| Oct 16, 2011
The first reports of big banks instituting new fees for using debit cards and for certain checking accounts really riled customers. Clifford Rossi, a professor at the Robert H. Smith School of Business at the University of Maryland, is well suited to...
| Jul 12, 2012
| 6:24 PM
About 1,000 Baltimore-area residents are expected to receive thousands of dollars each under a landmark $175 million settlement between the U.S. Department of Justice and Wells Fargo over accusations of discriminatory lending practices.
Under the terms...
| Jul 17, 2012
| 11:50 AM
LOS ANGELES -- For Mary Sanchez, the vacant, foreclosed home across from hers on Abner Street in El Sereno was an assault on the senses and her piece of mind.
Gang members and squatters used it as a stash house. The place stank of dead animals. Mice made...
| Jul 29, 2012
Borrowers overwhelmed by private student loan debt often discover an ugly truth too late — these loans can't be discharged in bankruptcy like other types of consumer loans.
A new report on private student loans by the Consumer Financial...
| Apr 23, 2012
| 8:14 AM
By several measures, metropolitan Baltimore's economy is doing better than fine.
In 2010, median household income was nearly $15,000 higher than the national average, and during the last decade, real incomes grew even as they shrank nationally. Metro...
| Apr 25, 2012
| 3:55 AM
Arts as an economic dfevelopment tool will get a national spotlight when the Brookings Institution and the National Endowment for the Arts co-host “The Arts, New Growth Theory, and Economic Development.”
The symposium with leading...
| May 1, 2012
| 8:14 AM
Five men, some of whom describe themselves as anarchists, were arrested after allegedly conspiring to blow up a bridge near Cleveland, the FBIsaid Tuesday.
Douglas L. Wright, 26, Brandon L. Baxter, 20, and Anthony Hayne, 35, were arrested Monday...
| May 6, 2012
The thrill of potentially winning big bucks gets people to spend millions of dollars regularly on lottery tickets. Can this same concept excite Marylanders to become better savers?
We'll find out.
A new law that kicks in next month will allow banks...
| Nov 27, 2008
The United States' war on drugs has failed and will continue to do so as long as it emphasizes law enforcement and neglects the problem of consumption, a Washington think tank says in a report co-chaired by a former president of Mexico.
| Feb 26, 2007
Even as the federal government is starting to crack down on companies that hire illegal immigrants, it's been helping those same workers send money home, cheap.
Dubbed Directo a Mexico, the Federal Reserve-sponsored service allows customers without...
| Feb 14, 2007
Mexicans who work in the United States and send money south of the border are moving into the financial mainstream, according to a new survey.
Fully 70% of migrants interviewed by Mexico's central bank said they had a U.S. bank account. The findings also...