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 […]

Maryland sheds 8,500 jobs in June, unemployment rate increases

BALTIMORE, MD—Maryland’s workforce decreased by 8,500 total jobs in June 2025, led by a net loss of 2,900 jobs in the public sector, according to new estimates released Friday by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS). This 2,900 overall public sector decrease includes an estimated decrease of 3,500 federal government jobs, based on data reported to […]

Gas prices creep up as oil markets tighten

BALTIMORE, MD—For the first time in three weeks, the national average price of gasoline has risen, increasing 2.0 cents over the past week to $3.11 per gallon, according to GasBuddy data compiled from more than 12 million individual price reports. Diesel prices also saw an uptick, climbing 3.2 cents to $3.676 per gallon. Despite the recent increase, the national average […]

Maryland unveils first Business Ready Sites grants to spur economic growth

ANNAPOLIS, MD—Maryland Governor Wes Moore has announced the first round of grant awards for the Maryland Business Ready Sites Program, a new initiative aimed at accelerating the development of “shovel-ready” sites to attract and retain businesses across the state. The program, established by the governor’s economic competitiveness executive order, is designed to spur private sector investment and create jobs by […]