| Nov 26, 2013
| 8:48 AM
WASHINGTON -- Profits at the nation's banks fell 3.9% in the third quarter of 2013 compared with a year earlier, the first such decline since 2009, as the industry grappled with higher interest rates that led to a drop in mortgage activity, the Federal...
| Nov 27, 2013
| 12:12 PM
Edward Hall Covell Jr., a leader in Maryland's broiler industry who owned a farm supply business and was named to the Poultry Hall of Fame, died of pneumonia Friday at the Blakehurst retirement community in Towson. The longtime Talbot County resident...
| Dec 3, 2013
| 8:03 AM
WASHINGTON -- Easy-money policies by the Federal Reserve and other central banks have left the U.S. and other economies "increasingly at risk," bond guru Bill Gross warned.
The co-chief investment officer at Pacific Investment Management Co., or Pimco,...
| Dec 3, 2013
| 5:19 PM
The stock market suffered its first three-day losing streak since late September, an indication that share prices may have gotten ahead of themselves in this year's furious rally.
The Dow Jones industrial average slid below 16,000 as portfolio...
| Dec 4, 2013
| 1:14 PM
Regional economies throughout the country got a boost from manufacturing and the housing recovery this fall, but overall the nation's economic growth was modest to moderate.
Manufacturing, which expanded in most regions of the country, was led by gains...
| Dec 4, 2013
| 5:38 PM
WASHINGTON — The nation's economic recovery, seemingly stuck in another pothole after the 16-day federal government shutdown, now looks to be back on track again — and accelerating into the new year.
Recent data, especially this week, have...
| Dec 5, 2013
| 10:02 AM
Chinese authorities on Thursday instructed the country's banks and other financial institutions not to accept bitcoin, an unregulated digital currency that has soared in value amid widespread speculation, state media reported.
China's central bank and...
| Dec 7, 2013
| 7:28 AM
People who thought that bitcoins could serve as either an investment vehicle or an alternative world currency got their heads handed to them on Thursday and Friday. That's when the price of the attention-grabbing crypto-currency got crushed, falling...
| Dec 14, 2013
WASHINGTON — To lawmakers and others arguing that replacing the $1 bill with a $1 coin would save the government money, the Federal Reserve says, "Don't bet on it."
A new analysis by Fed staffers said the old-fashioned greenback is more durable...
| Apr 29, 2014
| 8:10 AM
The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
| Apr 6, 2014
| 5:00 AM
Over the last six years, roaring bears and raging bulls both have had their turns to be right about financial markets.
But investing success in the next market phase could be far more about pinpointing individual opportunities than riding a wave.