Business

With student loan debt at an all-time high, some students worry about post-grad life with loans

Student loan debt has reached an all-time high of $1.48 trillion as of June 2019, and is expected to increase, according to the Federal Reserve Bank of New York. Roughly 81% of this debt is composed of federal direct loans,…

After Trump hotel subpoena, House panel OKs bill seeking audits of federal property

WASHINGTON – Following a House subpoena last month for documents regarding President Donald Trump’s lease for his Washington hotel, the House Transportation and Infrastructure Committee on Wednesday approved a bill that would require the General Services Administration to audit all federal…

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…