Maryland Business

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Eye On Annapolis

Franchot Wants Answers on Unemployment Issues in Maryland

Comptroller Peter Franchot hosted the third meeting of the Comptroller’s Workgroup on Pandemic Spending, demanding answers about the state’s troubled unemployment insurance system that has thwarted tens of thousands of Marylanders from getting the financial assistance they are owed. The state Department of Labor, which handles unemployment insurance, has paid...
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Alaska, Kansas, Maryland, and Other States With The Worst Retirement Prospects in 2021

Alaska, Kansas, Maryland, and Other States With The Worst Retirement Prospects in 2021. Choosing a state to spend one’s retirement years in is a difficult task, especially when finances, health, weather, proximity to family, and other aspects are all taken into account. To determine the best and worst places for...
Maryland StateWBOC

Md. Offshore Wind Developer Announces Expansion Plans

(AP/WBOC)- A Maryland offshore wind developer announced plans on Tuesday to expand on a wind turbine project off the coast of Ocean City and create a new steel production facility to make offshore wind foundations. At a press conference held with Gov. Larry Hogan, US Wind announced plans to expand...
Maryland Statemarylandmatters.org

Opinion: Maryland Needs a Housing Governor

Maryland is in the midst of a housing crisis. According to statistics compiled by Maryland Realtors, the average sale price of a home in Maryland has increased 19% between 2020 and 2021. The National Equity Atlas estimates that there are approximately 99,000 Maryland families behind on rent with an estimated rent debt per household of $4,100.
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Maryland StatePosted by
The Baltimore Sun

Maryland’s only Black-owned and -managed commercial bank became a go-to resource during the pandemic

As the COVID-19 pandemic began to rattle businesses nationwide and the federal government launched its Paycheck Protection Program, businesses in Maryland and beyond struggled to process their applications. The PPP program was launched in April 2020, but some businesses said their applications were delayed — in part because they could not find banks that accepted applications, and many banks ...
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Maryland StateWashington Post

Luxury condos, prime suburban Md. location

Chevy Chase Lake, a multiuse development in Montgomery County, Md., is about luxury living on a large scale, with plans for 86,500 square feet of retail and 531 high-end residential units. It’s all happening just off Connecticut Avenue about two miles north of Chevy Chase Circle at the D.C. city line.
Maryland Statestardem.com

Maryland celebrates Farmers Market Week

ANNAPOLIS — Gov. Larry Hogan has declared Aug. 1-7 as Maryland Farmers Market Week, recognizing the 105 farmers markets across the state that have continued to provide citizens with access to fresh, local produce and other Maryland-made items. There are popular farmers markets throughout the Eastern Shore including Easton, Cambridge,...
Maryland StatePosted by
Maryland Reporter

Here’s How the Average Maryland Retirement Income Stacks Up to the Nation

Everyone’s path to retirement looks a little different. Whether you started saving early or waited until you were more financially stable, whether you have a dream retirement location destination in mind or just want to settle down where you are, and whether you have a roadmap of what life will look like beyond your job or not, there’s no right or wrong way to reach retirement.
Maryland Statefoxbaltimore.com

National truck driver shortage impacting Maryland businesses, economy

BALTIMORE (WBFF) - As consumers relied more on online shopping and deliveries during the pandemic, the uptick in e-commerce put a strain on an already understaffed transportation industry. “Certainly we know as a result of the pandemic many more goods are being delivered instead of people going out and purchasing...