A law that went into effect last Thursday raising minimum wage workers hourly wage from $7.25 an hour to $8 has boosted the buying power of some workers, while forcing some small business owners in southwest Baltimore County to make tough decisions.
2015 -- the far-away year Marty McFly visits in the 1980s classic Back to the Future -- is shaping up, ironically, to be a year when the familiar reasserts itself. Such mainstays as the Bush-versus-Clinton dynastic feud, the Star Wars saga, interest rates, U.S. power around the world and the telephone all are poised to make a comeback this year.
The governor-elect's current assessment of Baltimore being in decline is far off base. The accomplishments of the last few years show Baltimore has turned a corner and is being primed for the type of growth the governor-elect hopes to see for all of Maryland.
Home values in Harford County's Route 40, Level and Abingdon areas fell slightly during the latest round of property reassessments but commercial properties continued booming, thanks in large part to sites like the thriving Perryman corridor.
States that want to become magnets for new businesses, or strengthen their position as such, must focus on eliminating harmful taxes that stifle economic growth such as income taxes and estate taxes. Maryland — with a 5.75 percent state income tax, large local income tax add-ons, a state estate tax and an incoming Republican governor — has an unprecedented opportunity to join the ranks of pro-growth states by passing a law to cut taxes equal to increased revenues from passage of a
When the new Congress begins its work next month Sen. Ben Cardin will become the top Democrat on the Senate committee with oversight of small business policy, giving the Maryland lawmaker a new platform to influence a key sector of the economy.
Insurance and real estate firms are scrambling to prepare for the expiration of a federal terrorism insurance program at the end of the month that supporters say is critical for construction projects and large buildings, such as utilities and sports stadiums.
Harford County's new administration is consolidating all its economic development agencies under one roof in a shopping center on Route 40 between Aberdeen and Havre de Grace that is owned by two political supporters of County Executive Barry Glassman.
The state will be mailing a belated, and not necessarily welcome, Christmas gift to more than 740,000 property owners Friday — results from the latest round of property assessments, which showed home values increasing an average of 8.1 percent.
When most people imagine others volunteering, they see them physically helping at shelters, hospitals, schools and various organizations. As the wife of a small business owner, my time is not readily available on a weekly basis to participate like this.
By By Anne Wismer and Special to the Community Times
We are living in a time of declining economic mobility and stagnating educational progress. Fortunately, we are also living in a time of unprecedented innovation. From Baltimore to Brooklyn and beyond, we would be wise to pay attention to the lessons of our ancestors and to the power of many of our nation's most promising entrepreneurs to help solve our nation's biggest problems.
The Marriner's have received a $200,000 loan from the county to help launch the new business, which Randy said he hopes to have operational in March. The brewery is being constructed inside a 7,200-square-foot barn at Manor Hill Farms in Ellicott City, a small 54-acre working farm owned by the Marriners, who also live on the property.
Stop shopping online and start shopping at local businesses.That was the message conveyed by Maryland State Comptroller Peter Franchot during a visit to Catonsville's small businesses along Frederick Road on Wednesday.
Now that the elections are over and Congress is back in Washington, manufacturers across the nation are hoping our lawmakers will work with us to help get our economy back on track. A great place to start would be passing a package of on-again/off-again tax provisions known as "tax extenders."
A coalition of public health and community advocacy groups, including the Howard County-based Horizon Foundation, wants Maryland legislators to eliminate the state's sales tax on bottled water and to require restaurants to offer healthier drink options as part of their kid's meal menus.
Repeatedly, Fed policymakers have been too optimistic in their forecasts and were forced to delay ending the Fed's purchases or long-term bonds, and now the same may prove true for raising ultra-low interest rates. Rates need to go up for both economic and political reasons — the sooner the better.
Economist Anirban Basu seems like he's everywhere, his advice shaping local governments, big companies, educational institutions and now, as a member of Gov.-elect Republican Larry Hogan's transition team, the state's future.
A push to reduce taxes on some businesses gained new momentum with last month's election of Republican Larry Hogan. But a nearly $600,000 budget gap could stall the effort, which is focused on lowering the burden for firms whose profits are taxed at the individual rate.