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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 97-108
  • Students trapped by high debt, low wages

    Students trapped by high debt, low wages
    Based on estimates by the Federal Reserve, for the first time in U.S. history, student-loan debt ($867 billion) has surpassed credit card debt ($704 billion). These debt levels have real implications for productivity and lifetime earnings for this current...
  • Obama and bin Laden: Who wouldn't have given the order?

    I was not surprised that die hard Democrat Mel Mintz is supporting the re-election of President Obama ("Romney is this year's Dewey," Sept. 5), but the reasons he gives for his support are amusing. He must be living in some other country. First, he...
  • 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...
  • There's a reason the economy isn't generating jobs

    There's a reason the economy isn't generating jobs
    The economy added 96,000 jobs in August, down from 141,000 in July and not nearly enough to keep pace with population growth. The unemployment rate fell to 8.1 percent only because 581,000 workers quit looking for work and are no longer counted in the...
  • 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,...
  • 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...
  • 'Huge drop' in funding for community development

    'Huge drop' in funding for community development
    The City Arts Apartments are full of artists who live and work in the Baltimore complex, built on what long had been a vacant lot in a very vacant neighborhood. But a sudden gap in its development financing almost kept the project from getting off the...
  • Germany's plan will make euro crisis worse

    Germany's plan will make euro crisis worse
    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...
  • 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...