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Showing
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Taking selfies, Sri Lankans converge on presidential palace
07/11/2022 01:24pm • COLOMBO, Sri Lanka (AP) — Hundreds of Sri Lankans jostled Monday to use the vast array of exercise machines in the private gym of the presidential palace, lifting weights and running on treadmills inside a facility that was, until now, the exclusive domain of the country's beleaguered president.
Md. attorney general warns 'buy now, pay later' plans can rack up debt
07/11/2022 06:29am • Attorney General Brian Frosh is warning Marylanders that a "buy now, pay later" mentality created by installment plans can rack up debt and cause other financial problems over time. Installment plans, which often offer little to no interest payments, can allow consumers to buy products that they
President and PM: 2 men at heart of Sri Lankan crisis
07/10/2022 08:40pm • NEW DELHI (AP) — As Sri Lanka's crisis peaked this weekend, two men in the center of the turmoil brought about by the country's economic collapse promised they would heed the call of tens of thousands of angry protesters and resign. One is President Gotabaya Rajapaksa, the last of six members of
Sri Lanka opposition meets to name new gov't amid turmoil
07/10/2022 08:33pm • COLOMBO, Sri Lanka (AP) — Sri Lanka’s opposition parties met Sunday to agree on a new government a day after the president and prime minister offered to resign following the most dramatic day of monthslong turmoil, with protesters storming the leaders’ homes in rage over an economic crisis. Pr
7 Undervalued Stocks to Buy Now
07/10/2022 08:00pm • These stocks could have serious upside potential.The S&P 500 just finished its worst first half of any year since 1970. Fortunately for investors, the broad market weakness has created some compelling value opportunities. Persistently high inflation and concerns about a potential U.S. recession
Mortgage Rates Tumble Amid Recession Unease
07/10/2022 08:00pm • During a season when homebuying activity is typically in full swing, the summer housing market is stifled by an affordability crisis. A two-and-a-half-point surge in mortgage rates throughout the first half of the year, paired with rapid home price growth, drove average housing payments to record hi
Erling Haaland welcomed by Man City fans, pledges goals, fun
07/10/2022 04:08pm • MANCHESTER, England (AP) — Erling Haaland joined in the singing and chanting by Manchester City fans as the new signing was presented outside the stadium of the Premier League champions on Sunday. It is a month since the Norway striker completed his move to City from Borussia Dortmund for 60 milli
Bank earnings could be ugly: Here's what to look for
07/10/2022 07:15am • Earnings season is upon us once again! It's just like the holiday season except instead of presents and sweets we get financial results and conference calls. Big bank earnings will mark the unofficial beginning of the second quarter earnings period when they report next week, starting with JPMorg
Trone
loans
campaign $10M as new FEC reports give glimpses into Md. congressional races
07/09/2022 11:49pm • This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. As he prepares for a tough general election against a yet-to-be-determined opponent, U.S. Rep. David Trone (D-Md.), whose entire political
Sri Lanka president, PM to resign after tumultuous protests
07/09/2022 11:44pm • COLOMBO, Sri Lanka (AP) — Sri Lanka’s president and prime minister agreed to resign Saturday after the country’s most chaotic day in months of political turmoil, with protesters storming both officials’ homes and setting fire to one of the buildings in a rage over the nation's severe economi
Wes Moore leads Md. Democratic governor candidates in fundraising; Schulz tops Cox in Republican contest
07/09/2022 11:39pm • This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. Democrat Wes Moore led gubernatorial candidates in fundraising during the waning weeks of the 2022 campaign. Between June 8 and July 3,
EXPLAINER: Why Sri Lanka's economy collapsed and what's next
07/09/2022 08:32pm • COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister said late last month that the island nation’s debt-laden economy had “collapsed” as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seeking hel
Gas lines and scuffles: Sri Lanka faces humanitarian crisis
07/09/2022 02:45pm • COLOMBO, Sri Lanka (AP) — Chamila Nilanthi is tired of all the waiting. The 47-year-old mother of two spent three days lining up to get kerosene in the Sri Lankan town of Gampaha, northeast of the capital, Colombo. Two weeks earlier she spent three days in a queue for cooking gas — but came home
Fairfax Co. man sentenced to nearly 3 years in prison for COVID-19 loan fraud
07/09/2022 11:41am • A Fairfax County, Virginia, man was sentenced to almost three years in prison for his role in a $3 million COVID-19 loan fraud conspiracy. Foad "David" Darakhshan, 47, was sentenced to 33 months in prison for his part in the conspiracy that involved submitting at least 63 fraudulent loan applicat
Montgomery County programs offer homebuyers down payment help
07/09/2022 01:00am • Everything costs more, from food to gas to home
loans
. But first-time homebuyers struggling to come up with a down payment can apply for help in Montgomery County, Maryland. Two programs, the Montgomery Homeownership Program and the Montgomery County Homeownership Assistance Fund, are each gettin
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