Business

State comptroller promotes local business owners

Holiday season is upon us. This means more shopping. CNS-TV’s Lauren Moses tell us how the state comptroller is urging residents to put their money back into their communities as the holiday season approaches.

“Flower Man” has blossoming business on Annapolis street

It’s a rainy day but that never stops one man from working on the job. In fact, his business is blossoming. Dana Alexa has his story.

Consumer Financial Protection Bureau holds stance against added payday borrower protections

WASHINGTON – The Consumer Financial Protection Bureau has not budged on its June decision cutting additional protections.  “There was insufficient evidence and legal support for these requirements,” CFPB Director Kathleen Kraninger wrote in a Sep. 23 letter to Rep. Maxine…

Railroad’s rusting Potomac River span facing overhaul – and maybe more

WASHINGTON – Of the eight bridges connecting the nation’s capital to northern Virginia across the Potomac River, only one is a railroad bridge. And that one stands out for its, shall we say, reddish tint. But plans are moving forward…

Bad news for gig workers: A crowded labor market is depressing income, census data shows

COLLEGE PARK, Maryland – The “gig” economy has increased employment opportunities for thousands of Maryland residents, including high-skilled and low-skilled workers. But as the number of people jumping into gig work grows, the competition for jobs means smaller paychecks for…

Gig workers to clients: ‘Freelancing isn’t free work’

COLLEGE PARK, Maryland – Advocates for workers in the gig economy often argue that the lack of benefits, especially health care, is the biggest obstacle for this growing workforce. While benefits are a major concern, a greater problem is this:…

Housing prices soar in Takoma Park, leaving residents unhappy with options

TAKOMA PARK, Md. – The most recent Takoma Park survey of residents showed that the majority are satisfied with their overall quality of life but share concerns about the availability of quality affordable housing in the area. In the 2018…

National Cherry Blossom Festival generates over $100 million for DC

WASHINGTON – The National Cherry Blossom Festival, a weeks-long cultural extravaganza that heralds the arrival of springtime in Washington, generated between $100 million to $160 million in economic activity for the city, organizers estimate — following a winter season marred…

Baltimore businesses brace for possible Preakness move

BALTIMORE – After nearly 150 years of calling Baltimore home, the Preakness Stakes could be leaving the city in 2021, a move that would take one of the area’s biggest party days of the year – and a lot of…