| 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 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 1, 2013
| 8:55 AM
On a sun-splashed afternoon that marked the second day of summer, I joined a diverse throng of men, women and children, all waiting to board the Staten Island Ferry — a hulking orange vessel that provides free commuter service between Manhattan...
| 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....
| Feb 5, 2013
| 12:40 PM
The Justice Department is accusing Standard & Poor's of defrauding investors with optimistic ratings of mortgage-backed securities and derivatives prior to the financial crisis. While investors are entitled to answers about those conflicts, compensation...
| Mar 25, 2013
| 3:00 AM
When criminal prosecutors at the U.S. Department of Justice found that giant bank HSBC — whose American operation is chartered in Maryland — had violated money-laundering laws covering $200 trillion in transactions, and with customers...
| Mar 13, 2013
VILLANOVA UNIVERSITY: Villanova University named the following students to the dean's list for the fall 2012 semester: Ava Calvano, from Forest Hill, pursuing a bachelor's degree in the College of Engineering; Chelsea Chu, from Forest Hill, studying...
| Mar 15, 2013
| 12:00 PM
A lifelong Democrat, I now find myself taking issue with the Obama administration in general and Federal Reserve Chairman Ben Bernanke in particular as it pertains to current Fed policy. What seemed to have been a good idea at the onset, to keep...
| Feb 27, 2013
| 11:03 AM
Nothing short of a miracle — or a sudden onset of rational behavior inside the Capital Beltway — is going to prevent mandatory, across-the-board federal spending cuts from going in effect Friday. It's also clear the public sector workforce...
| Mar 8, 2013
| 4:30 PM
The drumbeat for weeks has been that $85 billion in across-the-board federal spending cuts known as the sequester would be so horrendous for the economy that lawmakers in Washington would be forced to compromise by the March 1 deadline.
When no deal was...
| Mar 7, 2013
| 5:15 AM
We average people vote but we don't get much respect from our government these days nor from some of our representatives. The government gives our taxpayer money and tax breaks to big companies and corporations that don't pay taxes and often don't pay...
| Mar 6, 2013
| 9:54 AM
Economist John Kenneth Galbraith once observed that there are two kinds of market forecasters, those who don't know and those who don't know they don't know. That is well illustrated by the current disconnect between Wall Street and Main Street, as the...