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February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion
The US labor market fell short of expectations in February, adding to growing economic uncertainty from trade disputes, a hiring slowdown, and ongoing federal job cuts.
The nation's economy added 151,000 jobs in February, according to data from the Bureau of Labor Statistics released on Friday, Mar. 7. That number was lower than the Dow Jones consensus forecast of 170,000, CNBC reported.
Job growth lagged behind the 12-month average of 168,000, signaling a labor market slowdown. Healthcare led with 52,000 new positions, followed by financial activities (+21,000), transpo…
Teen Burglars Released Following Multi-Month Maryland Theft Spree: Police
Two of the three teenagers accused of terrorizing Bethesda neighborhoods with a months-long burglary and auto theft spree are already back on the streets after their arrests, Montgomery County authorities said.
Casey Jones, 19, of Bethesda; Caleb Taylor, 19, of Rockville; and Arden Gormley, 18, of an unknown address, were taken into custody after allegedly breaking into a home on Massachusetts Avenue and stealing property and a vehicle, according to Montgomery County Police.
Investigators say the trio is responsible for a burglary wave stretching from April to December 2024, targeting homes…
Trump Halts Mexico Tariffs Amid Rising Trade Tensions, Domestic Economic Fears
President Donald Trump is reversing course on tariffs against Mexico, stepping back from a trade war he started with the nation's southern neighbor.
In a Thursday, Mar. 6 post on his social media platform Truth Social, Trump said he struck a deal with Mexican President Claudia Sheinbaum to delay tariffs on goods covered by the United States-Mexico-Canada Agreement (USMCA).
The pause will be in effect until Tuesday, Apr. 2.
"I did this as an accommodation, and out of respect for, President Sheinbaum," Trump posted. "Our relationship has been a very good one, and we are working hard, to…