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Things to watch when interest rates go up 05/02/2023 08:00pm • The Federal Reserve raised interest rates seven times in 2022 and twice -- so far -- in 2023, with the most recent increase of 0.25% occurring in March 2023. Its aim is to cool inflation, which is near its highest levels since the '80s. In a recent Reuters poll, economists predicted only one more Group of shoplifters empty shelves at 2 CVS stores in Northwest DC 05/01/2023 11:39pm • It was a scary moment for shoppers in two CVS pharmacies in upper Northwest D.C. when a group of shoplifters brazenly emptied shelves before leaving in a stolen car on Sunday. The first happened at the CVS on Connecticut Avenue, near the intersection with Nebraska Avenue. The second occurred appr The Top 10 Largest Private Equity Firms in the World 05/01/2023 08:00pm • 2022 was a rough year for many public market investors. Major stock indexes fell sharply, with most ending the year in bear market territory. Fixed income didn't do much better, as bonds slumped amid a serious bout of inflation. Although stocks have recovered some ground in the early months of 2023, 8 Biggest U.S. Credit Card Companies This Year 05/01/2023 08:00pm • The card you use for purchases matters. Although all cards work similarly at the point of sale, the types of cards you carry and the card issuers can greatly affect your experience. Will That Be Credit or Debit?The latest research shows that debit has outpaced credit as consumers' preferred payment Summer road trips might not cost you nearly as much as they did last year 05/01/2023 03:41pm • If you are heading out for a summer road trip, you probably won’t pay nearly as much for gas as you did last year. On Monday, the average gas price per gallon for the D.C. region was around $3.57 per gallon -- 85 cents less than the same time in 2022. Gas prices are typically at their peak in Ma Will lunch out become more expensive? Tipped minimum wage increases in DC 05/01/2023 01:31pm • You may be paying a little more for that pasta primavera or bacon cheeseburger at your favorite lunch spot in D.C. The first step of Initiative 82, which raises the tipped minimum wage for servers and bartenders, went into effect Monday, and many city restaurants say your bill will be a little heft Maryland-based potato chip brand My Dad's Chips gets big distribution deal 05/01/2023 12:30pm • Gary and Brian Edell with a package of "My Dad's Chips," which has recently signed its largest distribution deal to date. (Courtesy My Dad's Chips) Gaithersburg, Maryland-based small batch potato chip maker My Dad's Chips has signed its largest distribution deal to date. The deal with Rainfor Megatrends: Investing in the New Space Race 04/30/2023 08:00pm • The space industry holds virtually unlimited possibilities. In space, humans could finally move beyond Earth and become a multi-planetary species. In addition to the tremendous achievement it would be to settle on the moon or Mars, there are many real tangible impacts that would make life better for 7 Top Passport Wallets (That Also Hold Vaccine Cards) 04/30/2023 08:00pm • For the organized traveler, a wallet that's able to keep your passport and other documents safe in one place is a must-have for breezy international travel. Passport holders come in varying sizes and with security features such as RFID-blocking technology or zippers. No matter what type of passport Types of Savings Accounts 04/30/2023 08:00pm • Since the early 1800s, Americans have been depositing money in dedicated savings accounts. Now, of course, savers in the U.S. enjoy a number of options for storing money -- everything from a traditional savings account and a certificate of deposit to a money market account. Here's an overview of the 10 Retirement Lifestyles Worth Trying 04/30/2023 08:00pm • Retirees finally have the freedom to choose how to spend their time. While some people want to relax after a lengthy and stressful career, others are ready to move on to the next adventure. Many people will cycle through periods of leisure and creation at various points in their retirement. While yo 13 high school graduation gift ideas 04/30/2023 08:00pm • Gifts for graduates With the school year winding down, many families are preparing to celebrate the graduation of their high school seniors. Whether the student is college-bound, taking a gap year or entering the workforce, mark this milestone with a thoughtful or practical graduation gift. Here Montgomery Co. resources to help you avoid 'being ripped off' at the car mechanic 04/30/2023 04:33pm • Summer is ahead, and for many, so are long road trips. Last summer, 97% of vacations were taken by car, according to AAA. These long road trips take a toll on vehicles — which end up in the mechanic's shop sooner or later. In Montgomery County, officials are reminding drivers to look out for DC bookworms get to indulge during Independent Bookstore Day 04/29/2023 01:02pm • Book lovers will need to exercise some "shelf" control this Saturday as local independent bookstores celebrate their own holiday. The 10th annual Independent Bookstore Day has people cracking some spines and getting out with a bookstore "crawl" between Big Planet Comics on U Street in D.C. around How Schools Serve Homeless Students 04/27/2023 08:00pm • Homeless families are often invisible in the communities where they live, though more than 50,000 families with children experienced homelessness last year and over 1 million school-age children were identified as homeless in 2020, according to the National Center for Homeless Education. The homeles