| Jan 1, 2013
Despite all the cliff drama in the past week that sent stocks spiraling downward, all three major U.S. stock indices ended the year higher — which might come as a surprise to many investors
U.S. stocks rallied Monday in the last hours of trading...
| Jul 1, 2013
| 8:55 AM
On a sun-splashed afternoon that marked the second day of summer, I joined a diverse throng of men, women and children, all waiting to board the Staten Island Ferry — a hulking orange vessel that provides free commuter service between Manhattan...
| May 21, 2013
| 12:43 PM
Once again, the Harford County government, like many county and municipal governments around the state and nation, has perpetuated the practice of running a taxpayer-subsidized business banking system.
Most recently, the Harford County Council...
| Sep 22, 2013
The excited voices on CNBC radio riveted financial adviser John Bacci's attention as he drove to Chestertown five years ago for a routine client visit.
The stock market was in freefall that Sept. 29 after Congress rejected a $700 billion rescue of the...
| Aug 10, 2013
During the depth of the 2008 financial crisis when Bill Miller's funds were in free fall, a colleague advised him to get a dog.
"I needed to change my luck," said the Legg Mason money manager, famous for beating the market 15 years in a row. "I reasoned...
| 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...
| Oct 8, 2012
| 3:00 AM
Corporate-sponsored groups have launched a campaign of litigation in the lower federal courts challenging the legality of the second major piece of President Barack Obama's legislative program, one that received a lot of attention in last week's first...
| Oct 9, 2012
| 10:28 AM
The purpose of this letter is to express my strong objection to Baltimore County Executive Kevin Kamenetz's proposal to float a $250 million Pension Obligation Bond (POB). Words make it difficult to accurately express my opposition.
I believe that it...
| Jun 18, 2013
| 6:18 PM
Under growing pressure over recently disclosed surveillance programs, the head of the National Security Agency told lawmakers Tuesday that gathering telephone data and monitoring Internet use has helped to disrupt more than 50 "potential terrorist events"...
| Oct 18, 2012
| 4:13 PM
The owner-operator of a cosmetics company in Beltsville pleaded guilty Thursday to income tax evasion, prosecutors said.
Bae Soo "Chris" Chon, 49, funneled revenue from Mirage Cosmetics Inc. into foreign bank accounts in Hong Kong and Seoul and...
| May 28, 2013
Baltimore's two major mutual fund companies have joined a small but growing number of investment firms offering ultrashort-term bond funds, which may become an alternative to the traditional money market fund.
The T. Rowe Price Ultra Short-Term Bond...
| Oct 29, 2012
| 4:45 PM
As much of the Baltimore region shut down, some businesses made sure they could stay open — come hurricane and high water.
The Renaissance Baltimore Harborplace Hotel brought in sandbags, ordered $30,000 in extra food and arranged for employees...