| 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...
| 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...
| 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...
| Sep 27, 2012
| 6:39 AM
As the Federal Reserve begins another round of money-printing disguised as monetary policy (Quantitive Easing, Round Number 3), it is instructive to review the congressional scorecard of those congressmen who continue to give the Fed this power....
| Sep 18, 2012
| 7:30 AM
Here we go again. Under the third round of the Federal Reserve's "quantitative easing" program, the bank will spend $40 billion more a month for 12 months ("Markets rally on new Fed stimulus," Sept. 14). Together with the $45 billion already committed...
| Sep 17, 2012
| 5:20 PM
Eyeing the Royal Farms sign advertising a gallon of premium gas for $3.99, Taryn Gross-Ojekwe's jaw fell open.
"When it is going to cease?" she said of the price, which has climbed steadily over the past few weeks. "Just within the last few days, it...
| Aug 24, 2012
| 1:34 PM
Mention development in Catonsville, and the name Stephen Whalen Jr. likely will come up.
Drive around town, and you'll see blue signs staked in people's yards voicing opposition to the local developer's idea to build a large mixed-use development known...
| Oct 1, 2012
| 3:00 AM
I can predict a few things with virtual certainty. For instance, in the upcoming presidential debates, President Barack Obama and Mitt Romney will try to outdo each other in condemning China's economic practices. Their positions will be virtually...
| Oct 4, 2012
| 2:49 AM
The Baltimore County Public Library in Towson and the League of Women Voters announced Wednesday a series of election programs on immigration, health care, and the economy to educate voters before next month's election.
"These are all issues that...
| Oct 9, 2012
| 10:28 AM
The purpose of this letter is to express my strong objection to Baltimore County Executive Kevin Kamenetz's proposal to float a $250 million Pension Obligation Bond (POB). Words make it difficult to accurately express my opposition.
I believe that it...