financial markets
- WASHINGTON -- Rep. John Delaney, who spent a career in financial services before running for Congress, joined President Barack Obama on Monday in calling for tougher regulations on brokers who help people plan for retirement -- offering his endorsement of a plan that is unlikely to sit well with some on Wall Street.
- By electing Syriza leader Alexis Tsipras to be premier, Greeks voted last week to end the draconian economic measures imposed by Germany and other international lenders. After the dust settles, German Chancellor Angela Merkel will either backpedal on the austerity imposed on Athens or accept Greece's exit from the euro.
- President Obama has a particular weakness for the logical fallacy known as the argument from authority, says Jonah Goldberg.
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- By early next year, certain residents of Westminster and tenants in the Air Business Park will have access to faster, more reliable Internet service for voice, video and data services.
- The Federal Reserve's efforts to boost the economy have made the poor poorer and the rich richer.
- Legg Mason plans to close a deal to restructure $650 million in debt this month, a move designed to lock in favorable interest rates for the long term while taking advantage of the market's sustained appetite for corporate bonds.
- Summertime settled into Wall Street on Friday as major stock indexes drifted slightly higher going into the weekend.
- Banks and other financial firms tugged the stock market slightly lower Thursday as a mixed batch of economic reports and earnings results gave investors little reason to push the market up.
- Maryland will receive $33 million from a nearly $1 billion joint state-federal settlement reached with SunTrust Mortgage Inc. over problems with its mortgage servicing and foreclosure procedures, Attorney General Douglas F. Gansler said Tuesday.
- Baltimore money manager T. Rowe Price said Thursday that net income rose nearly 26 percent in the first three months of the year, compared with a year earlier, as revenue from investment advisory fees grew by more than $120 million.
- The Applications and Research Laboratory's Academy of Finance unveiled a new data center, which includes a New York Stock Exchange ticker, on Friday, March 21.
- A former Towson-based financial advisor for Signator Investors Inc. was found liable, along with the firm, for elderly clients' retirement losses, according to a Tuesday decision by arbitrators for a securities industry regulator.
- The Dolan Co., owner of The Daily Record, has signaled financial distress by hiring a restructuring officer, deciding against paying a dividend for the last quarter and disclosing that it received a warning from the New York Stock Exchange over its low stock price.
- Interview with Michael D. Hankin, CEO of Brown Advisory
- Maryland financial advisers and money managers say investors are concerned but not panicked yet by debt ceiling brinkmanship
- Like investors who sparked the financial crisis, Republicans in Congress have overplayed their position and put the nation at risk.
- The reality-averse brigade in the GOP is pushing a showdown over the debt limit out of a refusal to be accept that facts trump politics.
- Maryland financial professionals look back on financial crisis and the repercussions still being felt
- Baltimore's Matthew Wyskiel co-founded fundraiser that sells tickets to evening with area stock pickers.
- Maryland business and financial leaders say who they want as the next Fed chair
- Famed money manager Bill Miller's fund is once again beating the market, but analysts say its too early to know whether he's made a comeback.
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- Under growing pressure over recently disclosed surveillance programs, the head of the National Security Agency told lawmakers on Tuesday that gathering telephone data and monitoring Internet use has helped to disrupt more than 50 "potential terrorist events" since the attacks of Sept. 11, 2001.
- Harbor Bank, a minority-owned commercial bank with nearly $251 million in assets, comes out from under heightened federal scrutiny.
- Baltimore's two major fund companies have joined a small but growing number of investment firms offering ultra short-term bond funds, which may become an alternative to the traditional money market fund.
- Once again, the government of Harford County, like many county and municipal governments around the state and nation, has perpetuated the practice of running a taxpayer-subsidized business banking system.
- Washington television -- and we're primarily talking about WUSA, the CBS affiliate -- has become very Ravens-friendly.
- Wilde Lake High School senior Taylor Bruner has long had a penchant for money matters, and that insight has developed into a interest that may not only reap dividends after high school, but also helped her and three other like-minded students at Howard County's Applications and Research Lab capture a state finance competition.
- Layoffs of 14 employees at the Baltimore Museum of Art driven by lingering effects of the 2008 recession
- Signs abound that the enthusiasm from last fall — when the club broke a 15-year streak of losing records and postseason whiffs — has carried forward to a new season, which starts Tuesday in Tampa Bay.
- Joseph A. Sullivan, who has served as interim leader of Legg Mason Inc. for more than four months, has been named CEO and president of the Baltimore-based money manager, the company announced this morning.
- In summer 2007, a complicated deal to buy Tribune Co. and take it private reflected all the dangers of an easy-money era when caution was pushed aside.
- Some Ravens fans have already booked their trip to Denver for Saturday's playoff game against the Broncos, while others are contemplating the cost.
- Peter Morici says the Fed's efforts to reduce the deficit and keep interest rates low will end badly