a link between reduced fuel consumption and climate change, President Barack Obama said Tuesday that his administration will issue tougher fuel-efficiency standards for delivery trucks by March 2016.

02/18/2014

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