Federal Reserve cuts interest rates by 0.25 percentage points amid weaker labor market
The Federal Reserve on Wednesday cut interest rates by 0.25 percentage points amid a weaker labor market.
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The Federal Reserve on Wednesday cut interest rates by 0.25 percentage points amid a weaker labor market.
The Federal Reserve is scheduled to meet Wednesday and economists are predicting new rate cuts.
After raising rates from zero to 5% in 15 months, the central bank is pausing to assess the economic impact of monetary tightening.
The central bank on Wednesday said it is increasing rates by 0.75 percentage point, its sixth boost this year.
The central bank said it is boosting rates by 0.75 percentage point. Expect to pay more for credit card debt and loans.
The 30-year fixed-rate mortgage averaged 5.27% in the week ending May 5, up from 5.10% the week before. It is the highest since 2009 and well above the 2.96% average from this time last year.
U.S. employers advertised the most open jobs in nine months in April but pulled back on filling them, a sign of caution that may reflect concerns about tepid economic growth.
A man from Bangladesh is under arrest, accused of trying to detonate a 1,000-lb. car bomb in the middle of Manhattan. He told undercover Federal Bureau of Investigation (FBI) agents, he wanted to destroy America. WJZ learns he also considered a strike right here in Baltimore.
A Bangladeshi man who came to the United States to wage jihad was arrested in an elaborate FBI sting on Wednesday after attempting to blow up a fake car bomb outside the Federal Reserve building in Manhattan, authorities said.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
The first accumulating snow of the season is winding down. Leftover snow showers and slick spots continue.
The body of a Maryland boater was found nearly three weeks after he was reported missing in the Chesapeake Bay, according to the State Department of Natural Resources (DNR) Police.
Baltimore launched an initiative aimed at supporting minors and young families at risk of experiencing homelessness.
The Baltimore Police Department (BPD) updated how historical homicides are reported to follow the FBI's National Incident-Based Reporting System (NIBRS), officials said.
Some school districts in the Baltimore area are delayed on Friday, Dec. 5, as winter weather brings snow to Maryland.
The body of a Maryland boater was found nearly three weeks after he was reported missing in the Chesapeake Bay, according to the State Department of Natural Resources (DNR) Police.
Snow showers and light snow will leave a coating of snow from the Baltimore metro and points south Friday
Baltimore launched an initiative aimed at supporting minors and young families at risk of experiencing homelessness.
The Maryland Department of Public Safety and Correctional Services (MDPSCS) says it is fixing a heating system issue in the Youth Detention Center in Baltimore City.
The Baltimore Police Department (BPD) updated how historical homicides are reported to follow the FBI's National Incident-Based Reporting System (NIBRS), officials said.
The Ravens said they "clearly made an error" and won't appeal the ruling.
A Howard County Police officer responded to a call last weekend that really got his goat.
Chilly night ahead with some frost possible west of I-95. Warmer weather returns this weekend.
Storm threat continues Thursday with high heat added to the mix too during the afternoon.
Drought conditions in Maryland have improved after several rounds of wet weather in May.
WJZ visits Krampus Haunted House at East Point Mall in Baltimore.
Boumi Shriners held their third annual FEZtival of Trees in Baltimore.
Black Barn Alpacas in Maryland will host "Fleece" Navidad in Finksburg.
WJZ is at BLK Swan in Baltimore to learn about the return of their Jazz Brunch event.
Martin's West in Maryland has the secret to the best Thanksgiving mac and cheese.
Lamar Jackson and Aaron Rodgers — six MVPs between them — have remarkably never faced each other. It's finally happening this weekend.
The Baltimore Ravens extended tight end Mark Andrews' contract by three more years, the team announced on Wednesday.
Reliever Ryan Helsley and the Baltimore Orioles finalized a $28 million, two-year contract on Monday, a deal that includes a player option for 2027.
Joe Burrow threw two touchdown passes, and the Bengals snapped Baltimore's five-game winning streak with a 32-14 win over the fumble-prone Ravens.
Olympic Gold medalist and Maryland native Quincy Wilson has committed to the University of Maryland's Track and Field Program, Head Coach Andrew Valmon announced.
Authorities say the FBI has arrested a man suspected of placing pipe bombs outside RNC and DNC headquarters on the eve of the Jan. 6, 2021, Capitol riot.
The Trump administration on Friday directed officials to pause all asylum decisions in the wake of the shooting of two National Guard soldiers in Washington, D.C.
"Any document signed" by Biden with an autopen "is hereby terminated," President Trump said.
A National Guard member died in the wake of the shooting near the White House, President Trump said.
Federal immigration authorities said Wednesday they have paused processing requests from Afghan nationals, after a man from Afghanistan was identified as the suspect in the D.C. National Guard shooting.
After a loved one became a victim of sexual assault, a Maryland family is on a mission to prevent it among teens.
Over 400 future star chefs took over Baltimore on Saturday for a National Culinary Cook-off.
Chopped Broadway Bodega & Deli is making its mark as the first Black- and women-owned bodega in Fells Point, bringing the unmistakable flavors of a classic New York bodega to Baltimore.
'I Believe in Me Girls' held its fifth annual workshop on Saturday to empower young women while introducing them to a variety of career opportunities in the creative industry.
Every Saturday morning inside St. John's United Methodist Church of Charles Village, AHF's Food for Health Pantry provides free groceries for the community.
Senator Kagan said this bill will limit what she calls "bait and switch" and price gouging.
The Maryland Department of Emergency Management increased the State Activation Level from Normal to Partial on Friday morning in response to a Microsoft outage that has paralyzed systems worldwide.
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 company voluntarily issued the recall on September 23.
The Baltimore Tech Hub, one of 31 federal "Tech Hubs" designated last year, was skipped for a cut of $504 million in the first round of funding for the program.
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 company voluntarily issued the recall on September 23.
With open enrollment starting soon, employees could get sticker shock, with their costs expected to rise 6% to 7% for 2026, a new study says.
After WJZ shed light on a rat infestation plaguing one Towson community, Baltimore County officials say they are now taking action.
Recalled supplemental shakes were distributed to hospitals and long-term care facilities nationwide, federal officials say.
Small slivers of smoke can still be seen from the fire at the Owl Metals Recycling Facility Friday afternoon.
A Maryland ticket broker is accused of illegally purchasing and reselling hundreds of thousands of tickets for profit, including thousands to Taylor Swift's highly-sought Eras Tour.
Paramount Global and Skydance Media agreed to merge last year.
CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday.
Grammy-winning R&B stars Brandy and Monica announced their 24-city arena tour on "CBS Mornings."
The AFRAM Festival in Baltimore is a celebration of African American culture, a music experience and a foodie paradise.
The first accumulating snow of the season is winding down. Leftover snow showers and slick spots continue.
Parts of Maryland saw light snow and accumulation on Friday morning. Cold temperatures are expected to return to the region next week.
WJZ-TV meteorologist Steve Sosna has your latest weather forecast.
Snow, frigid temperatures on Friday in Maryland
Temperatures tumbling, snow possible in Maryland
The Chesapeake and Delaware Canal in Maryland was created for Baltimore merchants in need of a shortcut between the Chesapeake Bay and the Delaware River. Irish immigrants used shovels and picks to dig the 14-mile canal mostly by hand. It opened on Oct. 17, 1829, and became known as the sailors' highway. Nearly 200 years later, the canal is responsible for about 40% of Baltimore’s shipping traffic.
Phones may get pricier in 2026 due to a boom in artificial intelligence.
Questions were raised about the legality of air strikes after a new attack on an alleged drug boat.
The body of missing Maryland boater Lonnie Johnson was found near Taylors Island nearly three weeks after he was reported missing, according to the Department of Natural Resources Police.
A Florida man was arrested in Maryland after telling a BWI Airport employee that he had an explosive device, according to Maryland Transportation Authority Police. The incident prompted a lockdown at one of the terminals.