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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 49-60
  • Maryland economy will continue to feel government spending cuts

    Maryland economy will continue to feel government spending cuts
    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...
  • Niall Ferguson's blooper

    Niall Ferguson's blooper
    At an investment conference last week, Harvard historian Niall Ferguson created a huge mess for himself. He glibly speculated that maybe because economist John Maynard Keynes was a childless, "effete" homosexual, he embraced a doctrine that favored...
  • Baltimore-area home sales rise 15% in April

    Baltimore-area home sales rise 15% in April
    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,...
  • Maryland's McDaniel College closing the 'opportunity gap'

    Maryland's McDaniel College closing the 'opportunity gap'
    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...
  • Harbor Bankshares out from under regulatory enforcement orders

    Harbor Bankshares out from under regulatory enforcement orders
    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...
  • Bush deserves the criticism he's getting

    Bush deserves the criticism he's getting
    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...
  • Did we learn anything from the subprime loan crisis?

    Did we learn anything from the subprime loan crisis?
    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...
  • U.S. suit against S&P: Bad for business, bad for democracy

    U.S. suit against S&P: Bad for business, bad for democracy
    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...
  • Don't expect much help from the Fed

    Don't expect much help from the Fed
    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...
  • The euro has failed

    The euro has failed
    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...
  • Subpoenas put Balt. Co. developer in the spotlight

    Subpoenas put Balt. Co. developer in the spotlight
    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...
  • Rachel Marsden on Waiting for a European Santa Claus

    Rachel Marsden on Waiting for a European Santa Claus
    While your co-workers hover around the water cooler debating whether it matters if Mitt Romney bullied some kid in his youth, a formerly First World nation called Greece is teetering on the brink of bankruptcy. Why, you might ask, should Middle America...