| Mar 19, 2014
| 10:30 AM
Exactly two years ago, I wrote a column titled "Coping in a low interest world". At the time, short-term interest rates were essentially zero and the benchmark 10-year Treasury yield hovered at around 2.4 percent. Soon after, 10-year yields plunged to 40-...
| Mar 21, 2014
| 5:00 AM
A major player in the burgeoning business of renting single-family homes is cashing in on its portfolio — to raise money to buy more.
Colony American Homes — an arm of Santa Monica-based Colony Capital LLC — plans to issue $513.6...
| Mar 2, 2014
| 5:00 AM
Southern California home building is stuck at historic lows, one of many factors conspiring against middle-class buyers in a recovery marked by high prices and low supply.
Despite explosive price gains last year, builders and their Wall Street...
| Mar 4, 2014
| 6:54 PM
MOSCOW - President Vladimir Putin delivered a robust defense of Russia's actions in Crimea and said on Tuesday that he would use force in Ukraine only as a last resort, easing market fears that East-West tension over the former Soviet republic could...
| Mar 6, 2014
| 9:31 AM
Harford County government has received top ratings from the nation's three major municipal bond rating agencies in advance of a $40 million bond sale scheduled for March 11.
Standard & Poor's Ratings Services informed the county Tuesday it had upgraded...
| Apr 15, 2014
| 6:30 PM
When the stock market does well, it becomes easier for life insurance companies to sell "permanent life" products that grow in value in step with general increases in the stock market. Unlike term life policies, which only pay when the insured person dies...
| Apr 15, 2014
| 11:33 AM
The prevailing governing philosophy of Baltimore County might well be summed up, with apologies to Henry David Thoreau, as "That government is best which governs least interestingly." As such, County Executive Kevin Kamenetz appeared to go to great...
| Oct 15, 2013
| 11:15 AM
NEW YORK – The prospect of a U.S. debt default has unnerved investors, corporate executives and foreign leaders.
What's so troubling about Congress failing to raise the nation’s debt ceiling by Thursday? Here are basic facts about the debt...
| Oct 9, 2013
| 10:58 AM
Nearly three-quarters of investors in a new survey say their confidence in the economy has been shaken by the government shutdown and threat of default.
Most people have not made adjustments to their portfolios as a result of the political impasse in...
| Mar 1, 2014
| 4:37 AM
The Lyons Township High School District 204 school board recently approved about $22.6 million in projects at both campuses, including the renovation of the Reber fine arts center and cafeteria at the north campus in La Grange and the science labs at...
| Sep 10, 2013
| 2:20 PM
The juxtaposition of two seemingly unrelated events this week ought to have taxpayers recoiling in horror.
Both events involved schemes by politicians to grab "upfront cash" to make themselves look good while in office, so that when most of the bills...