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Regal Bancorp Inc. of Owings Mills has reached an agreement with the Federal Reserve Bank of Richmond, the regulator announced Tuesday. The holding company for Regal Bank & Trust agreed not to declare or pay any dividends or incur more debt without the...
Rep. Elijah Cummings did two things last week that merit his defeat in November. He continues to be the lead defender of Attorney GeneralEric Holder'sdeliberate arming of Mexican drug cartels, which led to the murder of hundreds of Mexicans and one U.S....
Tags: Ron Paul
Congressman Elijah Cummings did two things recently that merit his defeat in November. He continues to be the lead defender of Attorney GeneralEric Holder'sdeliberate arming of Mexican drug cartels, which has led to the murder of hundreds of Mexicans...
Tags: Ron Paul
Norman Harvel is growing old under a mountain of debt. At 60, Harvel faces medical and credit card bills topping $80,000. Yet Harvel is unable to work, having been injured at a job site more a decade ago. The former building maintenance worker now...
Rarely in history has the cause of a major economic problem been so clear, yet have so few been willing to see it. The major reason this recovery has been so anemic is not Europe's debt crisis. It's not, as right-wing economists tell us, because taxes...
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...
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...
Tags: Rome (Italy), Trade Balance, Finance, Business, Unemployment
European leaders are working feverishly to create what German Chancellor Angela Merkel is calling a "fiscal union" to restore private investor confidence in Europe and rekindle growth. Unfortunately, what she advocates will thrust Europe into a deeper...
Contrary to conventional wisdom, the United States does not have to default on its debt, and the Social Security and Medicare checks can continue to go out, even if Republicans and President Barack Obama cannot strike a deal to raise the debt ceiling by...
Affordable-housing provider Habitat for Humanity of the Chesapeake said its new chief executive — who brings a construction and finance background — will come on board this month. Mike Posko, a principal with real estate consulting firm Cross...
Tags: Corporate Officers
Anca Safta never missed a payment on her loan to expand her Lutherville home. But that didn't stop Safta's mortgage servicer from citing her this year for failing to pay, reporting her to credit agencies and threatening to foreclose. "It was just a...
Tags: Lawyers, Finance, Mortgages, Bankruptcy, Loans
The Annie E. Casey Foundation and other Baltimore institutions are organizing to help accelerate the growth of well-paying jobs and make sure more residents are qualified to land them, building on the recommendations of a new study that envisions the...
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