| Nov 23, 2013
| 12:36 PM
Raymond Joseph Peroutka Sr., who founded a janitorial supply business, died at Johns Hopkins Hospital on Nov. 17 of complications after heart surgery. A resident of Oak Crest Village in Parkville, he was 83.
Born in Baltimore and raised on South Glover...
| Nov 22, 2013
| 10:00 AM
Peter Morici may be an effective "pitch man" for office equipment company Kyocera in their TV commercials, but as a world-respected economist? Not so much. Mr. Morici is the type of economist who has accurately predicted nine of the last two recessions....
| Nov 27, 2013
| 12:12 PM
Edward Hall Covell Jr., a leader in Maryland's broiler industry who owned a farm supply business and was named to the Poultry Hall of Fame, died of pneumonia Friday at the Blakehurst retirement community in Towson. The longtime Talbot County resident...
| Nov 30, 2013
| 5:00 AM
If I have a 20-dollar bill in my pocket, I can buy drugs or donate it to charity.
How is Bitcoin any different? ("Bitcoin and international crime," Nov. 26.)
Oh, wait. I know. The people who daily debase your currency (the Federal Reserve) send out...
| Sep 22, 2013
The excited voices on CNBC radio riveted financial adviser John Bacci's attention as he drove to Chestertown five years ago for a routine client visit.
The stock market was in freefall that Sept. 29 after Congress rejected a $700 billion rescue of the...
| Apr 24, 2013
Four years into a so-called recovery, and we're still below recession levels in every important respect except the stock market.
A measly 88,000 jobs were created in March, and total employment remains some 3 million below its pre-recession level....
| Jul 17, 2013
Toronto residents and their Baltimore cousins are fighting heat. (Ours is worse, but they have less cooling infrastructure to fight it.) A cartoonist/runner, meanwhile, is fighting what he calls "The Blerch." And Tour de France riders are fighting for the...
| Jul 19, 2013
| 4:32 PM
Investors for years have poured money into bonds despite the low yields, viewing them as low-risk and reliable. The trend has been so dominant that some experts have warned of a so-called "safety bubble."
But after the Federal Reserve indicated that...
| Jul 31, 2013
| 3:40 PM
President Barack Obama has appointed Sarah Bloom Raskin, a former top Maryland financial regulator, as deputy secretary of the U.S. Treasury Department, the White House announced late Wednesday.
Raskin, 52, has served as a governor of the Federal...
| Aug 5, 2013
| 4:56 PM
Patapsco Bancorp Inc. announced Monday that Phil Phillips has been named president and CEO of the Dundalk-based bank holding company.
Phillips, who had been executive vice president, replaces Michael J. Dee, who resigned from the positions he had held...
| Aug 7, 2013
| 9:56 AM
We already know that federal regulators have undermined accountability for abuses by mortgage servicing companies. In another disturbing development, the Federal Reserve and the Office of the Comptroller of the Currency (OCC) are refusing to turn over...
| Aug 3, 2013
| 12:46 PM
To win the two-bedroom Canton condo Jillian Rimmer wanted, she offered to pay $75 more a month than the asking rent of $1,600.
It worked: The landlord chose her bid, and she and a roommate live there now.
"I was willing to pay that for the great...