| May 27, 2014
| 10:10 AM
To head off a tough bout with stagflation — slow growth and high inflation — the Federal Reserve should start raising interest rates soon.
Most economists expected 2014 to be a breakout year. A surge in new home construction was expected...
| May 12, 2014
| 3:36 PM
Home sales in the Baltimore region dipped slightly last month amid concern about a relatively weak housing market nationwide.
The number of sales in Baltimore city and the five surrounding counties fell by 23, or 1 percent compared with April 2013,...
| Jun 2, 2014
| 6:45 AM
Commentator Peter Morici thinks Federal Reserve Chairwoman Janet Yellen is out of touch with inflation and what ought to be done about it ("Yellen: It's later than you think May 27).
He himself, however, seems a bit out of touch with reality when he...
| Jan 28, 2014
| 11:13 AM
Outgoing Federal Reserve Chairman Ben Bernanke, 60, probably won't win many popularity contests. He's frequently been vilified by the political left for doing too little and by the right for doing too much. Most Americans probably have no idea what he...
| Mar 24, 2014
| 10:29 AM
The Bureau of Labor Statistics' (BLS) employment projections from 2012 through 2022 confirm what Americans already know: The nation is in a structural unemployment crisis, and the outlook is bleak.
The U.S. job market has changed radically. Jobs are...
| Mar 25, 2014
| 7:35 AM
Students in the Academy of Finance at Howard County's Applications and Research Laboratory now have the entire financial world before them.
The academy unveiled a new data center at the Ellicott City school Friday — one that includes a New York...
| Nov 18, 2013
| 10:15 AM
Even Wal-Mart is too expensive for recession battered America.
Everyday low prices are no longer enough — middle-class consumers are fleeing to dollar stores to stretch shrinking paychecks. Yet, Democratic politicians and economists who...
| Jul 31, 2013
| 3:40 PM
President Barack Obama has appointed Sarah Bloom Raskin, a former top Maryland financial regulator, as deputy secretary of the U.S. Treasury Department, the White House announced late Wednesday.
Raskin, 52, has served as a governor of the Federal...
| Jan 2, 2014
| 12:05 PM
By most statistical measures, 2013 will be remembered as a respectable but not great year for the U.S. economic recovery. The gross domestic product grew by about 2.5 percent, which was slightly better than the nation has seen since the end of the Great...
| Aug 25, 2013
Federal Reserve Chairman Ben Bernanke plans to step down when his term expires at the end of January — if not sooner — and President Barack Obama is expected to nominate a successor this fall.
Right now, the front-runners appear to be former...
| Jul 22, 2014
| 3:33 AM
LONDON (Reuters) - Sterling edged towards a two-year high against the euro on Tuesday as hedge funds and speculators sold the single currency against the dollar and pound, betting euro zone monetary policy would stay loose.
The risk of a surprise in...
| Jul 22, 2014
| 1:47 PM
WASHINGTON (Reuters) - El número de estadounidenses que presentaron nuevas solicitudes de subsidios por desempleo cayó la semana pasada a su menor nivel en casi ocho años y medio, lo que sugiere que la recuperación del mercado laboral está cobrando...