| Aug 25, 2013
Federal Reserve Chairman Ben Bernanke plans to step down when his term expires at the end of January — if not sooner — and President Barack Obama is expected to nominate a successor this fall.
Right now, the front-runners appear to be former...
| 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...
| Oct 9, 2013
| 5:05 PM
The latest out of the extreme conservative wing of the Republican party is that a failure of the U.S. government to take the steps necessary to pay all its bills on time would be no biggie. They say we could juggle things around and avoid missing any...
| Oct 16, 2013
| 2:58 PM
Robert Lamont Tate, who founded two industrial manufacturing businesses and was a former president of the Maryland Chamber of Commerce, died of heart disease Oct. 5 at his Sarasota, Fla., home. The former Ruxton resident was 89.
Born in Baltimore, he was...
| Oct 25, 2013
| 4:30 AM
State Sen. Jim Rosapepe castigates tea party Republicans for the recent shutdown, referring to them as "illiterate political extremists" and "power hungry opportunists" ("We have a deal, but the damage is already done," Oct. 17).
| Oct 31, 2013
| 7:30 AM
Political parties delight when there are rifts within their opponent's ranks. As a member of the tea party, I've been verbally attacked by everyone from President Barack Obama to the friends with whom I work. The Democrats rolled out an enormous...
| Nov 4, 2013
| 3:00 AM
While it's not uncommon for any negotiation to begin with a degree of doubt, it's difficult to imagine any launched with as little optimism as accompanied the opening last week of federal budget talks. That President Barack Obama could possibly still be...
| Nov 10, 2013
| 12:30 PM
In all levels of all programs and institutions, public or private, big or small, government or corporate, there is some degree of fraud or mismanagement ("Food stamp fraud is real and must be stopped," Nov. 6). There is no way to have a program like the...
| Nov 18, 2013
| 9:40 AM
After "60 Minutes" ran a devastating piece on the deadly attack on the U.S. diplomatic mission in Benghazi, South Carolina Sen. Lindsey O. Graham pledged to block President Barack Obama's nominees for Federal Reserve chairman and for the next secretary of...
| Nov 18, 2013
| 2:51 PM
Baltimore County's Fairmount Bancorp Inc. said Monday its bank, Fairmount Bank, is now a state-chartered commercial bank, after converting from a federally chartered savings bank last week.
"We believe the Maryland commercial bank charter will be a...
| Nov 19, 2013
| 1:31 PM
A developer plans to convert the historic Equitable Building into 180 residential apartments, the latest Baltimore development designed to capitalize on trends that predict increased urban living.
JK Equities, a real estate company with offices in New...
| Nov 21, 2013
| 10:00 AM
Peter Morici's blames President Barack Obama and the Federal Reserve for failure to avert a "brewing economic crisis" without even mentioning the Republican House's refusal to even consider the jobs bills and any proposals that would spur economic...