Gas prices rise amid Great Lakes refinery snag

BALTIMORE, MD—For the first time in three weeks, the national average price of gasoline has risen, increasing 3.4 cents to $3.12 per gallon, according to a GasBuddy report released Monday. The increase comes after storms temporarily knocked the largest refinery in the Midwest offline, causing prices to jump sharply in Ohio (+32.5¢), Wisconsin (+23.5¢), and Michigan (+19.8¢). “The national average […]

Maryland adds 900 private sector jobs in July, unemployment rate increases

BALTIMORE, MD—Maryland’s workforce saw an increase of 11,700 jobs in July, with gains in the private sector and a significant boost in the public sector, according to new data from the U.S. Department of Labor’s Bureau of Labor Statistics. The state’s private sector added 900 jobs for the month, while the public sector grew by 10,800 jobs. The public sector […]

Gas prices drop, follow oil prices lower

BALTIMORE, MD—The national average price of gasoline has fallen for the first time in three weeks, decreasing by 2.7 cents per gallon to an average of $3.08, according to GasBuddy data. This decline follows a drop in oil prices, which dipped below $64 per barrel. The current national average is 7.0 cents lower than a month ago and 32.3 cents […]

PayPal rolls out cryptocurrency payments for merchants, citing cost savings and global reach

SAN JOSE, CA—PayPal announced Monday the launch of “Pay with Crypto,” a new service aimed at enabling merchants to accept cryptocurrency payments and significantly reduce transaction fees for cross-border commerce. The company stated the initiative seeks to simplify international transactions and connect businesses to the growing digital currency market. The new service facilitates instant conversion of cryptocurrencies to stablecoin or […]