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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 109-120
  • Federal Reserve sets limits on debit card swipe fees, leaving merchants and banks unhappy

    Federal Reserve sets limits on debit card swipe fees, leaving merchants and banks unhappy
    You might not have paid attention to the fierce yearlong battle between merchants and banks over debit cards, but you'll likely notice last week's outcome in your wallet. The dispute was over the debit card interchange fee — the payment merchants...
  • GMAC dropping 250 Maryland foreclosure cases

    GMAC Mortgage said Tuesday it is dropping about 250 Maryland foreclosure cases that were apparently "robo-signed," giving homeowners a second chance to save their properties — and raising the possibility that other lenders might follow suit. The...
  • Federal Reserve reveals new interchange fees and everyone is unhappy

    The Federal Reserve released its final rule on interchange fees for debit cards, the fee that merchants pay banks for processing the transaction. The Wall Street reform law required that the Fed make sure the fee was “reasonable and proportional&...
  • Geithner said to consider departure from Treasury

    Treasury Secretary Timothy F. Geithner has signaled to White House officials that he's considering leaving the administration after President Barack Obama reaches an agreement with Congress to raise the federal debt limit, according to three people...
  • Made (once again) in America

    Made (once again) in America
    When NovaSom Inc. was looking to produce its sleep apnea diagnostic kits, the Glen Burnie-based company didn't look to factories in Asia or Mexico. Instead, it found a manufacturer right off the Beltway in Woodlawn. NovaSom chose Zentech Manufacturing...
  • Mr. Obama, you're no Ronald Reagan

    Mr. Obama, you're no Ronald Reagan
    5.1, 9.3, 8.1, 8.5, 8, 7.1 and 3.9. While that might sound like a controversial series of Olympic curling scores, these numbers in fact add up to a grave problem for PresidentBarack Obama. They are the quarterly percentage gains in gross domestic...
  • Setting the record straight on Ron Paul

    In response to the recent letter written by Elizabeth Fixsen ("Paul is anti-war — but otherwise extremist," Jan. 5), I suggest that Ms. Fixsen check her facts. She states that Ron Paul is anti-abortion. The fact is Mr. Paul, a physician, does not...
  • 100 things we love about Baltimore -- Printable list

    100 things we love about Baltimore -- Printable list
    A moody tavern. An extraordinary cocktail. The easy lapping of bay water against the banks of the Inner Harbor. Duckpin lanes. Old Bay. Art in an otherwise empty storefront. For all of these things, and for so many more, people love Baltimore. People feel...
  • Employers add more jobs than forecast in July

    American employers added more jobs than forecast in July and wages climbed. Payrolls rose by 117,000 workers after a 46,000 increase in June that was larger than earlier estimated, the Labor Department said Friday. The median estimate in a Bloomberg News...
  • Consumer and business confidence seen as key to weathering economic storm

    Consumer and business confidence seen as key to weathering economic storm
    Bettie Dunkin was surprisingly unfazed by the financial turmoil of the last few days. The 53-year-old accountant, who had been out of work for months and only recently landed a temporary job, spoke for many Americans when she said: "We're getting numb."...
  • Eastern Shore bank ordered to find buyer or merge

    Federal banking regulators have ordered an Eastern Shore bank to take measures to establish adequate capital levels, which could include finding a buyer, merging with another institution or selling shares, among other options. The Bank of the Eastern...
  • Rachel Marsden on Waiting for a European Santa Claus

    Rachel Marsden on Waiting for a European Santa Claus
    While your co-workers hover around the water cooler debating whether it matters if Mitt Romney bullied some kid in his youth, a formerly First World nation called Greece is teetering on the brink of bankruptcy. Why, you might ask, should Middle America...