| May 10, 2013
| 2:49 PM
Baltimore-area home sales rose 15 percent in April compared with a year earlier, and newly pending deals soared as buyers kicked the spring housing market into higher gear, according to data released Friday.
Prices remained largely unchanged at $238,...
| May 12, 2013
| 6:35 AM
Here's what Ben Bernanke, the Federal Reserve chairman, said three years ago as the nation's gap between rich and poor widened toward historic levels: "I think it's a very bad development. It's creating two societies. And it's based very much, I think, on...
| May 2, 2013
| 1:18 PM
The Federal Reserve Board announced Thursday that it terminated an enforcement action against Baltimore-based Harbor Bankshares Corp.
The Federal Reserve Bank of Richmond issued the action in July 2010, reaching an agreement with the holding company...
| May 5, 2013
| 6:30 AM
When I read Stanley J. Glinka's recent letter defending the presidency of George W. Bush I wanted to laugh, but it was 6 a.m. and I did not want to wake up my still sleeping wife ("Stop blaming Bush," May 1).
Now I know how people like Michele...
| Apr 21, 2013
| 5:00 AM
A dangerous confluence of recent business stories have been attention grabbers. First, the Obama administration announced an initiative to ensure more home loans for those with weak credit. Then, a number of prominent economists issued forecasts...
| Apr 15, 2013
| 7:30 AM
In response to your editorial "Put up or shut up" (April 11), I just have one question: What part of economics don't you understand?
You mention that the president wants to "reduce deficits to a manageable size." Yet in his budget he proposes growing...
| Mar 28, 2013
| 9:15 AM
The Internet is changing how leaders talk. Leaders from Rome to Beijing and beyond are helping usher in a new era of plain speaking. But American leaders are lagging behind, stuck in old patterns of windy and obfuscatory speech.
Around the globe, what's...
| 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...
| Mar 31, 2013
| 5:00 AM
Remember when President Barack Obama stuck a federal takeover of the student loan program into the "Affordable Care Act," AKA "Obamacare"?
The dirty deed was accompanied by a promise that federal control would save taxpayer money and cut off all the...
| 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...
| Jun 13, 2012
| 8:43 AM
The U.S. economy is drifting toward recession, but when Federal Reserve policymakers meet next week, they will have few options.
Jobs creation slipped alarmingly in April and May. Wages, which were rising modestly through the recovery, have been...
| May 14, 2012
| 3:00 AM
Europe's single currency is a bust. With unemployment reaching depression levels in the Mediterranean states, time has long passed to negotiate an orderly return to national currencies.
Euro advocates argue a single currency is essential for creating a...