With volatility in the stock market shaking up investors, Jonathan Murray, a financial adviser at Hunt Valley-based UBS Financial Services, says people should keep a long-term outlook and accept such corrections as normal.
"We had peace of mind, because we felt we'd have the kind of income so we didn't have to change our lifestyle," Gary Bassford said. "That whole process has been our road map ever since. We still live by that budget."
The CEO of Men's Wearhouse told the retailer's financial advisors to review a merger with Jos. A. Bank Clothiers Inc. and other potential strategies and present options to the company's board, according to a letter from Men's Wearhouse's largest shareholder.
McDaniel College announced in a news release Thursday that it has been named a ¿Best Value¿ by Kiplinger¿s, marking the third year in a row that the college has been recognized by the finance magazine in its annual rankings.
Kroger Co.'s planned acquisition of Harris Teeter Supermarkets Inc. will allow it to capitalize on Harris Teeter's growing brand presence in the Baltimore-Washington market, but consumers will likely see few, if any changes in Harris Teeter stores.
A Baltimore man claiming to be a financial adviser who could produce high returns with no risk pleaded guilty Friday to mail fraud in connection with a scheme that bilked $890,000 from clients, according to federal prosecutors
Members of the Senior Executive Service warn that the public disclosure of their personal finances could leave federal executives vulnerable to identity theft, make their children "prime kidnapping targets" and blow the covers of intelligence operatives.