| Feb 22, 2013
| 4:30 AM
If Robert Reich is looking for "baloney" in the debate over minimum wage hikes, he should start with his recent commentary in The Sun ("The minimum wage and the meaning of a decent society," Feb. 20).
Contrary to Mr. Reich's claim, the academic and...
| Jun 11, 2013
| 10:03 AM
The Senate this week begins debate on the proposed immigration reform bill. If this bill becomes law, there is one likely outcome for low-skilled Maryland workers: disaster.
The assurances of the bill's proponents that the bill will somehow help the...
| Feb 17, 2013
Raymond "Chip" Mason first met Joseph A. Sullivan over dinner at a Chicago restaurant, where the founder of Legg Mason Inc. interviewed the young bond trading manager for a job with the Baltimore company.
A lot of the conversation, Mason recalled, was...
| Jan 7, 2013
| 4:37 PM
President Barack Obama is expected to soon nominate a new head of the Social Security Administration, replacing an incumbent appointed by his predecessor, George W. Bush, but the White House is mum on who should take the helm at the agency, which faces...
| May 28, 2013
| 10:22 AM
The latest indicator that the U.S. economy is on the upswing can probably be found on the street where you live: It's the "sold" sign planted in the neighbor's yard.
Perhaps you hadn't noticed, but the real estate industry is not the moribund mess you...
| May 28, 2013
| 11:10 AM
As the five-year anniversary of the Lehman Bros. bankruptcy and the collapse of the mortgage market approaches, Americans are still struggling to cope with the consequences of the Great Recession. More than 4 million households have lost their homes to...
| Jan 8, 2013
| 11:46 AM
Periodically, one comes across a jaw-dropping example of lawsuit abuse. The Good Samaritan gets sued for preventing a suicide, the robber takes the store clerk to court for fighting back, the B-list starlet sues because nobody watched her sex tape...
| Jan 9, 2013
| 7:10 AM
Fiscal cliff is so last year. In 2013, it's all about the trillion-dollar coin. And there's at least one news outlet campaigning for the dream coin to feature Michael Phelps.
If you haven't been paying attention, the idea of a trillion dollar coin --...
| Jan 10, 2013
Richard Cordray, the director of the Consumer Financial Protection Bureau, is expected to announce the issuance of a pioneering federal rule Thursday that is intended to help prevent a repeat of the risky mortgage lending that led to the recent housing...
| Jan 16, 2013
TARP, the infamous Troubled Assets Relief Program that bailed out Wall Street in 2008, is finally over. The Treasury Department recently announced it will soon be completing the sale of the remaining shares it owns of the banks and of General Motors....
| Dec 28, 2012
| 7:53 PM
Usually by early December, investment professionals have mapped out their outlook for the next year.
But such forecasting has been made difficult by the "fiscal cliff" — the confluence of spending cuts and higher taxes that kick in automatically...
| May 15, 2013
| 4:49 PM
Maryland for years benefited from its close proximity to the nation's capital, but the mandatory federal spending cuts called sequestration will be a drag on the state's economy for the next couple of years, said the president of the Federal Reserve...