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Federal Reserve

Federal Reserve
A collection of news and information related to Federal Reserve published by this site and its partners.

Top Federal Reserve Articles

Displaying items 85-96
  • With Libor suit, Baltimore reinforces role as banking watchdog

    With Libor suit, Baltimore reinforces role as banking watchdog
    Two huge civil cases led by Baltimore — one that ended last week as the other gained momentum — spotlight City Hall's emerging role as an aggressive watchdog against the misdeeds of multinational banks. On Thursday, Wells Fargo settled a...
  • Patapsco Bank's parent reaches agreement with regulators

    Patapsco Bank's parent reaches agreement with regulators
    The Federal Reserve announced Tuesday that Patapsco Bancorp of Dundalk has agreed to take steps to maintain the soundness of the company and its Patapsco Bank subsidiary The company and the bank must submit plans showing how they will sustain...
  • Patapsco Bank's parent posts $365,000 profit

    Patapsco Bancorp of Dundalk reported Wednesday that it earned $365,000, or 18 cents per share, in the first quarter ended in September. That's an increase from a year earlier, when the parent of Patapsco Bank posted a profit of $128,000, or 7 cents a...
  • Student loan debt traps parents, too

    Student loan debt traps parents, too
    Just as parents and their high school seniors are about to sign those college acceptance letters, there is news that unless Congress acts by July 1, the interest rate on federal student loans will double from 3.4 percent to 6.8 percent. President...
  • Letter: Senate must pass bill to audit Federal Reserve Bank

    The U.S. House of Representatives recently passed a bill to audit the Federal Reserve Bank (the Fed). The Fed is a private entity authorized by Congress in 1913 to control the nation's monetary system, an extremely powerful function. That the Fed, whose...
  • 'Next economy' envisioned for Baltimore region

    'Next economy' envisioned for Baltimore region
    A new report being released today calls on the Baltimore region to rethink economic development, pointing to a worrying trend: a mounting share of low-wage jobs shutting more and more residents out of the middle class. The number of jobs in largely low-...
  • Institutions organize to boost Baltimore's 'next economy'

    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...
  • Memo to the president: why being 'on the right track' isn't enough

    Memo to the president: why being 'on the right track' isn't enough
    Dear Mr. President: So far your election strategy can best be summed up as: "We're on the right track, my economic policies are working, we still have a long way to go, but stick with me and you'll be fine." I'm afraid this won't be enough to win you...
  • Wall Street shrugs off sequester

    Wall Street shrugs off sequester
    The drumbeat for weeks has been that $85 billion in across-the-board federal spending cuts known as the sequester would be so horrendous for the economy that lawmakers in Washington would be forced to compromise by the March 1 deadline. When no deal was...
  • Government favors big corporations

    Government favors big corporations
    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...
  • Dow is up: Happy days here again?

    Dow is up: Happy days here again?
    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...
  • Minimum wage is a jobs killer, case closed

    Minimum wage is a jobs killer, case closed
    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...