WASHINGTON—The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, marking the central bank’s first rate cut since December 2024 and signaling a shift toward easier monetary policy amid concerns over a softening labor market. In an 11-1 vote, the Federal Open Market Committee reduced the target range for the federal funds rate […]
WASHINGTON, DC—The FBI is issuing a public warning about a significant increase in “ramp-and-dump” stock manipulation schemes targeting U.S. investors through social media platforms and messaging applications. The agency reports a 300% surge in victim complaints related to this type of fraud in 2025 compared to last year. These sophisticated schemes often lure investors into what appear to be legitimate […]
BALTIMORE, MD—After coronavirus fears led to a stock market free-fall last week, the Federal Reserve is taking action. Here in Maryland, new reports suggest that up to seven residents are now being tested for COVID-19. Six people have died from coronavirus in Washington state and at least 100 others are sick. The Maryland Department of Health now reports that 7 […]