MD federal contractor layoffs increase as Trump slashes federal spending

Maryland federal contractor layoffs continue rising as the Trump administration slashes federal agency budgets.

Maryland Daily Record
Mortgage applications dropped last week as rates shot up

Mortgage applications for refinancing and purchases dropped last week after rates rose 20 basis points, reflecting market turbulence from President Trump's...

Yahoo Finance
2 #BOC: “ … how much this spills over into #businessinvestment, #employment and #household #spending; how much and how quickly cost increases are passed on to #consumerprices; and how #inflation expectations evolve.” #cdnecon
Bluesky

Bluesky Social
Economy will likely slow to near-standstill or recession despite Trump tariff pause: Survey

Forecasters say the economy will nearly stall or slip into recession over Trump's tariffs. Some say his 90-day pause doesn't change their outlook.

USA TODAY
US Dollar: Stagflation Fears, Trade Uncertainty to Keep Bearish Momentum Intact | Investing.com

Market Analysis by covering: Euro US Dollar, US Dollar Japanese Yen, US Dollar Swiss Franc, US Dollar Index Futures. Read 's Market Analysis on Investing.com

Investing.com
Consumer sentiment craters further as inflation expectations soar to highest since 1981

Inflation expectations soared in early April as consumers digested President Trump's April 2nd tariff announcement.

Yahoo Finance
73% of Americans are financially stressed. Two-thirds say tariff concerns are the source: CNBC survey

A new CNBC survey finds Americans are financially stressed, with a majority concerned tariffs will hurt their finances, and 34% have made investment changes.

CNBC
City of Richmond spent nearly half a million dollars on gift cards in 3 years
Richmond previously said that gift cards cost taxpayers $32,800 in 2022, $71,550 in and $71,300 in 2024.
#finance #government #spending #Richmond #Politics #Governmentspending
https://globalnews.ca/news/11125613/richmond-spending-gift-cards/
City of Richmond spent nearly half a million dollars on gift cards in 3 years

Richmond previously said that gift cards cost taxpayers $32,800 in 2022, $71,550 in and $71,300 in 2024.

Global News