| Jul 12, 2012
| 6:24 PM
About 1,000 Baltimore-area residents are expected to receive thousands of dollars each under a landmark $175 million settlement between the U.S. Department of Justice and Wells Fargo over accusations of discriminatory lending practices.
Under the terms...
| Jul 29, 2012
Borrowers overwhelmed by private student loan debt often discover an ugly truth too late — these loans can't be discharged in bankruptcy like other types of consumer loans.
A new report on private student loans by the Consumer Financial...
| Apr 23, 2012
| 8:14 AM
By several measures, metropolitan Baltimore's economy is doing better than fine.
In 2010, median household income was nearly $15,000 higher than the national average, and during the last decade, real incomes grew even as they shrank nationally. Metro...
| Oct 14, 2012
Wall Street might have turned its back on Democrats this election, but that's not the case among Maryland investment firms.
The vast majority of contributions to candidates by T. Rowe Price employees went to Democrats. And Democrats were the...
| Jan 10, 2012
| 1:01 PM
Baltimore Gas & Electric has upgraded its website and customer interface software. As often happens in these matters, not all seems to be going smoothly. I've heard from several customers who are having problems with the site. Says one:
"Have you tried...
| Jan 27, 2011
| 6:41 PM
Arriving in Baltimore for college in 2004 from her native New York City, Vienna DeGiacomo assumed she would quickly head back north after graduating from Goucher College.
But nearly three years after receiving her English degree, DeGiacomo, 24, is...
| Jul 13, 2011
| 7:19 AM
Thank cost-cutting for this change to the U.S. savings bond program:
Starting next year, you won’t be able to buy paper savings bonds at banks and other financial institutions. Getting rid of this paper work is expected to save taxpayers more than...
| Sep 18, 2011
| 3:01 PM
On the day last week that Bank of America announced sweeping cost-cuts, including the elimination of 30,000 jobs, executives at BlueRidge Bank celebrated a milestone for the three-year-old financial company.
The Frederick-based community bank opened a...
| Dec 7, 2011
| 6:45 AM
With each passing day, I regret more and more having voted for President Obama. One can't judge a book by its cover, nor can one judge a politician by his speeches, no matter how articulate.
In August, Mr. Obama told the Justice Department to ignore...
| Oct 10, 2011
| 4:57 PM
Ken Rose is a Bank of America customer, but he has also done business for years with Destinations Credit Union in Parkville. Now, with the bank's announcement that it will charge many debit-card users a $5 monthly fee, the Edmondson Village resident...
| Oct 16, 2011
The first reports of big banks instituting new fees for using debit cards and for certain checking accounts really riled customers. Clifford Rossi, a professor at the Robert H. Smith School of Business at the University of Maryland, is well suited to...
| Dec 23, 2011
| 5:28 PM
Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...