Last month’s budget gap helped push the US government’s budget deficit up 39% to $544 billion for the first five months of the fiscal year as federal spending ballooned and revenue mostly stayed the same.
The administration’s forecast hinges on an expectation that it will manage to implement further tax cuts, incentives for infrastructure improvements, new labor policies and scaled-back regulations — programs that are unlikely to gain favor with the Democratic-led House that would need to approve most of them.
WASHINGTON (AP) — A look at one of Stacey Abrams’ statements from her response to President Donald Trump’s State of the Union address on Tuesday night and how it compares with the facts: ABRAMS: “The…
The effects of the longest government shutdown in history went beyond the area’s 145,000 federal employees and more than 100,000 federal contractors who missed their paychecks during the shutdown.
No matter which way the stock market goes in 2019 — and Wall Street has ample arguments for either direction — expect it to be another gut-wrenching ride.
The unemployment rate in the D.C. area held steady in October and rose slightly in Baltimore and how that compares to other big cities.
Compared to the people who have had their lives knocked around by either Hurricane Harvey or Irma and possibly Jose, the least Americans can do is pay a little more at the gas pump and not complain. Still, if you’re often living paycheck to paycheck, you can be forgiven for wondering how the active hurricane season will affect prices around the country. Here are some educated guesses.
May brought some good news for the unemployment rates in Maryland and Virginia, but D.C. joins three states that saw a rise in unemployment last month.
Nationwide, the unemployment rate fell to 4.4 percent in April, but jobless rates rose slightly in both Maryland and the District.
The federal government has long been an anchor of jobs in the region. Now facing steep cuts proposed by the Trump administration, could an overreliance on Uncle Sam’s checkbook end up sinking D.C.?
D.C. apartments aren’t cheap to rent. But how does the District’s rental market compare to other global cities? London-based real estate firm Nested crunched the numbers.
Food giant Nestle USA announced on Wednesday that it will move its corporate headquarters to Rosslyn, occupying the region’s tallest office building and bringing hundreds of high-paying jobs to the area.
The D.C. region’s job market has under-performed in recent years and and isn’t creating the right kinds of jobs to make up for shrinking federal spending or to keep the economy humming, according to a new report from an economist at George Mason University.
The top 10 “unusual” economic indicators that some superstitious market watchers have been using for years.
Virginia Gov. Terry McAuliffe will join District of Columbia Mayor Muriel Bowser and Maryland Gov. Larry Hogan next month to discuss economic issues impacting the Mid-Atlantic region.
Recreating the District in video game form was no small task. Here's how the developers did it.