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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…
US Layoffs Surge To 2020 Levels As Economic Turmoil Grows: Study
Layoffs are sweeping across the country at a pace not seen in years, hitting government workers, retail employees, and tech professionals the hardest, according to a new study.
US employers announced 172,017 layoffs in February, the highest total since the height of the COVID-19 pandemic in July 2020, according to a report released by outplacement firm Challenger, Gray & Christmas on Thursday, Mar. 6. Last month's cuts were 245 percent higher than January and more than double the job losses from February 2024.
February marked a dramatic spike in job losses, as businesses and federal age…
Iconic DiPasquale’s Sign Stolen In Maryland Returned After Overnight Mystery
A Baltimore restaurant’s iconic sign was stolen in a pre-dawn heist—then mysteriously returned a day later, leaving both locals and owners stunned.
The DiPasquale’s sign, which had been hanging outside FORNO, the restaurant’s newest concept, vanished around 4:45 a.m. on Thursday, Feb. 27, according to an Instagram post from the family-owned business.
"From the videos we watched, it seemed planned," the post read.
The restaurant, which has been serving Baltimore since 1914, asked residents on Gough Street to check their cameras for any footage that might help track down the culprit.
Accord…
