Economy

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.

Van Hollen, Beyer propose surtax on millionaires

WASHINGTON – The richest 1% of Americans control more wealth than the entire middle class combined, according to the Brookings Institution – a striking sign of income inequality that has accelerated since the Great Recession. A bill introduced last week…

Knox Road in College Park, Maryland has some of the most popular eateries on the University of Maryland campus. But Tuesday night’s College Park Council meeting opened the door for a private developer to build apartments in their place. CNS-TV’s Will Pitts reports.

Md. Revenue Estimates board updates tax projections

The Maryland Board of Revenue Estimates voted unanimously Thursday to increase the state’s projected revenues for the current fiscal year by just under $130 million, but cautioned that the uptick “is not indicative of long-term economic growth.”

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:…

Biased landlords ignore disability rights, uphold segregation, activists say

WASHINGTON — Disability, race, gender, mental illness, and criminal history are used by landlords against low-income renters to deny access to public housing. That’s according to Lydia Brown, a fellow with Washington’s Judge David L. Bazelon Center for Mental Health…

Sarbanes calls insulin-pricing system “hocus pocus”

WASHINGTON – Maryland Democratic Rep. John Sarbanes on Wednesday criticized insulin producers for their lack of transparency in setting prices. “I do not buy the argument that the patient is going to be worse off, the consumer is going to…

Success, failure, mourning at close of Md. General Assembly

It was a bittersweet and busy day for Maryland legislators as they pushed to get their bills through both House and Senate chambers on Sine Die, the final day of the General Assembly on Monday.