| Jan 9, 2013
| 7:10 AM
Fiscal cliff is so last year. In 2013, it's all about the trillion-dollar coin. And there's at least one news outlet campaigning for the dream coin to feature Michael Phelps.
If you haven't been paying attention, the idea of a trillion dollar coin --...
| Mar 7, 2013
| 5:15 AM
We average people vote but we don't get much respect from our government these days nor from some of our representatives. The government gives our taxpayer money and tax breaks to big companies and corporations that don't pay taxes and often don't pay...
| Jan 16, 2013
TARP, the infamous Troubled Assets Relief Program that bailed out Wall Street in 2008, is finally over. The Treasury Department recently announced it will soon be completing the sale of the remaining shares it owns of the banks and of General Motors....
| Dec 28, 2012
| 7:53 PM
Usually by early December, investment professionals have mapped out their outlook for the next year.
But such forecasting has been made difficult by the "fiscal cliff" — the confluence of spending cuts and higher taxes that kick in automatically...
| Dec 13, 2012
| 12:16 PM
Bar the door, Nelly — the Fed has abandoned all restraint and will now print money to finance the federal deficit.
To support the weak recovery, the Federal Reserve continues to keep short-term interest rates near zero, purchase mortgage-backed...
| Dec 15, 2012
| 9:30 AM
R. Dean Kenderdine's attempt ("Pension chief: Mossburg ignores reforms," Dec. 10) to argue the facts in Marta Mossburg's excellent Dec. 5 column, "Maryland's Debt Bomb," is ludicrous on the face of it. Ms. Mossburg cited the State Budget Solutions'...
| Mar 6, 2013
| 9:54 AM
Economist John Kenneth Galbraith once observed that there are two kinds of market forecasters, those who don't know and those who don't know they don't know. That is well illustrated by the current disconnect between Wall Street and Main Street, as the...
| May 15, 2013
| 4:49 PM
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...
| May 9, 2013
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...
| Feb 22, 2013
| 4:30 AM
If Robert Reich is looking for "baloney" in the debate over minimum wage hikes, he should start with his recent commentary in The Sun ("The minimum wage and the meaning of a decent society," Feb. 20).
Contrary to Mr. Reich's claim, the academic and...
| 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 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...